Living large at Luxuria [South Florida] Would you like to live in Boca Raton on the ocean? If you have a friend who sells real estate, you can both be happy at Luxuria, a 24-unit condo that immodestly bills itself as the most “grandiose and extravagant residential building ever constructed in South Florida.” At a …
Category Archives: Commercial Properties
Seattle luxury-condo complex Escala will raise prices
Seattle luxury-condo complex Escala will raise prices The market for new downtown condos has cooled. Many potential buyers are backing off, fearful of recession and wary of the national real-estate downturn. So Escala, the 31-story luxury complex under construction at Fourth Avenue and Virginia Street, is raising its prices? Developer Lexas Cos. said this week …
Continue reading “Seattle luxury-condo complex Escala will raise prices”
Condo seller employs new strategy: pay back buyers [South Florida]
Condo seller employs new strategy: pay back buyers [South Florida] Selling condos in South Florida has become such a difficult task that some sellers are actually paying buyers to acquire their units. The Villas at Emerald Dunes, a recently finished condo development in West Palm Beach, is offering buyers a deal where the seller would …
Continue reading “Condo seller employs new strategy: pay back buyers [South Florida]”
Students find luxury near campus [North Florida]
Students find luxury near campus [North Florida] Jacey Dykstra’s condominium is anything but an average student residence. Continue to 2nd paragraph The University of Florida sophomore nursing student comes home to 10-foot ceilings, granite countertops, French doors that open onto a private balcony and walls so thick, she never hears any of her more than …
Continue reading “Students find luxury near campus [North Florida]”
Office Investor Broadway Partners Faces the Music on Short-Term Debt [Manhattan]
Office Investor Broadway Partners Faces the Music on Short-Term Debt [Manhattan] Broadway Partners put its name up in lights by being one of the most aggressive buyers of office skyscrapers in the past two years. Now, it’s scrambling to put its financial house in order. Broadway, a closely held New York-based office investor, bought $13.6 …
Continue reading “Office Investor Broadway Partners Faces the Music on Short-Term Debt [Manhattan]”
Unpaid fees trouble condos [South Florida]
Unpaid fees trouble condos [South Florida] From the West Broward suburbs to Miami’s trendy Brickell high-rises, condo associations are raising fees or cutting services because some of their members aren’t paying their share. At the Fountains of Tamarac, the condo association has no insurance, a couple of unit owners are cutting the community’s grass themselves, …
Continue reading “Unpaid fees trouble condos [South Florida]”