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The Rule of Ethics ( Reglamento de Ética) is a regulation to implement Law No. 10 of April 26, 1994, the law to regulate the real estate business and profession of broker, salesperson, and real estate companies in Puerto Rico. Law No. 10 Amendment - Law No. 118 - 26 September 2005. Law No. 10 Amendment - Law No. 93 - 16 May 2006.
On February 28, 2013, it was reported that the Montehiedra Town Center mall in Río Piedras, hit hard by the recession in Puerto Rico, was about to hit back with quite a punch. New York City -based owner Vornado Realty Trust , the fifth largest commercial real-estate holder in the U.S., would convert Montehiedra into the first low-price outlet ...
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/ lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. Worldwide, it owns interests in 232 properties [3] as of 2021.
Its trademark El Banco del Pueblo is Spanish for The People’s Bank. The W Holding Company was a financial holding corporation located in Mayagüez, Puerto Rico. On April 30, 2010, Westernbank, its wholly owned bank subsidiary, failed and its deposits and assets were seized by the Federal Deposit Insurance Corporation and subsequently sold to ...
The government-owned corporations of Puerto Rico —or public corporations (Spanish: corporaciones públicas)— are a set of corporate entities owned entirely or in large part by the executive branch of the government of Puerto Rico or by its municipalities. The corporations engage in commercial activities with their revenues ultimately being ...
The Puerto Rico Industrial Development Company (PRIDCO) — Spanish: Compañía de Fomento Industrial de Puerto Rico (or simply Fomento)— is a government-owned corporation of Puerto Rico authorized and empowered to induce private capital into Puerto Rico in order to establish trade, cooperatives, and industrial operations in Puerto Rico. [1]
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