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In-N-OutAsset sale

Santa Rosa company buys site of crime-plagued Oakland In-N-Out Burger.

What happened

In-N-Out Burger sold assets to Chandi Hospitality Group in the amount of $1.8M on Mar 20th '26.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Santa Rosa company buys site of crime-plagued Oakland In-N-Out Burger. Reportedly closed because of crime, new owner is restaurant company known for 'rehabbing beat-up restaurants' PUBLISHED: March 24, 2026 at 5:00 AM PDT UPDATED: March 25, 2026 at 3:20 PM PDT OAKLAND - A Santa Rosa company that owns several dining establishments bought the site of an In-N-Out Burger restaurant in East Oakland that closed its doors two years ago over high-crime concerns by executives. Chandi Hospitality, acting through its real estate unit, bought the former In-N-Out Burger property from the fast-food chain for $1.8 million, according to documents filed on March 20 with the Alameda County Recorder's Office. The 1-acre site occupies a prominent spot near the interchange of Interstate 880 and Hegenberger Road, Alameda County property files show. At the time of the store closure in 2024, In-N-Out Chief Operating Officer Denny Warnick said, "Despite repeated steps to create safer conditions, our customers and associates are regularly victimized by car break-ins, property damage, theft, and armed robberies." The shutdown occurred despite the location's robust performance, In-N-Out stated. "This location remains a busy and profitable one for the company," Warnick said. But, he said, In-N-Out couldn't ask employees or customers to visit an "unsafe location." Chandi Hospitality's endeavors...

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Extracted by Autobound

From the Signal API record
Event
Asset sale

What this signalsSelling part of the business often leads to a new focus and new budgets.

Amount named
$1.8M
Takes effect
Mar 20, 2026
Amount as written
$1.8 million

More asset sale signals at other companies

The full record

From the Signal API record

Numbers

Amount named in the story
$1.8M

Details

Category
Sells assets to

Extraction

Confidence
58%
Detected
Mar 24, 2026
signal_type
news
signal_subtype
sells_assets_to

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/69014c8a-6bd2-4981-a77f-c395d37d40ab returns this record as JSON. POST /v1/companies/enrich returns every signal for in-n-out.com.

{
  "signal_id": "69014c8a-6bd2-4981-a77f-c395d37d40ab",
  "signal_type": "news",
  "signal_subtype": "sells_assets_to",
  "detected_at": "2026-03-24T12:00:47+00:00",
  "company": {
    "name": "In-N-Out",
    "domain": "in-n-out.com"
  },
  "data": {
    "url": "https://www.pressdemocrat.com/2026/03/24/oakland-in-n-out-burger-property-economy-crime-store-restaurant-jobs",
    "title": "Santa Rosa company buys site of crime-plagued Oakland In-N-Out Burger.",
    "amount": "$1.8 million",
    "excerpt": "Santa Rosa company buys site of crime-plagued Oakland In-N-Out Burger.\n\nReportedly closed because of crime, new owner is restaurant company known for 'rehabbing beat-up restaurants'\n\nPUBLISHED: March 24, 2026 at 5:00 AM PDT UPDATED: March 25, 2026 at 3:20 PM PDT\n\nOAKLAND - A Santa Rosa company that owns several dining establishments bought the site of an In-N-Out Burger restaurant in East Oakland that closed its doors two years ago over high-crime concerns by executives.\n\nChandi Hospitality, acting through its real estate unit, bought the former In-N-Out Burger property from the fast-food chain for $1.8 million, according to documents filed on March 20 with the Alameda County Recorder's Office.\n\nThe 1-acre site occupies a prominent spot near the interchange of Interstate 880 and Hegenberger Road, Alameda County property files show.\n\nAt the time of the store closure in 2024, In-N-Out Chief Operating Officer Denny Warnick said, \"Despite repeated steps to create safer conditions, our customers and associates are regularly victimized by car break-ins, property damage, theft, and armed robberies.\"\n\nThe shutdown occurred despite the location's robust performance, In-N-Out stated.\n\n\"This location remains a busy and profitable one for the company,\" Warnick said.\n\nBut, he said, In-N-Out couldn't ask employees or customers to visit an \"unsafe location.\"\n\nChandi Hospitality's endeavors...",
    "summary": "In-N-Out Burger sold assets to Chandi Hospitality Group in the amount of $1.8M on Mar 20th '26.",
    "category": "sells_assets_to",
    "found_at": "2026-03-24T12:00:47Z",
    "planning": false,
    "image_url": "https://www.pressdemocrat.com/wp-content/uploads/2026/03/EBT-L-INNOUTCLOSE-0123-4.jpg?w=1024&h=660",
    "confidence": 0.58,
    "published_at": "2026-03-24T12:00:47Z",
    "effective_date": "2026-03-20",
    "article_sentence": "Chandi Hospitality, acting through its real estate unit, bought the former In-N-Out Burger property from the fast-food chain for $1.8 million, according to documents filed on March 20 with the Alameda County Recorder's Office.",
    "amount_normalized": 1800000
  }
}

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