Investment firms are sitting on “a staggering amount of dry powder” as they wait for big property discounts brought on by the pandemic. Hoping to take advantage of wreckage in the wake of the coronavirus pandemic, investors are preparing to snap up commercial real estate at rock-bottom prices. Long …
Join Greg Cornfield for a special discussion with Sandy Sigal surrounding the current state of retail in an increasingly volatile climate. Tune in to hear NewMark Merrill's acquisition strategy moving forward, opportunities and growth areas and how we can expect the role of U.S. shopping centers to …
Newmark Merrill owns and manages 85 shopping centers in Calif, Colorado and Illinois. Sandy Sigal, Newmark Merrill CEO, joins ‘Closing Bell’ to discuss the reopening process for the retailers in the shopping center and how they managed rent forgiveness for certain tenants. From cnbc.com. Click here the interview.
Real Estate: Shopping center owner face lower income and rising cost. From the San Fernando Valley Business Journal. Click here for the article
Retail is one of the hardest hit segments of the economy in the COVID-19 pandemic and experts said expect big changes in the market as we work our way through the chaos the pandemic has created and its aftermath. The retail market was strong in San Diego County …
The retail industry is experiencing severe challenges, and NewMark Merrill’s President and CEO Sandy Sigal believes in addressing issues head on. The company is one of the fastest-growing, privately-held developers and owners of shopping centers in Southern California, Colorado, and Illinois, operating roughly 80 properties valued at …
Property owners are generally reluctant to offer relief because of accounting rules, effect on ability to get loans. Many landlords took pity on their struggling restaurant tenants by offering to postpone rent payments in April. Now, even as these businesses start to reopen, some are asking for rent …
Woodland Hills, Calif. — NewMark Merrill Cos. has launched Waves of Kindness, a program to aid communities during the COVID-19 crisis. NewMark Merrill began the program earlier this month, working with its grocery partners to give over $14,000 in groceries to more than 380 families. Customers were given $50 …
Sandy Sigal was interviewed by the ABC 7 Los Angeles news anchors at 5pm about the current state of retail in light of the new reopening plans for our tenants and what we are doing to protect our tenants and customers. Sandy discussed some of the challenges …