Hedge funds seeking the hottest trade of 2013 are turning to skyscrapers, shopping malls and hotels after last year’s rebound in residential real-estate drove the industry’s best gains.
Boaz Weinstein, founder of Saba Capital Management, and Tom Kempner of Davidson Kempner Capital Management cited commercial property bonds as their best investment idea last week at the EnTrust Investment Summit in New York, according to a person who attended and asked not to be named because it was a private event.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
Most Popular Articles
Latest Articles
UWM fails to submit revised bid for Two Harbors, seller says
Two Harbors Investment Corp. said in a letter on Monday that UWM Holdings Corp. failed to submit a revised offer to buy the company or request to extend a waiver period to negotiate.
-
MLSs should negotiate data licensing together under an alliance
-
Brokerages say 97% of real estate agents use AI, the results tell a different story
-
MLS and portal battles are an unforced error for real estate
-
NAF’s Shannon Robinson on home equity’s central role in retirement planning
-
Tribal knowledge built this business. It can’t carry it.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio