Ski resort developers suffer from reliance on real estate sales revenue to support expensive operations Palm Coast, FL – December 25, 2009 Story by Will Melton | December 2, 2009 Montana Kaimin Until the mid-90s, ski resorts were created for skiers. Of course, real estate was big business too, but developers built ski areas where […]
They apparently missed their deadline to file a petition with the Value Adjustment Board so they have filed a lawsuit. Palm Coast, FL – December 24, 2009 – Crescent Resources, the parent company of real estate developer LandMar Group has filed a lawsuit against Jay Gardner, Flagler County Property Appraiser over the assessed value of […]
Hammock Beach Club and Grand Haven; formerly private are opening up their doors to those who live outside the gates at attractive prices Palm Coast, FL – December 24, 2009 – GoToby.com started reporting months ago about the cash flow difficulties faced by golf courses around the country. At least two local golf courses are […]
Branch in Palm Harbor Shopping Center one of 29 acquired by Hancock Bank Palm Coast, FL – December 22, 2009 – Bank regulators shut down Panama City-based Peoples First Community Bank on Friday. A news release stated that the savings bank “was critically undercapitalized and in an unsafe and unsound condition to transact business.” Peoples […]
First-time buyers rushed to close sales before the original November 30 deadline for the recently extended and expanded tax credit, according to NAR. Palm Coast, FL — December 22, 2009 – Nationally, November existing-home sales were up from October. The Palm Coast and Flagler County real estate market is too small to rely on month-to-month numbers for […]
Bahamian Wilbert Bootle and his family had challenged the Certificate of Title granted to Ginn sur Mer site in Grand Bahama’s West End. Palm Coast, FL – December 21, 2009 Ginn’s ‘critical’ win for $4.9 billion project Published On:Sunday, December 20, 2009 By NEIL HARTNELL , Tribune Business Editor (Bahamas) Ginn has won […]
The winning bid was $2 million, but LEM Mezzanine must bring current an additional $97 million in secured debt. Palm Coast, FL – December 18, 2009 – LEM Mezzanine, an affiliate of Lubert Adler Partners, purchased the trendy W New York Union Square at a foreclosure auction for $2 million. LEM must also bring current […]
The third floor is now the home of both Palm Coast Holdings (the Master Developer of Town Center) and the Law Offices of Chiumento & Guntharp, P.A. Palm Coast, FL – December 18, 2009 – Yesterday, the first occupants of the new 51,793 square foot City Centré in Town Center showed off their new surroundings […]
The consent order ends a series of events that began with the state’s denial of State Farm Florida’s ultimate average rate request of 67.1 percent. Palm Coast, FL – December 16, 2009 South Florida Business Journal – by Oscar Pedro Musibay State Farm will remain in Florida and has been granted a 14.8 percent rate […]
How do these rumors get started? Palm Coast, FL – December 15, 2009 – The Tidelands condominium community in Palm Coast, FL is not built out. There are still approved sites for additional condominiums. A GoToby.com reader called me yesterday asking if it were true that someone was going to build Section 8 housing there. […]