Home Retail
retail
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.
Robert Lapidus, L&L president and CIO, says the firm is looking past New York for its next deals.
The agency continues to see the rise of e-commerce as a threat to brick-and-mortar retailers.
Torose Capital targets value-added office, retail and mixed-use following firm launch.
The financing will be used to launch development of a transit-oriented project in East Orange.