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Article: Lend Lease completes purchase of AMRESCO mortgage holdings.(Lend Lease Real Estate Investments Inc.)(Brief Article)(Statistical Data Included)
- Article from:
- Real Estate Weekly
- Article date:
- April 5, 2000
CopyrightCOPYRIGHT 2000 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Lend Lease Real Estate Investments, Inc., the U.S. subsidiary of Lend Lease Corporation Limited, today completed the acquisition of AMRESCO, Inc.'s five commercial mortgage businesses: AMRESCO Capital Limited Partnership, Holliday Fenoglio Fowler, Real Estate Structured Finance, AMRESCO Services Limited Partnership, and Asset Management. The US$258.7 million cost to Lend Lease comprises a US$202.7 million cash payment to the sellers, US$21 million in contingent cash payments, a US$25 million holdback note to the sellers extending up to three years, and US$10 million in management incentives. The acquisition has been funded out of cash and available facilities, and is ...
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Article: ERE Yarmouth Changes Name to Lend Lease Real ...
Business Wire;
July 13, 1998 ;
700+ words
... ... has changed its name to Lend Lease Real Estate Investments, Inc. effective ... chief executive officer of Lend Lease Real Estate Investments, said, "Lend ... CONTACT: Jonathan D. Miller Lend Lease Real Estate Investments, Inc. (212 ...
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