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Articles Posted in Retail Properties of America

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REIT Retail Properties of America’s $8 Public Offering Results in Major Losses for Fund Investors

Many investors of Retail Properties of America, Inc. (RPAI) suffered huge losses after the real estate investment trust’s IPO opened with an $8 offering price. Formerly known as Inland Western REIT, Retail Properties not only made its public debut at an offering price below the expected $10-$12 pre-offering price, but…

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