With predictions of a “retail apocalypse” growing by the day, and as more stores close and companies file for bankruptcy, some investors see now as the perfect time to buy ailing shopping centers at distressed prices. Brian Kosoy, the CEO of the Sterling Organization, a private equity firm, started a new fund to invest in grocery-anchored shopping centers, street retail and other shopping centers across the U.S., according to the Wall Street Journal. He said […]
source https://therealdeal.com/miami/2018/07/17/contrarian-investors-across-us-find-bargains-amid-retail-apocalypse/#new_tab
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