"Especially now amidst the pandemic, tennis is a great sport that allows you to stay active and safe."

Stephan Leccese will initially focus on two major initiatives: NPL Swap – a marketplace for non-performing loans; and Investors Loan Servicing – a specialized servicer for business purpose loans.

JLL Capital Markets arranges the $48-million sale and the $24-million acquisition financing.

Cap rates for Rite Aid and Walgreens properties experienced cap rate increases of 19 and 15 basis points respectively.