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The company was founded in 1910 after the Stewart family of New Orleans, then in the realty business, obtained a cemetery in a loan workout.
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Back in 2007, Mr. Stern was sued in civil court along with his business associate Ephraim Frenkel and First Republic Realty Group by Westland Industries, a California financing company, over the shopping-mall deal.
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The business mogul also started companies including: Divina Realty, Divina Cosmetics, Jenni Rivera Fragrance, Jenni Jeans, Divine Music and The Jenni Rivera Love Foundation.
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In fact, many realty brokers and luxury car companies have come to expect booms in business when Wall Street gets paid.
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Like no other realty star before her, Frankel has used the platform to build a business brand: Skinnygirl.
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By choosing to acquire fundamentally sound revenue drivers, Realty Income invests in high-quality stand-alone real estate leased to credit-worthy tenants with business models that are all differentiated by strong sources of operational cash flow and profitability.
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