After standing at loggerheads over pricing in the beginning of this 12 months, patrons and sellers of business actual property belongings are returning to market – however, in accordance with Northmarq’s VP Katie Elliott, “it’s taking quite a bit longer.”
We caught up with Elliott and SVP Daniel Herrold at Northmarq’s first ICSC Las Vegas look following the agency’s acquisition of Stan Johnson Firm late final 12 months to speak concerning the present retail funding gross sales market.
Additionally they talk about:
- How sellers ought to floor their expectations because the debt markets proceed to fluctuate;
- Why a flight to high quality will proceed to characterize the present retail funding market; and
- What traders ought to take note of within the capital construction to make sure closing.
