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The company has purchased the 42-unit multifamily asset, Terraces at La Cienega, and plans to implement a renovation plan with the addition of 10 accessory dwelling units.
Panelists during the opening session at GlobeSt. Healthcare Real Estate conference tackled that question and reviewed a few key changes in the medical office space.
Pennsylvania Real Estate Investment Trust CEO Joe Coradino says on the firm's Q3 2021 results that the REIT is focused on selling weak properties, taking back department stores that should have closed and bringing tenants in that people seek out.