Viewpoint
The Difficulty of Reviving Zombie Malls
In revitalizing a deteriorating mall, asset owners and developers may face an uphill battle to make the property profitable again. But those with an understanding of community and economic needs can be successful, notes CenterSquare Investment Management Portfolio Manager Eric Rothman.
Elevated Equity REIT Bank Borrowing Bears Close Watch
While not a new phenomenon, U.S. equity REITs’ exposure could constrain corporate credit quality in some cases if bank borrowing continues at this elevated level, warns Fitch Ratings Head of U.S. REITs Steven Marks.
Shorter-Term Net Leases Gain Favor
As today’s buyers search for yield, properties with shorter lease terms have become sought-after investments for a certain sophisticated investor pool, notes Andrew Watson, managing director & leader of Transwestern’s National Net Lease and Sale-Leaseback Group.
Mid-Year Trends in CRE Financing
Dekel Capital Managing Principal Shlomi Ronen discusses how lenders are keeping the balance between borrower demand and new regulations and other mid-year trends in real estate financing.
Experiential Retailing Is Transforming the Use of CRE
Realizing the value in offering customers experiences, retailers are capturing sales through experiential retailing and e-commerce, using data as a means to select the most relevant locations for shopping and distribution facilities, says Christopher Pappas, director at Fitch Ratings.
The Flattening Yield Curve
Industry participants can expect further softness in land values and increased difficulty in obtaining construction loans, as short-term interest rate increases are expected to continue, argues Avison Young Principal Jay Maddox.
The Value of Real Estate Brokers
Recent consolidation in the brokerage community has increased concern among owners and buyers about using a brokerage firm that represents both the buyer and seller in the transaction. But Buchalter Shareholder Manuel Fishman argues why using an integrated brokerage firm can be valuable.
Net Lease Market Shifts to Neutral
After years of the net lease market being perceived as more favorable to sellers than buyers, the widening cap rate spread combined with a change in investor sentiment has shifted the market, notes The Boulder Group President Randy Blankstein.
5 Capital Markets Trends to Watch
CBRE Vice President Brandon Smith discusses recent hot topics in the capital markets, including why bond yields significantly increased last week and if a sustained rise is on the horizon.
Breathing New Life into Old Buildings
Many shopping centers are being renovated into new spaces with new uses as a result of changing retail trends and the growth of online shopping. A creative vision and unique zoning approach are needed to be successful, notes Withey Morris PLC Owner Adam Baugh.