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FCP Acquires 250-Unit Florida Multifamily Community

FCP Acquires 250-Unit Florida Multifamily Community

by Phil Hall | Dec 20, 2024 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

FCP, a Chevy Chase, Maryland-headquartered real estate investment firm, has acquired the Alexan Miramar Apartments, a newly constructed 250-unit multifamily community in Miramar, Florida. The Alexan Miramar offers studio, one-, two-, and three-bedroom apartments, with...
Florida Home Sales and Prices Decline

Florida Home Sales and Prices Decline

by Phil Hall | Dec 19, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed sales of existing single-family homes across Florida totaled 17,095 in November, down 3.5% year-over-year, while existing condo-townhouse sales in the Sunshine State totaled 6,002, down 15.6% year-over-year. According to data from Florida Realtors, the...
Florida Real Estate Agent Found Guilty of Not Paying Income Taxes for Five-Year Period

Florida Real Estate Agent Found Guilty of Not Paying Income Taxes for Five-Year Period

by Phil Hall | Dec 17, 2024 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

A Florida real estate agent self-dubbed the “Land Man” was found guilty by a federal judge of five counts of willfully failing to file his income tax returns during a five-year period. Sedita Charles Cayson is accused of having a history of not filing income taxes,...
Report: Elon Musk Eyeing Luxury Penthouse Near Trump’s Mar-a-Lago

Report: Elon Musk Eyeing Luxury Penthouse Near Trump’s Mar-a-Lago

by Phil Hall | Dec 11, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Elon Musk’s close relationship with President-elect Donald Trump may become neighborly, as the Tesla and SpaceX chieftain and co-director of the Department of Government Efficiency is reportedly seeking a luxury property near Trump’s Mar-a-Lago estate in Palm Beach,...
Report: Four States Are Home to Most At-Risk Housing Markets

Report: Four States Are Home to Most At-Risk Housing Markets

by Phil Hall | Dec 5, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

California, Florida, Illinois and New Jersey were home to the greatest number of at-risk markets in the country, according to the third quarter Special Housing Risk Report from ATTOM. The new report found two-thirds of the 50 counties considered most exposed to...
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