Wednesday, June 1, 2011

2011 ICSC Observations - Part Two

To follow up on last weeks post, here is some more feedback from the 2011 ICSC conference:

  • Everyone from individual investors to large capital groups were hinting at looking at some second tier credit assets that they previously would not have reviewed. There were lots of comments on lack of prime asset inventory and plenty of capital and competition for it.

  • There seemed to be a higher number of professionals with a long tenure in the business vs. the looks good “leasing eye candy” and a shiny outside. Substance was key and it felt as though the firms sent their best and brightest. Everyone was there to work.

  • There were some fantastic conversations with accompanying call backs and leads.

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