June 8, 2012

SandBoxBlogs: Aspen Daily News "Hedge-funder Paulson is $49 million Bandar buyer"

Carolyn Sackariason:
"Sale of Hala Ranch one of the most expensive real estate transactions in area’s history
Last week’s purchase of Saudi Prince Bandar bin Sultan’s Hala Ranch is one of the largest single-residence real estate transactions in Aspen’s history, and combined with other sales on the sprawling property, is by far the most generated by one owner.

It was confirmed on Tuesday that hedge fund manager John A. Paulson, president and founder of Paulson & Co., Inc. was the buyer of Bandar’s Hala Ranch in the Starwood subdivision. The entire 130-acre property is located in a gated community on the slopes of Red Mountain..."
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