Cash Pours Into Distressed Real-Estate Funds as Investors Aim to ‘Play Offense’

Wall Street Journal, Apr. 21, 2020–Peter Grant (subscription)
Investors are pouring billions of dollars into new real-estate funds created to buy distressed debt backed by hotels, malls, office buildings and other commercial properties suffering big losses of value during the coronavirus crisis.
https://www.wsj.com/articles/cash-pours-into-distressed-real-estate-funds-as-investors-aim-to-play-offense-11587470400?