Tweet I just read a post on the CRE blog Net Lease Nation talking about the upcoming holiday season. Apparently, Fitch Ratings is bullish on the retail sector: “Many companies across Fitch’s U.S. retail coverage have been managing inventory positions well. Gross margins have rebounded for those companies in the discretionary categories that were hit [...]
Tweet Lately I have been receiving a high volume of calls from appraisers. Appraiser calls are nothing new. Normally, I receive a handful a month calling to ask questions about properties I have sold or asking for my opinion on a particular property they are trying to value. Now, I am receiving several appraisal calls [...]
Tweet I had to share this. I have been talking to a shopping center owner about selling his strip center in SoCal. I just got the rent roll and operating statement. On the rent roll is an additional 25% of GLA (gross leasable area) that is not even built yet! Better yet, they believe they [...]