If forced to refinance, Sotherly may have to shell out nearly $4M to pay down the debt.
The bill, which is the latest attempt to change how broker fees work in NYC, is expected to become law after the city council voted Wednesday afternoon.
The Irving City Council approved incentive agreements that will give the companies half off their property tax bills for the next decade.
Developers say they have had trouble leasing retail in some mixed-use buildings and want cities to help by loosening zoning policies.
Greystar, Blackstone, Camden Property Trust and Cushman & Wakefield are among the firms added to the suit that alleges RealPage enabled landlords to fix rents.
Monday and its partner RSN Property Group are scouting for more Atlanta apartments as well.
A Mexican toilet paper manufacturer drawn to the U.S. during the pandemic started construction on its flagship U.S. location.
The conspiring investors have been charged and are awaiting sentencing, CFO Karen Brennan said.
Affordable housing used to mean building a cinder block space and hoping people were grateful to have shelter. Now, conversations are on market-quality housing.
The sale price is a $40M discount from what Loews paid for the property in 2012.
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