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Enterprise Is Selling Its Stake in the Lender It Said It Couldn’t Control
renttrust.ai

Enterprise Is Selling Its Stake in the Lender It Said It Couldn’t Control

Educational Shelterforce reports that Enterprise, the affordable housing nonprofit, is selling its stake in a for-profit commercial mortgage lender after previously claiming it could not control the subsidiary's activities. The reversal came after the outlet pressed Enterprise about questionable loans the lender had been making to corporate

Hans Michel/ / 2 min read
Stockdale Sells MOBs For $98M: The D.C. Deal Sheet
renttrust.ai

Stockdale Sells MOBs For $98M: The D.C. Deal Sheet

Educational Bisnow reports that Stockdale has sold medical office buildings for $98 million, while an all-affordable apartment building opens in Northeast D.C. and a quantum algorithms company selects Arlington for its North American headquarters. The D.C. region continues to see significant capital movement across property types, with

Hans Michel/ / 2 min read
Two competing Chicago rent ordinances head for a showdown
renttrust.ai

Two competing Chicago rent ordinances head for a showdown

Educational HousingWire reports that Chicago is heading toward a showdown between two competing rent ordinances, setting up a broader clash over renter protections versus housing supply and construction incentives. The tension between tighter tenant safeguards and the need to keep builders building is not unique to Chicago, but the city&

Hans Michel/ / 2 min read