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

“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

Kimco’s recent offer of $225 million of perpetual preferred stock provides a clear indication of the state of the capital markets these days.

We were able to get the deal done at 5.50 percent, which is the lowest coupon ever issued by a REIT, and believed to be the lowest coupon ever for a perpetual preferred security of any kind.… 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

In 2006, Kimco Realty acquired seven shopping centers in the Commonwealth of Puerto Rico. The commitment and efforts from our people assigned to these assets have shaped this portfolio into a very successful and stable investment.

A driving force behind the success of the Puerto Rico properties is the strong sales performance of many U.S.-based retailers on the island.… Read More

Several factors are converging in 2012 to help the capital markets stabilize after experiencing significant volatility last year. Although some issues remain uncertain — particularly Europe’s financial struggles — several areas of the market are rebounding and gaining momentum. Here are seven capital market trends Kimco is watching in 2012, and how we see them impacting retail real estate throughout the year.… 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

Competition for core, stabilized shopping centers in the U.S. has typically been stiff, and it’s easy to see why. These centers are well-leased by strong tenants and have a sturdy anchor tenant — usually a grocer or other major retailer. As a result, these centers are usually very stable and generate strong sales for tenants.… Read More