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Lenders pursue foreclosures as pandemic challenges continue

Some hedge funds and private equity firms that hold real estate loans are pursuing foreclosure proceedings against tenants that are unable to keep up with payments. These attempts at foreclosure often involve mezzanine financing, and experts believe more foreclosures could be on the way as pandemic-fueled economic challenges continue. Full Story: The New York Times (tiered subscription model) (8/13)

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Retail Update for 9/4/2020

Grocery Chain LIDL Plans to Open 50 New Stores on East Coast by 2021 Dick's Sporting Goods Reports Record Earnings, 194% Increase in E-Commerce Sales Target reported a 24.3% increase in total digital

  Auctus Investment Group, 2018                              DRE# 01072454

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