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1 minute read
Scaling the Growth with New Opportunities
● In 1989, Karen’s office was closed down, and she was looking for opportunities that would enable her to maximize her value to the real estate industry.
● At that time, the RTC and FDIC owned a lot of real estate that they needed to dispose off, and they sent a request for proposal to various real estate companies to assist them.
● Karen recounts the time, “So my partners let me own all the stock, and they had profits participations. As a result, we got the opportunity to handle a great deal of real estate for the government. I learned a great deal, particularly about retail, land, office, as well as industrial.”