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Taking a look at the supposed return of luxury apartments and condominiums.
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Underwater owners and smaller multifamily firms look to strategically boost their standing by launching unusual partnerships.
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Many markets around the country are still suffering from an oversupply in for-sale housing and condos. But if you’re following a spate of recent business news announcement, Washington, D.C., certainly isn’t in this category.
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Fewer units are coming online these days, but one development newcomer in Southern California is determined to defy the odds. The 27-year-old just completed his first mixed-use deal and has begun work on a second.
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A turn-of-the-century steam plant now houses upscale condos in an up-and-coming Queens, N.Y., neighborhood.
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Condo sales are picking up in South Florida. But it’s not being driven by people who want to live in the units they purchase. It’s being propelled by bulk buyers—those groups purchasing 10 units or more.
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News that the Federal Housing Administration (FHA) is changing its approval process for condominium projects was met with mixed reaction throughout the housing industry.
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If recent reports are correct, the foreign buyer has been making a dent in the excess inventories of major condo markets such as New York and Miami.
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Washington, D.C., is considered one of the strongest, if not the strongest, housing market in the country. But three different reports show exactly how unevenly this relative prosperity is distributed throughout the nation’s capital.
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As more and more condo owners and developers across the country fall into bankruptcy, their associations are suffering right along with them.