It’s unclear what the Lerner family’s openness to selling the Nationals says about the state of their business empire, but it comes at a time when the industry in which they made their fortune — commercial real estate — faces major uncertainty.
the Washington Nationals — something his son Mark vowed never to do — it’s unclear what Lerner sees around the corner this time, and what it says about the family’s current financial standing. But it comes at a time of great uncertainty for the industry in which Lerner made his fortune.
The reasons for the Lerners’ decision to consider selling the team remain murky. The family has hired an investment bank to manage the process and says it is open to selling all or part of its stake. The team issued a statement to The Post on Monday saying the family real estate empire “continues to thrive.”
Clower isn’t suggesting that the Lerner family is hard up for cash, or even that it’s operating from a position of weakness. Lerner’s success in Washington real estate is unparalleled. He has developed more than 20 million square feet of malls, office parks and apartment buildings from Annapolis to Prince William County — delivering him more than $4 billion in wealth,While it might not be a moment to panic, it could be a moment that requires more attention, Clower said.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Newly listed homes for sale in the Dothan areaBrowse through recently listed homes in the Dothan real estate market and find your next home!
Les mer »
Newly listed homes for sale in the Tucson areaBrowse through recently listed homes in the Tucson real estate market and find your next home!
Les mer »
Posthaste: The wealthy are snapping up luxury condos in return to Canada's big citiesSales of condominiums over $1 million dominated the luxury real estate market in the first quarter of 2022
Les mer »
Canada's housing bubble: A cautionary tale for US real estate marketInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Les mer »
Bored Ape-Themed NFT Restaurant Opens In CaliforniaOpen for 3 months, the Bored Apes-inspired restaurant is now open in Long Beach and accepts ApeCoin! Find out more here. web3 crypto BAYC BoredAndHungry
Les mer »
Who Is the Developer at the Center of Brian A. Benjamin’s Legal Mess?Gerald Migdol, the developer at the center of Brian Benjamin’s legal mess, has a mysterious real-estate portfolio. Here's what we know about his career and his relationship with Benjamin
Les mer »