Shopping Malls are Shutting Down (100% VACANCY)

Shopping malls and retail strip centers are shutting down across America and the vacancy rates are going up.

An increase in online and e-commerce sales coupled with a recession in 2023 has resulted in many of these stores closing. What's worse - the owners of these malls have lots of CMBS debt that is now going into default with the special servicing rate on retail now about 10%.

Watch out for more malls to shutdown and more vacancy later in the year as the shopping mall downturn gets worse.
---
REVENTURE APP: https://www.beta.reventure.app/dashboard

JOIN as a CHANNEL MEMBER ($5/Month): https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join

DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.

Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/

Видео Shopping Malls are Shutting Down (100% VACANCY) канала Reventure Consulting