News about properties and real estate
Builders mimicked CCI and survived [South Florida] A Fort Myers builder got loans from many banks; CCI only tapped Coast. The idea of buying houses in Southwest Florida with no money down and making tens of thousands of dollars by selling them before construction was even done obviously appealed to a lot of investors nationwide. …
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Diversification secret to success in property investment It was late November in 2005, and Dan and his wife saw what they thought would make a good holiday gift to themselves within a year or so. They picked out a condo they liked, that seemed like it would return a handsome profit in short order. After …
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Club owner looks way beyond the beach [South Florida] Nikki Beach has embarked on a major expansion into branded hotels and casinos, real estate and even a cruise ship. Think Nikki Beach, and dance-until-dawn night clubs, champagne sprays on the sand and four-poster beds by the pool come to mind. Now Nikki Beach owner Jack …
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Ready to Buy a Business Property? While residential real estate slows, the commercial market remains fairly healthy. Is now the time to buy? Some entrepreneurs are content to rent space for their businesses year after year, but others have been anxiously watching the residential housing market, hoping for an opportunity to take their commercial lease …
Cost of renting commercial space in S. Florida creeps up toward New York rates [South Florida] When Jim Cahlin looks at commercial real estate in South Florida, he’s starting to see New York. “We’re getting closer and closer to rental rates in major metropolitan markets,” said Cahlin, a broker for Cushman & Wakefield. At year-end …
Real estate bargains leave rural towns reeling in change Put a piece of a small Kansas town up for sale and it could wind up like Rexford in Thomas County, whose downtown has been bought up and turned into a religious conference center. Or it could be like St. John in Stafford County, where a …
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