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Top tier malls throughout the country still have exceptional strength.
"Bankruptcies are starting to pick up because people realize that money is not going to fix the wounds of lost customers."
The good news is that the local employment remains relatively healthy.
There will be significant movement into educated, smaller cities like Nashville, Boulder, and Santa Fe.
An ongoing analysis will suggest which portions of the CMBS sector might be most influenced by office tenants swapping space instead of staying put.
"Inflation returning with a vengeance would require a rate of above 3% for several years."
The duo will target assets that benefit from the evolution of supply chains in light of booming online and e-commerce spending.
Have secondary markets become the new primary markets?
MFCs aren't new, but they are a growing solution for many grocers.
Also, with consolidation SFRs will have a bolstered ability to absorb new flows of institutional capital without hurting return.