CHICAGO, IL – Industry veterans, Christopher Nolte and David Schreiber have launched the new private equity platform, AneVista Group. The professionals founded the company to focus on innovative investment and operating strategies within the retail real estate sector.
Established during a substantial structural evolution for the retail industry, while real estate investors are expecting significant distress and valuation declines within the sector, AneVista intends to develop and redevelop small format, necessity-oriented shopping centers. The company will target e-commerce resistant retailers in last mile locations that address the trends reshaping consumer preferences and retailer operations.
Aiming to capitalize on significant product availability and distressed pricing, the company will focus on specific retail segments that mitigate risks of large format shopping centers and employ solutions that address retailer and consumer demand for innovation. Viewing the continued industry disruption as a unique opportunity to pursue a highly-focused, value-oriented strategy, the professionals plan to reimagine the future of last mile retail.
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