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Washington Prime Group Inc. is an American real estate investment trust that invests in shopping centers. The company is organized in Indiana with its headquarters in Columbus, Ohio. [1] From January 2015 to September 2016, the company had the name WP Glimcher. On June 13, 2021, Washington Prime filed for Chapter 11 bankruptcy. [2]
In March 2015, the company acquired Michigan-based Macquarie Equipment Finance, Inc. from Sydney, Australia-based Macquarie Group for $458 million. [ 60 ] [ 61 ] [ 62 ] In January 2016, Huntington announced it would purchase Akron -based FirstMerit Corporation for $3.4 billion, making the FirstMerit Tower in Akron, Ohio , have the Huntington ...
Hertz Investment Group is a real estate investment company. The company was founded by Judah Hertz in 1977. [1] In 2003, the company acquired four buildings in New Orleans, three from Simon Property Group at a cost of $36 million. [2] The company sold The Hyatt at Capitol Square in Columbus, Ohio for $19.5 million in 2011. [3]
In 1999, the company received a $1 billion investment from Nomura Holdings to build 4 shopping centers. [4] On January 26, 1994, the company became a public company via an initial public offering. [1] In 2004, the company sold 25 properties for $103.1 million. [5] [6] In 2007, the company sold University Mall in Tampa, Florida for $149 million. [7]
Namdar Realty Group is an American shopping mall investment company based in Great Neck, New York. They primarily purchase dying or dead shopping malls with partner Mason Asset Management . [ 3 ] [ 5 ] Namdar and Mason are both family owned, and as of 2021, own over 400 properties including 100 plus malls.
CBRE Group, Inc. (an initialism of Coldwell Banker Richard Ellis) is an American commercial real estate services and investment firm. [2] It is the world's largest commercial real estate services and investment firm (based on 2022 revenue).
Real estate investment clubs have been booming since the 1990s, [2] so much so that the National Real Estate Investors Association was formed in the United States late 1990s. By 2002 the US Real Estate Investors Association had 44 active affiliated groups, and by 2008 they had over 230 groups.
A real estate investment association (REIA) is a trade organization for real estate investors.The purpose of a REIA is to provide networking opportunities, educational events, to advocate on behalf of the industry, to help members connect with the local community and to bring buying power to the members in the form of local and national discounts.
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