"It's probably the greatest real estate asset in the world."

Those funds are used to buy, develop and manage real estate assets.

Often, when investors buy institutions, they require that the Government take on most of the bad real estate assets.

Without those commitments, the real estate assets fall just short of $5 billion.

"As a result estate assets continue to be at risk."

He said the companies had few troubles with real estate assets.

County officials said his real estate assets were worth far more than that declared value.

Acquired or developed real estate assets must be income generating and held for at least four years.

Morgan manages more than $1.5 billion of real estate assets.

Plans are to invest in prime real estate assets over five years.