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Arvida Picks RealtyRates for Financial Data

CLEARWATER, FL-Florida's largest independent real estate brokerage has signed a strategic alliance with the Bradenton, FL-based research house to provide online commercial property mortgage and investment market data. Terms of the deal weren't disclosed.

By Alex Finkelstein | Updated on July 11, 2001

CLEARWATER, FL-Arvida Realty Services Inc., Florida’s largest independent real estate brokerage, has signed a strategic alliance with Bradenton, FL-based RealtyRates.com for online commercial property mortgage and investment market data. Terms of the deal weren’t disclosed. Clearwater is 80 miles west of Downtown Orlando.

Clearwater, FL-based Arvida selected RealtyRates from a host of emerging online commercial real estate data services competing in a limited market. Arvida’s gross 2000 sales totaled $8.2 billion.

“The alliance reflects the growing need among commercial real estate firms for timely mortgage information and market-based analytics,” RealtyRates president Robert Watts says in a prepared statement.

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