REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Bill Lenehan, CEO of Four Corners Property Trust, Inc. (NYSE: FCPT), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.
Four Corners spun off from Darden Restaurants Inc. in November 2015. The REIT operates a portfolio of approximately 440 restaurants located across 44 states.
“We’re in much more of a steady state for growing the portfolio and diversifying,” Lenehan said.
Four Corners Property Trust, Inc. (NYSE: FCPT), which spun off from Darden Restaurants Inc. in November 2015, sees significant external growth potential in the fragmented restaurant real estate sector, according to CEO Bill Lenehan.
At the time of the spinoff, the triple-net lease REIT’s portfolio included 300 Olive Garden restaurants, 104 LongHorn Steakhouse restaurants, 11 Bahama Breeze restaurants, two Seasons 52 restaurants and one Wildfish Seafood Grille restaurant.
