Part One of a Three-Part Series
The current popularity of real estate as an investment class has fostered a favorable environment for the sale of shopping centers, among other properties.
The current popularity of real estate as an investment class has fostered a favorable environment for the sale of shopping centers, among other properties. With demand seeming to outstrip supply and competition fierce among institutional purchasers, many shopping centers are now sold before the retail spaces therein are fully leased and income producing. Because institutional purchasers typically require a minimum level of return on their investment dollar, they typically will not accept full responsibility for the completion of project leasing. Accordingly, in such early sale transactions, sellers frequently retain some measure of post-closing leasing risk.
Part One of a Three-Part Series
The current popularity of real estate as an investment class has fostered a favorable environment for the sale of shopping centers, among other properties.
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