Who Funds Mini- and Shopping Malls?
Friday, September 22nd, 2006Shopping malls require experience for their financing, purchase, and operation. You’ll get this either as an owner of mini-malls or as an employee of a large shopping mall. Just be sure you know what you’re doing before you buy a large shopping mall.
Funding for mini-malls and shopping malls often comes from local banks near the facility. Why is this? Because local banks:
•Feel safer with property near their own.
•Understand nearby property values better than distant ones.
•Have personnel who shop locally and want to see the area grow.
investment property