Blau Says Related Hopes to Acquire Bank Within Next Year: Video
Posted on December 20th, 2009 by admin
Dec. 16 (Bloomberg) — Jeff Blau, president for Related Cos LP, talks with Bloomberg’s Betty Liu about the firm’s strategy to purchase a bank aimed at refinancing distressed commercial properties.
Blau also discusses the outlook for the commercial real-estate market and Related’s failed bid to acquire the assets of failed condominium-lender Corus Bankshares Inc. (Source: Bloomberg)
Duration : 0:4:19
[youtube T-OnDFmHwDk]