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If You Sell a House These Days, the Buyer Might Be a Pension Fund


Provided by
Dow Jones
By Ryan Dezember | Photographs by Jeff Lautenberger for The Wall Street Journal
A bidding war broke out this winter at a new subdivision north of Houston. But the prize this time was the entire subdivision, not just a single suburban house, illustrating the rise of big investors as a potent new force in the U.S. housing market.
D.R. Horton Inc. built 124 houses in Conroe, Texas, rented them out and then put the whole community, Amber Pines at Fosters Ridge, on the block. A Who s Who of investors and home-rental firms flocked to the December sale. The winning $32 million bid came from an online property-investing platform, Fundrise LLC, which manages more than $1 billion on behalf of about 150,000 individuals. ....

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End of the Wembley era


John Phelan
AT approximately 5pm on Saturday, April 18, 1964, the Crook Town supporters in Wembley Stadium rose to applaud their team as they did a lap of honour round the famous pitch while holding aloft the FA Amateur Cup after beating Enfield 2-1 in the final.
It was Crook s fifth Amateur Cup success, and their fourth in 11 years. It followed their wins in 1901, 1954, 1959, 1962 and 1964, although the trophy was only won at Wembley in 1959 and 1964.
After the final at Wembley in 1954, two replays were needed, one at St James’ Park, Newcastle, the second at Ayresome Park, Middlesbrough, which resulted in a 1-0 win over Bishop Auckland. ....

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