News about properties and real estate
Home buyers duped into foreclosure [South Florida] The beige ranch house at 4501 SW 13th Ter. looks much like any other on this ordinary street in the Little Gables neighborhood. But it’s one of a string of homes bought for more than $7 million in suspicious mortgage deals orchestrated by the former co-owner of a …
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After long fight, Pembroke Pines condo receives $8 million insurance check for Wilma damage [South Florida] For 18 months, the patched roofs leaked at the Park Place condo complex while the board of directors tried to get its insurance company to fix the damage caused by Hurricane Wilma. Southern Family Insurance had offered the Pembroke …
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In ‘walk of faith,’ Tamarac pastor sells churchgoers land in desolate west Texas The Rev. Dennis Grant has found his version of the Promised Land — miles of undeveloped desert in far western Texas he is reselling for $22,000 per 20-acre parcel. Preaching that “God did not create us to be broke,” Grant, a community …
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Photographer Testino To Buy NYC Condo Fashion photographer Mario Testino has signed a contract on a New York City condominium for close to $6.3 million, the asking price. [Mario Testino] Mr. Testino’s roughly 2,600-square-foot apartment is in 40 Bond, a soon-to-be completed downtown-Manhattan project of hotelier and developer Ian Schrager. Mr. Testino, who’s based in …
Trump withdraws offer for Running Horse [Fresno] Billionaire developer Donald Trump withdrew his bid for the bankrupt Running Horse development in Fresno on Monday, claiming that owner Mick Evans was deliberately stalling in an attempt to take over the project himself. But Trump’s withdrawal — which came in a surprise afternoon telephone call to KMJ’s …
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Palmetto subdivision homeowners surprised by blanket lien [South Florida] Real estate push has come to foreclosure shove in Palmetto. Roughly 200 individual property owners are finding themselves in the first step of a foreclosure because of a legal tussle between well-known Palmetto builder deMorgan Communities and the company that did roads, utilities, sewers and drainage …
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