Paulson Starts Lot Disposition Program

Paulson Starts Lot Disposition Program

During the bottom of the housing market, hedge fund magnate John Paulson (who famously shorted the subprime mortgage market earning himself an estimated $4 – 5 billion in the process) amassed approximately 35,000 residential lots throughout the country representing a $770 million bet on the housing recovery. To put that in perspective, Paulson’s land inventory is equivalent to that of the 10th largest US homebuilder. Apparently, the time has now come for Paulson to harvest his investment with the onset of his lot disposition program.

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Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

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