Aug 03, 2019 - 0 Comments - Retail Properties -

Video: Real Capital Analytics SVP Jim Costello Provides an Investor’s View of the Retail Property Sector

Jim Costello, Senior Vice President at Real Capital Analytics, joins America’s Commercial Real Estate Show Host Michael Bull to talk about retail properties, touching on investor sentiment, cap rate trends, tenant performance, and investment strategies. They first note there have been lots of changes, with some great properties performing well while there is noted stress in others. Costello states that he believes people are painting the retail property sector with too broad of a brush, causing them to pass up on great opportunities. He notes that cap rates have been generally flat, although single tenant NNN properties have been more volatile in line with moves in bond rates, given that these almost trade as a bond alternative.