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Latest Industry News
Blumberg Capital Partners Headlines
07/02/2008
Private-equity-REIT buyouts could lead to an IPO surge
Market experts are bracing for a possible wave of initial public offerings to hit the real estate world in the next two to five years as many speculate that private-equity firms may use IPOs as exit visas. Philip Blumberg, founder of American Ventures, a real estate investment management company based in Coral Gables, Fla., speculates troubled property owners needing access to capital likely will resort to IPOs first.