News about properties and real estate
How about a college education with your new condo? A slow market has developers offering everything from shopping sprees to new cars to vacations. When Karen Nisius was considering buying a new two-bedroom condominium at Toscano in Kendall, one of the deciding factors was a $5,000 shopping spree offered by the developer, Fairfield Residential. ”I …
Continue reading “How about a college education with your new condo?”
Condo builders: Deposits back soon [South Florida] Still debating which New Year’s resolution to keep through next week? Developers of two unbuilt West Palm Beach condo projects have their resolutions already lined up: We promise to give buyers back their deposits … soon. During the past month, buyers in the Opera Place and Palladio Terrace …
Continue reading “Condo builders: Deposits back soon [South Florida]”
What’s Become Of The Condo Conversion? Two years ago one of the easiest ways to make big money in America was to convert apartments into condominiums. The housing slowdown has taken a toll, pruning profits and thinning out herds of condo buyers so much that many converted properties are reverting to apartments. But conversions still …
Builder aims to complete a vision [South Florida] A developer who snapped up seven acres near the center of Coral Gables is banking on the spirit of city founder George Merrick to propel a new residential project. How do you buy seven acres near Coral Gables’ densely developed Miracle Mile? ”You do it very quietly,” …
Continue reading “Builder aims to complete a vision [South Florida]”
You can still make money in real estate You wouldn’t believe Boyd Watkins is a millionaire from his small, slightly run-down house in Burien, but this is just one of 180 houses he owns. Boyd is the king of real estate repo. He buys repossessed properties at government auctions. Within a few years of starting …
Condo complex goes back to lender [Southern California] A 280-unit Oceanside condominium complex from one of the county’s most prolific condo converters has been taken over by its largest lender. Developer Maisel-Presley agreed to hand the keys to the River Oaks project over to Bank of America last month after the bank initiated a foreclosure …
Continue reading “Condo complex goes back to lender [Southern California]”