5 Reasons Why Lenders Are Looking to Retail
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Uptick in Competition: Due to the liquidity of the debt capital markets and the pursuit of higher yields, all lender groups including life companies, CMBS, banks, pension funds and debt funds are actively looking to place capital on retail product on a national basis at loan-to-value ratios of 65-85 percent. Grocery-anchored assets in primary markets continue to attract the most … Read More
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Categories: Americas Retail, Retail Transactions and tagged debt, equity, Jimmy Board, JLL, Lending, retail, yeilds.
By: Guy Ponticello, Managing Director of Capital Markets, JLL
Miami’s retail market is prime stomping ground for retail landlords, with the third lowest vacancy rate in the United States for the last quarter of 2014, on par with New York City. The market experienced strong rent growth quarter-over-quarter and 10.6 percent growth year-over-year, and the slowdown is nowhere… 
During the recent recession, many owners and investors of retail real estate scrambled to fill vacancies, and short-term leases dominated the shopping center landscape. Fast forward five years: retail net absorption and rental rates are trending upward and those same owners have reclaimed their seat at the table… 
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To service occupiers and investors’ increasing needs for real estate expertise in the Southeast, JLL today announced the expansion of its platform in Alabama with the addition of Shannon Tyndall and Allen Garstecki. Tyndall and Garstecki join JLL as Vice Presidents, and bring more than 20 years of combined experience… 