The Wall Street Journal: Real-Estate Investors Eye Potential Bonanza in Distressed Sales
April 7, 2020
By Konrad Putzier and Peter Grant
A growing number of property investors are preparing for what they believe could be a once-in-a generation opportunity to buy distressed real-estate assets at bargain prices.
Investment firms like Blackstone Group Inc., Brookfield Asset Management and Starwood Capital Group are sitting on billions of dollars in cash and capital commitments they have raised from pensions, sovereign-wealth funds and other big institutions in recent years.
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