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Private investment firm RER Equities has acquired $33.4 million in residential and commercial mortgages out of Miami-Dade, Palm Beach and Broward counties, according to the Sun-Sentinel.com.
The newspaper reported that RER acquired 51 notes from EuroBank, which is a subsidiary of Banco do Brasil. The deal was completed in 30 days.
The article suggests the property mix included homes, offices, warehouses, shops and gas stations.
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