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NORTH MIAMI BEACH, FL-The company will use the proceeds to pay down debt and make acquisitions.
MIAMI-New World Symphony will remain a tenant and provided financing to the buyer, its attorney says.
MIAMI-The pending purchase of General Growth could have more impact locally than other parts of the state.
WEST PALM BEACH, FL-The $27-million loan assumption is the company's first South Florida purchase.
MIAMI-The 300-unit purchase marks the company's second large rental community purchase since December.
MIAMI-Faced with a glut of new space and the continuing recession, landlords scramble to maintain occupancy.