30.05.2012 - Expecting a rebound, Alaska Permanent Fund to invest in foreclosures
The Alaska Permanent Fund Corporation (APFC) is eyeing troubled real estate markets to boost its portfolio. The $40-billion-dollar fund plans to make an initial investment of $400 million in the company American Homes 4 Rent LLC. The fundís board of trustees is looking at investing in depressed housing markets across the nation. Their plan is to invest through the property management firm American Homes 4 Rent LLC, which owns around 1,000 single-family homes and will scoop up foreclosed properties...............................................Full Article: Source
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