Diversification EffortsManagement has recently been diversifying cash flows into alternative sectors, such as medical and auto, which offer similar characteristics, including transaction size, rent levels, and coverage.
Investment VolumeFour Corners Property Trust announced a casual dining portfolio investment, essentially doubling its investment volume for the year.
Leverage ImprovementProforma transaction and equity settlement, leverage trends down to 5.3x (debt/EBITDA), from 5.7x as of most recent quarter end; this progress will be viewed favorably by investors.