News about properties and real estate
Mirassou Condo seeks new system to collect owners’ fees [South Florida] Dealing with an ongoing crisis, the company that manages cash-strapped Mirassou Condominium wants to start a blanket receivership system to collect association fees from deadbeat owners. Concerned residents and their families gathered at the Northwest Dade condominium’s clubhouse for a board meeting Monday evening. …
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Real estate: South Florida business tenants benefit from troubled commercial real estate market Venerable law firm Proskauer Rose is getting new digs. Sort of. The 134-year-old firm, in Palm Beach County since 1977, recently announced plans to stay at One Boca Place in Boca Raton. It’ll expand into larger offices and consolidate on one floor …
More Sellers of Luxury Homes Turn to Auctions Jack Warner leaned against his home bar and checked his watch before resuming his blank stare at the white tent outside his multimillion-dollar dream house, with its swimming pool and views of the Florida gulf, soon to be sold at auction. “My whole life happens in two …
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Short sales: The odds are against cash-strapped homeowners Cash-strapped homeowners who owe more than their properties are worth often try to get out of trouble by selling for less than the mortgage amount and asking lenders to forgive the difference. It sounds simple. But so-called short sales rarely are. The deals frequently are exercises in …
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Housing begins to reverse 3-year recession in every US region, but 2nd half looks rocky It was — note the past tense — the worst housing recession anyone but survivors of the Great Depression can remember. From the frenzied peak of the real estate boom in 2005-2006 to the recession’s trough earlier this year, home …
A Superstar Real Estate Agent Plots His Comeback It’s the perfect Miami morning at Carlos Justo’s penthouse — warm and bright, with luxury yachts powering through the sparkling blue Atlantic Ocean some 30 stories below. Justo, a 53-year-old real estate agent, has been awake since 3:30 a.m. but he shows no sign of fatigue. His …
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