Las Vegas Sun

August 23, 2014

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Paulson buys 875 acres at Lake Las Vegas

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Mona Shield Payne / Special to the Sun

Lake Las Vegas Resort.

Paulson & Co., the hedge fund run by billionaire John Paulson, purchased more than 875 acres of land in a resort community in the Las Vegas area, a bet on a housing recovery in the region as the supply of homes shrinks.

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