Mike Sladich talks trends in the retail market with GlobeSt. in advance of ICSC Las Vegas

Originally published in GlobeSt.

LAS VEGAS (May 13, 2024) — In a recent discussion on emerging trends in retail commercial real estate in preparation for the upcoming ICSC Las Vegas conference, Mike Sladich, regional managing director at Northmarq, shed light on the retail landscape. Contrary to expectations, he says that distress opportunities in the market have not materialized as anticipated.

Despite raised funds and anticipation of a downturn akin to the global financial crisis, the retail sector paints a different picture. He notes that rents are on the rise, vacancy rates remain low and lenders exhibit flexibility in refinancing agreements.

Read the full story at GlobeSt.com.

The story was written by Natalie Dolce and appeared on GlobeSt.com on April 23, 2024. © 2024 ALM Global Properties, LLC. All rights reserved.

About Northmarq 
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.

Share

Newsroom

Related news articles

Explore the Newsroom
NM Web Icon News Black

Stay on top of industry research

Subscribe