News about properties and real estate
Waning Days of Grace for New Orleans Homeowners Strains begin to show as mortgage reprieves are extended. Borrowers say some lenders demand lump sums at the end of forbearance periods. As unpaid home-loan bills pile up, mortgage companies and owners of hurricane-ravaged property are still unsure what federal assistance they may get, and uncertain if …
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Green Cay Village lowers the price of success When Michele Robinson, a single mother, steps inside her new Boynton Beach area townhouse next fall, she can thank an unlikely alliance: two vegetable farmers who sold their prime land below market value with the stipulation that affordable housing be built on it; a pair of developers …
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Gosman estate goes on market It was a day of all things Palm Beach. There were the luxury cars — Lamborghinis, Maseratis, Ferraris, three Carrera GT Porsches, a rare Mercedes-Benz CLX DTM shipped from Germany for the event, the 1956 Silver Wraith Rolls Royce used in the 1981 movie Arthur starring Dudley Moore and a …
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Buy, Borrow, Buy Couple uses leverage to build an empire of eight vacation properties “There’s not that much waterfront land out there,” she says. “So I think prices are going to continue to go up.”
Bradenton Florida Mainstreet Apartments going condo Mainstreet Apartments were sold last month to Tarragon Realty Investors for $38 million, and last week residents were informed that the community is going condo. Though the signs still say Mainstreet, residents of the newly named 210 Watermark may soon find themselves looking for a new place to live …
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Westside Lofts condo files for bankruptcy Proposed South Beach condominium Westside Lofts filed for bankruptcy in a bid to reorganize the troubled development. The move comes amid legal battles in Miami-Dade Circuit Court between the development company and its lender and general contractor. Eastern National Bank is seeking more than $2 million for an overdue …
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