News about properties and real estate
No refuge in Windward fallout [South Florida] There are a few things missing at The Preserve at Windward, a gated community with 126 poolside condominiums overlooking Coral Creek near Placida. Namely: A pool, a gate and 90 condominiums. Nevertheless, for about $7 million, the unfinished project can be yours. The 13.15-acre property will be sold …
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Real-estate briefs of the rich and famous The Tennessee house where Johnny Cash lived for 35 years has sold to singer-songwriter Barry Gibb of the Bee Gees. Mr. Gibb and his wife, Linda, paid $2.3 million for the property, according to Robert Sullivan, an attorney who sold the site on behalf of the estate. The …
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Ultimate Homes selects top local luxury properties [South Florida] Beautiful homes are a common sight in Southwest Florida. But according to a recent national publication, Collier County is home to more than a dozen of the most luxurious homes available in the United States. Ultimate Homes, a publication of magazine Unique Homes, placed 13 of …
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Capital Partners bids for REIT [Central Florida] Orlando-based Capital Partners Inc., a fast-growing real estate investment company, has made a $4.4 billion cash offer for Highwoods Properties Co., a North Carolina company with extensive property holdings locally and throughout the Southeastern U.S. Capital Partners confirmed Wednesday it is offering $36 a share for Highwoods, a …
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Try-Mor residents in limbo [South Florida] For almost a year, Carol Kuebler has lived with the uncertainty that has become all too familiar for those living in mobile home parks throughout Florida. It’s the unsettling question, “Who’s going to own our park tomorrow?” But for Kuebler, that uncertainty now carries a sense of urgency.
Gifting real estate may escape taxation DEAR BOB: My son and his wife live in a free-and-clear house I own. He pays utilities and maintains the property. He proposes I add both their names to the title so that in 24 months we can sell the property and he would then purchase in his name …