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After graduation in 1959, Watson joined Gifford Grange Realty in 1960. When Grange left the business to enter politics, Watson opened his own brokerage on the Southside. He offered property management and fire and casualty insurance in addition to real estate services. Watson opened his first branch office in 1970. [1]
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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The Daily News was owned by Freedom Communications until 2012, when Freedom sold its Florida and North Carolina papers including JD News in Jacksonville, Free Press in Kinston and the Sun Journal In New Bern [6] to Halifax Media Group. Halifax Media Group owned a total of 36 newspapers which were acquired in 2015, by GateHouse. [7] [3]
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