Lack of stringent regulations in the U.S. real estate industry has allowed criminals, kleptocrats and sanctioned foreign nationals to launder their money through real estate investments.
A drop in demand for industrial space amid massive new product deliveries portends a potential glut of new product. Coupled with higher interest rates and worries about a recession, it’s forcing investors to rethink their acquisition strategies.
'Blackwells strongly opposes the cockamamie merger, and expects most other shareholders to do the same,' said the activist investor of the plan, which is backed by Schorsch's AR Global.
Clarion Partners' Rick Schaupp came on the podcast to talk about the firm's latest real estate investment fund and how it can fit into clients' portfolios.