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FCPT Announces Sale Leaseback of Eight Sonic Drive-In Properties for $10 6 Million
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FCPT Announces Acquisition of a Dual-Tenant Aspen Dental / Starbucks for $3 4 million
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Recap: Darden Restaurants Q4 Earnings
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Is Four Corners Property Trust a Buy? Millionacres 1 day ago
You may not have heard of
Four Corners Property Trust (NYSE: FCPT), but you may well have dined at one of its properties. This Mill Valley, California-based real estate investment trust (REIT) is the landlord for 810 locations of brand names like Arby’s, owned by
Wendy s (NASDAQ: WEN); Chili’s, owned by Brinker International (NYSE: EAT); Olive Garden and Longhorn Steakhouse, both owned by
Darden Restaurant Group (NYSE: DRI); Burger King, owned by
Restaurant Brands International (NYSE: QSR); Buffalo Wild Wings; and Taco Bell and KFC, both owned by
Yum! Brands (NYSE: YUM).
5 at 5: Your Daily Digest for Real Estate Investing, 5/7/21 Millionacres 1 day ago Marc Rapport © Provided by Millionacres 5 at 5: Your Daily Digest for Real Estate Investing, 5/7/21
Jobs report reaction, Fannie Mae reports homebuying sentiment flop, REIT stocks reach pre-pandemic levels, a focus on Four Corners Property Trust, and pitfalls of homebuyer love letters.
In Today s News
President Joe Biden said today that April s lower-than-expected job growth reveals that the U.S. economy is still struggling to recover from the pandemic, CNBC reports, and that his massive infrastructure and family support bills are needed now more than ever.
The Millionacres takeaway: Biden rejected the idea that federal unemployment benefits are removing incentives for people to return to the labor force. Others disagree: The governors of Montana and South Carolina are moving to end federal pandemic unemployment benefits in their states.