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Opportunities eyed in land banking
One sector that continues to be underserved by financial institutions post-crisis is land banking. As such, it offers opportunity for investors that can overcome the stigma associated with the space.
“There aren’t many active financing providers in the land banking space,” confirms Craig Bergstrom, cio at Corbin Capital Partners. “Consequently, yields across the sector represent a premium to comparable risk because of the low multiples of investor capital involved.”
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