Tenants
The years-long battle between the D.C. Attorney General's Office and Sanford Capital, a landlord notorious for subjecting tenants to squalid conditions, has come to a close. Following a settlement, the arrangement overseeing repairs and restoration at a Congress Heights apartment building has been dissolved, and ownership of
Landlord-tenant relations
A recent decision by the Landlord and Tenant Board of Ontario highlights the consequences of persistent rent payment delays. The case, Amelin Property Management vs. Jayson Onofrio (TSL-17022-20), was heard on March 23, 2021, with the landlord, Amelin Property Management, seeking to terminate the tenancy and evict the tenant due
Real estate investment trusts
The Frankfurt Stock Exchange has welcomed two new exchange-traded funds (ETFs) from Credit Suisse Asset Management, allowing investors to gain exposure to sustainable and environmentally responsible investments. The CSIF (IE) FTSE EPRA Nareit Developed Green Blue UCITS ETF and the CSIF (IE) MSCI USA Small Cap ESG Leaders Blue UCITS
Real estate investment trusts
The Treasury Department has released final regulations on June 24 clarifying that the tax code's section 199A 20% deduction applies to qualified REIT dividends received by mutual fund shareholders. This decision is in line with the recommendations made by the National Association of Real Estate Investment Trusts (NAREIT)
Real estate industry
Deutsche Bank upgraded shares of Intu Properties PLC to a buy rating, citing increased optimism in the company's performance. The firm currently has a GBX 380 ($5.75) price target, up from their previous target of GBX 280 ($4.24). This upgrade comes as part of Deutsche Bank&
Real estate industry
Intu Properties PLC, a leading Real Estate Investment Trust (REIT) in the United Kingdom, has been upgraded to a buy rating by Deutsche Bank, in a report issued by the firm on Wednesday. This change in rating comes as part of a broader series of actions taken by Deutsche Bank
Real estate industry
The Financial sector has been experiencing a mixed trading day with some stocks pushing lower and others gaining. The Dow Jones Industrial Average is up 60 points (0.3%) at 17,380, while the NYSE advances/declines ratio is at 2,141 issues advancing vs. 842 declining with 156 unchanged.
Real estate industry
Inland American Real Estate Trust, Inc. has made a significant move in the retail market by acquiring the 207,561-square-foot Quebec Square shopping center located in Denver, Colorado. The property was purchased for $52.25 million, with a high occupancy rate of 97%. The center is shadow-anchored by a Walmart
Real estate industry
As the demand for solar energy continues to rise, retailers and real estate investment trusts (REITs) are at the forefront of its adoption. Costco, Ikea, Kohl's, Staples, and Walmart are among the top 10 solar-embracing companies, according to a report by the Solar Energy Industries Association. Meanwhile, two
Real estate industry
Holliday Fenoglio Fowler, Inc. (HFF) arranged $76.6 million in financing for Ten Almaden, a 309,255-square-foot, transit-oriented office building in downtown San Jose, California. The three-year, floating-rate loan was placed with Bank of America on behalf of KBS Capital Advisors for KBS REIT III. The loan proceeds were used
Real estate industry
Top real estate executives in Chicago have unique backgrounds, from their undergraduate and graduate studies to their extensive experience in the field. The list includes notable names such as Samuel Zell, Chairman of Equity Group Investments LLC, who graduated from the University of Michigan and has an undergraduate and graduate
Real estate industry
Greece's foreign investment landscape underwent significant transformations in 2013 and 2014, with net foreign direct investment (FDI) inflows witnessing substantial growth. The country's entry into the European Union in 2001 made it a more attractive destination for multinational companies, but since the EU's 2004
