Special-purpose acquisition companies, known as SPACs, typically launch stock offerings with the intent of acquiring emerging technology and biotech firms, offering private companies a less burdensome route to becoming public. Now, these so-called blank-check entities are starting to bet on the real estate industry.
Several Prospective Blank-Check Companies Eye Real Estate
Growing Trend in Capital Markets Comes During Pandemic Uncertainty
CoStar News
October 15, 2020 | 2:01 P.M.
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