Last Updated: June 18, 2008 05:02pm ET
UPDATE

$303M Applebee’s Sale-Leaseback Cuts Debt

By Bob Howard

GLENDALE, CA-The restaurant chain’s franchor and operator, DineEquity Inc., completes a sale-leaseback of 181 company-owned locations with affiliates of Drawbridge Special Opportunities Fund.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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