Archive for July 2nd, 2008

If Real Estate is on Sale, who’s buying it?

Posted on July 2, 2008. Filed under: Foreclosures, real estate | Tags: , , , , , , , , , , , , , , , , , , , , |

Private equity investors like The Blackstone Group have been buying packages of properties from builders like Lennar and Syntex at 30-40 cents on the dollar.

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