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REIT threatens to stop paying on H.P. showrooms A warning to the SEC by the owner of more than 2 million square feet of furniture showroom space that it would not be covering any shortfalls in payments on the debt on those buildings is a step toward a loan modification, not a sign of imminent default, say officials with New York-based Vornado Realty Trust.
W South Beach deception alleged Several unit buyers at the W South Beach are clamoring for their deposits to be returned, alleging developers deceived them into believing there were to be more units, larger units or a second pool at the chic 420-unit condo-hotel.
CRA ditches key affordable housing project The promise that the ambitious 6,000-unit, mixed-use Biscayne Landing project in North Miami would be an engine for construction of affordable housing is dead and buried.
Report: Retailers are following residents to downtown Miami Retail leasing in Miami’s downtown has been surging in tandem with condominium occupancy, which has grown to 74 percent from 62 percent in seven months, according to a new study.
Financing a challenge for senior housing TAMPA — Horizon Bay at Hyde Park, a 136-apartment independent and assisted living retirement community under construction in South Tampa, is slated to bring jobs and business activity when it opens in 2011.
Housing market still filled with fear, but optimism is around the corner No one needs to ask John Rymer how much he knows about real estate. He’s proven time and again it’s a lot.
Cohen-Esrey Real Estate Services aims to flip on stimulus effort Cohen-Esrey Real Estate Services LLC has been called on to accelerate federally financed foreclosure flipping in Kansas City.
Essex Property Trust angling to ride recovery Essex Property Trust is positioning itself to ride a wave of recovery in the real estate market — whenever it rolls in.
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