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In an increasingly global investment climate, mobile capital interested in residential investment generally seeks the highest return on invested capital (cap rate). However, we observe a very large range in these values. Systematic differences may be explained by tax rates, demographics,...
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Brownfields are potentially contaminated sites that often present economic development opportunities that require financing. State environmental voluntary clean-up programmes (VCPs) offer closure letters as a way for developers to obtain assurance that their clean-up was completed properly and...
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