$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 »Fashion Mall in Plantation is in foreclosure. Again. This is happening for the third time in five years. CanPartners Realty filed a foreclosure lawsuit against US Capital/Fashion Mall on Feb. 16, concerning a mortgage granted for $15 million in July 2010 on the 660,000 sf former mall located at 321 N. University Drive. Although the…
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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 Publix owned Whitworth Farms shopping center near Boynton Beach faces a foreclosure lawsuit. Cadence Bank filed the foreclosure lawsuit just a…
Read More »Firth Third Bank has sold a hotel it recently foreclosed on with a $7.9 million loss. The Lauderdale-by-the-Sea hotel’s title went under…
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Fashion Mall in Plantation is in foreclosure. Again. This is happening for the third time in five years. CanPartners Realty filed a foreclosure lawsuit against US Capital/Fashion Mall on Feb.…
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