In real estate, a letter of intent refers to an initial agreement that is non-binding for two or more parties entering into a real estate agreement. Letters of intent are common fo...
Real estate is "property consisting of land and the buildings on it, along with its
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GE Capital Real Estate
is selling the management arm of the fund to Valad Europe, which is controlled by private-equity company Blackstone Group LP. Valad also is co-investing in the fund, and GE Capital Real Estate
will continue to retain a ... More »
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