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ATLANTA-In 2009, 12 new non-traded REITs were created, a record; they attract a different kind of investor from publicly-traded REITs.
MIAMI-According to Real Capital Analytics and CBRE, sales in South Florida were up 48% and dollar volume was up 22% in 2009 over 2008.
MIAMI-The former owner of the 470-Unit Complex in the city of Miami Gardens, Atherton-Newport Investments, declared Chapter 11 in January 2008.
TAMPA-The lease brings the 94,105-square foot distribution building, Fairfield VIII, to 100% occupancy.
ORLANDO-The Estates at Park Avenue, a 432-unit complex, sold for just over $100,000 per unit.
ORLANDO-While some submarkets saw positive absorption in first quarter 2010,unemployment, which dampens the office market, remains high.