News about properties and real estate
Hamads aim high with new luxury Marquee project Samuel Hamad spent his entire career working for a series of pharmaceutical giants. By the time he decided to retire, in 1997, he was running Bristol-Myers Squibb Co.’s international operations. But you’d never know that from the way real estate developer Hamad worked the room when unveiling …
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Work could begin this summer on Arcadia Mills | Pensacola Florida Work could begin as early as this summer on the first phase of Arcadia Mills, a new development just north of Pace that its creators envision will be the “crown jewel” of Santa Rosa County. Officials with Atlanta-based The Eagle Group eventually want to …
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More S. Florida office buildings being converted to condos As the conversion of apartments to condominiums continues at a frenetic pace in South Florida, a new trend is on the horizon that looks to be just as popular with local developers. Now, office buildings are being sought out by developers planning to convert them to …
Renters at 360-apartment Naples complex ordered to move out Add this number to Collier County’s affordable housing nightmare: 360 apartments on the border of Golden Gate Estates and North Naples will be off the market within three months. Owners contend the apartment complex isn’t going condo, but this week renters in 360 Bermuda Island units …
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Good in Deed: Bids at auction have property appraiser’s office processors working overtime It was standing room only at Tuesday’s tax deed auction. Deputy Clerk of Courts Kenny Downs estimated that about 75-85 people bid on tax deeds, some of which went for 10 times their listed price. Tuesday’s auction is another example the fervor …
Local home builders say that slump has arrived Southwest Florida home builders, subcontractors and suppliers are beginning to fret about the state of their industry. Many have seen sales drop in the past three months. If that trend continues, the regional economy could be in for a rough year. Whether inflated prices, rising interest rates, …
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