News about properties and real estate
No refuge in Windward fallout [South Florida] There are a few things missing at The Preserve at Windward, a gated community with 126 poolside condominiums overlooking Coral Creek near Placida. Namely: A pool, a gate and 90 condominiums. Nevertheless, for about $7 million, the unfinished project can be yours. The 13.15-acre property will be sold …
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Ultimate Homes selects top local luxury properties [South Florida] Beautiful homes are a common sight in Southwest Florida. But according to a recent national publication, Collier County is home to more than a dozen of the most luxurious homes available in the United States. Ultimate Homes, a publication of magazine Unique Homes, placed 13 of …
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Capital Partners bids for REIT [Central Florida] Orlando-based Capital Partners Inc., a fast-growing real estate investment company, has made a $4.4 billion cash offer for Highwoods Properties Co., a North Carolina company with extensive property holdings locally and throughout the Southeastern U.S. Capital Partners confirmed Wednesday it is offering $36 a share for Highwoods, a …
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Try-Mor residents in limbo [South Florida] For almost a year, Carol Kuebler has lived with the uncertainty that has become all too familiar for those living in mobile home parks throughout Florida. It’s the unsettling question, “Who’s going to own our park tomorrow?” But for Kuebler, that uncertainty now carries a sense of urgency.
Foreclosure filings on Florida homes leap Florida foreclosure filings jumped by 6 percent from April to May, according to a study by RealtyTrac Inc., an online data concern. That’s one new filing for every 821 Florida households. By contrast, national foreclosure filings rose by less than 2 percent, averaging about one new filing for every …
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Businesses facing homeowners’ woes Recent storms cause premiums to soar Al Paraldi got a nasty shock a few weeks ago — because of the skyrocketing price of business insurance, the rent for his Dollar Boulevard store in Cape Coral was going up by about $100 a month. He’s one of many tenants, landlords and property …