Retail

Transwestern's outlook for Houston is bullish for most product types: retail and industrial are the strongest while multifamily and office are working through supply issues, GlobeSt.com learns in this <b>EXCLUSIVE</b>.

“Fewer loans are defaulting, and those that defaulted in recent years are being resolved away,” often with losses, says Manus Clancy at Trepp.

Delancey Street Associates closes on loan for constructing a 26-story mixed-use building on the Lower East Side.

Third-party logistics operators and facility owners are benefiting from a rapidly rising rate of product returns as many retailers outsource their reverse-logistics operations to cut costs and gain maximum efficiencies, CBRE reports.

The financing package consists of a $900-million senior construction loan syndication led by J.P. Morgan and a $235-million preferred equity loan from an unnamed hedge fund.

"When you look at potential disruptions, you don't even need to go to the future," TCW's Iman Brivanlou tells GlobeSt.com. "You can look at what's already happened."

The sharing economy has impacted several other industries, but David Sheldon of Retail Design Collaborative ponders how it will change the retail experience.

LBG Real Estate is breathing new life into Richmond's 1.1 million-square-foot shopping mall, which has undergone rebranding to be known as The Shops at Hilltop and will include office, retail and housing.