News about properties and real estate
Dezer Properties takes stake in Sunny Isles Beach Trump Towers As the Related Group unwinds projects, Dezer Properties has taken over the Miami mega-condo developer’s ownership stake at Trump Towers in Sunny Isles Beach and is assuming the remaining debt on the property. Condominium prices are being cut by at least 30 percent at the …
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Lakewood Ranch firm buys lots … $81 million worth [Central Florida] Starwood Land Ventures, a Lakewood Ranch firm formed three years ago to acquire distressed real estate, has scored one of the largest land purchases in Florida in the past year. Starwood Land officials say the company’s $81 million acquisition of nearly 5,500 lots from …
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For some, mortgage relief ends up costing more In 2008, Southwest Airlines flight attendant Kevin Parker slammed his shoulder so hard during severe turbulence that he was out of work for months. His lender, Bank of America, allowed him to skip payments on his St. Petersburg home for 90 days. But when Parker sought a …
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Yes, you can buy a home By now, everyone has heard there are some great real estate deals out there. Foreclosures and short sales, sad as they are for the people who endure them, mean opportunities for buyers — not only in themselves, but also because they drive down the prices of neighboring market-rate homes. …
Reality show real estate rakes in profit Want to rent the “Jersey Shore” house in Seaside Heights, New Jersey? It’ll cost you. What used to be just one of the many homes along Seaside Heights’ stretch of boardwalk is now a prime rental property that can cost as much as $4,000 a night, said the …
Miami-Dade foreclosure auction site baffles bargain hunters A new online foreclosure auction system started with a mission of quickly moving a chunk of foreclosed properties while opening up the bidding process to regular folks. A little more than a month later, some of the newcomers who bought property online say they were misled by the …
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