Investing in neighborhood retail: Insights from Alex Nyhan, CEO of First Washington Realty

by Andrea Zander

The neighborhood retail sector remains a strong investment, driven by grocery-anchored centers with high-quality tenants and prime locations. Alex Nyhan, CEO of First Washington Realty (FWR), recently explained in an interview with IREI how necessity-driven tenants in neighborhoods with affluent, educated residents and limited competition help sustain performance through both strong and weak economic cycles. This strategy has been tested through multiple market shocks, including the global financial crisis, COVID-19 pandemic, inflation spikes and rising interest rates, demonstrating the enduring stability of grocery-anchored retail.

Marquee Capital closes programmatic JV with $400m investment capacity

by Released

Marquee Capital has formed a programmatic joint venture with an institutional investor to acquire and manage anchored retail strip centers across the Midwest. The venture will provide Marquee with up to $400 million of investment capacity, including leverage, across two equity tranches. The initial $70 million equity tranche will be deployed to recapitalize select Marquee-owned assets and to fund near-term pipeline acquisitions.

Northwind Group announces $343m final closing of healthcare debt fund

by Released

Northwind Group has held a final close for its Northwind Healthcare Debt Fund II (NHDF II), with total capitalization of $342.5 million successfully exceeding its $250 million target fund size. 

Supermarket Income REIT acquires €123m Carrefour supermarket portfolio in France

by Released

Supermarket Income REIT (SUPR) has completed the acquisition of a portfolio of 20 Carrefour supermarkets in France.