Lenders, investors rush into restaurant space

SpoonFed: Via NRN

Lenders and institutional investors are rushing into the restaurant space seeing a more upbeat outlook for 2014.

The resulting availability of “cheap money,” as well as whether and how restaurant companies might take advantage of it, was an ongoing theme at the 24th annual Restaurant Finance & Development Conference, which wrapped up Wednesday at the Wynn Las Vegas.

Lenders interested in working with restaurants were few and far between just a few years ago, but their number has increased dramatically — now including a variety of sources, from regional banks to subsidiaries of foreign banks and institutional investors. [...] read more