Battle in the Sunshine State: Blackstone and Others Oppose Florida's Investor Restrictions
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Description
In a surprising turn of events, some of the heavyweight players in U.S. real estate, including Blackstone, Starwood Capital, and Related Cos., are taking a stand against Florida's recent legislation. This law, Senate Bill 264, places significant restrictions on real estate acquisitions by Chinese investors and others, prompting a consortium of industry giants to push for a rollback.
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