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IHOP Corp. Enters Into Sale-Leaseback Agreement for 187 Parcels of Applebee's Company-Owned Restaurant Real Estate - Read More

Date Added: May 21, 2008 04:48:02 AM
IHOP Corp. today announced that its Applebee's business unit has entered into a purchase and sale agreement with a newly formed entity affiliated with Drawbridge Special Opportunities Fund LP; Drawbridge Real Assets Fund LP; and various affiliates, for the sale-leaseback of 187 company-owned restaurant real estate parcels. The sale of the real estate is currently expected to generate gross ...

Category: Real Estate » For Sale


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