A Development of Regional Impact and Development Order were approved in 2006 for the 507.8 acre tract. The property is located behind the planned new Walmart Supercenter. Palm Coast, FL – September 20, 2010 – Another developer with plans for Palm Coast is in trouble. Libertyville, Illinois based JX Properties’ 507.8 acre tract behind the […]
The loan allowed Bobby Ginn and LA investors to remove guarantees and ‘harvest’ profits from five projects, leaving each liable for the entire loan amount. Palm Coast, FL – September 20, 2010 –There are at least three lawsuits sniffing into multi-million dollar loans made by Credit Suisse to luxury resort developers. Two of them involve […]
Homeowners underwater on their mortgage may find relief through a bill strongly supported by the National Association of Realtors®. Palm Coast, FL – September 18, 2010 WASHINGTON – Sept. 17, 2010 – Homeowners underwater on their mortgage may find relief through a bill strongly supported by the National Association of Realtors®. The bill, if passed […]
CB Richard Ellis website lists The Grand Club ”under contract.” Though not noted on the website, the Grand Haven Golf Club is reportedly under contract as well. Palm Coast, FL – September 18, 2010 – Crescent Resources LLC recently emerged from Chapter 11 bankruptcy. Now it’s shedding assets, including several Florida and Georgia properties once […]
The unemployment rate in Flagler County rose to 16.4% in August, 2010 from 15.7% in July. Flagler’s unemployment rate was 15.3% last August. Florida’s rate rose to 11.7% from 11.5% in July. Palm Coast, FL – September 17, 2010 – Florida’s Agency for Workforce Innovation released state and local unemployment figures today. Flagler County’s non-seasonally adjusted […]
The 4,157-acre parcel is located next to Florida Gulf Coast University in Lee County. It is approved for two development orders; a 336 unit residential community and a 27-hole golf course. Palm Coast, FL – September 16, 2010 – Palm Coast real estate developer Ginn-LA (Bobby Ginn and financial partner Lubert-Adler) lost a valuable property […]
A record high 2.8 million properties were hit with foreclosure notices in 2009, putting even more Americans at risk of facing foreclosure rescue scams. Palm Coast, FL – September 16, 2010 Article From Houselogic.com By: Donna Fuscaldo: Published: January 15, 2010 With foreclosure rescue scams widespread as more homeowners fall behind on mortgage payments, […]
Buyer beware – three Bobby Ginn-developed Conservatory lots each sell for $12K to $16K while a Marina Cove boat slip sells for $39K. Did the boat slip bidders think it was a residential condo? Palm Coast, FL – September 14, 2010 – Flagler County held its monthly Tax Deed Sale yesterday. There were more attendees […]
The new park is located along the Intracoastal Waterway just north of Grand Haven. It ties into the City’s extensive trail system. Palm Coast, FL – September 13, 2010 – Fishing, biking/hiking, picnicking. Adding waterfront activities to leisure time is about to become a recognized component for Palm Coast residents. The City of Palm Coast […]
Useful research data from the National Association of Realtors® Palm Coast, FL – September, 13, 2010 – The National Association of Realtors® provides valuable information to help real estate practitioners and clients understand the real estate market. Housing & Economic Indicators Housing and economic indicators provide real estate professionals with tools to […]