Orlando’s condo boom a thing of the past After a more than five-year frenzy, the condo-building boom in downtown Orlando has ground to a halt. A new Orlando Sentinel survey of the downtown core finds that more than two-thirds of the 40 new high- and mid-rise condo projects announced in recent years are in limbo, …
Monthly Archives: August 2007
Developer of stalled Eden condos asks Boca Raton for permit extension
Developer of stalled Eden condos asks Boca Raton for permit extension [South Florida] It may be called Eden, but many say the Boca Raton condo project is nothing but trouble. Now the developer who failed to complete the luxury condos has a new plan: a community for seniors. That’s if the Boca Raton City Council …
Continue reading “Developer of stalled Eden condos asks Boca Raton for permit extension”
‘Underpriced’ at $100 Million
‘Underpriced’ at $100 Million Five houses are vying to be the most expensive ever sold, market slump notwithstanding. Ben Casselman and Christina S.N. Lewis handicap the race. The price to beat is $103 million. Two years ago, at the peak of the real-estate boom, only a handful of homes in the U.S. had ever been …
State reviews title insurance
State reviews title insurance Cozy relationships between title insurance companies and real estate agents, builders and lenders, and the question of who ends up with premium dollars were at the heart of a four-hour public hearing in Tallahassee on Thursday as Florida regulators began to pull back the curtain on the little-known title insurance business. …
Real Estate Record Hits Hurdle
Real Estate Record Hits Hurdle When the private equity firm Somerset Partners announced last month it was acquiring 450 Park Ave. for $1,589 a square foot, a record for a Manhattan office building, it was hailed nationwide as a sign of the historic strength and high demand in the city’s commercial real estate market. Now, …
Florida men may face federal indictments in alleged fraud
Florida men may face federal indictments in alleged fraud A group of men accused of bilking hundreds of Southwest Florida residents out of at least $35 million will ask a judge today to put a state civil case against them on hold because they are facing a federal indictment. The indictment would be the first …
Continue reading “Florida men may face federal indictments in alleged fraud”