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SITE Centers Corp. (formerly DDR Corp. and Developers Diversified Realty, Inc.) is a publicly traded real estate investment trust that invests in shopping centers. Founded in 1965 by Bert Wolstein , the company is headquartered in Beachwood, Ohio .
Over time, the company became more diversified and by 1956, most of the company's operations had been concentrated in Floridian real estate and ended up changing their name to Florida Canada Corporation. Also that year, the 4 subsidiaries, which were jointly owned by each other, would be merged into one subsidiary: General Development Corporation.
During a 1981–1982 recession, the company held 1,200 condominiums that could not be sold and "was on the verge of financial collapse" when "a huge Minnesota utility"—the Topeka Group, a subsidiary of Minnesota Power & Light—agreed to buy out the company and take over. Following the takeover, Frank E. Mackle Jr. and Frank Mackle III left ...
LOS ANGELES (AP) — A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide claiming that longstanding practices by real ...
The retired NBA legend's sprawling Highland Park estate has been on the market on and off since 2012 Reuters 2 months ago Realtors group forecasts US 30-year fixed-rate mortgage averaging 6% in 2025
U.S. Route 13 is the main north–south road through Smyrna, passing through the town on Dupont Boulevard. The Smyrna Rest Area is located north of Smyrna at the junction of US 13 and DE 1 at Exit 119. US 13 and DE 1 both run south to Dover and north to Wilmington. Delaware Route 6 runs east–west through Smyrna, heading west to Clayton and ...
In 1962, the company was founded by Samuel J. Gorlitz in Washington, D.C. [3] [1] In 1999, the company was reorganized as a real estate investment trust in Maryland. [1] In 2007, founder Samuel J. Gorlitz died. [3] In 2008, the company acquired Del Mar Village in Boca Raton, Florida for $41.7 million. [4]
Gulf American Land Corporation (GALC) was a land development company in Florida founded by brothers Leonard and Jack Rosen. During the late 1950s and 1960s, GALC was the largest land sales company in the United States. [2] The company is noted for its role in the development of Cape Coral, and pioneering the sales method of installment land ...
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