I've seen their new CEO, James Taylor, show up on some media lately and it made me interested to see what you all think of the company.
I'm particularly interested in REITs, and I feel this company shows promise. Also, I heard they are owned by Blackstone as well which is pretty cool.
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I don’t want to discourage you or anybody else from retail. It’s definitely an interesting space, especially right now with ecommerce transforming retail/industrial, creative repositioning of bankrupt/vacant big box anchors, new “experience” oriented tenants popping up, etc... it’s also pretty cool to analyze tenants that are familiar consumer brands and understand their business plans, sales trends, creditworthiness, etc... I just personally find retail modeling extremely tedious since there are usually so many tenants with a lot of lease components that need to be abstracted (co-tenancy, termination rights, go dark provisions, percentage rent, different CAM pools for inline/anchor/out parcel/food court...) which can get pretty annoying.
To echo what Ricky said above, I agree retail modeling is probably the most difficult from a strictly technical perspective. I haven't seen many lately, but this can be especially true when you have really complex CAM recs with tenants with a 'reimburse after' clause in their leases, percentage rents, etc. It's not brain surgery, but definitely more difficult than the average industrial/office/multi deal. Also mentioned above is the lease complexity, which is just annoying more than anything else. Also, at least from my perspective, the premium/spread I'm seeing (or lack-therof) on the cap rates/yields on retail compared to the other product types isn't enough for me to want to devote more allocation to it. But again, to each their own. To answer your original question, Brixmor is well thought of at least in my markets. As far as working there, I've heard from other sources that work at other BX owned operating entities that the level of oversight that BX gives can be burdensome at times, but that's 2nd/3rd hand information so make of that what you will.