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Real Estate & Property Law
: Housing WireRedwood Fund to Buy Up Distressed Assets
By JACOB GAFFNEY
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Redwood Real Estate Partners is launching a $500m investment fund, called Occasio ResCap, in order to jump on distressed assets for sale where the seller may be out of options.
“The current housing market, residential loan performance, and related foreclosure activity have created ample opportunity for us to purchase REO and non-performing whole loans,” says fund [...]Full post as published by Housing Wire on May 20, 2009 (boomark / email).
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