Gauging Emerging Distressed Investing Situations in Some Net Lease Sectors B+E has launched a new division to support special servicing of distressed net lease debt in response to the emerging opportunities. The single-tenant net lease market has been flying below the radar when it comes to distress caused by the pandemic recession. In fact, investors seeking a safe haven for capital have continued to pursue net lease assets backed by strong credit tenants. However, some industry players see cracks emerging, particularly in hard hit sectors such as restaurants, fitness centers and big-box retail. There are plenty of examples of that distress emerging with more than two dozen bankruptcy filings from restaurant groups in 2020, including Bar Louie, California Pizza Kitchen and large franchisee groups operating brands such as Applebee’s, Golden Corral and Pizza Hut. Movie theater operator AMC Entertainment Holdings Inc. has stepped back from the brink of bankruptcy—at least for now—after successfully lining up $917 million in new equity and debt financing to help the company weather its continued business disruption and reduced operating capacity.