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Oaktree Group snatches up office buildings

A unit of Oaktree Capital Group (OAK) purchased 40 office buildings for $240 million from First States Investors B, which his selling assets to repay shareholders.

The properties have 3.4 million square of space and are 90% leased to Wells Fargo (WFC).

 

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Why are existing home prices rising when sales are still so low? 

Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.

3d rendering of a row of luxury townhouses along a street

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