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.""
FULL STORY: Retail Financing Flows to Favored Borrowers and Property Types
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