LEM, an entity controlled by Lubert Adler, foreclosed on the previous owner, a unit of Dubai World barely 3 months ago. Palm Coast, FL – March 25, 2010 – Hotels Union Square Mezz 1, an entity created by Lubert Adler affiliate LEM Mezzanine, filed for bankruptcy Tuesday to forestall a foreclosure sale of New York’s […]
Warbird Fly-in: An air show of vintage wartime aircraft will fly in to the Flagler County Airport the weekend of March 27 for a show entitled “Wings Over Flagler.” Palm Coast, FL – March 25, 2010 – Warbird Fly-in, an air show of vintage wartime aircraft, will fly in to the Flagler County Airport the […]
Goldman Sachs and other big banks aren’t just pocketing the trillions we gave them to rescue the economy – they’re re-creating the conditions for another crash Palm Coast, FL – March 24, 2010 – Thanks to a GoToby.com reader for sending me the following link to a great piece posted February 17 on Rolling Stone.com […]
Modest gains in the Northeast and Midwest offset by softer sales in the South and West, according to the National Association of Realtors®. Palm Coast, FL – March 24, 2010 – Existing-home sales declined slightly in February, with modest gains in the Northeast and Midwest offset by softer sales in the South and West, according to […]
Area’s spurt in growth three to six years ago was enough to keep Flagler on the list of fastest growing counties in the country from 2000 to 2009. Palm Coast, FL – March 23, 2010 – The U.S. Census Bureau released today its estimate of population growth from 2000 to 2009. Flagler County, FL ranked […]
New tenants, tax deed sales, and foreclosures signal a possible turnaround at this Palm Coast Retail/Resort Condo Hotel project. Palm Coast, FL – March 22, 2010 – European Village was conceived as a courtyard surrounded by first floor shops and restaurants with residential condos hotel units above. The project had problems from the beginning; squabbling […]
Palm Coast is forecast to hold fairly steady while Florida’s large metros are forecast to fair less well, especially those in south Florida. Palm Coast, FL – March 21, 2010 – Palm Coast is included in MONEY Magazine: Latest forecasts and projections for the nation’s largest metro areas. While CNNMoney.com does not explain how it arrived […]
Lender-owned (foreclosed) and short sales accounted for 53.7 percent of single-family residential home sales in February. Palm Coast, FL – March 20, 2010 – Lender-owned (foreclosed) and short sales accounted for 53.7 percent of single-family residential home sales in Palm Coast and Flagler County during February. The median selling price was $136,000. I’m not going […]
A lawsuit was brought against the Lee County real estate development company by Bill McCollum’s office over the company’s failure to pay refundable member deposits. Palm Coast, FL – March 19, 2010 – Florida Attorney General Bill McCollum today announced that his office has filed a lawsuit against the Bonita Bay Group, Inc. over allegations […]
Schoolhouse Finance LLC of Arlington VA sells to Inland PPD Charter Palm Coast LLC of Oak Brook IL Palm Coast, FL – March 19, 2010 – The owner of the building housing the Imagine School at Town Center sold it to Inland PPD Charter Palm Coast LLC, of Oak Brook, IL for $9.93 million. The […]