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Real Estate Rumors: Erste, Harbor Group, Ceruzzi

By Natalie Rodriguez (September 10, 2015, 11:49 AM EDT) -- Erste Group Bank AG reportedly pulled the plug on the sale of a €2.7 billion ($3 billion) group of bad loans, dubbed Project Neptune, after bids from Blackstone Group LP and Lone Star Funds came in too low, according to a Bloomberg report on Thursday, which cited unnamed sources. The portfolio of loans came from Banca Comerciala Romana and included both real estate and corporate debt, according to the report....

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