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In 1993, TCR combined its Atlanta, Dallas and Houston divisions, as well as Nashville assets to form REIT Gables Residential Trust. In 1998, it acquired TCR South Florida. [ 70 ] Gables Residential issued its IPO in 1994 Gables merged with Lion Gables Apartment Fund LP, in 2004, an investment fund managed by ING Clarion Partners and Lehman ...
Veris Residential, Inc. is a real estate investment trust headquartered in Jersey City, New Jersey, investing primarily in multifamily real estate in New Jersey and Boston. As of February 21, 2024, it owned or had interests in 22 apartment complexes, as well as a substantial land bank.
Non-profit housing developers build affordable housing for individuals under-served by the private market. The non-profit housing sector is composed of community development corporations (CDC) and national and regional non-profit housing organizations whose mission is to provide for the needy, the elderly, working households, and others that the private housing market does not adequately serve.
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In 2005, entrepreneur Dallas Tanner and several others formed the housing and apartment investment company Treehouse Group in Arizona. [5] Between 2010 and 2011, it bought 1,000 distressed houses in Phoenix, Arizona, a city heavily impacted by foreclosures caused by the subprime mortgage crisis [2] and one of the first areas where private equity investor purchases of homes for rent took place ...
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The first executive director of TDCA was Fritz Lanham, who had previously worked as the city manager of Baytown, Texas. [9] The Texas Legislature expanded the TDCA by authorizing the creation of human resource centers throughout Texas communities. [8] In March 1979, the Senate introduced SB 296 for the creation of a Texas Housing Agency (THA).
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