“Phenomenal returns” for some distressed real estate investors in stocks

While investors in distressed properties are frustrated by sellers holding out for more favorable pricing, some seeking real estate on the cheap are turning to the public markets. Big firms including Blackstone Group, Starwood Capital and Oaktree Capital have been buying up real estate-backed securities in recent months in the belief that they are undervalued, the Wall Street Journal reported. “These are opportunities that just don’t exist in the private markets,” Madison International Realty president

source https://therealdeal.com/2020/06/23/phenomenal-returns-for-some-distressed-real-estate-investors-in-stocks/