PALM BEACH, FL-The county will be paying Communities Finance Co. LLC $7 million or $1,282 per acre for one of the largest remaining undeveloped tracts in central Palm Beach County. The Nature Conservancy earned a 1% fee of $69,000 for brokering the deal.

MIAMI-Although overall vacancy rates are at 16%, up 4.6% from this time last year, Cushman & Wakefield executive Peter Harrison tells GlobeSt.com he thinks Miami will recover by next summer.

WASHINGTON, DC-The multifamily housing industry gets a boon as President Bush signs off on the 2002 Housing and Urban Development Appropriations bill, which increases multifamily mortgage loan limits by 25%. Those in the industry express their approval of the President's and congressional leaders' action on the matter.

WASHINGTON, DC-The multifamily housing industry gets a boon as President Bush signs off on the 2002 Housing and Urban Development Appropriations bill, which increases multifamily mortgage loan limits by 25%. Those in the industry express their approval of the President's and congressional leaders' action on the matter.