Low-Income Units Safe Haven for Some Investors
When economic times are tough, affordable housing is in high demand for residents and real estate executives. Interview by...
New Food Delivery Platform Finds Funding, Eyes Expansion
As food delivery has taken off during the pandemic, different platforms are expanding.
Quote by Jonathan Needell | GlobeSt.com
December 29, 2020
Jonathan Needell, president and chief investment officer of KIMC, is also among those who think ghost kitchens are here to stay.
“I know a lot of restaurant owners,” Needell tells GlobeSt.com. “These are people that have 100 locations and even more. We’ve done a lot of deals with tenants like that, and we know them really well.”
Other observers believe they may be a flash in the pan. Dan Rowe, founder and CEO of Fransmart, believes that ghost kitchens will likely follow the 80/20 rule. “Eighty percent will fail, and 20 percent will succeed — but only those that enlist a brand with a soul to join their facility,” he writes in Entrepreneur. “There will be too many ghost kitchens — and too many without a reputation backing them — to make it.”
Back to All
Related Articles
-
-
Why Institutional Investors Haven’t Made a Big Splash in Affordable Housing
Affordable housing properties just don’t have the scale to attract institutional investors. Quote by Jonathan Needell | GlobeSt.com March...
-
Membership and Leadership Announcements for the Federal Reserve Bank of San Francisco’s Los Angeles Branch Board of Directors
Federal Reserve Bank of San Francisco January 6, 2022 LOS ANGELES – The Federal Reserve Bank of San Francisco...
-
Asset Price Bubbles Could Haunt CRE
A “tectonic shift of capital” is coming to CRE, which could whip up valuations further. Quote by Jonathan Needell ...
-
KIMC: Some Asset Classes May Not Recover From This Disruption
Social distancing could create some long-lasting cultural changes that will rock asset sub-classes like co-working. Quote by Jonathan Needell ...
-
Is Film Production Real Estate Poised for Blockbuster Performance?
Demand for studio space is high, but pitfalls remain for raising the sector to new heights Quote by Jonathan...
-
Kairos Acquires 195-Unit Affordable Property in Las Vegas
Affordable Housing Finance December 8, 2021 Kairos Investment Management Co. (KIMC), a firm that focuses on value-based real estate...
-
It’s Not Just About E-Commerce. Physical Retail Will Also Drive Warehouse Demand This Year
While in-person shopping should increase, demand for modern facilities will also rise. Quote by Jonathan Needell | GlobeSt.com January...
