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Oviedo mall sells to LA outfit
The Oviedo Mall, a 952,035-square-foot regional mall 10 miles from downtown Orlando, has sold for an undisclosed amount to a private real estate management firm in Los Angeles, Calif., according to a...
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Fannie, Freddie regulator pushes lawmakers to eliminate taxpayer reliance
The controversial regulator of Fannie Mae and Freddie Mac is urging lawmakers to drastically scale back or even eliminate the mortgage market’s reliance on taxpayers, Bloomberg News reported. Edward...
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SF residential inventory continues to slump
Residential inventory in South Florida fell to 33,762 from 34,085 active listings for the week ending March 18, 2012. During the same period, pending sales increased to 23,922 from 23,605. Active...
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Jamestown leases 40 percent of units at Kendall Place development
Jamestown Properties, an Atlanta-based real estate investor, has leased up about 40 percent of Bridges at Kendall Place in Kendall, its planned 16-acre, 228-unit multifamily project, the South Florida...
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Today’s priciest new listing
Today’s priciest new listing is a three-bedroom, three-bathroom, 4,416-square-foot condominium in Ian Schrager’s Edition Residences that is asking $12.5 million, according to Condo Vultures. The...
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Top stories
Top stories yesterday on The Real Deal: 1. Hadid’s One Thousand Museum condos will ask $900 per square foot 2. Key Largo’s Ocean Reef Club closes $83M in real estate transactions 3. One Thousand Ocean...
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Mortgage applications fall, as interest rates creep up
The number of mortgage applications for the week ending March 20, 2013 decreased 7.1 percent percent on a seasonally adjusted basis from one week earlier, the Mortgage Bankers Association announced...
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Legoland Florida to expand this summer
Legoland Florida will expand this summer, executives with the Winter Haven, Florida theme park said in a news conference yesterday, according to the Miami Herald. The Florida outpost of the popular...
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97 percent financing available at downtown Miami condo project
The dog days of the recession are behind us, it seems. Per a report from the Miami Herald, 97 percent financing is now available for some Downtown Miami condominiums, echoing the lending standards of...
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Wellington office park trades at $18.3M discount
Wellington Reserve Office Park has sold for $10.5 million, at a $18.3 million discount to the amount of its foreclosed mortgage, the South Florida Business Journal reported. After the collapse of the...
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Cornerstone agrees to massive disability settlement
A South Florida developer has agreed to retrofit an estimated 5,000 homes for the handicapped, the Palm Beach Post reported. Hollywood-based Cornerstone Group Development will add grab bars, ramps and...
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200 East sees $14.5M in sales
The luxury condo project in Boca Raton known as 200 East has seen 14 sales or resales totaling $14.55 million since November, the project’s developers announced today. The sales bring the Lojeta...
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“$5 footlong” inventor brings Subway to University of Miami’s tech park
The University of Miami’s Life Science & Technology Park is adding sandwich retailer Subway to its list of tenants, the park’s developer Wexford Miami announced today. The Subway franchise, which...
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Today’s priciest new listing
Today’s priciest new listing is a five-bedroom, seven-bathroom, 5,797-square-foot single-family home that is asking $3.9 million, according to Condo Vultures. The house, which is located at 601 North...
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Top stories
Top stories yesterday on The Real Deal: 1. One Thousand Ocean closes deals totalling $11M 2. SF residential inventory continues to slump 3. Key Largo’s Ocean Reef Club closes $83M in real estate...
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NFL urges Miami to renovate Dolphins’ stadium
NFL Commissioner Roger Goodell has joined the choir of voices urging Miami to generate the $200 million to renovate Sun Life Stadium, the Sun Sentinel reported. Without it, the commissioner warns that...
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Joint venture wins $500M bid at Brickell CityCentre
Americaribe and John Moriarty & Associates of Florida have been awarded oversight of vertical construction at the Brickell CityCentre project, an appointment worth approximately $500 million, the...
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Three new tenants sign at downtown Fort Lauderdale’s 110 Tower
Three new tenants have signed for more than 12,000 square feet at the office tower known as 110 Tower in downtown Fort Lauderdale, according to a statement from the landlord’s broker today. The...
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Buying beats renting in South Florida
Despite the ever-higher number of foreclosures, buying a home still makes more financial sense in much of South Florida than renting one — or so says a new study by real estate data site Trulia.com...
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American Realty offers $5.7B for REIT
Phoenix-based Cole Credit Property Trust III has an offer of $5.7 billion from American Realty Capital Properties, the Wall Street Journal reported. The bid puts a value on the REIT’s share price of at...
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