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In early December, the City of Chicago raised sorely needed cash — roughly $1.83 billion — by leasing most of its parking meters to a consortium of three infrastructure funds for 75 years...
The tougher financing climate is prompting some tenant-in-common sponsors to pursue a more “lender-friendly” alternative — the Delaware Statutory Trust...
Until recently, Vintage Senior Living was a relatively small owner and operator with less than a dozen properties in its portfolio. Now, the company has vaulted into the major leagues of seniors housing investment following its $225 million joint...
American Continental Properties, LLC appointed Levin Management Corp. as leasing and managing agent for Monroe Plaza, a 156,000-sq.-ft. grocery-anchored shopping center in Monroe, N.Y...
Someone told me recently auto parts stores are counter-cyclical and tend to do well in recessions. That's because people aren't buying new cars. Instead, they focus on keeping their existing cars in good shape. Apparently, however, that's not the...
William A. Alter, real estate developer and chairman and CEO of The Alter Group, died Aug. 8 at his home in Winnetka, Ill. He was 78. Although he battled Alzheimer's for several years, he ultimately succumbed to complications from pneumonia. Alte...