Subsidy Tracker: Industry Summary Page

Major Industry: 
real estate
Subsidy Total: 
$6,320,020,536
Number of Awards: 
556
Time Period: 

Earliest year of data: 1986. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this industry are for the period since 2011.

Notes: 

The dollar total above adjusts for the fact that there is an overlap between the amounts in one or more Megadeal entries and those of one or more of the other entries. The total includes only those entries matched to a parent company. The industry designation is the primary one for the parent's operations overall. Dollar totals do not include awards for which no subsidy value is disclosed.


Top 10 Parent CompaniesTotal Subsidy $Number of Awards
Forest City Enterprises$984,244,83773
Pyramid Companies$874,826,85367
Triple Five Worldwide$748,000,0003
Sagamore Development$660,000,0001
Bedrock Detroit$618,000,0001
McEagle Properties$430,650,0005
Starwood Property Trust$300,000,0001
Simon Property Group$187,000,0001
AvalonBay Communities$173,764,24076
Cortex Innovation Community$158,200,0001


Individual Subsidy Records:

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Company Parent Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
MPP, Inc. Macerich Indiana local 2001 $106,070 property tax abatement
RAYONIER FOREST OPERATIONS LLC Rayonier Washington state 2012 $104,174 tax credit/rebate
RAYONIER TRS FOREST OPERATIONS LLC Rayonier Washington state 2015 $100,437 tax credit/rebate
Hersha Hospitality Management LP Hersha Hospitality Trust Pennsylvania state $100,000 tax credit/rebate
RAYONIER TRS FOREST OPERATIONS LLC Rayonier Washington state 2014 $97,046 tax credit/rebate
Trammell Crow NW Development, Inc CBRE Group Oregon state 2012 $95,719 tax credit/rebate
PROLOGIS - A3 TN I LLC Prologis Tennessee local 2010 $95,591 property tax abatement
RAYONIER FOREST OPERATIONS LLC Rayonier Washington state 2009 $92,389 tax credit/rebate
Forest City Daly Forest City Enterprises New York local 2006 $92,336 tax credit/rebate; property tax abatement
PSLT-ALS Properties II, LLC Ventas New York local 2005 $90,287 tax credit/rebate; property tax abatement
Greece Ridge LLC Macerich New York local 2010 $90,000 tax credit/rebate; property tax abatement
PROLOGIS - A3 TN I LLC Prologis Tennessee local 2012 $87,748 property tax abatement
RAYONIER TRS FOREST OPERATIONS LLC Rayonier Washington state 2012 $83,812 tax credit/rebate
Hemingway at Halfmoon, LLC Monmouth Real Estate Investment Corp. New York local 2016 $83,455 tax credit/rebate
RAYONIER FOREST RESOURCES LP Rayonier Washington state 2008 $82,715 tax credit/rebate
Hemingway at Halfmoon, LLC Monmouth Real Estate Investment Corp. New York local 2015 $81,822 tax credit/rebate
Health Care REIT, Inc. Welltower Ohio local 2012 $81,477 tax credit/rebate
CB Richard Ellis Real Estate Services Inc CBRE Group New York local 2003 $80,000 grant
PROLOGIS DEVELOPMENT Prologis Tennessee local 2008 $78,377 property tax abatement
PROLOGIS DEVELOPMENT SERVICES Prologis Tennessee local 2009 $77,789 property tax abatement
Forest City Daly Housing Forest City Enterprises New York local 2011 $77,316 tax credit/rebate; property tax abatement
Forest City Daly Housing Forest City Enterprises New York local 2012 $77,316 tax credit/rebate; property tax abatement
RAYONIER FOREST OPERATIONS LLC Rayonier Washington state 2007 $76,218 tax credit/rebate
MONMOUTH REAL ESTATE INVESTMENT CORP Monmouth Real Estate Investment Corp. Tennessee local 2013 $75,356 property tax abatement
Hemingway at Halfmoon, LLC Monmouth Real Estate Investment Corp. New York local 2014 $74,323 tax credit/rebate
Forest City Daly Forest City Enterprises New York local 2003 $72,857 tax credit/rebate; property tax abatement
968 THIRD AVENUE Vornado Realty Trust New York local 2012 $70,353 property tax abatement
968 THIRD AVENUE Vornado Realty Trust New York local 2011 $70,340 property tax abatement
RAYONIER FOREST RESOURCES LP Rayonier Washington state 2013 $69,940 tax credit/rebate
RAYONIER FOREST RESOURCES LP Rayonier Washington state 2010 $69,710 tax credit/rebate
Monmouth Real Estate Investment Corporation Monmouth Real Estate Investment Corp. Virginia state 2015 $69,107 enterprise zone
Avalon AvalonBay Communities New York local 2010 $61,808 tax credit/rebate; property tax abatement
SL GREEN REALTY CORP SL Green Realty New York local 2012 $58,476 property tax abatement
RAYONIER WASHINGTON TIMBER COMPANY Rayonier Washington state 2013 $57,094 tax credit/rebate
Simi Valley Town and Country, Inc. Forest City Enterprises Virginia state 2009 $52,268 grant
RED Development, LLC RED Development Kansas state 2012 $50,000 grant
Monmouth Capital Corporation Monmouth Real Estate Investment Corp. New York local 2003 $49,131 tax credit/rebate; property tax abatement
101 COMMERCE REALTY Mack-Cali Realty New York local 2011 $48,443 property tax abatement
ALEXANDRIA REAL ESTATE EQUITIES INC Alexandria Real Estate Equities Maryland local 2015 $47,016 grant
RAYONIER FOREST RESOURCES LP Rayonier Washington state 2009 $46,459 tax credit/rebate
CB Richard Ellis Real Estate Services Inc CBRE Group New York local 2005 $45,000 grant
RG Steel Sparrows Point, LLC Sparrows Point Terminal Maryland state 2012 $45,000 training reimbursement
Health Care REIT, Inc. Welltower Ohio local 2010 $43,727 tax credit/rebate
Health Care REIT, Inc. Welltower Ohio local 2011 $43,633 tax credit/rebate
RIVER PLACE II HOLDINGS II LLC Silverstein Properties New York state 2014 $42,063 tax credit/rebate
Windrose (Niagara Falls Properties, LLC) Welltower New York local 2007 $37,743 tax credit/rebate; property tax abatement
HIGHWOODS / CRESTWYN LLC Highwoods Properties Tennessee local 2007 $37,417 property tax abatement
HIGHWOODS / CRESTWYN LLC Highwoods Properties Tennessee local 2008 $37,417 property tax abatement
CB Richard Ellis Real Estate Services Inc CBRE Group New York local 2006 $35,000 grant
Windrose (Niagara Falls Properties, LLC) Welltower New York local 2008 $34,210 tax credit/rebate; property tax abatement
PROLOGIS - NORTH CAROLINA LIMITED PARTNER Prologis Tennessee local 2009 $33,540 property tax abatement
Hemingway at Halfmoon, LLC Monmouth Real Estate Investment Corp. New York local 2013 $33,512 tax credit/rebate; property tax abatement
RG Steel Sparrows Point, LLC Sparrows Point Terminal Maryland state 2012 $33,000 training reimbursement
Greece Ridge LLC Macerich New York local 2013 $32,743 tax credit/rebate; property tax abatement
VNO BRUCKNER PLAZA LLC Vornado Realty Trust New York local 2012 $32,527 property tax abatement
VNO BRUCKNER PLAZA LLC Vornado Realty Trust New York local 2011 $31,242 property tax abatement
Windrose (Niagara Falls Properties, LLC) Welltower New York local 2009 $31,117 tax credit/rebate; property tax abatement
RAYONIER WASHINGTON TIMBER COMPANY Rayonier Washington state 2015 $30,932 tax credit/rebate
Tiago Holdings, LLC Forest City Enterprises New York state 2005 $30,753 enterprise zone
101 COMMERCE REALTY Mack-Cali Realty New York local 2012 $30,005 property tax abatement
PROLOGIS-NORTH CAROLINA LIMITED PARTNERSHIP Prologis Tennessee local 2007 $29,742 property tax abatement
PROLOGIS Prologis Tennessee local 2008 $29,742 property tax abatement
Hemingway at Halfmoon, LLC Monmouth Real Estate Investment Corp. New York local 2012 $29,187 tax credit/rebate; property tax abatement
Windrose (Niagara Falls Properties, LLC) Welltower New York local 2010 $28,794 tax credit/rebate; property tax abatement
TC FOREST HILL DEVELOPMENT, LP CBRE Group Tennessee local 2007 $27,231 property tax abatement
Windrose (Niagara Falls Properties, LLC) Welltower New York local 2011 $26,659 tax credit/rebate; property tax abatement
Five Star Senior Living Five Star Senior Living Kentucky state 2010 $26,154 training reimbursement
MPP, Inc. Macerich Indiana local 2002 $26,040 property tax abatement
AvalonBay Communities AvalonBay Communities Virginia local 2013 $25,000 grant
Avalon AvalonBay Communities New York local 2011 $24,581 tax credit/rebate; property tax abatement
Monmouth Capital Corporation Monmouth Real Estate Investment Corp. New York local 2010 $24,454 tax credit/rebate; property tax abatement
Windrose (Niagara Falls Properties, LLC) Welltower New York local 2012 $24,314 tax credit/rebate; property tax abatement
RAYONIER FOREST RESOURCES LP Rayonier Washington state 2007 $23,255 tax credit/rebate
Monmouth Capital Corporation Monmouth Real Estate Investment Corp. New York local 2011 $23,099 tax credit/rebate; property tax abatement
Monmouth Capital Corporation Monmouth Real Estate Investment Corp. New York local 2013 $23,093 tax credit/rebate; property tax abatement
Monmouth Capital Corporation Monmouth Real Estate Investment Corp. New York local 2012 $22,089 tax credit/rebate; property tax abatement
RAYONIER FOREST OPERATIONS LLC Rayonier Washington state 2006 $21,993 tax credit/rebate
RAYONIER FOREST RESOURCES LP Rayonier Washington state 2006 $21,488 tax credit/rebate
Windrose (Niagara Falls Properties, LLC) Welltower New York local 2013 $21,316 tax credit/rebate; property tax abatement
Avalon AvalonBay Communities New York local 2016 $20,799 tax credit/rebate
Monmouth Capital Corporation Monmouth Real Estate Investment Corp. New York local 2014 $19,324 tax credit/rebate
Avalon AvalonBay Communities New York local 2013 $19,163 tax credit/rebate; property tax abatement
Monmouth Capital Corporation Monmouth Real Estate Investment Corp. New York local 2009 $18,289 tax credit/rebate; property tax abatement
Monmouth Capital Corp. Monmouth Real Estate Investment Corp. New York local 2011 $17,912 tax credit/rebate; property tax abatement
World Trade Center Properties / PGE Silverstein Properties Oregon state 2010 $17,578 tax credit/rebate
Monmouth Capital Corp. Monmouth Real Estate Investment Corp. New York local 2012 $16,875 tax credit/rebate; property tax abatement
Avalon Bay AvalonBay Communities Virginia state 2010 $16,500 training reimbursement
Avalon AvalonBay Communities New York local 2015 $16,276 tax credit/rebate
Monmouth Capital Corp. Monmouth Real Estate Investment Corp. New York local 2013 $16,207 tax credit/rebate; property tax abatement
Monmouth Capital Corporation Monmouth Real Estate Investment Corp. New York local 2015 $16,181 tax credit/rebate
VORNADO REALTY L.P. Vornado Realty Trust New York local 2011 $15,362 property tax abatement
Monmouth Capital Corporation Monmouth Real Estate Investment Corp. New York local 2016 $14,689 tax credit/rebate
Monmouth Capital Corp. Monmouth Real Estate Investment Corp. New York local 2014 $14,393 tax credit/rebate
AMC Card Processing Services, Inc. Wanda Group Kansas state 2013 $13,430 grant
Monmouth Capital Corp. Monmouth Real Estate Investment Corp. New York local 2015 $12,916 tax credit/rebate
Monmouth Capital Corp. Monmouth Real Estate Investment Corp. New York local 2016 $12,861 tax credit/rebate
R.G. Steel Corp. Sparrows Point Terminal Pennsylvania state 2014 $12,808 tax credit/rebate
Monmouth Capital Corporation Monmouth Real Estate Investment Corp. New York local 2008 $12,697 tax credit/rebate; property tax abatement
Avalon Bay Redevelopment (retail) LLC AvalonBay Communities New York local 2005 $12,545 tax credit/rebate; property tax abatement
MCEAGLE VENTURE FUND, L.L.C. McEagle Properties Missouri state 2002 $12,500 tax credit/rebate
MCEAGLE VENTURE FUND, L.L.C. McEagle Properties Missouri state 2003 $12,500 tax credit/rebate
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