Retail In Some Ways Is Back, In Other Ways It Isn’t
Retail deals are happening in a number of regions. Restaurants might be getting extensive up-front free rent from the landlords to get them through the pandemic months, and in turn landlords may be going to their lenders to try to get loan restructures commensurate with these concessions. I’ve seen national retail reports stating both that there are glimmers of retail recovery, as well as headlines such as was in Bisnow today “{Previously Left For Dead, Rural Retail Is Showing Its Resilience” and on the same day, same source “Former Simon Property Group Malls See Valuations Slashed Up To 88%”…