Mavik Seeks $1 Billion to Hunt Distressed Commercial Real Estate

Mavik Capital Management is looking to raise $1 billion to snatch up distressed assets in the commercial real estate market, which is still nursing bruises from a surge in borrowing...

By Charlotte Plaskwa, Scott Carpenter · Bloomberg Markets

Mavik Capital Management is looking to raise $1 billion to snatch up distressed assets in the commercial real estate market, which is still nursing bruises from a surge in borrowing costs four years ago.