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Four Corners Property Continues Its Acquisition Spree - Four Corners Prop (NYSE:FCPT), Darden Restaurants (NYSE:DRI)

It might seem like an unusual time for a real estate investment trust (REIT) to be acquiring new properties, as talk of recession and loss of value for commercial real estate continues. But often, it’s the bold companies that succeed in the financial world when others are too afraid to take risks.
United States Mill Valley North Carolina Williamh Lenehan Audentes Fortuna Corners Property

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Four Corners Property Continues Its Acquisition Spree

It might seem like an unusual time for a real estate investment trust (REIT) to be acquiring new properties, as talk of recession and loss of value for commercial real estate continues. But often, it’s the bold companies that succeed in the financial world when others are too afraid to take risks. A recent Benzinga article highlighted a fairly small but growing REIT — Four Corners Property Trust Inc. (NYSE: FCPT) — that had purchased several properties in April, considerably...
United States Mill Valley North Carolina Audentes Fortuna Williamh Lenehan Olive Garden
Source: yahoo.com

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