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$45M Appraisal Suit Against CBRE Downsized

By Sindhu Sundar (February 28, 2012, 8:11 PM EST) -- A Florida federal judge on Tuesday trimmed a $45 million suit by an investment firm accusing real estate services firm CB Richard Ellis Inc. of providing misleading appraisals that inflated the value of a British West Indies property for which the investment firm had loaned $72 million to developers....

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