Wednesday, October 21, 2009

Miami condos for sale, Miami Beach real estate

ICON Brickell Reducing it’s Miami Condos for Sale by 30%

In the hopes that it will serve as a powerful incentive to get hundreds of stubborn buyers to close, the Related Group is reducing prices on units in ICON Brickell, a three-tower luxury condominium project in Miami's Brickell district, by a beefy 30%.

President of Related Cervera Realty Services, Alicia Cervera, said the Related Group had reached an agreement with its lenders, which include HSBC, Bank of America and Wells Fargo, to offer the discounts on its Miami condos for sale for buyers with existing contracts.

Also, on a first-come, first-serve basis, a group of construction lenders has agreed to finance short-term loans on the Miami condos for sale for a limited number of buyers. Cervera said, the loans have fixed interest rates and mature in five years.

Full Article...Miami condos for sale, Miami Beach real estate

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