Why One CMBS Investor Still Sees Value in Regional Malls
Mention regional malls these days and images of shuttered stores pervade the public imagination. For retail real estate investors, some of that is grounded in truth. Since the beginning of 2017, more than 10 retail chains have filed for bankruptcy and about 40 have announced store closings, according to “U.S. CMBS Retail Exposure Bears Scrutiny,” a recent analysis from Fitch Ratings.
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