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Peebles Corporation is a privately held real estate investment and development company. Headquartered in Miami Beach, with offices in New York and Washington, DC, the company was founded by R. Donahue Peebles in 1983. The company specializes in residential, hospitality, retail, and mixed-use commercial properties, with a focus on public-private ...
Roy Donahue "Don" Peebles (born March 2, 1960) is an American real estate millionaire. [3] Peebles is the founder, chairman, and CEO of The Peebles Corporation (TPC), a privately held real estate investment and development company he established in 1983.
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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
The Garn–St. Germain Act also hugely expanded thrift lending powers, allowing them to engage in commercial real estate and line-of-credit lending, which many thrifts eagerly exploited. [14] Between 1980 and 1986, thrifts' residential mortgage holdings as a proportion of assets fell from over 80 percent to less than 60.
As of 2011, his sons J. Christopher Donahue and Thomas R. Donahue served as an executive officer and director of the company. [2] Donahue was a graduate of Central Catholic High School [3] and of the U.S. Military Academy, West Point, New York. [1] He married Rhodora (April 18, 1925 – December 12, 2022) on December 26, 1946. [4]
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According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
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