National Real Estate Ventures

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Lehman Brothers, RTC Veterans Launch $1.5bn REO Fund

Aug 18, 2009By

Richard Stewart Jr., chairman and CEO of Heritage Capital Resources, and Peter Monroe, CEO and founder of National Real Estate Ventures, on Tuesday announced they formed a $1.5bn joint venture to buy and sell distressed residential real estate-owned (REO) assets.

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

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