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The city has issued a notice of default to Clark Construction Group and claims the city is entitled to damages.
The deal is expected to close on or around Feb. 4.
Nobody wants a war, but it is a reality that there are business opportunities in any large-scale political event.
As the cycle nears its end, one observer sees fund managers, lenders, private equity firms and institutional investors are getting ready for the next recession.
With $800 million in contracts expected to close quickly, the building is well on its way to a planned $1 billion sellout.
The $25 million fund will deploy low-cost capital to qualified developers and sponsors.
A changing composition of total returns, new pricing and underwriting are hallmarks of the current market cycle.
A new Urban Land Institute Report states building owners often want to go green, but have several constraints.
The sector produced sky-high returns and strong transaction volume, but one factor could slow growth in 2020.
Anchor Health Properties plans to spend about $3 million for upgrades.