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How China’s property bubble burst

How China’s property bubble burst

China’s top real estate developers, Evergrande and Country Garden, have defaulted on their debts. But the issues in China’s property market have much deeper roots.Desperate property developers in China have resorted to gifts like new cars, free parking...
Phillips Edison Acquires Lake Mary Retail Center – Connect CRE

Phillips Edison Acquires Lake Mary Retail Center – Connect CRE

A Seminole County shopping center along one of the region’s busy commercial corridors has traded hands for $26.1 million. Phillips Edison & Co. bought Shoppes of Lake Mary from Nuveen Real Estate. The 74,234-square-foot retail property sits on a little over 10...
Smith & Henzy Pick Deerfield Apts, to Renovate – Connect CRE

Smith & Henzy Pick Deerfield Apts, to Renovate – Connect CRE

A Deerfield Beach affordable townhouse development recently sold for $22.4 million. Smith & Henzy Affordable Group bought the property and will spend $3 million on renovating the 56 units. The land where The Palms of Deerfield was built is owned by the Housing...