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So Is Barclays the Majority Owner of the Ritz-Carlton Dallas?

Posted on November 22nd, 2009 7:38am by Candy Evans
Filed under Changing market trends in Real Estate, Real Estate, Realtor News

Apparently, says Steve Brown. Steve focused on the commercial holdings in his 11/21 report, and God bless him for remembering all the “who owns” and “who sold to’s”. Morgan Stanley Real Estate, he says, basically could not make their $2 billion debt payment to the investment bank so Barclays took control of Fort-Worth based Crescent Real Estate Equities. Here’s an interesting piece from Forbes that may be seven years old but offers an interesting look at the man who Barclays has put back in the Ferrari’s Cresent drivers seat, John Goff. Goff’s modus operandi, “buy what someone else is particularly anxious to sell”, ought to give him plenty of shopping opportunities in this market.

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