Bankrupt Car Wash Exposes Flaws in Private Credit Valuations
One fund marked it at 93 cents on the dollar. Another had it at 94 cents. A couple more kept it as high as 95 cents.Most Read ...
EL CAR WASH ACQUIRES 9 NEW CAR WASH LOCATIONS IN FLORIDA
El Car Wash, Florida's largest and fastest-growing car wash operator—and soon to be Michigan's leading operator—continues its ...
Car wash company invests $50 million on 9 Florida locations
El Car Wash invested $50 million to acquire nine Florida locations. The company now operates 63 car wash locations in Florida ...
Getty Realty outlines $85M investment pipeline for 2025 with focus on sale-leasebacks
Getty revised its 2025 AFFO per share guidance to $2.38-$2.41, reflecting adjustments for the Zips Car Wash bankruptcy and related asset assumptions. Management expects to recapture a significant ...
Huge national car wash chain files Chapter 11 bankruptcy
A more specialized retail sector, car wash chains, had some bankruptcy filings recently, but Chapter 11 filings for such ...
Essential Properties projects $1.85-$1.89 AFFO per share for 2025 with $900M-$1.1B investment guidance
Discover Essential Properties Realty Trust's Q4 2024 results with 7% AFFO growth, robust investments, and strong tenant relationships.
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FSRA imposes administrative penalty and compliance order against Ulrich Fabrice Avognon
Ontario's financial services regulator, FSRA, has imposed an administrative penalty of $100,000 and a compliance order on Ulrich Fabrice ...
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Hankook Tire Gauge Index: Younger Drivers Budget More for Preventive Vehicle Maintenance and Personalization
Younger drivers are leading the charge when it comes to planning for vehicle maintenance, according to the Hankook Tire Gauge Index from leading global tiremaker Hankook Tire. The latest edition of ...