That sounds like the commercial real estate version of cancer to me, but I’m no expert in that field. I can see you’re right, though. It’s up there with motel art and off-white walls.
McDonald’s specifically is famously a real estate company that happens to serve burgers on the side. The corporation owns all of the land that its franchises are sitting on, so they can park a restaurant on it and sell it for a profit after the land appreciates in value.
That sounds like the commercial real estate version of cancer to me, but I’m no expert in that field. I can see you’re right, though. It’s up there with motel art and off-white walls.
McDonald’s specifically is famously a real estate company that happens to serve burgers on the side. The corporation owns all of the land that its franchises are sitting on, so they can park a restaurant on it and sell it for a profit after the land appreciates in value.
https://www.youtube.com/watch?v=kJVj3vp-lho