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Real Estate Rumors: Blackstone, AEP Charter, Forest City

By Andrew McIntyre (July 31, 2017, 6:48 PM EDT) -- The Blackstone Group LP is eyeing a purchase of a majority stake in Banco Popular's property portfolio and is in exclusive talks with the firm, Reuters reported on Monday, noting that newspaper Vozpopuli had first reported the talks. The portfolio comprises roughly €18 billion ($21.3 billion) in repossessed assets and €12 billion of nonperforming loans, Reuters said. Apollo and Lone Star had earlier made bids, but those bids failed, Reuters said, citing the report from Vozpopuli....

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