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Episode Info: e are some risks there as well. We discuss some of the terrible regulations that government does and how they often fail to recognize the problems that they directly cause. He says, “Restaurants and entertainment businesses often have the highest rates of failure. So they may not be the panacea for getting away from internet business risks.” Talking Points From This Week’s Episode • Opportunities in retail shopping strips. • Disadvantages of opportunity zones. • Effects of the Internet and online ordering on retail. • Government ineptness exacerbating existing social and housing issues. About Our GuestMichael J. Flight is a real estate entrepreneur who is an expert in Retail Real Estate investment. Mr. Flight has more than 32 years of experience working with more than $500 million of real estate for himself or on behalf of investors/clients. Michael and a partner formed Concordia Realty Corporation in 1990 to invest in Shopping Centers with a strategic focus on adding value through repositioning and redevelopment throughout the United States. Michael has also been involved with work-outs of distressed real estate for banks, insurance companies, REITs, international investment companies and hedge funds. Furthermore, he has consulted for some of the top investment and development companies in the world including AEGON, Soros Funds, TH Real Estate and Trammel Crow. In addition to Shopping Center and Net-Lease Single-Tenant Retail real estate, Michael has been a principal in entities that have owned multifamily apartment buildings, office buildings, condo conversions and single family home portfolios. He also serves on the real estate investment advisory boards of Chicago Hope Academy and Sunshine Gospel Ministries. Additionally, he is Treasurer of the Riverside Public Library and special advisor to Mission Our Lady of the Angels in Chicago. For more information visit their Concordia website via this link.  ...
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