Friday, July 13, 2012

Blackstone, Hovnanian in Land-Banking Deal - Wall Street Journal


Blackstone, Hovnanian in Land-Banking Deal
Wall Street Journal
By VICTORIA STILWELL Hovnanian Enterprises Inc. will join with the credit arm of Blackstone Group LP in a land-banking deal for up to $125 million designed to help the cash-strapped home-building company capitalize on a recovering housing market.
Blackstone Buying Land Parcels From Builder HovnanianBusinessweek
Blackstone unit to buy land parcels from HovnanianReuters
Hovnanian Swaps Drop, Bonds Climb on Lot Deal With BlackstoneBloomberg
CBS News -Chicago Tribune
all 22 news articles »

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