This story was originally published in May 2020. As the coronavirus pandemic bore down on the economy, veteran investor Tom Barrack emerged as one of the loudest voices urging a lifeline for the real estate industry. Barrack, the head of Colony Capital and a longtime friend of President Donald Trump, penned a series of much-discussed blog posts and took to the airwaves, warning that the real estate industry could collapse. His alarm hit close to
source https://therealdeal.com/2020/08/17/not-your-fathers-distress-down-market-could-be-opportunity-of-a-lifetime-or-a-big-letdown/
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