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SARASOTA, FL-Another South Florida rental property plans a conversion to condominiums as the BF Group of Miami buys the Savoy on Palmer Ranch from Concierge Asset Management of Tiburon, CA for $93,133 per unit. The property, completed in 2000, is 98% occupied.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!