Shopping Centers / Page 9

The coronavirus pandemic has upended the commercial real estate economic outlook for 2020 with mass layoffs, decreases in consumption, and a downturn in economic activity. This unique and unprecedented period has the potential for 18 months of disruption, and many leading financial institutions predict a recession. Although many like to compare today’s economic troubles to […]

In recent years, shopping centers have combatted waned foot traffic and vacancies due to changing consumer shopping habits. Now, shopping centers are being forced to contend with another unwelcomed factor—COVID-19. Although the pandemic has already hit struggling retailers, some shopping centers are doing better than others, especially if they include a grocery store. As we […]

Last week the IRS issued guidance providing tax relief under the CARES Act for taxpayers with net operating losses. COVID Relief for taxpayers claiming NOLs Revenue Procedure 2020-24 (PDF) provides guidance to taxpayers with net operating losses that are carried back under the CARES Act by providing procedures for: waiving the carryback period in the case […]

On March 27th, 2020 President Trump signed into law a historic $2 trillion stimulus package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This stimulus package will help jolt the sudden stop we’ve seen in economic activity in the U.S., reduce the risk of a larger decline in employment, and aid in a post-virus […]

With COVID-19 presenting some new challenges to the evolving retail industry; Shopping centers, restaurants, grocers, and other retailers are taking action to prevent the spread of the outbreak. These actions include temporarily closing, adjusting store hours, offering curbside pick-up, and encouraging online shopping. Many CRE experts have shared their concerns to business flow and progress […]

Events are quickly unfolding surrounding the COVID-19 outbreak, with a growing impact across the globe. As coronavirus pressures mount, firms have curtailed travel, schools have closed, and people are practicing social distancing. As a result, consumer spending has decreased as people stay home, thus causing a ripple effect throughout the economy and commercial real estate. […]

It comes as no surprise that the retail industry is changing, especially with big-name brands, such as Sears, Macy’s and J.C. Penney, declaring bankruptcy, shuttering locations, and announcing closures. Despite this shift, consumer confidence and spending are elevated, and the overall retail property fundamentals remain healthy with continued improvement. As numerous big-box locations that were […]

We’ve all heard the morbid opinions that ‘retail is dying,’ but not as much media coverage has been run for brick-and-mortar retail openings or the food options that are spearheading experiential retail. One market that has demonstrated immunity to retail disruption is Dallas-Fort Worth (DFW). With  429.6 million square feet of retail space, a booming […]

Historically, if an asset was well located, had the right credit tenancy, or was a dominant shopping center, an institution of REIT would be interested in placing large sums of capital. Today, things have changed, and investors must take into consideration: Surrounding demographics and if the shopping center still caters to the needs of the […]