Judge flags preacher’s use of donations Testimony in divorce court about the tangled finances of controversial preacher Jose Luis De Jesus Miranda has prompted a judge to alert the feds about his ministry’s operations. The Miami-based preacher who has basked in international attention since declaring himself the second coming of Jesus Christ has used charitable …
Category Archives: Commercial Properties
Developer’s record marred by missteps [South Florida]
Developer’s record marred by missteps [South Florida] The developer who promised a biotech park in Liberty City has a record of foreclosures, defaulted loans and a bankruptcy. Dennis Stackhouse stood before the Miami-Dade County Commission, hoisting a map of Kendall Square, the Cambridge, Mass., neighborhood that is widely considered a Silicon Valley of the biotech …
Continue reading “Developer’s record marred by missteps [South Florida]”
Young broker’s career a wild ride
Young broker’s career a wild ride Still shy of his 30th birthday, broker Clint Conway has already gone through business undulations many don’t experience in an entire career. But in the wake of his work last month on the $65 million sale of the Hyatt Sarasota to giant equity firm the Blackstone Group, Conway is …
The year’s hot investment? Apartment buildings [The Twin Cities]
The year’s hot investment? Apartment buildings [The Twin Cities] Flat-roofed and 50 years old, Centennial Gardens in Roseville is a sturdy 190-unit apartment building in need of a facelift – not a show stopper. Nonetheless, the brick complex attracted 12 written offers when it hit the market in April and is scheduled to close in …
Continue reading “The year’s hot investment? Apartment buildings [The Twin Cities]”
Renting for Monthly Loss Could Result in Long-Term Gain
Renting for Monthly Loss Could Result in Long-Term Gain I received an email from a reader in Santa Barbara County, Calif., regarding the sale of her house that, once selling fees and closing costs are paid out, she would have to come to the table with a check to get out of the property. “Right …
Continue reading “Renting for Monthly Loss Could Result in Long-Term Gain”
Puig’s bankruptcy may be one of many more to come [South Florida]
Puig’s bankruptcy may be one of many more to come [South Florida] Condo converter Puig Inc. is a casualty of the housing downturn. Some think the Hialeah company’s bankruptcy may be one of many more to come. Since South Florida’s raucous real estate party ended, the hangover has taken different forms — sales plunging, foreclosures …
Continue reading “Puig’s bankruptcy may be one of many more to come [South Florida]”