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The Bank of America tower in Atlanta was developed by Cousins Properties and sold in 2006 for $436 million. In 2012, it sold at foreclosure for $235 million Cousins Properties Incorporated is a publicly traded real estate investment trust (REIT) that invests in office buildings in Atlanta , Charlotte , Austin , Phoenix , Tampa , and Chapel Hill ...
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.
The property is the site of the annual New Year's ball drop celebration. In 2004, Jamestown invested $300 million into the General Motors Building on Fifth Avenue in Manhattan. [6] As of 2012, One Times Square brought in more than $23 million in revenue as its billboards are visible to millions of pedestrians each year. [7]
HomeServices of America is the United States' largest residential real estate services company, based on closed transactions. The company provides real estate brokerage services, mortgage loan origination, franchising, title insurance/escrow and closing services, home warranties, property insurance, casualty insurance, and relocation services.
The project was named for Alonzo F. Herndon, who was born a slave, and through founding the Atlanta Life Insurance Company became Atlanta's richest African American. [36] [37] On June 15, 2016, Atlanta Housing Authority announced a development team has been selected to create a mixed-use mixed-income community on the site, "Herndon Square". [38]
In June 2017, it sold the property to Arden Group for $148.8 million. [6] In October 2008, the company acquired the Ordway Building, the tallest building in Oakland, California as part of a $412 million acquisition from Brandywine Realty Trust. [7] In 2008, the company completed the development of The 88, the tallest building in San Jose ...
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