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Real Estate Execs Form New Investment Firm 

Jul 13, 2009By

A trio of Los Angeles commercial real estate executives formed a new firm for real estate-based investments. Led by principal Leslie Lundin, LBG Realty Advisors plans to raise $250m in equity by the end of the year for a fund that will be invested from 2010 to 2013. The firm’s investments will focus on acquiring debt backed by distressed retail, multifamily, office and industrial assets, as well as purchasing retail properties and making joint venture investments in the western United States.