Question: Could someone recommend me some good quality US listed companies that invest in distressed US real estates?
Michael Morse: not exactly sure if this is what you want but they are in the residential industry. BIR-PA Berkshire Income Realty Inc …..i don’t think it’s part of warren’s collection, just a coinky dink name is similar.
Lorenz Lrz: I’m interested in those companies invest in residential properties. They dont have to be REIT.
Michael Morse: FNMA?
Cliff Johnson: not distressed, but a lot of diversified land in US PCL(Plum Creek Timber)
Michael Morse: http://finance.yahoo.com/lookup?s=residential&t=A&b=0&m=US
Bud Labitan: Last year, billionaire Sam Zell’s Equity Group Investments LLC was seeking $1 billion for its “distressed private-equity fund.” Zell Opportunities Fund II LP makes distressed investments including asset acquisitions, secondary-market purchases and rescue capital for cash-strapped companies.