
November 3, 1999 - US Fund for Offshore Players in the Works
Real Estate Forum (PDF)
Citing a strong interest in US real estate assets among overseas buyers, American Ventures Realty Investors is set to launch a $500-million property fund. According to Philip F. Blumberg, president and CEO of the Coral Gables, FL firm, the yet-to-be-named public company will be targeted toward institutional investors, primarily from Latin American [...]