Her late husband, Mathai George, was a native of India who built a hotel and real estate development business in the United States.

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These two fellows Karima Woods and Will Creighton are putting their MBAs to good use by helping guide city initiatives on small business and real estate development.

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John Van Vlack, the president of HLSS, said in an interview that the dividend payout was intended to be similar to those of real-estate investment trusts or business development companies, to attract similar kinds of income-seeking investors, which help keep capital costs low if the company goes back to the market for additional fundraisings.

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Business development is another ripe avenue for real-estate professionals, notes Mr. Hargis, who is also a human-resources adjunct professor at Suffolk University in Boston.

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Unlike Trump, whose development business is privately held, and Zeckendorf, who flourished before the real estate investment trust was invented, Zuckerman gets ample equity capital for his projects via share offerings of Boston Properties.

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The deserted mall is also a symbol of China's rapid urbanization and runaway investment in real estate projects, where massive development projects have been given the go ahead without proper marketing and business research.

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