investment
Repost from SupermarketNews.com
Perhaps an IPO is the best capital raising solution for The Fresh Market to refinance its $800M of outstanding bonds which have a 9.75% interest rate and mature in May 2023. Will investors buy the stock where the sales have spiked from Covid related consumer demand? Time will tell.
Here is what I use to see the future
How can you see the future? Unfortunately, there is no crystal ball, but the next best thing is the prediction markets that harvest the wisdom of the crowds to come up with the best guess for the future. Predictions based on betting, date back to 1503 when bets were placed to predict the next Pope.
What do you use? Please post it to the comments. #future #investing #retail #markets
Major open-air retail REIT stocks had a major rally over the last 30 days and they have now recovered more than half of their losses. Clearly, investors see green shoots, but there is still a long way to go. As a group the REITs are trading at a huge discount to their NAV, net asset value. REITs own about 20% of major metro retail assets. Is the market telling us that the nimble entrepreneur shopping center owners will beat out the big corporate players? I'm rooting for the little guy!
Who turned out the lights? Retail investment sales crashed in 2020 nearly matching the catastrophic year of 2009. It hardly ever gets worse than that. Florida is a bellwether state in the US and we watch it like a hawk. Just multiply what's happening in Florida by 15 and that’s happening in the entire US. We’ve posted the details on all the retail property sales over $15M that occurred in the major metropolitan areas of Florida over the last three years on our blog.
Our reports include: prices, cap rates, buyers, sellers, brokers, NOI and even the vacancy at the time of sale. The more everyone knows about what's really happening the better off our marketplace will be. Onward!
