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Lion Gables Realty Limited Partnership history
Lion Gables Realty Limited Partnership company history timeline
He developed the Dallas Market Center in 1957, a structure that would influence subsequent marts around the world.
REITs had been originally created by Congress in 1960 as a way for small investors to become involved in real estate in a manner similar to mutual funds.
By 1971 Forbes recognized Crow as the largest private real estate operator in the United States.
Adding the South Florida Operation in 1990
In 1993 executives from three of Trammell Crow Residential's most profitable divisions--Atlanta, Dallas, and Houston--began to discuss among themselves ways to raise new capital to grow their businesses.
1993: Gables Residential Trust is incorporated.
1994: The REIT's initial public offering is launched.
A much larger transaction, however, was completed in April 1998 when Trammell Crow Residen- tial's South Florida Division was brought into the fold, firmly establishing a presence in the highly desirable South Florida markets for Gables while immediately adding 4,200 upscale apartments.
At the same time that Gables was spending money on new projects in 1999 it was selling off properties.
Wheeler's attempts to reshape the REIT continued in 2002 when he initiated a major shakeup, resulting in the resignation of several top executives.
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Lion Gables Realty Limited Partnership may also be known as or be related to GABLES REALTY LIMITED PARTNERSHIP and Lion Gables Realty Limited Partnership.