AGP Executive Report
Last update: 2 hours agoProperty Management Deal: New Mountain Capital is nearing a deal to buy Asset Living for more than $2B, pushing the private equity firm deeper into residential property management and adding Asset Living’s tech and owned portfolio. Retail & Leasing: In Miami Beach, Comras filed plans to create a pedestrian retail passage linking Lincoln Road to North Lincoln Lane, while Vornado’s Penn 2 keeps scoring with Veeva’s 62,000-sf lease. Housing Safety & Compliance: Michigan AG Dana Nessel reached a settlement with EasyKnock over alleged deceptive sale-leaseback practices, including an $85,000 fund for affected homeowners and a Michigan ban on future sale-leasebacks. Fraud & Tenant Risk: Green Bay police are seeking more victims in a sexual extortion case tied to property management workers, and East Bay residents reported TikTok rental scams using AI-style listings. Development & Community: Brickell’s Nobu tower sales launched after $1B in reservations, and a Kentucky shopping center restoration is set to retain about 300 jobs with nearly $6M in investment. Climate Resilience: Metalmark warned that buildings often lack real wildfire-smoke protection systems as El Niño risk rises.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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