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CBRE's Philip Voorhees chats <b>EXCLUSIVELY</b> with GlobeSt.com about the 10-Year Treasury in the current market, where it is headed, and his 2018 predictions.
A judgment has been reached on a shopping center acquisition from dating back to the financial crisis where a developer knowingly withheld vital information to push the sale forward.
“The strong reaction from lenders demonstrates that the market is still hungry for great retail deals and that aggressive CMBS debt terms are still available if the sponsor and tenancies are strong.”
Through careful curation, the concept can certainly endure, with the key to success being in the developer's ability to tailor the experience to the local community and provide inspiring food, design and architecture.