Audio – Centerline to launch distressed real estate debt fund

June 26, 2007

marc-schnitzer.jpgThere’s gold in distresssed real estate debt, for those who know how to pan for it, Centerline Capital Group Chief Executive Marc Schnitzer told the Reuters Global Real Estate Summit.

As early as the end of the year, Centerline plans to put together a new fund that will seek to make investors money by aggregating troubled real estate deals, put back together by Centerline. 

Click here to hear Schnitzer on distressed debt’s potential.

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