News about properties and real estate
Welcome to Gentrification City [Los Angeles] Teardowns. Evictions. Investment. Rebirth. And the significance of that new gelato stand. The perils and pleasures of gentrification Paul Giannotti couldn’t wait another day to embrace the big city. Bored in his placid corner of the San Fernando Valley, he had been searching for a shorter commute, an apartment …
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Judge: Brasota ‘tricked’ investors Paperwork worthless in recovering claims after company’s fall Mayez Zeine sold his business and invested a large chunk of the proceeds in the stock market. He invested some more in Brasota Mortgage Co. The Sarasota man who is legally blind told his daughter about the company. She invested, too.
Tech Booms, Real Estate Busts? Just as the Silicon Valley job market starts to heat back up, home buying hits the skids in the land of venture capitalists and tech startups. The dot-com bubble is long over, but then there’s that other bubble—the one that folks in Silicon Valley often insist never happened here—real estate. …
Landmark Resort to include 3-story waterfall [Central Florida] Nearly three years after the Hyatt Orlando closed its doors, consultants for the new owner vowed to turn the property into “a landmark in Central Florida.” The Landmark Sun and Spa Resort, at the northeast corner of Interstate 4 and U.S. Highway 192, will feature a 378-room …
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Fells Point apartment project up for sale [Baltimore] The developers of a luxury apartment complex in Fells Point plan to sell the project, possibly as soon as this week, to take advantage of growing strength in Baltimore’s multifamily housing market. The Crescent at Fells Point, a 252-unit waterfront development on Fell Street with gourmet kitchens, …
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Developer pays $15M for Flying Bridge site [South Florida] A luxury Naples home developer has bought the shuttered Flying Bridge Restaurant on Casey Key for $15.4 million, two months after a court ruling paved the way for redevelopment there. R&D Cos. tentative plans for the waterfront property at 482 Blackburn Point Road call for a …
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