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L&L and pension fund are planning $4B spending spree

L&L Holding Company is teaming up with a large domestic pension fund to go on a $ 4 billion spending spree in New York City. The partners formed a joint venture that has $ 500 million in dry powder ready to deploy in order to go after new value-add deals, L&L president Robert Lapidus told The Real Deal. “The objective here is for us to have an identified capital source up front in order to move even […]


The Real Deal New York

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