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October 22, 2020

Maryland Airport Slated To Be Developed Into Large Housing Project

A private airport in the D.C. suburbs could soon be shuttered to make way for a residential development.

Maryland Airport Slated To Be Developed Into Large Housing Project

St. John Properties filed an application that is scheduled to be heard next week by the Prince George's County Planning Board to build 509 residential units on the site of the Freeway Airport in Bowie. The 132-acre airport property sits at the…

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Amazon Adds One-Hour Pickup At All Whole Foods, Moves To Expand New Grocery Concept

Amazon is rolling out no-extra-charge grocery pickup within one hour of an order for its Prime members at all of the company's Whole Foods locations, the company announced in a blog post on Wednesday. Nationwide, there are 487 Whole Foods stores. Soon, those will be joined by more Amazon Fresh stores, as the company ramps up the store count of that concept.

Amazon Adds One-Hour Pickup At All Whole Foods, Moves To Expand New Grocery Concept

The move represents a further expansion of the service for Amazon, which the company has been offering since early in the coronavirus pandemic at an increasing number of locations. The growth was in response to spiking customer demand for groceries, as well as their increasing reluctance to spend time inside…

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Investors Are Playing Offense And Defense At The Same Time, On A Shifting Field With No Playbook

The coronavirus crisis presents a challenge unlike almost any other real estate downturn in living memory — how to play defense and offense at the same time.

There is a paradox at work. The U.S. and UK are facing historic recessions and big swathes of tenants are unwilling or unable to pay their rent. As a result, most real estate investors will have to deal with at least some problem assets in their portfolios. But those same issues create opportunities for investors, who have huge amounts of capital at hand to invest in the sector. Often it will be the same firms fighting fires and trying to take advantage of new opportunities. But how does that work in practice? 

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Here's What Could Happen To The EB-5 Program In A New Administration

 

The EB-5 immigrant investor program, which has been used to fund major development projects throughout the United States, has been limping along for the past few years, and some have even predicted its demise after rules were tightened last summer.

How might the program, which awards U.S. green cards and visas to foreigners who put a minimum of $900K into a U.S.-based project that creates or retains at least 10 U.S. jobs, fare under a Biden presidency vs. a second Trump administration? That’s a question on the minds of wealthy would-be immigrants, as well as U.S.-based developers happy to borrow money from them cheaply.

The answer, though, is fraught with politics.

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Y'Allywood Is Catching The Eyes Of Investors After Blackstone's Big Studio Deal

ATLANTA — Blackstone's eyebrow-raising investment into a large film studio complex has shone a spotlight on one of the country's fastest-growing film and TV production markets: Georgia, or as the burgeoning industry is known locally, Y'allywood.

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