Not long ago, very little or zero vacancy was projected for supposedly net lease credit tenants. However, based on their recent behavior and performance, that has changed, and the durability of net lease income is being reexamined.
South Florida “Bucks” the Trend Nationally and locally, banks continue to consolidate branch locations through mergers and acquisitions. Cost cutting and the closing of underperforming locations has resulted in 3.9% fewer branch locations nationally from 2010 to 2014. However, the southeast Florida Market (Miami-Dade, Broward and Palm Beach Counties) has actually grown in the number of bank branches by 1.5% … Read More