David Bodamer speaks with Lou Conforti, CEO of Washington Prime Group, in the latest episode of the Common Area podcast.
A successful sponsor will need to have the ability to adapt to an ever-changing real estate landscape.
Rescue capital could make a dent in the amount of distressed real estate deals in the market.
So far, insurers have been balking at paying business interruption plans for pandemic shutdowns, but that is likely to change.
Labor costs in the sector are increasing as operators confront labor shortages and higher risk to staff.
Many are having difficulty completing their programs’ internship requirements, and onboarding for first jobs is challenging via Zoom.
Co-tenancy clauses wrecked havoc on retail landlords during the last recession. This time, landlords are trying new negotiating tactics.
The properties hitting the market today tend to be smaller. Investors are holding onto stabilized assets if they can and distressed deals haven't hit the market yet.
As some office projects push ahead, architects are incorporating new features to allow for more flexibility.
“We are tremendously concerned what happens if those systems are not renewed,” says one insider about expanded unemployment benefits.