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REIT Hit With $110M Verdict Over Run-Down Mobile Home Park

By Daniel Siegal (April 16, 2014, 8:53 PM EDT) -- A California jury on Tuesday found real estate investment trust Equity Lifestyle Properties Inc. guilty of breach of contract, negligence and nuisance for failing to maintain one of its mobile home developments and awarded over $110 million to 61 residents of the property....

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