News about properties and real estate
Staying ahead of home market means going overseas David Omler is helping to incite a British invasion of a profitable kind. The owner of Paradise Properties in Satellite Beach, Omler is targeting foreign buyers — particularly sunshine-hungry, palm-starved Brits — for his portfolio of high-end Brevard County properties. “The market is changing fast, and you …
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Condo offers couple home plus investment For Bryan and Brooke Allen, downtown Knoxville isn’t just a place to call home – it’s also a business opportunity. The Allens live part time in a 1,500-square-foot condo in the Fire Street Lofts at 214 Jackson Ave. Along with their 1-year-old daughter, the couple splits time between the …
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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Subprime defaults close mortgage firm [North Jersey] Bergen County mortgage banker David Sadek was riding high a year and a half ago, serving sushi and shish kebab to investment-banking clients aboard his yacht A Loan at Sea. His firm, founded in 1991, was on track to achieve a company record of $1 billion in annual …
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Developer Ross Says Real Estate At ‘Best Moment’ in History Wall Street is jittery about the fallout from a meltdown in the subprime lending industry, a slowdown in consumer spending, and a sagging retail sector. But for master developer Stephen Ross, the chairman, chief executive officer, and founder of the Related Cos., the economy couldn’t …
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