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04.08.26 - 23:24
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Healthpeak Properties, Inc. Q2 Profit Climbs (AFX)
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WASHINGTON (dpa-AFX) - Healthpeak Properties, Inc. (DOC) released earnings for its second quarter that Increased, from last yearThe company's earnings came in at $52.818 million, or $0.08 per shar......
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04.08.26 - 05:18
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Australia′s Housing Market Worsens (Bloomberg)
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Australia's housing downturn is accelerating, with higher interest rates and weaker investor demand driving the biggest home price declines since late 2022. REA Group Senior Economist Anne Flaherty says further falls are likely through year-end, especially in higher-priced suburbs. She discussed the outlook for Australia's housing market on "Bloomberg: The Asia Trade". (Source: Bloomberg)...
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04.08.26 - 03:42
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The Pentagon′s Hidden Housing Scandal: Outsourcing Duty Of Care (ZeroHedge)
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The Pentagon's Hidden Housing Scandal: Outsourcing Duty Of Care
Authored by Jay Rogers via RealClearDefense,
Sen. Jon Ossoff released a report on July 8 documenting lead exposure in a newborn, mold-related emergency room visits, and a cockroach infestation living inside a family's oven, all in privatized military housing at Fort Benning and Fort Stewart. Read it and you'd think it was written in 2022. It wasn't. That's the scandal: the Pentagon outsourced a duty of care to private landlords and never enforced the contracts meant to keep it intact.
I've spent thirty years in institutional investment management and now serve as an expert witness in fiduciary litigation. The pattern is one I recognize immediately: an institution hands a core obligation to a private operator, collects a fee for oversight it doesn't actually perform, and treats the delegation itself as if it discharged the duty. It didn't. Outsourcing a duty of care doesn't outsource the duty.
Congress created the Military...
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04.08.26 - 00:18
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Alexandria Real Estate Q2 Loss Narrows (AFX)
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WASHINGTON (dpa-AFX) - Alexandria Real Estate Equities, Inc. (ARE), a life science-focused real estate investment trust, on Monday reported a second-quarter net loss, which narrowed compared to la......
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04.08.26 - 00:06
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NYC Rent Freeze May Hit Mortgage Bonds (Bloomberg)
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A $506 million bet on thousands of New York rent-stabilized apartments has already soured for bond investors, and Mayor Zohran Mamdani's rent freeze is threatening to make it worse. Ran Eliasaf, Founder & Managing Partner of Northwind Group, discusses the needs in the NYC housing market and the possible impact of the city's recent moves to make it more affordable and levy new taxes. (Source: Bloomberg)...
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