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Medical Properties Trust failed to tell its investors that regulators blocked a revenue-boosting deal struck with Prospect Medical Holdings earlier this year.
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The conspirators disguised the embezzled money as purported real estate development loan disbursements.
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The need for more affordable housing is staggering, CEO Yuri Geylik says.
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A state representative filed a ballot petition to put the divisive issue in front of voters at the state election in November 2024.
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Alpha Management Corp., known as one of the most complained-about landlords in the city, acquired two multifamily properties in Boston and Newton for $23M.
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The REIT's unsecured credit rating was downgraded one notch due to the challenges in the office market, but Moody's said it has a stable outlook.
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Despite this year's low multifamily sales volume, the major homebuilder is seeking to sell a massive portfolio that could reportedly fetch $4.5B.
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The hotel giant has added more than 350,000 rooms since the end of 2019 as part of its expansion strategy, executives said in a meeting with investors.
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It is the latest victory for the supporters of Measure ULA, also known as the mansion tax.
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The property at Eighth and H streets NW was last occupied by Asian Spice, which closed in 2017, and it is being marketed as a redevelopment opportunity.
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