All Star: Ray Washburne on cities, retail, restaurants, energy and more

Ray Washburne is an accomplished investor with an eclectic portfolio that spans shopping centers, restaurants, energy and more. Washburne offers a unique perspective on market trends, Investment opportunities and the the evolution of cities.RetailUnique Identity Wins: Local restaurants and regional brand dining experiences are essential to attracting visitors to a city or neighborhood.Bifurcation of Retail: High-end luxury retailers and those that offervalue to consumers are doing well. OfficeDemolition Over Conversion: Many older offices are being demolished due to high conversion costs and antiquated construction.Amenities Matter: Office buildings with unique amenities are commanding higher rents and driving tenant demand. Cities & The Economy·     Urban Revitalization: Cities are experiencing a resurgence with new developments driving growth and investment.·     Caution Persists: A large federal deficit, high consumer credit card debt, and sticky inflation are making it essential for investors to be prepared for extended volatility.