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A Pivotal Pivot | Business Observer | Business Observer

4 months ago Share Real Estate Acquisitions USA Corp. of Naples focused on single-family housing deals until it decided to shift gears in 2015. by: Kevin McQuaid Commercial Real Estate Editor Mario Dattilo was brokering residential single-family deals in his native Minnesota when the housing market’s swollen bubble burst more than a decade ago, sending values plummeting nationwide. His father Doug, meanwhile, had built up a resume filled with construction and related experience, also in the North Star state. Shortly after stockbrokerage firm Bear, Stearns’ collapse, a friend introduced the pair to Southwest Florida, which became ground-zero for foreclosure filings in the U.S. beginning in 2008.

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