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News
November 27, 2018
Prudential Making a Big Bet on Lower-Income Housing
WSJ, By Peter Grant
Nov. 27, 2018
A venture led by Prudential Financial Inc. is spending nearly $600 million for 4,000 housing units aimed at lower-income workers, the latest sign that investors see bigger gains in lower-rent apartments than in the upscale ones that have led the recovery. Read more; subscription required.