News about properties and real estate
Many people own rental property of some kind – whether they are renting out part of a primary residence or a vacation home. Regardless of the type of rental property, owners must make themselves acquainted with the various tax rules that apply to it, as these can differ significantly based on the degree to which …
Continue reading “Special tax reporting rules for rental properties”
Balfour at Riverfront Park markets a resort-like lifestyle to seniors near the former Moffat Depot, a few blocks from the beating heart of Denver’s cultural and club scene. “Nobody else is doing this. We believe this is the finest senior living community in the country,” said Michael Schonbrun, founder and CEO of Balfour Senior Living …
Continue reading “Construction for seniors is surging in metro Denver”
A lot of people are down on home ownership these days, some for good reason. • Young people with student debt can’t be enthusiastic because it’s too painful. Their debt takes them out as homebuyers.• Those who overreached during the bubble are still recovering. At best, they are a long way from having the trauma …
On the market for more than three years and green-lighted last month for a new four-unit townhouse complex, a vacant lot at 215 Brazilian Ave. near South County Road has been sold to the project’s developers for $6 million, according to the price recorded with last week’s deed. The developers shouldn’t have any problem recouping …
Continue reading “Brazilian Avenue townhouse site sells for $6M”
Gil Dezer, a Miami-area developer, five years ago had 850 unsold condominiums on his hands and almost $500 million in loans coming due as credit markets froze and buyers disappeared.Today, he’s back in the market with what he sees as a safer bet: a 132-unit luxury project for auto enthusiasts called the Porsche Design Tower. …
Continue reading “Miami Luxury Condos Revived With Buyer Cash Deposits”
A new downtown hotel contemplated by Tampa Bay Lightning owner Jeff Vinik could marry 400 hotel rooms with 50 high-rise condo units, a city of Tampa document shows. Such hotel/condo hybrids were popular around the country until last decade’s real estate bust, particularly among luxury hotel developers, said Chuck Ross, a hotel consultant not affiliated …
Continue reading “Possible Vinik hotel could have 400 hotel rooms, 50 condo units”