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Follow on Google News | Buying Distressed Real Estate from the FDIC at Real Estate Leaders Forum 2010Top Real Estate Minds to Share Insights on Buying Portfolios from the FDIC at GoldenNetworking.com's Real Estate Leaders Forum 2010
By: GoldenNetworking.com Real Estate Leaders Forum 2010 will include a panel on "What You Need to Know to Acquire Assets from the FDIC" The FDIC has in recent months unexpectedly found itself awash in real estate assets. Lennar Corporation just announced the closing of two structured transactions with the FDIC for loans with a combined unpaid balance of $3.05 billion; as the FDIC takes over more banks, distressed real estate investors can expect more opportunities in the future. Questions that this panel will answer include: • What are the pros and cons of buying assets from the FDIC? • Is loss sharing a pre-requirement to jump into action? • Which type of assets our experts wouldn’t touch with a 10-foot pole? GoldenNetworking.com's Real Estate Leaders Forum 2010 is produced by GoldenNetworking.com, the premier networking community for business executives, entrepreneurs, investors and diplomats, founded by former McKinsey consultant Edgar Perez. Upcoming Leaders Forums and Business Networking receptions include: • High-Frequency Trading Happy Hour, (http://www.HFTHappyHour.com), May 3rd, New York City • Venture Capital Leaders Forum 2010, "Setting the Stage for Transformational Change" (http://www.VentureCapitalLeadersForum.com), May 13th, 2010, Boston, MA • High-Frequency Trading Leaders Forum 2010, "Innovating and Profiting from High-Frequency Trading in 2010 and Beyond" (http://www.HFTLeadersForum.com), May 27th, New York City Panelists, speakers and sponsors are invited to contact GoldenNetworking.com by sending an email to eperezs@optonline.net. GoldenNetworking.com has been frequently featured in the press, including recent articles in The New York Times, "GoldenNetworking.com Helps Job Seekers Make Overseas Connections" # # # GoldenNetworking.com is the premier networking community for businessmen, entrepreneurs, professionals and diplomats, to experience what’s hot, new and next End
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