Builder files lawsuits in Chinese drywall case Lennar Corp. has filed a major lawsuit against a lengthy list of manufacturers, suppliers and installers whose products or services were used by the company in the construction of its homes carrying Chinese drywall. The suit from the Miami-based home builder over the drywall issue comes on top …
Category Archives: Commercial Properties
Proposal: Pay fee, skip condo-conversion line [Northern California]
Proposal: Pay fee, skip condo-conversion line Waiting to go condo is San Francisco’s version of waiting for Godot. Building owners can spend years vying for one of 200 condo-conversion slots awarded annually via a lottery. But this year San Francisco is considering letting people skip the line, offering a one-time chance to the hundreds of …
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Finding Funding for a Real Estate Venture
Finding Funding for a Real Estate Venture Q: I recently started a small business of buying and rehabbing homes for rental to the incoming military in the area. The banking crunch has halted our purchases as of now. I am looking for funding to complete the homes already purchased. Is there help out there for …
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Want a green card? Pay $1M for stake in Orlando-area condo hotel [Central Florida]
Want a green card? Pay $1M for stake in Orlando-area condo hotel [Central Florida] Condominium hotels were among the first real-estate investments to go sour as the housing market slumped and, later, the credit markets seized up. But Lake Buena Vista Resort Village & Spa is hoping the lure of permanent U.S. residency will eventually …
Failure to fund board’s reserves could have future consequences
Failure to fund board’s reserves could have future consequences Question: I live in a retirement condominium that is about 40 years old. Our county notified us that our condo must be inspected by an engineer to determine if it has construction deficiencies. The report indicated that our main problem was the roof. We recently started …
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Pa. investor buys 26 condos in West Palm for $5 million
Pa. investor buys 26 condos in West Palm for $5 million In a sign that bargain hunters are taking advantage of West Palm Beach’s condo glut, the head of a large Pennsylvania-based roofing company has snapped up 26 units at The Edge. Ed Dunlap, chairman of CentiMark of Canonsburg, Pa., paid $5 million for condos …
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