Did you hear any feedback on trending cap rates? Jon, your comment about the market not being flooded with distressed assets may be just a bit off. This could have quite an impact indeed on the overall market.
Look before you leap. It is as follows: In the weeks and months leading up to this years ICSC convention in Las Vegas, everyone I spoke with had uncertainty about the overall turnout and value in attending the conference this year. Well, as I sit in my office fresh off a 72 hour session of networking, deal making, and walking lots and lots of walking , I can emphatically say that once again it was a great event and well worth attending.
While we can all work effectively through the use of emails and phone calls, the opportunity to sit down face to face with clients and discuss existing business and future plans is always time well spent. Attendance: I heard various numbers mentioned from a variety of sources, but I would say that attendance was about even with last year, however activity was up.
It seemed as though most attendees this year had pretty busy schedules and were discussing real activity that will occur over the next 12 months, rather than casually discussing hopes and plans like the version of RECon. Prettiest girl at prom award goes to: Dollar General.
All aspects of the net lease world were feverishly talking about Dollar General and their aggressive expansion to include new stores a year. REITs and private funds alike are looking to this retailer to fill their need to place capital.
Biggest Question: What do I do with all this money? That was basically the continuing theme from the institutional groups. Future blog posts will appear on blogspot at the link below. Follow Us On…. Blog: Cool Construction Blog Topics:. Join my network. Cool Websites 30Careers. Speak Your Peace Blog. Create a free website or blog at WordPress. Loading Comments Email Required Name Required Website.
Post was not sent - check your email addresses! Sorry, your blog cannot share posts by email. Cool Construction Blog. Secretary of Labor Robert Reich gave an excellent presentation on the state of the economy and the future. His interesting narrative on globalization and demographics shed further light on the slow recovery. All 6 panelists spoke at length on what they've done to retrofit existing building to LEED standards and how it has paid off.
Notable was that white roofing didn't enter the conversation until the very end and only because we brought it up! We mingled with fellow Duro-Last alum including west coast operations vice president Tim Hart and national sales manager John Deal who worked tirelessly at the Duro-Last booth in the central hall.
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