GE To Buy Commercial R.E.!
Posted on March 29th, 2008 by MoverMike
This is how the world works!
General Electric (GE) plans to raise cash — $1 billion to $3 billion — from outside investors to begin investing in commercial real estate and other properties through newly established real estate investment funds.[…]
“We think it’ll be a good time to take advantage of pricing adjustments,” said Joe Parsons, chief executive of GE’s recently initiated global investment management division.
It’s all a game to move money from little pockets to the BIG pockets or major corporations and we’re the patsy.
[…] not be published) (required) Website © 2010 Owen Egerton | Entries (RSS) and Comments (RSS) …Mover Mike GE To Buy Commercial R.E.!We think it’ll be a good time to take advantage of pricing adjustments, said Joe Parsons, chief […]