Buffett puts money into Illinois homes

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An outpost of billionaire investor Warren Buffett’s holdings is being planned in south suburban Lansing.

Buffett’s company, Berkshire Hathaway Inc., is the main investor in a 125-unit senior housing center due at the southwest corner of Lorenz Avenue and Spring Lake Drive.

The billionaire’s investment is coming through Affordable Housing Partners Inc., a wholly owned subsidiary of Berkshire.

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