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Originally consisting of three housing units, Acorn 1, Acorn 2 and Acorn 3, The City of Oakland Housing Authority renovated the entire Acorn housing complex during the late 1990s in efforts to combat crime. Acorn 1 and Acorn 2 were renamed "Town Center Apartments at Acorn" and "Courtyard Apartments at Acorn".
Cypress Village is one of the three housing projects in West Oakland, along with the Campbell Village Court and the Acorn Projects. Cypress Village was built by the Oakland Housing Authority after World War II, when many African-Americans began to migrate to Oakland. It was one of four all-black segregated projects built at the time. [1]
Washington Prime Group Inc. is an American real estate investment trust that invests in shopping centers. The company is organized in Indiana with its headquarters in Columbus, Ohio. [1] From January 2015 to September 2016, the company had the name WP Glimcher. On June 13, 2021, Washington Prime filed for Chapter 11 bankruptcy. [2]
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Gucci-owner Kering is buying up prime property in New York worth nearly $1 billion as luxury slowdown presses on. Prarthana Prakash. January 23, 2024 at 4:17 AM. Jeenah Moon—Bloomberg/Getty Images.
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis , Indiana.
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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.