We’ve come a long way since the Great Recession, with the capital markets showing strong vital signs so far in 2015. And Kimco is taking full advantage. The ample liquidity and mortgage financing available is giving individual owners, buyers, and regional players increased access to capital, enabling us to execute strategic sales of assets at an accelerated pace.… Read More

2013 was a comeback year for the capital markets. While interest rates experienced periods of volatility in the second half, the capital markets digested this volatility and remained open and accessible at attractive levels. This momentum is carrying into 2014, and provides reason to be optimistic about the health of the capital markets this year.… Read More

One of the most highly anticipated FOMC meetings occurred in September based on the market’s anticipation that the Fed would announce the beginning of “tapering.” The Fed’s announcement to hold off tapering has created significant ripples throughout the financial community. However, we’re seeing some net positives for the REIT industry over the medium term.… Read More

Acquisitions

Booming in Boston

Posted by: Josh Weinkranz Josh Weinkranz
on June 26, 2014

The retail market in Boston, Massachusetts was always a famously tough nut to crack. Demand for space has increased while the vacancy rate, currently hovering only around 4.3 percent, has been in steady decline. Rents are on the rise in this densely infilled market and new construction is booming all over the city and out into the suburban ring.… Read More

Kimco held its 2013 Investor Day yesterday at the New York Palace Hotel. This was a highly anticipated event with over 125 confirmed attendees looking to hear about Kimco’s strategy over the next several years. Our path for growth hinges on three core initiatives, associated with the initials T.S.R.Read More

NATIONAL ANCHORS: Safeway is one the anchors at Marketplace at Factoria, in addition to Walmart, Target, Nordstrom Rack, and several other national and regional retailers

NATIONAL ANCHORS: Safeway is one of the anchors at Marketplace at Factoria, in addition to Walmart, Target, Nordstrom Rack, and several other retailers

Economic recovery has moved forward in a range of areas across the U.S. But one MSA that has continued to cement its foothold faster than others is Seattle-Tacoma-Bellevue.… Read More

Kimco’s fourth-quarter and full-year results show a company that is in the sweet spot of supply and demand.

In the U.S., more than 81,000 stores are expected to open over the next two years (a five-year high), while new shopping center construction has hit a 35-year low. … Read More

Kimco reported its third-quarter earnings last week and the numbers tell a compelling story.  Not only did we continue to deliver strong financial and operating results, but we moved closer to becoming a pure-play North American retail real estate investment company with a portfolio built for long-term stability and growth.… Read More

“Strong and eventful.” That’s how Dave Henry described Kimco’s second quarter during our recent investor call.

FFO as adjusted increased by 12.9 percent and our operating metrics were very strong: U.S. same-site NOI grew 4.2 percent (the biggest year-over-year jump in six years and Kimco’s 13th consecutive quarter of rising NOI), U.S.… Read More