90% of U.S. Malls, Shopping Centers Could Shutter, Says CenterSquare's Crowe

The video discusses the current state of rent collection in various retail sectors, highlighting that malls are collecting 20-25% of rent, grocery-anchored centers 50%, and essential services 80%. It explores successful retail models like Apple and Target, emphasizing the shift to omnichannel strategies. The impact on mall owners is significant, with potential vacancies due to co-tenancy agreements. The commercial real estate sector faces challenges, with a need to focus more on industrial and data centers rather than traditional retail and office spaces.

What percentage of rent are malls currently collecting?

• 20-25%

• 50%

• 80%

• 100%

Which retailer is highlighted as a successful example of an omnichannel approach?

• Walmart

• Apple

• Target

• Amazon

What is a potential consequence for mall owners if anchor tenants fail?

• Increased rent collection

• Higher foot traffic

• Expansion of retail space

• Co-tenancy agreements leading to more vacancies

What is the expected impact on the CMBS market due to retail delinquencies?

• Complete recovery

• Increased investment

• Significant pain

• Minimal impact

Which sectors are suggested as more resilient compared to traditional office and retail spaces?

• Tourism and hospitality

• Luxury retail

• Industrial warehouses and data centers

• Residential apartments