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A ‘RECORD’ YEAR FOR THE PALOMAR GROUP
The Palomar Group New Year’s Card: We love people who aren’t afraid to rock the boat. The Palomar Group, one hundred percent falls into that category. The follow up to 2020’s smash takes the group on a voyage through the zeitgeist of 70s Yacht Rock, and the entire crew committed to the theme.
MASTERCARD: RETAIL SALES STRONG IN DECEMBER, CAPPING ROBUST HOLIDAY SEASON
Retail sales in December closed out the year on a high note. Total U.S. retail sales (excluding auto and gas) rose 6.9% in December compared to the year-ago period and increased 8.1% versus pre-pandemic December 2019.
WHY REITS OUTPERFORMED IN 2021 NAREIT
It’s official: 2021 was the REIT industry’s strongest year on record since 1976, according to Nareit’s Q4 REIT Performance Report. REITs led the U.S. stock market in investment returns. The FTSE Nareit All Equity REIT Index posted a total return of 41.3% in 2021, and the FTSE Nareit Equity REITs Index increased to 43.2%.
VALUE-ADD OPPORTUNITIES IN THE GROCERY-ANCHORED SECTOR ARE HARD TO FIND AND EVEN HARDER TO EXECUTE
Value-add investment opportunities in the grocery-anchored center sector are rarer and riskier than ever before. But that hasn’t stopped investors from hunting for these opportunities and paying a premium for them.
SEASONAL RECAP: RETAIL HOLIDAY HIRING DOWN 7%
Despite record need, high demand and, in some cases, signing bonuses, retail employees struggled to fill holiday jobs in 2021. Retail added 7% fewer holiday hires in 2021 compared to the previous year, while transportation and warehousing was down only .14% according to an analysis of non-seasonally adjusted data.
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