Volvo Ocean Race Coming to Miami in May, 14-Day Event to Have Multi-Million Dollar Tourism Impact

Volvo Ocean Race coming to Miami (Photo by Ian Roman) (Miami, FL) — Recently the Miami Downtown Development Authority (Miami DDA) announced their commitment to the Volvo Ocean Race coming to downtown Miami in just two months. Considered one of the most prestigious sail events in
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CRE Execs More Bearish Based On Economy and Govt. Impact

The number of real estate executives surveyed by DLA Piper who described themselves as “bearish” in their outlook over the next 12 months spiked at this year’s annual real estate confab, with more than 70% of those surveyed taking a dour view of near term prospects.
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Industrial output surges as Japan quake impact eases (Reuters)

Reuters – U.S. industrial output recorded its best gain in seven months in July as the auto sector bounced back from supply disruptions wrought by Japan’s devastating earthquake in March. Yahoo! News: Business News
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S&P Credit Rating Downgrade’s Impact on Commercial Real Estate

While S&P’s debt rating downgrade for the U.S. may not have come as a total surprise to investors, it’s important to understand the specific rationale the ratings firm cited for the downgrade, and perhaps more importantly, to understand what was not part of the reason for t
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