Will Retail Come Back in 2010?
14 November 2009 - 7:00am
Experts believe that financing for retail projects may begin flowing early next year, but are concerned that the pool of recipients may be limited, and projects may be conventional.
From Retail Traffic:
""So most of our lending in the retail space will be concentrated with institutional clients with more of a corporate finance orientation," says Daniel Walsh, executive vice president and managing director at KeyBank Real Estate Capital Markets. "I think 2010 is going to be very difficult, although I think capital is poised to loosen up to take advantage of distress in the market.""
Source:
Retail Traffic Magazine, November 10, 2009
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Small business retail
Let's promote small business retail over the chain stores. This is a time of real opportunity for small entrepreneurs to start up. However, they need the support of residents in their community to flourish.
BALLE and Agenda for a New Economy by David Korten discuss these opportunities.