Moon Kil Woong
Moon Kil Woong
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Shopping For A Mall? CBL Beats Them All [View article]
The new malls always crush the old and just by targeting malls with occupancy over 90% makes an enticing area to build a new one. It's getting to be a dangerous game unless the mall area includes rental units or condos which is a new can of worms. Mixed use finally makes sense, especially for malls because at least that way they have some captured customers.
Goldman on Commercial Real Estate [View article]
And they wonder why everyone is so cynical these days. So we know Goldman's view on the real estate market I guess. We only sell what's liquid because what's illiquid will bankrupt us.