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Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition.
Greystar Real Estate Partners is an international real estate developer and manager based in the United States. As of 2023, Greystar had over $76 billion in gross assets under management, [1] and operated in 17 countries. [3] Per NMHC report, Greystar was the largest apartment manager in the United States, with over 798,272 units as of 2024.
In 2005, Brookfield Properties acquired a 25% interest in O&Y Properties Corporation and O&Y Real Estate Investment Trust, expanding the company's real estate portfolio in four Canadian cities. [13] In 2006, the company acquired Trizec Properties, which was founded in 1960 by William Zeckendorf, builder of Place Ville Marie. [14]
In 2016, for tax purposes, the company converted into a real estate investment trust. [9] The company also sold its stake in the Brooklyn Nets and the Barclays Center to Mikhail Prokhorov , [ 10 ] sold its military housing division to Hunt Companies for $208.8 million, [ 11 ] sold Terminal Tower to K&D Group for $38.5 million, [ 12 ] and sold 7 ...
The company was initially founded for the management of Section 8 subsidized housing, most of which was financed with FHA-insured loans (i.e., 221 (d)( 4), 223(f), and 236). However, since then, the focus has been on high-end, luxury apartments in suitable neighborhoods as well as managing 221(d)(4) and 223(f) market rent projects.
Mount Vernon is a city in and the county seat of Knox County, Ohio, United States, along the Kokosing River. [4] It is located 40 miles (64 km) northeast of Columbus . The population was 16,956 at the 2020 census .
CoStar Group, Inc. is an American provider of information, analytics, and marketing services to the commercial property industry in North America and Europe. Founded in 1987 by Andrew C. Florance and based in Arlington, VA, the company has grown to include the online database CoStar and several online marketplaces, including Apartments.com and Homes.com.
Property Management Systems (PMS) or Hotel Operating System (HOS), under business, terms may be used in real estate, manufacturing, logistics, intellectual property, government, or hospitality accommodation management. They are computerized systems that facilitate the management of properties, personal property, equipment, including maintenance ...