Look Who’s Buying America Now!
Date: Jun 30 2012
Filed under: Economy, Real Estate
According to The Wall Street Journal, the most popular story on WSJ.com on Monday was a report about how Lennar (LEN) may apply for a $1.7 billion loan from China to help finance major multifamily housing developments in San Francisco.
Valued at $10.5 billion in total, the projects to reincarnate two former Pacific Coast naval bases as mixed-use residential and commercial real estate have run aground over lack of funds. As a result, Lennar appears poised to open the door to China owning an…
Look Who’s Buying America Now! originally appeared on DailyFinance.com on 2012-06-29T15:38:00Z.
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