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09.09.25 - 19:48
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Archway Capital Provides $42.9 Million Loan for the Acquisition of a Major Portion of The Shoppes at Carlsbad, a 1.1 Million-SF Retail Center in San Diego County (Business Wire)
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LOS ANGELES--(BUSINESS WIRE)--Archway Capital LLC, a national commercial real estate bridge lender, has provided a $42.9 million loan to Steerpoint Capital for the acquisition of a major portion of The Shoppes at Carlsbad. Located at 2525 El Camino Real in Carlsbad, Calif. (north San Diego County), the coastal, 98-acre retail property totals 1.1 million square feet (sf).
The portion that was acquired totals 727,000 sf and is currently 74% occupied with a tenant mix including Yard House, The Cheesecake Factory, Hollister, American Eagle Outfitters, Dave & Busters, 24 Hour Fitness, and Regal, among others. Anchor tenants at the center that were not a part of the sale include Macy's (North and South) and JCPenney.
This loan marks Archway Capital's largest and one of the most complex transactions the firm has executed to date.
“Archway is pleased to provide this loan to a repeat borrower who has a solid business strategy of making capital improvements to the asset and executing an aggressive leasing campa...
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05.09.25 - 11:42
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Retail Stock Rally: How Far Can Best Buy, Kohl’s, and Macy’s Go? (24/7 Wall St.)
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Ready to Ride the Holiday Wave The SPDR S&P Retail ETF (NYSEARCA:XRT) has surged approximately 10% over the past three months, capitalizing on a historically bullish period for retail stocks following Labor Day. This uptick aligns with seasonal trends, as retailers gear up for a cascade of high-spending events: back-to-school shopping, Halloween, and the pivotal […]
The post Retail Stock Rally: How Far Can Best Buy, Kohl's, and Macy's Go? appeared first on 24/7 Wall St.....
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03.09.25 - 20:48
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Google′s Antitrust Relief Boosts Big Tech | Open Interest 9/3/2025 (Bloomberg)
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Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Alphabet shares surged after a judge ruled Google can retain control of Chrome though it must share some search data with rivals. Macy's lifted its outlook but still warns of fickle consumers. This week, another CEO lost his job from an undisclosed relationship, raising concerns over c-suite office romances. And Empower CEO Ed Murphy joins Open Interest to discuss democratizing 401(k) investments with private investments. (Source: Bloomberg)...
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03.09.25 - 17:01
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The Momentum Is Changing, Says Macy′s CEO (Bloomberg)
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Macy's raised its annual outlook and reported its best comparable sales growth in three years. “This is the beginning of a momentum change at Macy's,” Chief Executive Officer Tony Spring said in an interview with Bloomberg's Romaine Bostick. Spring said the company's back-to-school season is “off to a good start,” which is a “good barometer” for the holiday season. Bostick recaps his interview on "Bloomberg Open Interest." (Source: Bloomberg)...
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