As China's economy expands, buying power increases, and city center populations burgeon, the country's real estate demands are changing. The Chinese consumer is fueling retail and residential demand, while successful domestic and foreign enterprises push demand for office space. While many developers understand this, they often lack capital to complete real estate projects because of various inefficiencies in the Chinese capital markets. Many real estate assets find their way into the court systems as banks foreclose on cash-strapped developers. Other assets lay dormant in the hands of developers, waiting for a cash infusion before a market exit is possible.
In such an environment, Shoreline Capital Management and its investors seek to acquire discounted real estate assets or to work together with developers to complete projects. Shoreline Capital's management has many years of real estate investment and development experience, as well as the relationships and know-how to source, analyze, close and manage the assets.
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