Blumberg Capital Partners Completes Two-Year Real Estate Disposition Strategy

Blumberg Capital Partners, a Coral Gables, Fla.-based investment fund manager, today announced it has completed a two-year strategy to dispose of its major commercial real estate holdings nationally, raising cash to capitalize on strategic investment opportunities, amid a tightened credit environment and lower asset prices. The most recent transaction was completed last month, with the $9.3 million sale of its smallest holding, a 76,397-square-foot office building in Tampa, Fla. read more

Source: Blumberg Capital Partners