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FEBRUARY 19, 2020

Top Story

Multifamily

Opportunity Zone Projects Seem to Be Finally Breaking Ground

By Bendix Anderson, Contributing Writer

In April 2020, workers will start construction on Scottsdale Entrada in Scottsdale, Ariz. The massive development will eventually become the “largest mixed-use asset” in the city, including 735 new apartments, according to its developers. Scottsdale Entrada is just one of the investments now underway that will claim tax benefits through the federal Opportunity Zone program.

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Commentary

Property Management

Property Managers Have a Responsibility to Protect Their Tenants' Data

By Cheryl Ann Gray, Contributing Columnist

Property management is  very much a people business in which personal connections are vital  to the interests of both tenant engagement and retention. Those personal connections have become a lot more meaningful in recent years due to the  growing availability of big data .

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NREI Wire

Amherst Agrees to Buy Landlord Front Yard for $2.3 Billion

Bloomberg

Amherst Holdings agreed to buy the single-family rental owner with more than 15,000 properties in its portfolio.

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New York Eyes Luxury Rental Buildings in Search for Homeless Fix

Bloomberg

Apartment building developers who get tax breaks for affordable housing for the middle class may be required to rent to shelter residents.

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10 Must Reads for the CRE Industry Today

By NREI Staff

The value of cell towers is expected to rise, reports the Wall Street Journal. Home furnishings retailer Pier 1 files for bankruptcy, according to CNN Business. These are today's must reads from around the commercial real estate industry.

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