News about properties and real estate
A lender-owned beachfront property in Jupiter just sold to a foreign investor for $9.75 million, or $812,500 per unit. 3000 Ocean Dr., a 12-unit condo, was completed in 2010 at a cost of $18 million.CBRE marketed the property for sale on behalf of the lender, West Suburban Bank, after it foreclosed on the property in …
Continue reading “Bahrain Buyer Grabs Lender-Owned Condo for Half Price”
Being able to click with people — all kinds of people — can mean success for a homebuilder. From childhood, Christin Cupp has known all kinds. Her mother, she says, was a "bar floozy." Her father, a Jehovah’s Witness. “During the week, I grew up in a bar,” she said. “On the weekends, I would …
Continue reading “Charlotte County builder’s odd road to success”
Q. Please let us know how one can identify a well-managed condominium association when considering purchasing a unit. Please share your top three or four questions to ask as well as tips to look for in the answers.— J.G. A. I would first sit down and compose a list of thing you want in your …
Continue reading “Richard White: Tips on how to identify a well-managed condo association”
Meg McKennon’s workload has surged since the Seattle real estate agent switched to managing residential properties. Now she gets paid for finding tenants instead of buyers – an easier task as rentals soar. “In the past two months, my business probably came close to tripling,” said McKennon, who started management company Dwellings Seattle Real Estate …
Continue reading “Property managers busy as rental market surges”
A crown jewel of Tampa’s skyline has sold as part of a 14-building deal. The SunTrust Financial Centre went for $82 million — $32.5 million less than it sold for in 2007. Beacon Capital Partners, a Boston-based real estate investment trust, bought the 36-story skyscraper and 13 other buildings last month in a $1.71 billion …
Continue reading “Tampa’s SunTrust skyscraper is sold for $82 million”
When Michael and Monica Tesoriero started looking at houses last year, they were set on a single-family in Medford – until they saw how little they could get for their money. “After seven months of looking,” says Monica, who works in finance at Harvard University, “we came to the realization that most houses in our …
Continue reading “5 things to consider before buying a multifamily home”