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IPFS News Link • Economy - Economics USA

Lennar's New Homes Fetch 60% Less as U.S. Market Slump Deepens

1-10-08 • Bloomberg.com

That's how much Morgan Stanley Real Estate paid for an 80 percent stake in the 32 communities, 60 percent less than the price at which the properties were valued just two months earlier.

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Lennar's New Homes Fetch 60% Less as U.S. Market Slump Deepens

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