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NAPLES, FL-In evidence that the condo conversion craze is moving west, the nine properties aggregating 2,326 units sell within 16 days in separate transactions. Among them is Malibu Lakes, which commands $233,146 a unit, the highest per-unit price ever paid here.
IRVING, TX-J.I. Kislak puts Dallas/Fort Worth at the top of its "go-to" list in a drive to nearly double its multifamily portfolio. The first Texas deed, 408 units, goes for $27.4 million, but the buyer wants "three or four" more in the region.
IRVING, TX-J.I. Kislak puts Dallas/Fort Worth at the top of its "go-to" list in a drive to nearly double its multifamily portfolio. The first Texas deed, 408 units, goes for $27.4 million, but the buyer wants "three or four" more in the region.
ALTAMONTE SPRINGS, FL-James P. Michalak, the senior director of the Capital Markets Group in the Tampa office of Cushman & Wakefield of Florida Inc., brokers the $19.5-million sale of the 93%-leased retail property at 995 State Road 434.
ALTAMONTE SPRINGS, FL-James P. Michalak, the senior director of the Capital Markets Group in the Tampa office of Cushman & Wakefield of Florida Inc., brokers the $19.5-million sale of the 93%-leased retail property at 995 State Road 434.
ALTAMONTE SPRINGS, FL-James P. Michalak, the senior director of the Capital Markets Group in the Tampa office of Cushman & Wakefield of Florida Inc., brokers the $19.5-million sale of the 93%-leased retail property at 995 State Road 434.
NORTH MIAMI BEACH, FL-While net income dropped to $28 million versus $30.7 million in third quarter 2004, funds from operations rose to $32.9 million, compared with $28.1 million. The "tussle" to gain control of Dim Vastgoed continues.
ARLINGTON, VA-One-time charges and a drop in straight-line rents impacted the REIT's NOI and FFO. Some of the charges are related to the modification of five skate park leases at some of its centers due to an ownership change as well "as an increase in bad debt reserves due to changes in the estimated collectability of certain accounts receivable," says the company's quarterly SEC filing.