In accordance with BlackRock CEO Laurence D. Consider RealSavvy as Pinterest for actual property. Quite a lot of distinguished hedge funds have recently acquired stakes, though it's unclear which have approached Macy's administration with actual property proposals.

Sears Holdings Corp additionally said in April it plans to spin off 254 shops into a real property investment trust subsequent month, which it estimates will elevate $2.5 billion and alleviate some liquidity concerns.

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