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In 1998, the property was purchased by Douglas Emmett, Inc. [15] [16] [17] On January 29, 2020, a multiple alarm fire occurred at 8:30 am at Barrington Plaza causing 11 reported injuries and extensive damage to the 6th floor. Some residents were rescued by helicopter from the roof. [18]
The plaza's owner, Douglas Emmett Inc., ... They framed their fight as an effort to protect a pocket of rent-controlled apartments in a neighborhood where housing costs are sky high.
Hundreds of tenants at the Westside apartment complex Barrington Plaza were served with eviction notices last year. Many of them vowed to fight back in court.
In February 2016, Blackstone sold four office buildings to Douglas Emmett for $1.34 billion. [105] In April 2016, Blackstone acquired 84 percent of Hewlett-Packard Enterprise's stake in the Indian IT services firm Mphasis. [106] On January 4, 2017, Blackstone acquired SESAC, a music-rights organization. [107]
In 2016, it was announced by CEO Douglas Price III that the K&D Group had purchased the historic Cleveland landmark, The Terminal Tower, for $38.5 million. [4] This purchase was part of a $100 million project to transform floors four through 15 into luxury apartments .
Office and multifamily housing operator Douglas Emmett announced yesterday its second-quarter dividend of $0.18 per share, the same rate it's paid for the last two quarters after raising the ...
Realty Income Corporation was founded in 1969 by William E. Clark and Evelyn J. Clark. [4] Its first acquisition was a Taco Bell restaurant in early 1970. [4]The company used cash to purchase land needed for stores that required real estate to run, and then leased the property to the stores long term.
Here's what Home Depot reported for its fourth quarter results, compared to Wall Street estimates compiled by Bloomberg: Revenue: $39.7 billion, versus $39.13 billion Adjusted earnings per share ...