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

BigFoot Entertainment Acquires The Piazza Bldg

Big Foot Entertainment, Inc. acquired the flex building at 2939 N. Powerline Rd. in Pompano Beach, FL from Alpert LP for $ 2,769,075, or about $ 50 per square foot. The Piazza Building was bought in a short sale as an investment with only 50 percent occupancy at the time it closed. Th
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Wall Street Week Ahead: Can EU deal lift stocks for more than a day?

NEW YORK (Reuters) – Stocks finished the first half of the year with a bang as investors welcomed news that the euro zone is a step closer to solving its 30-month-long debt crisis. Now for the question: Is this rally strong enough to last for more than a day? The S&P 500 and
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Wells Names Morris Chief Real Estate Officer

Wells Real Estate Funds appointed Patricia Morris as chief real estate officer. Morris supersedes Don Henry who after a decade with the company will step down effective August 21, 2012. “While we are sad to lose a person of the caliber of Don Henry,” said Robert Kennedy, president of
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CoStar’s People of Note (June 24-30)

This week’s People of Note includes the following markets: Atlanta, Boston, Washington, DC and Western Michigan. ATLANTA Wells Names Morris Chief Real Estate Officer By Laurie Forbes Wells Real Estate Funds appointed Patricia Morris as chief real estate officer. Morris supersede
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Asian stocks, euro surge on EU bond support

TOKYO (Reuters) – Asian shares jumped and the euro surged more than 1 percent on Friday after European leaders agreed that euro zone banks could be recapitalized without adding to government debt, soothing fears over growing credit strains in Italy and Spain. As the dollar retre
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CRE Loan Shares Continue To Be a Concern for Bank Regulators

There are few concerns more central to the soundness of the nation’s banks and thrifts than commercial real estate credit, Thomas J. Curry, Comptroller of the Currency, told attendees at last week’s CRE Finance Council conference in Washington, DC. You can see the reason f
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Colliers Parent Opting Out from its Largest REO Services Contract

Colliers International parent FirstService Corp. has decided to transition out of a large property services agreement with a U.S. government-sponsored entity to manage a portfolio of foreclosed residential properties. The agreement, initially awarded in 2008 to FirstServices’ Fi
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Wall Street gains on data, rising oil prices

NEW YORK (Reuters) – Stocks rose on Wednesday as stronger-than-expected economic data helped lift energy stocks, overshadowing concerns a European Union summit will not yield tangible progress in easing the debt crisis. The energy sector showed the strongest gains among the 10 m
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Sinking Fund Forecasts – What Are They and Why Do We Need One?

An insight into the true value of Sinking Fund Plans when completed by the appropriate professional. This article explores the stages and key skills required when preparing such a forecast. Sinking Fund Forecasts are now a mandated piece of Legislation in New South Wales for all Strat
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Pros And Cons Of Hiring A Property Management Company

Owning a rental property can be fun and challenging task at the same time. We have heard a lot of stories about rental property business experiences, some landlord’s experiences are really inspirational however there are also landlords who had a dreadful time dealing with the pr
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