Dine Brands Global, previously known as DineEquity, operator and franchisor (franchisor mostly) of the IHOP and Applebee’s brands, has had its share of challenges in recent years. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.
As senior vice president of acquisitions at National Retail Properties (NNN-NYSE), Josh Lewis is helping the net lease REIT acquire on average between $650 million and $850 million in restaurant and retail properties each year. But it was not long ago Lewis was sitting on the other side of the table helping restaurant operators structure sale-leaseback transactions.
Starbucks (SBUX), the house that Schultz built, is a success story that has inspired many. It is also a Top 10 holding in the Restaurant Finance Monitor and deserves comment.
Starbucks has led both technologically and culturally through its 175,000 “green aprons.” However, on June 26, its founder, Howard Schultz, will move on to bigger, and hopefully better things.
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