News about properties and real estate
Hallandale condo worker got hush money, cops say [South Florida] Three of the men accused of bilking $1.4 million from Hallandale Beach condominium owners paid a building employee $86,000 to keep quiet about the fraud, according to police. One place allegedly used as a payoff site: the parking lot of a Miami-Dade Wal-Mart. Valerie Davis, …
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No housing slump in Hamptons Ron Baron, founder of the investment company bearing his name, didn’t hesitate to pay $103 million for a 40-acre parcel in East Hampton, N.Y. It is the record for a residential property in the U.S. and just a little less than double the annual compensation of some of his neighbors. …
Tampa tower loses Trump Trump Tower Tampa has lost its biggest asset: the Trump name itself. New York tycoon Donald Trump has terminated his contract with SimDag, the Tampa development team behind the proposed $300-million condo tower long touted as west Florida’s tallest and most luxurious. Trump’s defection could be fatal to a project launched …
Tax Bill-a Collina [Central Florida] When developer Bobby Ginn first shared plans for a new ultra-upscale community on the southwest shore of Lake Apopka, buyers flocked from around the world to pay a small fortune for a slice of his ambitious vision. Bella Collina has quickly become one of Central Florida’s priciest developments, with neatly …
Students attract investors Ram Realty Services can thank those babies of baby boomers for $4.5 million. The Palm Beach Gardens, Fla., company sold the Ivy Chase student apartment complex at 3351 Cum Laude Court in West Raleigh to a group led by Julian LeCraw & Co. of Atlanta for $23.3 million — 24 percent more …
Waldemere Plaza deal back on track [South Florida] Sarasota Memorial Hospital expected in early 2006 to have the sale of its Waldemere Medical Plaza wrapped up before the calendar turned over. Five months into this year, hospital officials are now hoping to complete a pending $25 million deal to sell the eight-story building to a …
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