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Dundee REIT was formed in 2003, from the commercial properties of Dundee Realty. [1] The remainder of Dundee Realty was taken over by its major shareholder, Dundee Bancorp (now called Dundee Corporation). [1] In 2007, the company sold its Eastern Canadian assets to GE Real Estate for $2.4 billion, while retaining its Western Canadian assets. [2]
In the 1920s, Florida was in the midst of high real estate activity, where the state saw inflated real estate values and many coming into the state eager for profits. The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street crash of 1929 forcing little development in the state and a land bust. [6]
In the United States the Census Bureau keeps track of vacancy rates. [1] In Canada Canada Mortgage and Housing Corporation measures vacancy rates of 25 metropolitan areas and for the 75 largest Metropolitan Statistical Areas (MSAs) across the country [2] and publishes the findings semi-annually in June and December.
It’s obvious that high vacancies and low pay create stress for state employees and teachers in North Carolina, but the comment from state Department of Transportation Secretary Joey Hopkins was ...
In June 2020, Goldman sold La Querida to its current owners, Carl and Mary Jane Panattoni, for $70 million. Carl Panattoni is the owner and founder of Panattoni, an international real estate and warehouse developer. The Panattonis gained approval from town commissioners in October of that year for a few landscape changes and the removal of the ...
Highest and best use (or highest or best use; HBU) is a concept in real estate appraisal that originated with early economists such as Irving Fisher, who conceptualized the idea of maximum productivity. [1]
DGS builds all non-highway Capital projects, procures nearly $4 billion of goods and services, serves as the real estate agent for state-owned land and leases, oversees the Commonwealth vehicle fleet, maintains all state-owned facilities, implements an energy-management and conservation initiative in all state-owned buildings, serves as the ...
Levitt was the cover story in Time magazine for July 3, 1950, with the tag line "For Sale: a new way of life." [9] In 1952, people started buying over 17,000 Levitt-built homes in Bucks County, Pennsylvania. In addition, the company built Willingboro, New Jersey, which still has street names such as Levitt Parkway.