News about properties and real estate
Real estate firms tally up heady sales as outlook dims [Central Florida] Last year may have been the pinnacle — it’s clear real estate markets are slowing — but Central Florida companies sure made hay while the sun was up. CB Richard Ellis’ Florida Multi-Housing Team handled $5.2 billion in apartment sales last year. The …
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Taking reservations [Southern California] Just when investors thought they knew everything about vacation home purchases, along comes a brand-new way to spend lots more money. Hybrid condo-hotels — luxury hotels whose rooms or suites are sold as condominiums and are available to owners from a week to three months a year — are on their …
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Liens, delays dog Ceebraid [South Florida] Creditors seeking payment for everything from ironwork at the Brazilian Court to flight services for a 13-year-old Learjet are dogging Ceebraid-Signal Corp. and companies linked to the West Palm Beach firm or its top executives. Only last year, Ceebraid-Signal snapped up the Gulfstream Hotel in Lake Worth for $13 …
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Caribbean now a real estate treasure chest The waterfront has always been the hottest bet in the real estate game and probably always will be. But a host of factors complicating development of luxury properties here on the mainland are pushing the front to places that many of us have never heard of: Canouan Island, …
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South Gate — granddaddy of Sarasota subdivisions [South Florida] Development helped transform sleepy town… Looking over vast orange groves, two young men debated what the 1,240-acre expanse could look like if their fantasy became a reality. Despite the odds, Smith and King helped spark Sarasota County’s post-World War II housing boom more than 50 years …
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Where ‘Buy Low and Sell High’ Are a Co-op’s Fighting Words [New York City] Morningside Gardens is a rarity in real-estate-mad Manhattan, a co-op apartment complex that middle-class New Yorkers can afford. Apartments sell for a fraction of what they would bring on the open market. For the chance to live free of a crushing …
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