A 165-acre suburban industrial site that has been dormant for at least a year could become a mixed-use development in years to come. Orlando-based New Broad Street Cos. says it has a contract with Detroit-based General Motors to buy its former automotive plant in suburban Doraville.
Read more →Buying Prime Outlets Inc. in 2003 was one of the best investments that New York investor David Lichtenstein ever made. Now selling the chain of outlet centers is giving him the cash to bail himself out of his worst deal ever.
Mr. Lichtenstein’s closely held company, Lightstone Group LLC, announced this month that it is selling [...]
By Deborah La Franchi, President and CEO of Strategic Development Solutions
The New Markets Tax Credit Program (NMTC) is part of the Community Renewal Tax Relief Act of 2000 and has provided $15 billion in investments to targeted communities. The NMTC is administered by the Community Development Financial Institutions (CDFI) Fund under the U.S. Department of [...]
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