Home Real Estate VIDEO: Retail Dealmakers See Obstacles Continuing into ’24
Real Estate

VIDEO: Retail Dealmakers See Obstacles Continuing into ’24

“It’s taking a lot longer to do deals than ever in the past,” retail leasing attorney Barry Edwards of Greenberg Glusker told Connect CRE. At the recent Connect Retail West 2023 conference in Lons Angeles, retail experts were asked to identify what kinds of barriers they’ve seen in closing deals this year and whether they expect these obstacles to remain in 2024. 

The obstacles they cited ranged from macroeconomic conditions to delays in getting governmental approvals. In the video below, you’ll hear further insights from Edwards as well as James Chung, founder and principal, The Econic Company, who said the current obstacles are likely to persist into the near future. 

Nonetheless, retail leasing continues going strong, as you’ll hear from Edwards, Chung and CREXi’s Andrew Hotchkiss in this companion video, also filmed at Connect Retail West. 

Source link

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Real Estate

Memphis Dermon Building Converting to 150-Room Hotel

The Dermon Building in Memphis was built 99 years ago, designed as...

Real Estate

Developer Duo Secures $120M Refi for Charleston Harbor Rental Community

Woodfield Investments and Argosy Real Estate Partners have secured $120 million to...

Real Estate

Bonita Springs Site for 252-Unit Apartment Community

Madison Communities and Heitman have closed a $44 million construction loan for...

Real Estate

$21.5M Loan for Tacoma Apartments Secured by Berkadia

Berkadia has secured financing for the acquisition of The Duo Apartments, a...