Palm Ballroom in Palm Beach Hotel aiming to avoid foreclosure sale [South Florida] Just last year, the Palm Ballroom’s cypress ceiling covered cabaret shows and big-name acts like The Drifters. Today, the dusty space within the Palm Beach Hotel looks like it last boogied in the 1920s, when the ballroom was built. Absent a $3.26 …
Category Archives: Regional
Couple may face prison time in Southwest Florida real estate scam
Couple may face prison time in Southwest Florida real estate scam A decade ago in New York, where Wall Street held the promise of riches, Ronald Luczak started selling securities. He ended up in jail instead. He was one of 13 defendants in a stock-trading scam, pleading guilty to a federal fraud charge and receiving …
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Where Homes Are Selling Fastest [Northern California]
Where Homes Are Selling Fastest [Northern California] Houses in Sunnyvale, Calif., home to companies such as Juniper Network (JNPR), AMD (AMD), and Yahoo! (YHOO), are typically on the market for 66 days, making it the fastest-selling real estate market in the country. That’s the good news. The bad news is that listings a year ago …
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Blaine hotel builders sued
Blaine hotel builders sued Blaine Hospitality faces foreclosure proceedings after defaulting on a $5 million loan to Home Federal Savings. The developer says construction delays are to blame. The developers of a 98-room hotel near the National Sports Center in Blaine are facing foreclosure after defaulting on $5 million in construction financing. Home Federal Savings …
New Citizens discounts kicking in for condos [Florida]
New Citizens discounts kicking in for condos [Florida] Local condominiums will see significant savings on their insurance premiums starting Monday. Citizens Property Insurance Corp., which insures many of the condominium buildings in the state, is doubling the hurricane mitigation discounts for condo buildings with a replacement cost of $10 million or less, as policies renew …
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Do you need flood insurance? [Central Florida]
Do you need flood insurance? [Central Florida] You’ve seen the angst as hundreds of Central Florida homeowners try to battle the rising waters in Tropical Storm Fay’s aftermath. Hundreds of homes are flooded and evacuated. More people still are anxiously watching the rising St. Johns River. Folks such as Hans Anderson, who lives on Lake …
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