News about properties and real estate
Highrollers are folding in Sin City [Las Vegas] First, the Icon Las Vegas was derailed, then the Hard Rock Hotel and Casino expansion and now the Curve. What’s up with Sin City’s luxury high-rise condo market? In the last several months, at least seven marquee Las Vegas condo projects have either been canceled or put …
Continue reading “Highrollers are folding in Sin City [Las Vegas]”
Sebastian fish house deal sinks In County Commissioner Wesley Davis’ effort to buy and preserve longtime commercial fish houses, Capt’n Butcher’s Floodtide Marina and Seafood may be “the big one that got away.” “I pulled the plug,” property owner Harold Adams said Thursday. He said he called off the deal on his 2.8-acre Capt’n Butcher’s …
Lifelong house no longer home Broker’s deal ends with couple facing eviction by new owner Carol and Anthony Calvagno said they just weren’t thinking straight three years ago when the solicitation from Southern Star Mortgage came in the mail. “I would have done anything I could possibly do to save my house,” said Carol, 52, …
Insurance burden could fall on policy holders [Florida] Picking up the pieces after Poe Financial Group’s breakdown will fall to the state’s insurance pool — and possibly Florida residents. The downfall of Poe Financial Group, Florida’s largest insurance insolvency, is a burden that will fall to the state’s insurer of last resort — and eventually …
Continue reading “Insurance burden could fall on policy holders [Florida]”
Condo construction halted; lender files for bankruptcy When a Las Vegas lender plunked down money from retirees, investors and even a medical research firm’s pension fund to finance construction of a West Palm Beach high-rise condo, everyone gambled that red-hot Florida real estate was a sure thing. Low-income residents of the apartment complex moved, heavy …
Continue reading “Condo construction halted; lender files for bankruptcy [South Florida]”
Bargains forecast When his landlord raised the rent one time too often, John Polite decided it was time to buy. But on a new minister’s salary, he would need to find a bargain. “That’s the only way I was going to get into anything,” he said. So in 2002 he did what many wanna-be homeowners …