Pension funds still avoid housing NORTH SPORTS FINAL, CN Edition

For much of the past year, builders and advisers to builders have spoken wistfully of the day when pension funds will fund housing projects. But so far, any serious home-building money from pension funds is just talk. Mark Held, president of the recently renamed Building Industry Advisors Inc. (form...

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Bibliographic Details
Published inChicago tribune (1963)
Main Author Andre Mouchard, Knight-Ridder/Tribune News
Format Newspaper Article
LanguageEnglish
Published Chicago, Ill Tribune Publishing Company, LLC 20.06.1992
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Summary:For much of the past year, builders and advisers to builders have spoken wistfully of the day when pension funds will fund housing projects. But so far, any serious home-building money from pension funds is just talk. Mark Held, president of the recently renamed Building Industry Advisors Inc. (formerly called Building Industry Capital Realty Advisors, or BICRA), said his group is closer today than ever to raising $125 million in pension-fund construction financing for California homebuilders.
ISSN:1085-6706