Not really, very few investment houses or banks own their own real estate anymore. They all learned that after going public the next step to getting large payo

Not really, very few investment houses or banks own their own real estate anymore. They all learned that after going public the next step to getting large payouts was to sell their real estate to management companies or REIT's. Or less cynically, they follow Joel Spolsky's idea of focusing on your core competence and out source the rest to others.