With the purchase, Yugo gains 40,000 beds across 88 properties in 28 states and a base for future growth.
Developments near public transit can reduce the amount of off-street parking by up to 100% without administrative approval.
The Riverie is expected to reduce its annual carbon emissions from heating and cooling by 53% compared to a traditional building.
“We have to cut red tape and get out of our own way,” Gov. Tina Kotek said in signing two bipartisan measures into law.
