The soda heirs' actual estate development firm has misplaced $37.5 million to foreclosure for the reason that economic system tanked , and the monetary way forward for the household appears tenuous at finest, the Atlanta Journal-Constitution reported Sunday.
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Cross-border property investment by Asians surged to $8.6 billion in the first quarter, probably the most active start to a yr since establishments within the area started a serious push into overseas real estate in 2013, CBRE Group Inc.
Rapidly I seen a pattern: A complete lot of people had made an entire heap of cash investing in real estate. Various distinguished hedge funds have recently acquired stakes, although it's unclear which have approached Macy's management with actual property proposals.
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After getting his PhD, Saiz was employed in 2003 as an assistant professor at the University of Pennsylvania's Wharton College