Stonehenge will buy more real estate with new $500M fund

10/23/2007 |

A new $500 million equity fund gives Stonehenge Partners timely capital to take advantage of the current market for office, retail and residential property in the New York area. "... Given New York's economic strength, supply and demand imbalance and the scarcity of prime developable land, long-term value appreciation is expected," said Ofer Yardeni, one of Stonehenge's two managing partners.

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