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This month, the D.C. Council passed a 15-year exemption for new buildings from going through the Tenant Opportunity to Purchase Act process.
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A wave of consolidation has descended on the CRE landscape after two years of stalled activity. Large buyers are drawn to the scale of a portfolio acquisition.
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Attorneys general from Washington, D.C., Maryland, New Jersey and Kentucky said the proposed fines "reflect very low recoveries compared to the harms suffered."
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The $210M sale included the popular Krog Street Market.
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Sterling Organization bought the 109-acre The Village at Allen shopping center from an affiliate of DLC Management Corp. and American Realty Advisors.
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The future in multifamily is fewer garages and increased space flexibility.
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Another round of this week's deals
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Affordable housing players in South Jersey say statewide regulations have worsened the region's attainable unit shortage.
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The women making waves in the real estate world
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The forecast for renters in San Antonio this year may be great, but a mix of economic factors already is making it tougher to invest in multifamily properties.
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