The Bratton Team

Investors are buzzing over LOW cap rates and CHEAP monies for investments in Hawaii shopping centers. During a presentation yesterday at ICSC RECon in Las Vegas, Goldman Sachs procalimed “get it now, while you can!”

With clouds on the economic horizon, they suggest investors may become risk averse by the 3rd quarter and it is unlikely that interest rates are going anywhere but up. We are seeing debt financing for the best properties at 3%. It is almost like 2005 again.

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