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Investor Philip Blumberg Launches Fifth Distressed Commercial Real Estate Fund

American Ventures Partners Seeks To Raise $1 Billion With Eye on Sun Belt Office Buildings
American Ventures Partners maintains offices at 255 Alhambra Circle in Coral Gables, Florida. (CoStar)
American Ventures Partners maintains offices at 255 Alhambra Circle in Coral Gables, Florida. (CoStar)
CoStar News
March 22, 2021 | 5:34 P.M.

No stranger to distressed commercial real estate, longtime investor Philip Blumberg has launched his fifth fund targeting the asset class over a period of 30 years.

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