Warren Buffet

Not really.

While there is frothy excitement in social media circles that Warren Buffet’s holding company, Berkshire Hathaway Inc., is mentioned in the same sentence as “distressed real estate” his firm is a special servicer, not a buyer of distressed real estate. One of his holdings, Berkadia, has a portfolio of $240 billion and is now the country’s third largest special servicer. They jumped up in the rankings with the purchase of Capmark Financial Group in December 2009. It will be interesting to see how they utilize this servicing platform and the AA credit rating of Berkshire Hathaway to add to his mid-11 digit personal fortune.

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