Shifting Retail Development Alters Banks Assessment of Risk

Shifting Retail Development Alters Banks Assessment of Risk

“Fifteen years ago, big-box retail stores were king, anchoring shopping centers and providing a draw for other businesses in the area. But that ability to draw people continues to wane dramatically, putting bankers and developers back to the drawing board.”
A look at how shifts in retailing and consumer preferences have affected how financing entities view risk and what makes a retail project successful, citing LANE4’s Red Bridge Shopping Center in South KC as an example.