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Breakout industrial markets, like Eastern Pennsylvania, are following L.A.'s lead with strong demand and rent growth, GlobeSt.com reports in this EXCLUSIVE story.
The New York City-headquartered company states it plans to utilize the facility to fund future acquisitions, including two properties, which are currently under agreement and are expected to close in the fourth quarter of 2017.
“Ours is a story of career bankers and career distribution people that have come together to build a real estate capital markets advisory shop,” says Lotus Capital founder Faisal Ashraf.
However, about 60% of institutional investors globally are under-invested in real estate relative to their target allocations, says Hodes Weill & Associates.