It's a trend that developed as we emerged from the pandemic and has intensified ever since: more and more people are flocking to outdoor endeavors now that they've been freed from the confinement we all endured during the darkest days of the outbreak.
The get-outside-and-live phenomenon has been a bonanza for rustic lodgings, resorts that accommodate RVs and marinas for sailing vessels of all sorts, a bonanza that increasingly is attracting commercial real estate investors looking for a hot growth sector.
The latest player to bet on the great outdoors is Monarch Alternative Capital, an investment firm with about $11B in assets under management that maintains dual headquarters in New York and London.
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