News about properties and real estate
Fueled by overseas buyers, South Florida condo sales soar Nicola Schon, an Italian restaurateur with homes in Monte Carlo, Milan and New York, wanted the perfect pied-รก-terre in Miami, with plenty of space, water views and amenities such as a spa, concierge and room service. So he bought a $1.8 million condo at Epic in …
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Boynton Beach condo closes two sales, vows to hang in This past weekend, officials with the Promenade condominium had reason to celebrate. Nine months after the Boynton Beach condo was completed, they finally closed two condo sales. “Kids were swimming in the pool this weekend,” said Promenade official Pryse Elam. It’s been a long time …
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Federal program will help struggling homeowners Struggling California homeowners will have another source of assistance later this year from a federal program giving the state $700 million to devise its own foreclosure-prevention solutions. While that sounds like a windfall, it’s minuscule compared with the hundreds of thousands of California households in default. That’s why the …
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Investors buying lots in North Port again [South Florida] Building lots are beginning to sell again, and some are being bought and resold for quick profits by investors from foreign lands. Take Land Investors Corp., for example. This Swiss company, based in Geneva, has purchased 39 lots in North Port for an average of $3,400 …
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Distressed homeowners lure Chase counselors to Riverview [Tampa Bay Area] There’s a reason JPMorgan Chase chose Riverview for its second Homeownership Center in the Tampa Bay area. It’s where a sizable portion of its troubled borrowers live. The lender is trying to make it easier for its financial distressed customers to meet face-to-face with counselors …
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Much in flux about proposed downtown Sarasota hotel [Central Florida] Though plans filed with the city prominently say Summerfield Suites Hyatt, the property owner behind the proposed 18-story hotel on Main Street acknowledges the lodging brand could change. Property owner Harry Walia said the change in hotel “flag” would likely occur if a Hyatt internal …
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