Real Estate Finance And Urban Retail Development

31 July 2003 - 2:00pm

Despite the prosperity of the 1990s, robust inner city retail development did not follow.

Despite the increase in real estate financing instruments over the past decade, inner city retail development has lagged in all but a select few cities. Indeed, even though new methods of financing have led to more liquid markets with potentially a broader appetite for risk, developers and their financial backers have continued to pursue projects primarily in top-tier cities and suburbs.

Source: The Brookings Institution, July 22, 2003
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