By Dennis Kaiser Faris Lee Investments, a leading retail advisory, and investment sales firm, recently completed the $6.9 million sale of a near core, not…
The Truth About Tariffs
Talks of tariffs and trade wars have dominated the news lately as the U.S. negotiates abroad over everything from immigration deals with Mexico to intellectual…
Recently Formed Faris Lee Unit Brokers Sale of Calif. Assisted-Living Property
Kayne Anderson Real Estate has paid $39 million, or $165,958/bed, for the 235-bed Casa Sandoval assisted-living facility in Hayward, Calif. The Los Angeles investment manager…
Faris Lee Completes $39M Senior Housing Deal in Hayward
Florida-based Kayne Anderson Real Estate acquired Casa Sandoval, a 187,926-square-foot senior housing community in Hayward, CA, for $39 million. Constructed in 1990, the community offers…
Debt & Equity Update: Rates are DOWN
• Tariffs and trade disputes continue to dominate the headlines, While the recent news that Mexico and the US have agreed to a deal, China…
Retail is 'Running on All Cylinders' As the Fed Holds Rates Steady
It’s been a rollercoaster ride for retail, but Rick Chichester, president and CEO of Faris Lee, believes it’s smooth sailing ahead through at least the…
Faris Lee Picks Up Recruitment to Back Expansion
Faris Lee Investments has hired several new professionals to support its ongoing expansion. The firm is focused on strategic growth in six business groups—single-tenant net-lease,…
The True Cost of Cheap Debt
Faris Lee’s Rick Chichester believes the U.S. economy may have a stiff price to pay for the low interest rate environment that has continued well…
Faris Lee Investments Completes $5.5 Million Sale of Single-Tenant, NNN-Leased Asset Occupied by 24 Hour Fitness in Monrovia, California
IRVINE, Calif., February 12, 2015 – Faris Lee Investments, a leading retail advisory and investment sales firm, has completed the $5.5 million sale of a 17,000-square-foot, single-tenant, NNN-leased retail property occupied by 24 Hour Fitness in Monrovia,…
Riverside Strip Center Produces Premium Sales Price
Red Mountain Retail Group divested a 5,231-square-foot retail property in Riverside, CA to an undisclosed Los Angeles-based private investor for $4.025 million. The closing cap…