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The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent. The owners don't usually even know who the tenants are. The property management company usually keeps 10-15% of the rent amount and shares the rest with the property owner.
It acquired a portfolio of 4,892 units in North Carolina, South Carolina and Virginia from Babcock & Brown for $414 million in 2013. [43] In 2019, it owned 43,000 apartments and Brookfield sold its interest to CalSTRS. [44] [45] In April 2015, an investment fund sponsored by Brookfield Corporation acquired Associated Estates Realty for $2.5 ...
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Houses on Figure Eight average above $2 million in property value. [39] In July 2024, "The Whale", a 6,700-square-foot oceanfront home on Figure Eight Island, sold for $13.9 million, becoming the highest home sale price in North Carolina. [40] The previous record was the August 2023 sale of a $13 million oceanfront home on Figure Eight Island. [41]
Brunswick County is a county located in the U.S. state of North Carolina.It is the southernmost county in the state. As of the 2020 census, the population was 136,693. [1] Its population was only 73,143 in 2000, making it one of the fastest-growing counties in the state. [2]
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