by admin | Apr 20, 2015 | Anns Articles, News
Shopping malls have taken a beating over the past few years with major retailers such as Sears and Macy’s pulling out of prime anchor spots. While the average vacancy rate at the nation’s malls was 92.7 percent in 2014, 25 of the nation’s nearly 1,000 shopping malls...
by admin | Mar 21, 2014 | News
Buy-side resistance is causing commercial MBS lenders to dial back their originations of retail mortgages. Loans on shopping centers and malls have accounted for just 22% of the total collateral of U.S. securitizations so far this quarter, down from 29-33% over...
by admin | Feb 7, 2014 | Ann's Articles, News
Nearly everyone has played the game of musical chairs at some point in their lives. When the music stopped, the unfortunate participant who ended up without a chair at the end of a round had to sit out the rest of that game and wait for the next one to get...
by admin | Feb 3, 2014 | News
Deal of the Month – January103,047 Square Foot Anchored Retail Center in Washington Collateral • Approximately $21 million • Anchored retail center in Washington • 2006 origination • 11/2016 loan maturity • $24.8 million value at time of...
by admin | Jan 22, 2014 | 1st Service Solutions News, News
With an estimated $1.4 trillion in commercial mortgages due to mature between 2014 and 2017, lenders and investors may be in for a flood of refinancing that could present new challenges for the market, according to a December 2013 year-end Trepp report. ...
by admin | Jan 22, 2014 | 1st Service Solutions News, News
Get ready for the next era in retail—one that will be characterized by far fewer shops and smaller stores. On Tuesday, Sears said that it will shutter its flagship store in downtown Chicago in April. It’s the latest of about 300 store closures in the U.S....
