News about properties and real estate
Peter Flotz believes in bringing the personal touch to business. It’s not unheard of him, for instance, to walk into meetings for multi-million dollar development projects bearing a box of his mother’s cookies. That personal touch has helped him forge successful partnerships, he says, but has also hurt as he has sometimes let his heart …
Continue reading “Big hearted developer has big plans for Melbourne skyline”
Innkeepers USA Trust won approval to extend control over its bankruptcy amid a dispute with Cerberus Capital Management LP and Chatham Lodging Trust over whether they will buy 64 of its hotels. The new deadline to file a Chapter 11 plan will be Nov. 10 once a formal order is submitted, U.S. Bankruptcy Judge Shelley …
Continue reading “Innkeepers Wins Approval to Extend Control of Bankruptcy”
Those who want even more help are turning to rental-management professionals. “It’s been a huge boon for us,” said Brenton Hayden, president and CEO of Renters Warehouse, Golden Valley. Unintentional landlords now represent more than 50 percent of his firm’s customers, up from about 10 percent just two years ago. “We’ve had to staff up …
This is going to be exciting! There is nothing more exciting than talking about numbers, budgets and statistics to get everyone hanging on the edge of their seats … or the abyss to boredom. End sarcasm here. One of the more consistent questions asked by real estate consumers is, what exactly is included in the …
Continue reading “Chris Griffith: Making sense of condo maintenance fees”
Homeowners in foreclosure are increasingly plotting a graceful landing that leaves them not in dire straits following an eviction, but with the same or even better living standards than before they defaulted. A study released this summer by a Federal Reserve Board discussion group found that homeowners post-foreclosure are bucking conventional wisdom that dictates they …
The creators of a new and unusual downtown condominium project have only the very neighborly in mind. The co-owners of Walnut Commons aren’t looking for neighbors interested in just borrowing a cup of sugar or waving “hello” as they pull out of their driveways. Walnut Commons is a proposed cohousing community that would include 19-21 …