News about properties and real estate
A few years after losing $1 billion in the real-estate crash, Jorge Pérez and his Related Group of Florida are planting seeds for new projects near the felled stumps of the old. In the Journal earlier this week, we profiled Mr. Pérez , the “condo king of Miami” who, despite losing two of his trophy …
Continue reading “Is the Condo Revival in Miami the Real Thing?”
As an international banker, Ed Feder lived all over the world. Tokyo, London, Sydney, Frankfurt. Rome, he said, was heaven. But when it came time to pick a retirement home, he and his wife chose Sun City Center. “I mean if you can’t be happy here,” Feder, 70, said, “you’re not going to make it …
Continue reading “Foreclosures rare in Hillsborough County’s Sun City Center”
What happens if there’s no Citizens Property Insurance, the state-run insurer of last resort that has become the insurer of only resort for many South Floridians? “If you get rid of Citizens, then everyone has to go to the private market,” said Erick Collazo, of Boca Raton. “And if the private market won’t write policies …
Continue reading “Mayo column: If there’s no Citizens Insurance for Floridians, then what?”
With just 50 houses, all of which have direct access to the Intracoastal Waterway, Boynton Isles is the subject of this week’s installment of our real estate profile series. The neighborhood is situated between South Federal Highway and the Intracoastal in Boynton Beach. None of the homes in Boynton Isles are currently in foreclosure, according …
The Weston-based investment group that bought the former Holiday Inn on Fort Lauderdale beach and developed it into the chic B Ocean Fort Lauderdale resort is expanding its buy-and-renovate business to Miami Beach. Insite Group and its London-based partner Cube Capital said they purchased the 251-room Continental Oceanfront South Beach Hotel for $61 million in …
Celebrity name-dropping, Twitter contests, skywriting planes and free grub are all strategies home sellers and real estate agents are using to entice buyers to the closing table in South Florida’s oversupplied and uncertain housing market. The list of marketing gimmicks used to sell houses and condos has grown longer and more eccentric as the real …
Continue reading “South Florida home sales hit 6-year high in volume but not price”