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Paulson's Investment in CB Richard Ellis Can't Boost Real Estate Sector Today (CBG, CBL, CMO, NLY)

June 10, 2009 4:13 PM EDT
CBG Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)
Stocks in the Real Estate Operations sector are underperforming the broader markets today despite news from John Paulson's Paulson & Co. that it has invested $100 million in commercial real estate servicing firm, CB Richard Ellis (NYSE: CBG). Shares of CBG spiked more than 14% today.

As the investment by Paulson (who made billions shorting housing over the last few years) should certainly be a positive for the sector, other factors are weighing on the group today:

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