AGP Executive Report
Last update: 2 hours agoAffordable Housing: Frederick County unveiled The Heights on Himes, a planned 150 affordable apartments with an onsite Head Start center for 88 children. Greenville’s housing authority acquired four communities to preserve 432 affordable homes, while Bloomington finalized a $93 million purchase of 924 apartments and plans $10 million in upgrades. Supportive Housing: Halton Region bought a Georgetown site for a proposed 28-unit assisted housing building. Market Signals: U.S. condo sellers outnumbered buyers by 123% in September, the widest gap on record; the median condo price fell 0.8% year over year to about $339,000. Commercial Deals: PREP Property Group acquired a 480,000-square-foot shopping center in Arizona’s fast-growing Phoenix–Tucson corridor. Crombie REIT also announced a $200 million equity financing. Landlord Accountability: The largest U.S. single-family landlord agreed to settle an FTC lawsuit over alleged deceptive pricing practices.
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