Why Rent Gets Paid First When Retail Gets Cut

Podcast: Commercial Real Estate Investment Conference Podcast (CREIC) · Commercial Real Estate Investment Conference

Opublikowano: 2026-08-30

The American household is rerouting its spending, not collapsing it. What happened: • Core retail sales fell 0.2% in July, the first monthly decline of 2026. • Online spending dropped 2.3%, the largest monthly decline since January 2025. • Apparel sales rose 1.9% and off-price retailers signed 100+ leases totaling roughly 3M SF over the past 12 months. • Dollar Tree traffic climbed 4.8% year over year in July. Dollar General traffic rose 1.9%. • On-time rent payments for independently owned units hit 83.2% in August, the strongest annual gain since May 2023. • The full-payment forecast reached 95.7%. Multifamily led the rebound at 82.5% on-time payments. What it means: • Ren...