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Wednesday, July 25, 2018

Bisnow: With A Billion-Plus In Its War Chest, Sterling Organization Goes On The Prowl For Overlooked Retail Assets's Dees Stribling reports:

"Private equity investor Sterling Organization has closed its third value-add retail real estate fund at $495M, beating its $450M target.

The oversubscription hints that some investors believe there are still retail diamonds in the rough to be found, despite tough times for the retail industry."

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