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Sale of Champlain Towers South property may prompt condo owners to sell their buildings (FL)

/ Owner - May 24, 2022

Fay says condo associations in South Florida are already showing interest in selling the land beneath their buildings instead of owners reselling their individual units. With the Champlain Towers South property selling for $120 million, it could lead to more interest in putting properties on the market because it can be more lucrative to sell a large site for redevelopment than it is to sell the apartments individually.   Read the entire article……………………………….

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