Goldman Eyes Real Estate Investments Away From Coastal Cities

Pedestrians pass in front of the Ernest Tubb Record Shop in downtown Nashville.

Photographer: Eilon Paz/Bloomberg
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Institutional investors see opportunities in real estate in mid-size U.S. cities away from the coasts.

Goldman Sachs Group Inc. is eyeing markets including Denver, Austin and Nashville, Jeffrey Fine, a managing director at the firm’s merchant-banking division, said Thursday at a conference hosted by the NYU School of Professional Studies.