Lennars Sweet Land Deal: Is the FDIC Bullish On Commercial Real Estate? - Deal Journal - WSJ
Discovered on 2010-02-11 11:23:39 · http://blogs.wsj.com/deals/2010/02/11/lennars-swee Home builder Lennar’s recent purchase of $3.05 billion of land and unfinished housing developments from troubled banks with government financing shows that the Federal Deposit Insurance Corp. isn't selling at rock-bottom prices.