Harrison Lefrak Real Estate Investor
OZK explained in 2018 the two loans pre-dated its present real estate strategy. The lender was previously focused on stabilized and transitional Attributes at larger leverage as an alternative to design lending to high-end assignments at small leverage.
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An owner of rent-stabilized apartments in New York, LeFrak took a hit in June 2019 when point out lawmakers made it harder for landlords to lift rents.
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The real estate small business is simply a proxy for the demographics of a Neighborhood. If a Group is expanding, the real estate business enterprise Added benefits from it. In case the Local community is shrinking, then the real estate business gets ruined.
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