- Attendance was up this year - especially amongst service providers (contractors, architects and attorneys).
- Show was active and upbeat.
- REITS are very active and looking for product.
- Developers are more active & starting to fill up pipeline. That said there is still a lack of product on the market.
- Tenant's are very selective - we are still seeing excess stores & downsizing (there was also a lack of tenant reps at the show).
- Issues remain with loan maturities and banks "pretend & extend" approach.
- Cap rate compression - investors would sell, but not buy; investors looking for opportunistic/value add plays.
- Institutional players are recalibrating their portfolios.
- Still a lot of uncertainty (people are conservative-risk adverse) due to the economy.
- There is a bifurcation between credit and non credit deals due to lack of non recourse financing for non credit deals.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Jonathan Hipp
Jonathan Hipp began his career in real estate over 25 years ago. In his early years as a broker, he ventured into the net lease industry and quickly began leading the US net lease market, closing over $3 billion in transactions. In 2005, Jon founded Calkain Companies, a company focused solely on net lease investment services. As President and CEO, he has been instrumental in building the firm into one of the leading Net Lease real estate companies, transacting over $12 billion of net lease deal volume over the past 13 years. He has expanded Calkain’s services to include brokerage, advisory, asset management, capital markets, and industry research. He has become a well-known resource, panelist, and speaker at various Net Lease and Industry conferences and is a regular contributor to GlobeSt.com on real estate trends. In June 2015, Jon’s passion for the real estate business was again recognized as he was nominated for the Top Real Estate Player in the DC area by SmartCEO magazine.
