Tuesday, March 16, 2010

 
 
 

 
 
 
 
 
Billionaire Paulson calls bottom in housing market
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Tuesday, May 19, 2009
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By Daily Crux Editor Sean Goldsmith:

John Paulson is starting a new private equity fund to invest in residential and commercial real estate. The fund paired up with a former DR Horton executive, and will also source residential projects.

The life of the fund is expected to be seven years, and should raise hundreds of millions of dollars.

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More on the the housing bottom:

Why housing will bottom on June 30

KB Home CEO Mezger "seeing a floor" in So. Cal home prices

Mortgage bond pioneer Ranieri says housing bottom "within shouting distance"

Topics: Guru | Housing | Real Estate
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