November 2, 2020

There is an increasingly popular trend this year in which retail spaces are being converted into fulfillment-only centers. Amazon got the ball rolling in August with rumors that some of Simon Property Group’s big-box mall spaces may become Amazon fulfillment centers. Variations of this online fulfillment need are showing up in “dark stores,” in which More

There has been a major expansion push recently with regards to cookie shops. The national yearning for the comforting, feel-good sensation that fresh baked cookies represent is spurring demand for these retailers. Customers are drawn to impulse treat purchases that will sweeten their moods in these increasingly stressful pandemic-era times. Cookie brands tend to seek More

Condominium borrowers will see available capital from banks, debt funds, bridge and private money lenders.  Watch for condo lending to be more location and borrower specific than in the past.  Lenders will be extremely conservative and require additional borrower equity.  Borrowers will see 5% to 10% lower leverage and an increased focus on pre-sales.  Lenders More

Bridge lending is picking back up and should become even more abundant going into 2021.  Look for many bridge lenders who had been on the sidelines to return to the space, although seeking less risky deals with more conservative terms.  Plenty of opportunities await active bridge lenders, especially on higher quality properties in favorable locations More