In a condemnation case, real estate is valued as if it is free and clear of all leases, mortgages or encumbrances. It is a fair market valuation. Matter of City of New York (Bronx River Expressway), ...
Realty Income remains a Buy for income investors due to its robust balance sheet, diverse portfolio, and consistent dividend growth. The REIT's flexible capitalization and low-cost debt structure ...
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