From the Restaurant Finance Monitor
Starbucks decided it had too many stores in La Mirada, California and last year shut one there that was located at the end of a small strip mall. Like many of the locations the coffee chain vacated, this one didn't stay empty for long. But the ultimate occupant came as something of a surprise: Burger King.
read moreTo highlight its growth in financial advisory services since 2004, NRC Realty Advisors, LLC, a Chicago-based firm specializing in the accelerated sale of real estate by auction and sealed bid sales, has changed its name to NRC Realty & Capital Advisors, LLC.
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From the CSP Daily News
BLOUNTVILLE, Tenn. -- In a sudden change of direction, Appalachian Oil Co. Inc. (Appco) will now be sold to a single buyer rather than broken up for several purchasers. The Appco chain in eastern Tennessee, in bankruptcy since early this year, is slated to be sold to Florida Sunshine Investments I Inc., Coral Gables, Fla., the same company that recently bought Appco's sister-company Crescent Oil Co. Inc., Independence, Kansas. The announcement was made by Denny Ruben, managing director of NRC Realty & Capital Advisors LLC, Chicago, which is handling the Appco sale under direction of the bankruptcy court.
read moreFrom the CSP Daily News
“If oil companies are dead set to divest now, they may need to take a lower price or get creative on financing.” Dennis Ruben, managing director of Chicago-based NRC Realty Advisors LLC, told CSP Daily News.
read moreNRC's senior real estate and financial professionals are uniquely qualified to evaluate and analyze real estate portfolios, for existing operations as well as portfolios which companies are considering acquiring. Our decades of collective real estate and financial experience in a multitude of industries will prove critical in determining highest value and in accurately assessing risks of existing portfolios or potential acquisitions.