Michael Stoler Real Estate Report: "Foreign investors want to own ...

Increasing sales out of distressed real estate accounted for 18% of all sales by dollar volume and 23% by count of all of 2010. Half of the years $24 billion of distressed sales occurred in the fourth quarter, an indication that lenders are finally more .... In the same month, Gaia Real Estate announced a partnership with Harel Insurance Investment & Financial Services, one of Israel's largest insurance companies, to invest in residential real estate throughout the U.S., ...

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