09.07.2009 - Geneva aims to leverage slump with property ‘rollup’ strategy
From Finance-commerce.com: The commercial real estate industry is facing its biggest downturn in two decades. It might seem counter-intuitive, then, that real estate finance veteran Duane Lund has just started pitching a new private real estate investment trust (REIT). Or maybe not. Lund is actually using the downturn as an opportunity; he wants to consolidate properties facing challenges into a larger portfolio, which will then be presented as an investment opportunity for those willing to bet on a turnaround........Full Article: Source
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