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03.09.26 - 14:03
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CIM Group Expands New York Portfolio with Acquisition of 134-Unit Apartment Community in White Plains (Business Wire)
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LOS ANGELES--(BUSINESS WIRE)--CIM Group announced today the acquisition of 51 South, a 134-unit apartment community in White Plains, NY, in partnership with Hulic Co., Ltd.51 South is an eight-story building located at 51 S. Broadway in the heart of White Plains. Completed in 2025, the community offers contemporary studio, one- and two-bedroom residences with access to more than 20,000 square feet of best-in-market amenities, including coworking space, indoor and outdoor lounges, and a variety of sports and recreational activities.The acquisition of 51 South further expands CIM Group's New York portfolio and reflects the company's conviction in the market. CIM has been an active owner, operator, lender, and developer in the New York metropolitan area for more than 15 years, with approximately $4 billion of equity investment across projects representing over $10 billion in total project value since 2010."We are pleased to add 51 South to our New York portfolio and make our first investment in Westch...
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31.08.26 - 09:06
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Japan Housing Starts Rise 8.2% In July (AFX)
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TOKYO (dpa-AFX) - Japan's housing starts increased for the fourth straight month in July, data from the Ministry of Land, Infrastructure, Transport, and Tourism showed on Monday.Housing starts cli......
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13.08.26 - 19:30
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Paramount Mulling California Exodus Amid Antitrust Scrutiny (ZeroHedge)
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Paramount Mulling California Exodus Amid Antitrust Scrutiny
Authored by Andrew Moran via The Epoch Times,
Paramount Skydance could be the next major company to leave California as the media giant faces intensifying antitrust scrutiny over its purchase of Warner Bros. Discovery.
Makan Delrahim, Paramount's top legal officer, said the Los Angeles-based company is “committed” to staying in California.
But he also noted that the company has “a fiduciary duty to shareholders.”
“You have to take a look at the business environment and look to see what's best for not only the community and the business,” he said at Politico's The California Agenda: Sacramento Summit on Aug. 12.
“And ultimately, you know, go to the place where you're wanted.”
In recent years, scores of American companies - including SpaceX, X, Chevron, and Oracle - have shifted their headquarters or operations out of California and into other states. KB Home, Public Storage, Yamaha Motor, and D-Wave Quantum have bee...
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