Professional Property Management | Miami | Fort Lauderdale | The Palm Beaches

Wall Street to open slightly lower after jobs, GDP data

NEW YORK (Reuters) – U.S. stocks were set for a slightly lower open on Thursday, after data pointed to an economy that may have stalled while investors grapple with the euro zone's debt crisis. A report by private payrolls processor ADP showed private employers created 133,
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Dewey Collapse Gives Lenders Pause, but Landlords Won’t Cease And Desist in Pursuing Law Firms

Large law firms have long been among the most prestigious and credit-worthy tenants for some of the highest-quality and most prestigious office trophies in CBDs across America. Nowhere is that truer than in Manhattan, where last weekend’s final collapse and bankruptcy filing by Dewey
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KeyBank Closes $95M Fannie Mae Loan on Bethesda Apartment Complex

The loan comes with a 10-year term. National Real Estate Investor
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Maurices Signs Up to Support American Cancer Society

National Real Estate Investor
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With Ownership Resolved, What’s Next For Archstone?

The battle with Equity Residential (NYSE: EQR) for control of Archstone is apparently nearing an end. Lehman Brothers Holdings Inc. announced it has exercised its right of first offer to purchase the remaining stake in the apartment company held by affiliates of Bank of America and Ba
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CMBS Markets Facing Stiffer Headwinds

A triple whammy of adverse conditions has taken some of the wind out of the new commercial mortgage backed securities markets recently. And the negative impacts have analysts backing off their CMBS deal volume predictions for 2012 issued just a few months ago. “The upside case f
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Private Equity Group Buys Sunrise Office Bldg. from Bank

A local private equity group acquired Atrium West, a two-story office building at 7771 W Oakland Park Blvd in Sunrise, FL, from Wells Fargo for $ 4.8 million or about $ 51.79 per square foot. Constructed in 1983, the 92,689 square-foot suburban office building occupies the northeast c
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CMBS Class of 2007: The Smaller They Are, The Harder They Fall

While the CMBS class of 2007 is full of delinquents, the creditworthiness for some of the loans made during that frothy era is actually holding up, particularly on large office deals. This year (2012) was widely viewed as the year of reckoning for the class of 2007 originated loans as
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Sunshine Bouquet Leases 95,000 SF in Miami

Sunshine Bouquet Co., a supplier of fresh-cut flowers, signed a 10-year lease for the remaining 95,535 square feet of available warehouse space at 2003 NW 70th Ave. in Miami. The 215,000-square-foot building in the Miami International Distribution Center is located just west of the Mi
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Retailers Cautiously Eyeing Expansion Into More U.S. Markets as Shopping Activity Rises

While the first quarter gains are far from dramatic, retail real estate fundamentals steadily improved at the beginning of 2012 as job creation and economic growth lure more consumers into U.S. shopping centers, leading retailers to expand their footprints into a broadening list of me
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