News about properties and real estate
Bidders find bargains at foreclosed homes auction Diana Alebord knew what she wanted – a three-bedroom, two-bath house – and she had three properties in mind. The 45-year-old Sarasota woman drove to Tampa, hoping to find a bargain at an auction of foreclosed homes held Tuesday night at the Tampa Convention Center. The auction, hosted …
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La Via Units Sell for $55,000 Each [South Florida] A foreign investor has purchased 26 units at the La Via Condominium complex in Pembroke Pines for just over $1.4 million, or $55,000 per unit, in an all-cash transaction. Atlanta-based Apartment Realty Advisors Inc., which arranged the sale, expects to see more such fractured condo purchases …
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Cheaper homes in subdivision anger residents The for-sale signs at the entrance to Hays Farm offer the first clues that not all went as planned at the subdivision alongside Kennesaw Mountain National Battlefield Park. The older, more weathered sign reads, “new homes … high $500s.” The newer, shinier sign reads, “distinctive homes … from the …
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Pa. investor buys 26 condos in West Palm for $5 million In a sign that bargain hunters are taking advantage of West Palm Beach’s condo glut, the head of a large Pennsylvania-based roofing company has snapped up 26 units at The Edge. Ed Dunlap, chairman of CentiMark of Canonsburg, Pa., paid $5 million for condos …
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New York Times Tower Leaseback Plan May Disappoint The New York Times Co. may have missed its chance to cash in on its Manhattan headquarters. The media company’s plan to raise up to $225 million by selling its portion of the 52-story skyscraper and paying rent to stay there may come too late, said Dan …
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26 sue law firm over West Palm Beach condo money [South Florida] More than two dozen buyers trying to recover deposits on the failed Palladio Terrace condo have filed a $2.5 million lawsuit against the Gunster Yoakley law firm, claiming the firm failed to properly guard their cash when it served as the condo’s escrow …
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