The investment firm backing most of Williamsburg’s prime retail real estate said it will look to sell several properties over the next two to three months. And the company has taken on a more active role managing the portfolio amid concerns that it could be difficult to cash out at projected values. JZ Capital Partners changed course on Wednesday and announced it would not take a significant write-down on the real estate portfolio it owns
source https://therealdeal.com/2019/12/02/redsky-and-partner-to-sell-several-properties-amid-uncertainty-over-valuations/
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