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Looking back, the housing industry is totally Scrooged

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Deutsche Bank said to fold real estate adviser group

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Deutsche Bank AG, Germany's largest lender, is dismantling a group that advises companies on commercial real estate transactions, according to people with knowledge of the matter. Warren Friend, a managing director who ran the New York- based division, may be leaving the bank, said the people, who declined to be identified because the move hasn’t been announced.

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