By the spring of 2020, Red, the Steakhouse, in Miami Beach was thriving, poised to capitalize on its success and further expand its brand. With a prime location in the city’s fashionable South of Fifth (SoFi) neighborhood, the restaurant boasted a 198-seat main dining room; a 16-person, glass-...
The coronavirus outbreak has impacted the hospitality industry disproportionally more than other industries. For many companies, revenues have fallen off the cliff. Further, the uncertainty and likely overhang of disruption caused by pandemic in the hospitality industry will continue for the...
An overview of the commercial real estate market and workout strategies for distressed real estate assets. Learn how "the rent [that] is rolling uphill" will impact the commercial real estate market in the coming 24 months...
Restaurants in Crisis: Survival Strategies for Maintaining Liquidity
Restaurants have taken a hard hit, with already-thin margins and precarious balance sheets. Learn more about the unique challenges and opportunities in the restaurant sector during this important...
Anyone eating at an Applebee’s, Buffalo Wild Wings, Chili’s, Olive Garden, Outback Steakhouse, Ruby Tuesday, or TGI Fridays is patronizing a casual dining restaurant. Casual dining establishments provide table service and have “price points of approximately $15 per meal” and “menus with a much...
