Home Retail
retail
Goldman Sachs’ newly originated loan on the retail component of 680 Madison Avenue in New York demonstrates the changing opportunity set for the sector.
The financings come at a time when few lenders have been funding construction loans.
Hines and Urban Street Development will use the financing for the first phase of a multifamily, office and retail project.
Cushman & Wakefield is marketing Hawthorne Mall as a potential large-scale redevelopment play with the potential for seller financing.
As the retail apocalypse ends, the office Armageddon begins, says Toby Cobb, co-founder of the national real estate investment trust.
The firm is launching the deal at a time when segments of the retail sector are showing signs of resilience.
June saw Calvert Impact and PACE Equity launch Cut Carbon Notes, a finance program that is open to both institutional and retail investors.
Washington, DC, shopping mall will be redeveloped into mixed-use asset with 320 apartment units.
The Starwood-owned portfolio’s appraisal value has risen 35%% since December 2021.
Subdued levels of new retail supply over the past decade means lenders have one eye on the sector – and one eye on a potential recession.