The real estate IPO proceeds will assist the UCC Group’s plan to develop a university city at a location to be determined at the western end of Jamaica. Capital raised from the Marquis Holdings offering may even go in course of expanding the companies of RE/MAX Elite into the focused Caribbean markets. The health system submitted testament Wednesday to the state backing a proposed regulation that may permit cities and towns to gather a charge on certain real estate transactions to assist pay for affordable housing efforts. The legislation has been sitting with the state Legislature since last 12 months, but backing from an influential hospital system with 80,000 staff may give it momentum.
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