JMB Realty

Clark Construction Opens New Office in Los Angeles

Retrieved on: 
Vendredi, juin 30, 2023
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LOS ANGELES, June 30, 2023 /PRNewswire/ -- Clark recently hosted community and business leaders at an open house to celebrate the grand opening of its new office in Los Angeles.

Key Points: 
  • LOS ANGELES, June 30, 2023 /PRNewswire/ -- Clark recently hosted community and business leaders at an open house to celebrate the grand opening of its new office in Los Angeles.
  • Clark's history in Los Angeles dates back to the 1980s, with the Ronald Reagan State Office Building.
  • Since then, Clark has delivered more than 100 projects that strengthen the region's infrastructure and communities, including LA LIVE and Nokia Theater; US Courthouse, Los Angeles; and historic renovations of Los Angeles City Hall and Hall of Justice.
  • Delivering projects across a variety of market sectors, Clark has partnered with public and private development clients such as the City and County of Los Angeles; the City of Long Beach; the City of Beverly Hills; the University of Southern California; the University of California, Los Angeles; Pepperdine University; Los Angeles World Airports; Los Angeles Unified School District; and many others.

Seritage Growth Properties Announces Termination of REIT Election

Retrieved on: 
Jeudi, mars 31, 2022
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Seritage Growth Properties (NYSE: SRG) (the Company), a national owner and developer of 162 retail, residential and mixed-use properties, today announced that its Board of Trustees has approved a plan to terminate its election to be treated as a Real Estate Investment Trust (REIT) for tax purposes and to convert the Company to a C corporation.

Key Points: 
  • Seritage Growth Properties (NYSE: SRG) (the Company), a national owner and developer of 162 retail, residential and mixed-use properties, today announced that its Board of Trustees has approved a plan to terminate its election to be treated as a Real Estate Investment Trust (REIT) for tax purposes and to convert the Company to a C corporation.
  • The termination of the REIT election will be retroactively effective as of January 1, 2022.
  • Previously, Mr. Metz served as Chief Executive Officer of General Growth Properties (GGP), where he led GGP through its restructuring and emergence from bankruptcy.
  • Seritage is principally engaged in the ownership, development, redevelopment, management, sale and leasing of diversified and mixed-use properties throughout the United States.