Is Retail Really 'F*cked'? 28 Global CRE Leaders Speak Out
June 23, 2017

Is Retail Really 'F*cked'?
28 Global CRE Leaders Speak Out

The refrain of doomsday headlines is endless: “Retail Is Dead,” “Inside The Retail Apocalypse,” “Is Retail Coming Back From The Dead?” “The Retail Bloodbath Continues” and our favorite, “Retail Is F*cked.” To be sure, brick-and-mortar retail is in the throes of a seismic shift fueled by the rise of e-commerce and the changing needs of modern shoppers who demand a fresh experience — and need a very good reason to power down their computers.

There have been winners and losers during the sea change, as evidenced by the 300-plus retail bankruptcies filed this year. The Limited's stores are gone. Payless is closing hundreds of locations. HhGregg is gone. RadioShack may take its final breath this year. But is retail dead? Dying? Doomed? It depends on how you look at it. We spoke to 28 commercial real estate leaders across North America to ask them a simple question: Is retail really f*cked? 

Click here to read their answers.

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Healthcare Is Becoming The New Retail

Retailers' loss is turning out to be healthcare's gain.

Amid store closures and the shuttering of some big-box retailers, medical and healthcare-related offices are seeing new opportunities.

"Healthcare is definitely the new retail," CBRE Senior Vice President Bryan Lewitt said at Bisnow's Big West Coast Healthcare event on June 15. "The retail people at our company tell us about 25% of retail will go away." As some stores…

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Oregon Senate Passes Work Schedule Predictability Bill

A bill passed by the Oregon Senate Thursday (SB 828) would mandate work schedule predictability for certain food service, retail and hospitality workers statewide. If passed by the House, the state would be the first in the nation to pass such…

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Pennsylvania Investor Buys Portland's Real Asset Portfolio Management

Pennsylvania-based Hamilton Lane acquired Real Asset Portfolio Management for an unspecified price, but the buyer presumably used part of the $203M the company raised in its initial public offering this spring, the Portland Business Journal reports. RAPM invests in physical…

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Rate Hikes Did Not Impact Net Lease Activity In Q1: Here Are 3 Things To Note

Although the market is strong, net lease asset investors are cautious about the effect of rising interest rates on cap rate volatility.

The Federal Reserve raised short-term interest rates for the fourth time in six months in June, boosting its benchmark rate to between 1% and 1.25%. That movement could impact deal volume and asset valuations, though the 10-year Treasury remains at historic lows.

“We're still in a low interest and cap rate environment [and] pricing is still near historic lows," Boulder Group Vice President John Feeney said. “A lot of sellers are taking advantage.”

Click here to read the full story.

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Chinese Firms Facing State Scrutiny Own $25B of U.S. And European Real Estate

China's regulatory crackdown on some of its biggest investment companies is continuing, and the government is now looking into four firms with huge real estate holdings in the U.S. and Europe. 

Reports emerged this week that China's state regulators have asked the country's banks to provide details on loans to Dalian Wanda, Fosun, HNA and Anbang. According to reports, they want to find out how much debt these companies have used to fund massive acquisition sprees, and see if they are overleveraged and pose a threat to the financial system. 

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Jerome Fink
The Bascom Group
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