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Richard Stewart Jr.

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Lehman Brothers, RTC Veterans Launch $1.5bn REO Fund HW+

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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