In the intricate world of retail development, financing proves to be a critical factor, often determining the fate of promising projects. Recent findings from a comprehensive survey conducted by the Gumption team shed light on a sobering reality: 51% of retail developers have faced the sting of lost deals in the past 12 months due to financing issues. In this blog post, we delve into the survey's insights and invite you to follow us on LinkedIn for an exclusive look at the full results.
In preparation for ICSC Southeast in Atlanta, the Gumption team initiated a robust survey, reaching out to over 1000 developers immersed in the retail landscape. The goal was clear: to uncover the intricate web of financing challenges that developers grapple with and to share these insights with industry professionals seeking a deeper understanding of the current terrain.
The survey's standout revelation is a statistic that echoes the struggles of many in the industry—51% of retail developers reported losing a deal in the past 12 months due to financing challenges. This stark reality underscores the urgency of addressing and navigating the complexities of securing funding in today's dynamic market.
At Gumption, we believe in the power of transparency and shared knowledge. As part of our commitment to the industry, we'll be sharing the comprehensive survey results with our LinkedIn followers. Follow us to gain exclusive access to a detailed breakdown of the findings, offering a nuanced understanding of the financing landscape for retail development.
Understanding the challenges faced by retail developers is crucial for fostering innovation and devising effective solutions. The survey results not only highlight the struggles but also pave the way for informed conversations around how the industry can collectively overcome financing obstacles. Whether you're a seasoned professional or an emerging talent in retail development, these insights offer a valuable perspective on the current state of affairs.
As we unveil the findings of our financing survey, we invite you to join the conversation. Follow Gumption on LinkedIn to stay informed and engage with a community of professionals dedicated to navigating the challenges of retail development financing. The path forward requires collaboration, insights, and a shared commitment to driving positive change in an industry that constantly adapts and evolves.
