Jim Yoder

Velocis Co-Founder Jim Yoder on the pandemic's short-term and long-term impact on leasing, sales, investments, and management.

In DFW and across the country, these kinds of larger grocery- or entertainment-anchored centers are popular with buyers, but tough to acquire.

Thanks in large part to recent and announced business relocations, Dallas is establishing hubs outside of the traditional economic centers. And there is no reason to believe it should slow down any time soon.

One of the best decisions we made during the formation of Velocis Fund was to limit our debt exposure to 60 percent of our asset acquisition costs. That decision, combined with the ability to buy properties on compelling current yields on existing NOI, has made borrowing a lot more fun than we ever expected.

During the financial crisis of 2009, the Financial Accounting Standards Board relaxed the rules to avoid a severe financial crisis among lending institutions. But the days of kicking the can down the road are over. Now that financial institutions have had time to get healthy, the road has run out.