Last Updated: September 6, 2004 02:26pm ET

Midtown Miami Bond Sale Tops $103M

By Melissa Bogdany

MIAMI-Banc of America Securities of Winter Park was the underwriter of the bond. Approximately 20 US institutional investors purchased the tax-free municipal bond, to be repaid with property taxes and an assessment to condo residents at the 26-acre mixed-use project.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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