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Westwood Financial Corp. Purchases Lakewood Colonial Center

WASHINGTON, D.C. - April 25, 2013 - (RealEstateRama) -- Westwood Financial Corp., one of the largest owner-operators of shopping centers in the U.S., has purchased the Lakewood Colonial Center, a 114,691-square-foot retail center in Lakewood, giving the company its second shopping center in the state. The transaction was purchased REO from a local bank and was closed in under two weeks.

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Why Condo Presales Now Open With a Stacking Plan

A condo presale has a strange retail problem: at launch, there's nothing physical to sell. The building is a hole in the ground, the model suite is one staged room, and the actual product exists only as drawings. That's how the stacking plan, of all documents, has quietly become the centrepiece of the modern launch.