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Peter Zalewski's Analysis


70 Developer Condos Unsold In Downtown Fort Lauderdale
Peter Zalewski		 70 Developer Condos Unsold In Downtown Fort Lauderdale
08/15/11 8:05PM
Less than 70 units of the nearly 5,100 condos created during the recent South Florida real estate boom remain unsold in the Downtown Fort Lauderdale and Beach market as of the end of the second quarter of 2011, according to a new report from CondoVultures.com . The unsold inventory in the Downtown ...

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Developers Sell Out New Condos In Hollywood / Hallandale		 Developers Sell Out New Condos In Hollywood / Hallandale
08/09/11 11:32AM
Developers have statistically sold out the nearly 5,000 new condos created in the Hollywood / Hallandale Beach coastal market of Southeast Broward County during the South Florida real estate boom that began in 2003, according to a new report from CondoVultures.com . Nearly all of the developer unit...

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National Headlines
  WSJ Real Estate News
Turmoil Puts Hotel Deal on Ice
Cerberus Capital Management put off closing a deal to buy Innkeepers USA Trust amid market turmoil earlier this month, raising uncertainties around the hotel owner's plans to emerge from bankruptcy protection.

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  CNBC Real Estate News
Refi Surge...Not So Much
As mortgage rates hit new record lows, refinance applications have surged accordingly. That, as always, is leading economists to talk once again about what the effect of all that refinancing might be on the greater economy.

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  CNN Money Real Estate News
Burt Reynolds faces foreclosure in Florida
Burt Reynolds could lose his waterfront mansion in Florida after failing to make mortgage payments for almost year.

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  NY Times Real Estate News
Square Feet: Ambitious Plans for a Building Where Sears Served Atlanta
Jamestown Properties expects to spend $180 million to convert a 2.1-million-square-foot building into a mixed-use cluster of restaurants, apartments and office space.

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