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…
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,…
Faris Lee expands Team with Five New Additions
Faris Lee Investments expanded its leadership team, with the addition of five new professionals as part of a larger, strategic business line expansion. The Irvine,…
Underlying Strong Economic News, a Tale of Two Cities
IRVINE, CA–Let’s start with the obvious: The economy and consumer confidence (read: spending) are joined at the hip. Doing a deeper dive beyond sweeping statements,…
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’s Rick Chichester: Consumer Confidence Should Remain at Historic Levels Through 2019
This year got off to an interesting start, considering it ushered in the longest government shutdown in U.S. history. The 35-day shutdown — spanning from…
Grocers Go Digital in the Age of Omnichannel
Technology, e-commerce and omnichannel solutions have penetrated nearly every corner of American consumerism, with few holdouts. One of those holdouts up until recently was the…
Faris Lee Investments Arranges Sale of Two Quick-Serve Restaurants in California for $5.3M
LAKE ELSINORE AND VISTA, CALIF. — Faris Lee Investments has brokered the $5.3 million sale of two quick-serve restaurants in California via two separate transactions.…
Consumer Caution Belies an Increasingly Robust Retail Market
IRVINE, CA–The stock market is still taking us on a financial version of Mr. Toad’s Wild Ride, which if it continues, can impact consumer confidence.…
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