$24 million oceanfront mansion in Palm Beach slipped into foreclosure
With the foreclosure crisis on there are lots
Metropolitan Life Insurance Co. sold a five-asset portfolio to an affiliate of DRA Advisors for more than $44 million. The recently sold 345,000-square-foot is located at 5757, 5775, 5805, 6101 and 6161 Blue Lagoon Drive were built in 1980, and they are 80% leased. According to Mark Guilbert, these buildings were well maintained and upgraded…
Read More »Stephen Ross, the owner of Miami Dolphins has managed to shut out 33% of the investors in his mortgage on CityPlace. However, he only managed to achieve that for the next 36 months, according to information provided by Trepp LLC. The firm dug up the details of the loan modification that was signed off Ross…
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The US Department of Housing and Urban Development awarded an additional $208,437,144 in funding to Florida communities to fight against the effects of the foreclosure crisis, the third round of funding through HUD’s Neighborhood Stabilization Program. "We want to make certain that we target these funds to those places with especially high foreclosure activity so…
Read More »Foreclosures are up throughout South Florida in June, a recent report issued by CoreLogic says, with Miami-Dade beating out Broward for the county with the biggest increase. All three counties…
Read More »Miami recorded a 47% jump in single family sales last month, along with 3% increase in condo sales, both compared to July…
Read More »July was a lucky month for this lucky buyer, which purchased 15 single-family homes and townhomes in southern Miami-Dade County in a…
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The founder and CEO of Kaufman Lynn Construction Michael Kaufman stated a couple days ago that he and his lender signed an…
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The largest Islamic school in South Florida faces foreclosure lawsuit filed by Pembroke Pines resident E.M. “Pat” Segall. The lawsuit was filed…
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Stephen Ross, the owner of Miami Dolphins has managed to shut out 33% of the investors in his mortgage on CityPlace. However, he only managed to achieve that for the…
Read More »