RockStep Capital’s Post

It’s Q3 of 2024, and retail continues to perform well, especially grocery-anchored neighborhood shopping centers. While office vacancies continue to rise, retail remains resilient, thriving alongside e-commerce. Al Brooks, head of commercial real estate at JP Morgan Chase, shares more insights regarding the fate of various CRE asset classes in 2024: https://bit.ly/3W4M9M0.

Join us in welcoming Kyra Vanderbilt, Crystal Vinduska, Brittany Kennedy-Horner and Kylie Stalder as the newest members of the RockStep property teams. We look forward to their positive impact on Manhattan Town Center, Uptown Hutch, Uptown Meridian, and Uptown Rapid and their respective communities. Learn more about our four new team members: https://lnkd.in/gW5ZvydY.

CRE industry trends are constantly changing, and RockStep keeps its finger on their pulse. By attending conferences and participating in panels with fellow CRE professionals, we not only learn from other industry leaders but also share our knowledge with others. From Laguna Beach to New York City, RockStep’s 2024 conference schedule is packed. We’re grateful for the conferences we’ve attended so far, and we’re excited about several upcoming opportunities: https://bit.ly/3zfuLLT.

The HomeTown America Fund is a diversified closed-end fund with a targeted 8-9% preferred return and a targeted 18+% IRR. Our commitment to successful investments within secondary and tertiary markets remains unwavering, and we’re dedicated to securing lucrative deals while enriching the communities we invest in. Care to join us? Learn more about the HomeTown America Fund on our website: https://bit.ly/3K12gUa.

Located along a dominant retail intersection with exposure to over 25,000 vehicles a day, Iberia Plaza in New Iberia, Louisiana, boasts nationally recognized tenants, including Ollie’s Bargain Outlet, Super 1, Sports Additions and Fantastic Sams. To top it off, Walmart is Iberia Plaza’s shadow anchor, contributing plenty of cross-traffic to the shopping center: https://bit.ly/4dxZl31.

Happy Father’s Day weekend to the fathers and father figures out there. Thank you for your guidance, strength and support.

This year's activity at Riverwalk Outlets is only getting started, with festivals, a food court with a 92% occupancy rate and their 17th Annual Summer Market happening in July. With plenty of community-centric events in store for 2024, we’re ensuring Riverwalk Outlets remains a go-to destination in downtown New Orleans for locals and tourists alike: https://bit.ly/3X3I9MV.

As stewards of our investors’ capital, we’re obligated to complete comprehensive due diligence to determine if an asset is a viable investment. Through due diligence regarding the property, tenants, market and other aspects of an asset, we can present a thorough, objective analysis to our investment committee before making a final decision: https://bit.ly/3UiRhu1.