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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 ...
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Greystar acquired the property management arm of Alliance Residential Co. in June 2020, [10] and in October 2020, Greystar acquired 45% of Thackeray Partners. [11] That December, Greystar partnered with Walker & Dunlop and Project Destined to create a paid internship program for students from diverse backgrounds in Durham, North Carolina . [ 12 ]
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.
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JRK Property Holdings is a Los Angeles based real estate holding and property management company. In 2014, JRK was the 15th largest apartment owner in the United States as ranked by the National Multi Housing Council.
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