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20.12.25 - 18:12
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Dollar General agrees to pay $15m to settle price-gouging claims (The Guardian)
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Company settles allegations it failed to honor shelf prices in multiple states, and customers anywhere in US may be eligible for repaymentsDollar General, the retail giant that promises “convenience, quality brands and low prices”, has agreed to pay at least $15m to settle claims that it overcharged customers at many of its 20,000 US stores.The settlement resolves lawsuits in multiple states alleging that shoppers at the dollar-store chain often see one price on the shelf but pay a higher price at the register. Customers anywhere in the US may be eligible for repayments. Continue reading......
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16.12.25 - 15:03
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$65.9 Million Net-Leased Portfolio 70 DST Fully Subscribed, Strengthening ExchangeRight′s Essential Income REIT Pipeline (Business Wire)
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PASADENA, Calif.--(BUSINESS WIRE)--#1031exchange--ExchangeRight has announced the full subscription of Net-Leased Portfolio 70 DST, reflecting continued demand for the company's historically recession-resilient net-leased offerings that support the growing acquisition pipeline of ExchangeRight's Essential Income REIT. The $65.89 million portfolio of net-leased real estate, backed by primarily investment-grade companies operating in necessity-based industries, provides investors with monthly distributions at a current rate of 5.00% covered 100% by in-place revenues from the offering. Net-Leased Portfolio 70 DST is a closed offering and is not accepting new investors.
The portfolio comprises 15 long-term net-leased properties diversified across 14 markets in 11 states and 198,723 square feet. The properties are occupied by national tenants including Tractor Supply, Dollar General Market, Sherwin-Williams, Dollar Tree, and Daybreak Market & Fuel, with an initial weighted-average lease term of 15.3 years.
A...
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