An affiliate of Strategic Property Partners has purchased a historic downtown building for use as its office space as it forges ahead with a massive redevelopment of the Channel District. 802 Whiting LLC acquired a 1920s-era building at 802 E. Whiting that housed a paper company and wholesale grocer before becoming the District 3 event …
Author Archives: Administrator
3 Tech Trends Helping to Bring New Investors to Real Estate
Real estate has been a volatile market over the last decade, leaving many people wary of investing in residential and commercial properties. As a result, would-be investors are looking at the market differently and using new strategies to achieve success. Technology has been a major factor in that shift, empowering investors to research their options …
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Flipping houses stays red hot and Tampa Bay remains one of its favorite markets
Last April, he and a partner paid $275,000 for a house in a coveted South Tampa neighborhood. After renovations, they sold it in November for $515,000 — a gross profit of $240,000.That wasn’t their only impressive flip. A Tarpon Springs house Paloscio snagged for $170,000 last year sold six months later for $325,000.But Paloscio knows …
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Fla. Jury Awards $44M To Investors In Failed Condo Project
A Florida jury on Thursday awarded $43.9 million to an investment group that includes billionaire Wayne Huizenga and former Miami Dolphins quarterback Dan Marino for a condominium project that failed financially after a Wachovia employee sent out confidential contact information to more than 100 condominium buyers. The jurors in Fort Lauderdale hit Wachovia Mortgage Corp. …
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Foreclosure crisis over, Polk courts are breathing easier now
A decade ago, a collapsing housing market triggered an avalanche of foreclosures that nearly brought the civil court system in Polk County and across the country to its knees. Judges and court clerks grappled with an unprecedented flood of foreclosure lawsuits that no one had seen coming, and for which they were unprepared. In 2013, …
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A British-style conservatory makes this Sarasota home unique
Most Florida homeowners’ familiarity with the glass room known as a conservatory begins and ends with the crime-solving board game Clue. You know, Col. Mustard did it with the candlestick in the conservatory. But Sarasota homeowners Marta and Chuck Swanson have made an authentic upper-level conservatory the centerpiece of their home.The room with a wraparound …
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