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GE makes $2.2b real estate buy

http://www.boston.com Posted by phd 2062 days ago

General Electric is moving from the financing business into the commercial real estate ownership business with a $2.2 billion move. Commercial property, unlike the residential real estate market, is doing very well.

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  • #1 | rating: 0 | I'd like to rate this comment.
       Of course, here in Michigan, GE lending has been told to cease new commercial loans. Gads, what does their 5 year forecast hold for Michigan?
    written by BlackTieTodd 2062 days ago


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