Tag Archives: Poll Tweet In this arid economic climate, with so many national and regional retailers closing and those remaining open struggling to stay afloat, it’s refreshing to look at those who are having good luck. In particular, specialty and small-format grocers are having success and projecting a positive outlook. Clientele for these stores seem to appreciate the...  Reuters states that, “commercial property typically lags the economy by about 18 months to two years.” Dave Cheatham with DMD Retail, a buyer of distressed retail property says, “The banks are writing down commercial loans at a rate that matches their quarterly earnings, which may cushion the blow, but prolong the pain for the banking industry and their ability to lend.” Bank lending is a critical component of real economic recovery. Based on the amount of loans that are in default, it appears the banking industry will need at least 2 more years of earnings to clean up their balance sheets and get back to meaningful lending levels. |
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