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Commercial Real Estate Archives

Financing still tight in South Florida real estate market

While the commercial real estate market in South Florida appears to be improving, lenders are still hesitant to finance a number of real estate transactions. A number of critics feel that federal regulators and lenders are in fact slowing down recovery by turning away borrowers that are creditworthy.

Number of investors buying real estate in Florida goes up in 2013

Despite rising home prices, the Florida real estate market appears to remain strong. While nine percent of home purchases in Florida were made by institutional investors in 2012, this number rose to 12 percent in 2013. On a national scale, seven percent of purchases in 2013 involved investor sales. There were 5.8 percent of sales made up by investors on a national scale in 2012.

Commercial real estate in Miami sold for $104 million

A piece of property in Miami was assessed at $32.5 million in 2010. CWCapital Asset Management with the assistance of commercial real estate services firm then put in place a $2.9 million capital improvement program into property that was apparently in poor shape at the time. CWCapital has now sold the property for $104 million.