News about properties and real estate
Tiny Briny Breezes draws brawny $500 million offer – OrlandoSentinel.com: State News A secret suitor was offering to buy the entire municipality for $500 million — more than $1 million per mobile home. Over shuffleboard courts, pinochle tables and whittling benches, word of the fabulous price soon spread. ” ‘A million is a million’ and …
Continue reading “Tiny Briny Breezes draws brawny $500 million offer”
Waning Days of Grace for New Orleans Homeowners Strains begin to show as mortgage reprieves are extended. Borrowers say some lenders demand lump sums at the end of forbearance periods. As unpaid home-loan bills pile up, mortgage companies and owners of hurricane-ravaged property are still unsure what federal assistance they may get, and uncertain if …
Continue reading “Waning Days of Grace for New Orleans Homeowners”
Green Cay Village lowers the price of success When Michele Robinson, a single mother, steps inside her new Boynton Beach area townhouse next fall, she can thank an unlikely alliance: two vegetable farmers who sold their prime land below market value with the stipulation that affordable housing be built on it; a pair of developers …
Continue reading “Green Cay Village lowers the price of success”
Bradenton Florida Mainstreet Apartments going condo Mainstreet Apartments were sold last month to Tarragon Realty Investors for $38 million, and last week residents were informed that the community is going condo. Though the signs still say Mainstreet, residents of the newly named 210 Watermark may soon find themselves looking for a new place to live …
Continue reading “Bradenton Florida Mainstreet Apartments going condo”
Westside Lofts condo files for bankruptcy Proposed South Beach condominium Westside Lofts filed for bankruptcy in a bid to reorganize the troubled development. The move comes amid legal battles in Miami-Dade Circuit Court between the development company and its lender and general contractor. Eastern National Bank is seeking more than $2 million for an overdue …
Continue reading “Westside Lofts condo files for bankruptcy”
Next stop: Palmetto (South Florida) Newcomers love the city’s small-town charm, old-timers wonder what’s being lost and government tries to keep up Sleepy Palmetto has about 5,000 homes and 14,000 residents. But the city has OK’d another 4,500 homes to go up within the next five years. Most are swank resort condos that contrast sharply …