Today I have the pleasure of talking with Rob Levy, who has been in the Real Estate business for 30 years. While some people think of it as a going down sector, Rob and I think of it as a land of opportunity. It’s a little bit of all contrarian play in the space retail and America’s going through a transformation in that sector. Today Rob and I talk about how we can take advantage of great pricing and market, balance in the market.
00:45 – Who is Rob and what is his background?
04:24 – Why the good old shopping centers are still interesting and why they provide a great investment opportunity
08:00 – What kind of cap rates are you able to get today in retail
11:30 – Value: buying significant reductions to replace the cost
12:42 – The typical value add strategies in the retail sector
15:21 – Other strategic angles
20:00 – How Traffic and Population Growth plays a part in the retail sector
24:49 – Opportunities in the retail sector and possible future shifts
28:30 – Reaching out to Rob Levy
31:16 – Thank you for listening to the Big Mike Fund Podcast