Sentiment in Retail Property Financing Shifts Significantly

Retail properties are re-gaining momentum among mortgage bankers and lenders even as lender sentiment shifted significantly during the pandemic. After witnessing the performance of various retail property types throughout the pandemic, lenders are feeling more comfortable with the asset class. However, most are only interested in retail sectors that remained stable compared to those that did not fare well like shopping malls. According to real estate data provider Real Capital Analytics, retail investment deal volume rose to $76.9 billion in 2021, an 88% jump compared to 2020. Retail property owners are now benefiting from multiple sources of debt financing as many banks and investment firms increase their allocations for CMBS issuance deals.

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