The phrase “corporate landlord” is often used to refer to large corporate entities backed by private equity funds and Real Estate Investment Trusts. In researching corporate home ownership throughout seven municipalities in New Jersey, researchers found that some areas exhibited high and increasing levels of corporate ownership, broadly defined, but most corporate entities owned just a few properties and most of these appeared to be locally based. Further research into these corporate investors in New Jersey will include examining how they vary across geography and housing market type and identifying implications for tenants and prospective homebuyers.
Little Rock Merchants Praise ‘road diet’ Revamps for Managing Traffic Flow
When it comes to promoting the peaceful coexistence of traffic and pedestrians on city streets, sometimes less can be more. That is the philosophy behind "road diets," reconfiguring urban roadways to turn four-lane roads into two lanes with a turning lane and leftover...