Retail is seeing a renascence

by Sara Havlena

November 25, 2024
12:43 pm

Retail will continue to be a preferred product type going forward. Underwriting standards will loosen with declining interest rates. There has been so little development in retail, which has allowed the sector to maintain high occupancy. Look for a push toward new development next year. The location will not be as important going forward; as long as it’s a strong center with favorable tenants, borrowers will see available capital. Demand drivers will be key going forward. CMBS lenders are back versus a few years ago leading to more capital and competition in the space.

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Sara Havlena

Havlena is the editor-in-chief of Crittenden Real Estate magazine and The Crittenden Report: Real Estate Financing, Retail Tenants Report and the Multifamily Report and their respective websites. She has been an editor with Crittenden since 2007 and worked on a variety of real estate publications during her time at the company covering a wide range of topics from restaurant expansion to real estate developers. She has been the lead reporter and editor of Crittenden’s flagship publication, The Crittenden Report, since 2011. She has a degree in Print Journalism from Cal State Fullerton, and resides in Orange County, Calif.

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Retail is seeing a renascence

Sara Havlena

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