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Single-room occupancy (SRO) is a type of low-cost housing typically aimed at residents with low or minimal incomes, or single adults who like a minimalist lifestyle, who rent small, furnished single rooms with a bed, chair, and sometimes a small desk. [1]
Compass, Inc. operates a residential real estate brokerage in the United States. [4] [5] It has approximately 29,000 agents, who are generally independent contractors, on its platform. [2] In 2023, the company completed 178,848 transactions for a gross dollar value of $186.1 billion. It had a market share in the U.S. of 4.5%. [2]
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.
The deal with the Chicago firm failed. By 2010 Hill and his business partners began a planned over $10 million renovation of the building. [1] In 2007 a vehicle driving in the apartment complex's garage punched through the wall of the garage and landed wheels up on another downtown building. The driver died in the crash. [3]
In 2013 and 2015, Griffin purchased homes in Aspen, Colorado, for $10 million and $12.8 million respectively. [184] [190] In 2017, Griffin purchased a penthouse apartment atop the No. 9 Walton luxury condo tower in Chicago's Gold Coast for $58.75 million. The purchase broke the record for the most expensive sale in Chicago history.
A year after the bankruptcy, Blackstone was sued by creditors of Extended Stay America alleging that Blackstone "skimmed" US$2.1 billion off of the sale to Lightstone and knew that the amount of debt would have been unsustainable for the hotel chain; Blackstone settled the lawsuit in June 2013 for US$10 million. [17]
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