New Beginning founder planning housing fund
Thought to be a distressed mortgage acquiring partnership
Ross Maguire, the co-founder of debt adviser New Beginning, is planning a housing fund with a major backer, The Sunday Business Post understands.
The fund is thought to be a version of the ill-fated distressed mortgage acquiring partnership which New Beginning attempted previously with the Irish fund Arizun. That business model aimed to allow families to remain in their homes on long leases, but it has not been confirmed if the new fund will do...
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