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"We are excited to announce our second QOZ fund, also specifically investing in MHCs located within Opportunity Zones. Our second QOF (Qualified Opportunity Fund) is a $15-million equity raise and is about 70% subscribed,” Hales says.
A plaintiff cannot go to federal court without first going to state court, but if the case is lost there, the claim will be barred in federal court; the court overruled the state-litigation requirement because “the court was simply confused” about how the takings clause works.
The rationales for owning retail properties have been capsized in the rising tide of red ink and markets need less of it and rents need to recalibrate down. So how will it all shake out?
Recent mass shootings in El Paso, TX and Dayton, OH remind us that random shootings are in the news daily. The worst strategy is to believe it can't happen at your property.
According to the city, the firm ended crude oil refining in the complex, continued efforts to stabilize the area near the original incident and began to wind down operations. On Aug. 6, the neutralization process began for the remaining hydrofluoric acid at the site.
Bergen County secured more than half of the HUD funds at $9,078,076 in Community Development Block Grants, another $2,625,823 in federal HOME funding and another $771,935 in Energy Solution Grant funding.
The Class A project, a 220-unit multifamily development, is being built on 2.54 acres at 40 Bennett Road directly across from MacKay Park. Due for completion in 2020, the transit-oriented community offers access to Interstate 95, Route 4 and the Palisades Interstate Parkway.