00:00 Speaker a
What about shopping malls that are handled like that? Do you see opportunities in this area?
00:09 Speaker b
You know, we’ve always loved the shopping malls here for the past few years. Of course, the industry has been running for years and benefiting from historically low supply. Well, after Kuvid, weaker UH tenant points cleared. Therefore, tenant credit UH pictures have been quite benign over the past few years. There are some names here that pop up here, but overall, it is manageable. These companies have more than enough UH to put these UH incremental UH space back to its original location. Therefore, landlords have pricing power and UH supply is far less than other sub-industry locations. So we think this is a space where landlords can continue to enjoy pricing power in the coming years.
00:58 Speaker a
Is there a name that specifically deals with the space you like?
01:03 Speaker b
Absolutely. Our top pick today is a company called Regency Centers, Ticker Reg. Well, they are the owners of the National Mall. Their demographics are in terms of household income and UH are just the value of a single-family home in the communities where they own and operate assets in the upper right quadrant you want to be in this field. Well, their average is below the UH tenant credit watch list name. UH J. Crew ends, party town, lots and more. uhTheir balance sheets are in excellent condition, they are growing above average and embedded growth from signed leases that have now started cash flow.
