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	<title>Bored of Real Estate &#187; investors</title>
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		<title>$5.4B complex in foreclosure</title>
		<link>http://dentonrealestate.com/web_log/2010/02/09/5-4b-complex-in-foreclosure/</link>
		<comments>http://dentonrealestate.com/web_log/2010/02/09/5-4b-complex-in-foreclosure/#comments</comments>
		<pubDate>Tue, 09 Feb 2010 20:18:16 +0000</pubDate>
		<dc:creator>David</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[foreclosures]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[real estate]]></category>

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		<description><![CDATA[Looks like some investors in New York are going to lose their housing project since they failed to make their $16M loan payment in January.  The property was originally bought in 2006 for $5.4 billion &#8230; though now it&#8217;s worth a paltry $1.8 billion.
I guess that&#8217;s one of the benefits of using &#8220;other peoples [...]]]></description>
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