Malls, Outlets Are Risky Business For Lenders

Report: Regional Malls, Outlets The Highest Retail Risk Class For Lenders
A report by Integral Realty Resources shows lenders are finding regional malls and outlet centers riskier compared to other retail shopping centers. The report puts outlet centers at the highest average interest rate spread across all LTVs, with grocery-anchored centers at the lowest on all deals except ones between 76% and 85% LTV. (People have to eat, after all.) The difference between grocery and outlet centers maxed out at 91 bps in deals between 61% and 75% LTV.
Report: Regional Malls, Outlets The Highest Retail Risk Class For Lenders
Report: Regional Malls, Outlets The Highest Retail Risk Class For Lenders

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