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The corporation filed for bankruptcy in 1989, and reorganized as Cardinal Realty Services, Inc., a real estate ownership and management company. Cardinal Realty Services, Inc. was listed on the New York Stock Exchange [CRSI] before merging with Equity Residential. [3] Ownership of many properties transferred to Equity Residential. Today many of ...
City Center, formerly known as CentrePointe, [1] is a residential, commercial, and retail building in downtown Lexington, Kentucky that opened in 2020. [2] The plan consists of a 12-story office tower incorporating premium luxury condominiums in its top three floors, two hotels, retail spaces and an underground parking garage.
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Between 1973 and 2018 McCormack Baron Salazar developed more than 21,000 homes and 1.4 million square feet of commercial space across 197 developments in 46 cities and 22 states, DC, Puerto Rico and the USVI. Community development projects include 37 HOPE VI and Choice Neighborhood developments creating more than 10,500 mixed-income homes ...
Lexington is a consolidated city coterminous with and the county seat of Fayette County, Kentucky, United States.As of the 2020 census the city's population was 322,570, making it the second-most populous city in Kentucky (after Louisville), the 14th-most populous city in the Southeast, and the 59th-most populous city in the United States.
The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent. The owners don't usually even know who the tenants are. The property management company usually keeps 10-15% of the rent amount and shares the rest with the property owner.
In 2011, Lightyear Capital partnered with Clarion's management to acquire Clarion from ING for $100 million. [1] [3] [9] [10] [11] In 2016, Lightyear Capital sold Clarion to Legg Mason for $585 million. [12] [13] In 2021, Franklin Templeton Investments acquired Legg Mason for $4.5 billion. [14]
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