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Value Add Strategies That Could Work for Distressed Assets

If a sponsor has the right approach and buys at a low enough cost, they can find success with hospitality and retail deals.

By Les Shaver | September 10, 2020 at 07:32 AM

While many lenders have soured on the retail and hospitality space, Mark Fogel isn’t among that group. 

Fogel, the CEO of ACRES Capital and the President and CEO at Exantas Capital Corp., thinks strong sponsors can turn some of these seemingly hopeless situations into long-term winners.

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