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COVID-19 Hit to South Florida Hospitality, Retail Spells Distressed Real Estate Opportunities

The coronavirus pandemic has pummeled hospitality and retail, but the bust may be a boon for investors who can scoop up discounted real estate.

The multifamily investor Estate Cos. couldn’t bypass a Hialeah hotel discounted 20% in the coronavirus-created hospitality nosedive, an historic decline making the market ripe for distressed real estate deals.

Daily Business Review. 2020.

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