Foreign investment funds including Cerberus have also been active buyers of Japanese companies.
For active older buyers with a sense of adventure and the right budget, living near the slopes is definitely on the up.
Trading was dominated by a Government report on retail sales that showed consumers were much more active buyers last month than analysts had thought.
Mr. Grindley was the most active buyer that day, spending a total of $1.6 million.
But it is precisely the ability to bid only for the good assets that makes banks active buyers.
In addition to building apartments, Bay is an active buyer of older properties that it renovates.
On the other hand, he said, they are not active buyers either, seeing no compelling reason to buy stock.
Long-term rates in other countries, where foreign banks have not been such active buyers, have also dropped, he said.
Publicly traded companies that had been shedding hotel properties are now among the most active buyers.
American museums with large acquisitions budgets are active buyers both here and abroad.
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