Colony Capital LLC has purchased 970 single-family REO properties in California, Arizona and Nevada as part of the Federal Housing Finance Agency (FHFA) pilot efforts to dispose of Fannie Mae's first Real Estate Owned (REO) properties. Colony purchased shares of eight sub-portfolios of residential real estate owned (REO) properties, including tenant-occupied units and vacant single family residential properties. Fannie Mae has retained an interest...
via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Colony-Capital-Buys-970-REO-Homes/143066?ref=/News/Article/Colony-Capital-Buys-970-REO-Homes/143066&src=rss
via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Colony-Capital-Buys-970-REO-Homes/143066?ref=/News/Article/Colony-Capital-Buys-970-REO-Homes/143066&src=rss
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