Retail

Another sector affected by the Financial Crisis was Retail. The higher unemployment, low consumer confidence, negative wealth-effect of households, etc. affected the Retail Sector performance, increasing CAP Rates obtainables in the market during the financial crisis period. This also generated opportunities to acquire Class "A" locations at attractive prices, for long term hold. As the economy recovers, CAP rates trend to compress, allowing for long-term capital gains.

New Orleans, LA

*Change Pending*

Entity
838 Royal Street, LLC
Address
838 Royal St
Role
Arranger
Type
Retail
Acquistion Date
12/12/2012
Acquistion Price
$ 640.000,00
Total Units
1
Stories
1
Total Sqf.
1.650
Avg. Price per Unit
$ 387,88
Avg. Price per Sqf.
$ 640.000,00