Real Estate

Billionaire Paulson Buys Rest of Puerto Rico Tower, Ending Fight

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Billionaire investor John Paulson has acquired full control of a luxury real estate development in Puerto Rico that has been at the center of a bitter legal dispute.

Paulson Puerto Rico is now the 100% owner of the Vanderbilt Residences, a 22-story beachfront residential tower being built in San Juan, the company said in a statement.