The deal that Warren Buffett's Berkshire Hathaway Inc. and Leucadia National Corp. struck to buy Capmark Financial Group Inc.'s North American mortgage and servicing operations for about $490 million suggests investors are beginning to see prospects for the U.S. property market.

The agreement, announced Wednesday, comes as Capmark seeks to restructure its debt and is looking at options for its business holdings. In an earnings release Wednesday, Capmark said it might seek bankruptcy protection and raised questions about its viability.

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