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Forest City Enterprises
Forest City Enterprises (, ) is a $9-billion diversified real estate management and development company based in Cleveland, Ohio, United States.〔(【引用サイトリンク】title=Forest City Enterprises Inc )〕 Its portfolio includes interests in retail centers, apartment communities, office buildings and mixed-use projects in the U.S. The company has recently expanded into military housing communities.〔(Forest City Enterprises )〕
==History==
Forest City was founded as a family-owned lumber and hardware business in the 1920〔(【引用サイトリンク】title=Company Overview )〕 by Charles, Leonard, Max and Fannye Ratner. In the 1930s, the company made its first foray into real estate, purchasing lots for commercial development and its first apartment building.
During World War II, the company made pre-fabricated houses for government housing and began building strip malls. In 1955, Forest City began converting its lumberyards, Forest City Lumber, into do-it yourself home stores.
In 1960, Forest City became a publicly traded company. In the 1980s, the company began divesting of its non-core real estate holdings. The company sold its retail lumber business to Handy Andy Home Improvement Center in 1987.〔(Forest City Enterprises )〕 They are the second largest holder of real estate in Downtown Cleveland after Optima Ventures, a Miami-based real estate investment firm led by Chaim Schochet and 2/3rd owned by the Privat Group, one of Ukraine's largest business and banking groups.〔(Cleveland Plain Dealer: "The most important guy you've never heard of: Chaim Schochet, 25, builds downtown Cleveland empire" By Michelle Jarboe McFee ) February 04, 2012〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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