‘Underpriced’ at $100 Million Five houses are vying to be the most expensive ever sold, market slump notwithstanding. Ben Casselman and Christina S.N. Lewis handicap the race. The price to beat is $103 million. Two years ago, at the peak of the real-estate boom, only a handful of homes in the U.S. had ever been …
Category Archives: Breaking News
State reviews title insurance
State reviews title insurance Cozy relationships between title insurance companies and real estate agents, builders and lenders, and the question of who ends up with premium dollars were at the heart of a four-hour public hearing in Tallahassee on Thursday as Florida regulators began to pull back the curtain on the little-known title insurance business. …
Real Estate Record Hits Hurdle
Real Estate Record Hits Hurdle When the private equity firm Somerset Partners announced last month it was acquiring 450 Park Ave. for $1,589 a square foot, a record for a Manhattan office building, it was hailed nationwide as a sign of the historic strength and high demand in the city’s commercial real estate market. Now, …
Florida men may face federal indictments in alleged fraud
Florida men may face federal indictments in alleged fraud A group of men accused of bilking hundreds of Southwest Florida residents out of at least $35 million will ask a judge today to put a state civil case against them on hold because they are facing a federal indictment. The indictment would be the first …
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Miami condo units to be auctioned [South Florida]
Miami condo units to be auctioned [South Florida] Panoramic views of Biscayne Bay. A short distance to the Carnival Center and downtown Miami. Living in the heart of Miami’s emerging Edgewater neighborhood. It’s all yours — for auction next month inside a Marriott Hotel ballroom. In what may preview the straits the ailing South Florida …
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Movin’ On Down
Competition Among Top Firms Heats Up In Still Solid Sector For High-End Real Estate There’s a new piece of ammunition in one of luxury real estate’s fiercest battles: a $34,000 trailer in Goleta, Calif. The home is for sale through Sotheby’s International Realty, a brokerage better known for oceanfront estates and country manors. The company …