DRI, Red Lobster and ARCK

[Kerim]

I'm not really sure what to make of this one. I don't mind ARCP continuing to grow quickly, but it is hard to imagine that hundreds of Red Lobster locations improves the average quality of their portfolio of properties. I mean, I suppose with the sale Red Lobster might be ripe for a rebranding / turnaround / resurgence and hence might be reliable long-term tenants. But generally I don't think of them as having either strong future business potential OR a vast pile of prime real estate.