NEW YORK CITY—Though they acknowledged the fact that we're “late in the cycle,” a trio of retail real estate executives expressed optimism for the holiday season and for 2017.
The three professionals spoke during a panel discussion at the International Council of Shopping Centers' New York National Deal Making conference earlier this week, where they provided rationales for their collectively bullish stance.
“It's late in the cycle but you could be at the bottom of the eighth and hit a triple,” asserted Richard Wagman, managing partner, Madison Capital. “We believe we'll see strength in the second half of the year and we're hoping this month is strong.”
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
