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Copaken Brooks, formerly Copaken, White & Blitt is a privately owned full-service commercial real estate developer headquartered in Kansas City, Missouri, that acquires, develops, leases, manages and sells various types of commercial assets within the Midwest for its clients and investors. [citation needed]
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
In 2013, local commercial real estate company Occidental Management purchased Union Station and began renovations. [4] As of 2017, renovations continue while Occidental has resumed leasing commercial space in the neighboring buildings. [2] [5] The building's restoration was estimated at $54 million. [6]
K. Raheja has diversified interests in real estate including both commercial and residential property development, as well as malls and hospitality. [3] [4] The company owns a subsidiary called Infiniti Mall, which operates a chain of shopping malls in India. The first Infiniti Mall opened in 2004, followed by another one in Mumbai in 2011. [2] [5]
In 2018, Faith appeared on the Observer list of the 59 most powerful people in residential real estate. [22] In 2022, Faith ranked #32 on the Commercial Observer Power 100 list of commercial real estate's most powerful people. [23] He ranked #10 in 2023 [24] and #6 in 2024. [25]
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