News about properties and real estate
2nd developer sues Hackensack lender [North Jersey] A Florida developer has accused Hackensack’s Kennedy Funding Inc. of failing to repay $525,000 from an unsuccessful loan application. A lawsuit filed by Royale Luau Resort LLC of Destin, Fla., in U.S. District Court in Newark claims the company made the payment to Kennedy Funding as part of …
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Florida business owners might see tax relief Owners of small apartment buildings and mom-and-pop businesses who have faced massive increases in their tax bills could see some relief under a plan that is moving swiftly through the Florida Legislature. A bill passed 13-0 by the House Government Efficiency & Accountability Council Wednesday would change the …
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Hoteliers walk a fine line With pictures of kids hanging on the office walls and rooms named after Gabriella, Francesca and Nick, the Captiva Beach Resort bears all the hallmarks of a family business. But the people who are most interested in the future of this 20-room inn on Siesta Key spend just a few …
Glut of rentals is forcing owners to lower rents During the past year, Scott Corbridge, who runs Sarasota Management & Leasing, has seen a 100 percent increase in the number of rental properties that his firm manages. Corbridge explained this trend earlier this month through a series of e-mail messages with Herald-Tribune staff writer Michael …
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Downtown Orlando towers have sales appeal Owners of condo units in the Vue at Lake Eola, the region’s tallest residential tower, should begin moving in before the end of the year, the developer said Tuesday. Work is almost complete on the 35-story building’s penthouse terraces, which overlook Lake Eola in downtown Orlando. And nearly 90 …
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Florida lawmakers want to help renters with cuts in property taxes The more than 850,000 residents of Broward and Palm Beach counties who rent their homes would benefit by changes key lawmakers say they are now willing to make to the tax cut plans taking shape in the Legislature. Until now, many Republican lawmakers had …
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