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Article: American Ventures to Step Up Pursuit of Class A Commercial Properties.
- Article from:
- PR Newswire
- Article date:
- December 19, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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-- Real Estate Investment Management Firm Targets $500 Million to $1 Billion in 2007 Acquisitions --
CORAL GABLES, Fla., Dec. 19 /PRNewswire/ -- American Ventures Realty Investors, one of the largest commercial real estate investment managers in the U.S., today said it anticipates acquiring $500 million to $1 billion in commercial real estate in 2007. The company said it plans to acquire Class A office properties via acquisitions in the private market or public real estate investment trusts.
"We see increased opportunity to generate strong returns for our investors through an acquisition-focused strategy," said Philip Blumberg, president and CEO of ...