The government says Fannie Mae and Freddie Mac will be allowed to retain $45 billion worth of their earnings this year, as part of a plan to help the government-sponsored entities return to private ownership. The vast majority of Fannie’s and Freddie’s profits have gone to the U.S. Treasury Department ever since they went into
Big Investment Companies Buying Up Atlanta Foreclosures One At A Time
FHFA announced earlier this month that the planned bulk sale of Fannie Mae REO’s in Atlanta, Georgia has not produced a winning bidder. But this does not mean that Atlanta’s huge stock of foreclosures are not selling.
Inland Real Estate Group Among 10 Largest Equity Managers
Inland Real Estate Group of Companies Inc. named as one of the 10 largest managers of real estate equity assets in the world. With total managed assets in excess of $25.8 billion, Inland has managed to accomplish what not many could, ranking it among the top. Inland Institutional Capital Parnters strategy is to seek out large-scale investment opportunities for institutions, as well as Inland’s own real estate companies. They first launched their institutional fund in 2005 and have since formed investment partnerships in some of the worlds largest pension funds.