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Alpine Income Property Trust Acquires Three-Property Portfolio for $2.8 Million
Globenewswire· 2025-10-07 20:05
Core Insights - Alpine Income Property Trust, Inc. has acquired a three-property portfolio for $2.8 million, with a weighted average going-in cash yield of 8.5% [1][2] Property Details - The acquired portfolio consists of properties located in Illinois, Virginia, and Louisiana, totaling 8,890 square feet [2] - Two properties are net leased to Hardee's, a national quick-service restaurant chain, while the third is net leased to Jiffy Lube, a leading automotive services franchise [2] Company Overview - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust (REIT) focused on delivering attractive risk-adjusted returns and dependable cash dividends [3] - The company invests in, owns, and operates a diversified portfolio of single-tenant net leased commercial income properties, primarily leased to high-quality publicly traded and credit-rated tenants [3]
KFC USA names Melissa Cash as chief marketing officer
Yahoo Finance· 2025-09-15 19:25
Core Insights - KFC USA has appointed Melissa Cash as the new chief marketing officer, effective September 16, 2025, as part of a series of executive changes within the company [1][2] - Cash brings over 20 years of brand experience from various sectors, including quick-service restaurants and consumer goods, and previously served as senior vice president and chief brand officer at Wingstop [2] - The company aims to enhance its brand relevance and growth in the U.S. market through bold marketing strategies under Cash's leadership [2][3] Executive Changes - Alongside Cash, KFC USA has appointed Francis "Rico" Arrastia as chief digital and technology officer, effective September 9, 2025, and Tiffany Furman as chief growth officer, who joined in July 2025 [1][4][5] - Sarah Crow has been appointed as chief legal officer, joining the team in March 2025 [1][6] Responsibilities and Goals - In her role, Cash will oversee various aspects of marketing, including brand strategy, food innovation, integrated marketing, and e-commerce [3] - Arrastia will focus on modernizing KFC's digital and technology strategy to enhance customer experiences and drive loyalty [4][5] - Furman, as chief growth officer, will leverage her previous experience in finance and development to support KFC's growth initiatives [5]