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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Travis_Bickle5/5/2010 5:13:03 PM
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To all appearances, CityPlace, the retail jewel in the crown of West Palm Beach, shines as brightly as ever.

Finances are another story. Fitch Ratings Service has categorized the outdoor shopping mecca's owner as in "imminent default" on a $150 million loan.

palmbeachpost.com
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