Apr 22, 2008
Mortgage REIT Insider: Agency REITs on the Rebound
“Since CapitalSource will be inheriting $3 billion of cash and short-term investments, which can be used to pay down credit facilities, we believe this transaction greatly reduces liquidity risk over the near term”
On the M&A front, commercial mREIT CapitalSource snagged struggling Fremont General's 22 Southern California bank branches, a move investors initially cheered. via Housing Wire
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