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Four Corners Property Trust Is Shucking $15 Million Of Lobsters

To improve balance sheets, there has been a scramble lately among various real estate investment trusts (REITs) to sell off properties that are either at risk of poor future performance or have already been struggling financially. REITs may also sell properties with smaller cap rates to acquire new ones with higher cap rates. Take a look at one diversified REIT, with a history of aggressive acquisitions that is now selling off some of its higher-risk properties at an opportune time. Four Corners

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Darden CEO says dining out continues to be 'an affordable luxury'

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