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Are Retail Investors Sensing a Shift, a Cooling Period Approaching?

LAS VEGAS—One attendee we EXCLUSIVELY spoke with here at ICSC's big RECon event says that distress players will have to wait on the sidelines for an extra inning or two before some a large supply of opportunistically priced deals begin to churn through the system.

By Natalie Dolce | nataliedolce | Updated on May 23, 2016

Eli Randel, director of business development at CREXi. Eli Randel, director of business development at CREXi.

LAS VEGAS—GlobeSt.com is here in full force at ICSC’s RECon event and chatted with attendee Eli Randel, director of business development at CREXi, on his thoughts on the market. As GlobeSt.com previously reported, Randel heads the new CREXi Miami office for the firm. Randel said that his simple “gut-feeling” view, based on the 900-plus deals the firm is working on throughout the country, is that there will be more of the same in the overall retail and economic environment.

But what is the same? “Many retailers will struggle and a few more will go out of business before the end of the year, however the stronger brands and segments will continue to shine,” Randel explains. “Economic conditions will feel ideal for the top earners while conditions for the rest will feel mostly stagnant.”

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