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JMB Realty was a real estate investment company based in Chicago. In 1993, after suffering during the early 1990s recession , the company spun off its retail properties as Urban Shopping Centers, Inc. , which was acquired by Rodamco in 2000 and broken up.
Real estate transfer taxes are different from property tax, estate tax and gift tax. ... 800-290-4726 more ways to reach us. Sign in. Mail. ... it may be paid by the buyer or split between the two.
The landmark case that has been used to determine active trade or business requirement is Estate of Lockwood v. Commissioner, 350 F.2d 712. Other relevant sources are Revenue Ruling 2003-38, which entails whether an expansion of a corporation's business constitutes a new or continuing business under Reg. 1.355-3(b)(3)(ii).
RTC literature in the Federal Deposit Insurance Corporation history exhibit. The Resolution Trust Corporation (RTC) was a U.S. government-owned asset management company first run by Lewis William Seidman and charged with liquidating assets, primarily real estate-related assets such as mortgage loans, that had been assets of savings and loan associations (S&Ls) declared insolvent by the Office ...
Stewart Information Services Corporation (SISCO) is a real estate information, title insurance and transaction management company. Wholly owned subsidiaries, Stewart Title Guaranty Co. and Stewart Title Company offer products and services in the United States and abroad through its direct retail operations, independent agencies in the Stewart Trusted Provider network, and other companies.
On June 7, 2005, Catellus Development Corporation announced it will merge into ProLogis (NYSE: PLD) for $3.6 billion ($5.5 billion in 2018 dollars). [5] The deal closed on September 15, 2005. In late 2010, The private equity firm TPG Capital announced its intent to acquire a collection of real estate and the Catellus trademark from ProLogis. [6]
Wirtz Corporation is an American holding company headquartered in Chicago, Illinois. It was founded in 1926 by Arthur Wirtz as a family-owned corporation to oversee his real estate holdings. [ 1 ] The company shortly thereafter expanded into liquor distribution. [ 2 ]
Corporate real estate is the real property held or used by a business enterprise or organization for its own operational purposes. A corporate real estate portfolio typically includes a corporate headquarters and a number of branch offices, and perhaps also various manufacturing and retail sites. [1]