North Carolina Judge Blocks Wachovia Foreclosure in Lawsuit Involving Derivative Interest Rate Swap and Alleging Extortion, Fraud, Unfair and Deceptive Trade Practices. GREENSBORO, N.C., March 26, 2009 (PRNewswire via COMTEX) — A judge in Guilford County, N.C., today entered a preliminary injunction preventing Wachovia Bank, N.A., from foreclosing on a Greensboro shopping center owned by […]
The National Association of Realtors® name is being used as part of a property rental scam WASHINGTON, DC, Mar 28, 2009 (MARKET WIRE via COMTEX) – The National Association of Realtors® (NAR) name is being used as part of a property rental scam in which rental property is offered to consumers, who are led to […]
Jacksonville Beach land developer plans Development of Regional Impact (DRI) supporting 5,000 homes and 1,150,000 SF of retail, office, and industrial space. Palm Coast, Florida – March 27, 2009 – Jacksonville Beach developer Paul Fletcher will petition the City of Palm Coast to annex 5,216 acres of land at the headwaters of Pellicer Creek at […]
Fitch Bond Rating Agency gives Palm Coast’s Utility System Bonds an ‘A’ Rating. Palm Coast, Florida – March 26, 2009 – Considering all of the negative press about the local economy, the City of Palm Coast is proud to share some very good news for a change. Fitch Bond Rating Agency has maintained Palm Coast’s […]
Ginn sur Mer update – a new lawsuit is filed, infrastructure construction continues, sales are suspended, and the Credit Suisse joint venture has not been finalized. Palm Coast, Florida – March 23, 2009 – Real estate developer Bobby Ginn and his financial partner, Lubert Adler continue to adjust The Ginn Company to the harsh realities […]
Over 80 properties are scheduled to be sold by the Flagler County Clerk of Courts through the end of April. Some high value properties are starting to show up on the list. Palm Coast, Florida – March 22, 2009 – When property owners are unable to work out a solution with their lender after defaulting […]
Reynolds Signature Communities (Linger Longer) will manage golf, club, and membership operations, while the Noble Investment Group will handle hospitality and rental management. Palm Coast, Florida – March 20, 2009 – Ginn Resorts is announcing to club members and employees today that two outside firms will take over day-to-day management of Ginn’s Reunion and Hammock […]
Palm Coast remains the 4th fastest growing city in the U.S. from ’07 to ’08. Flagler County is 54th in growth among counties. Palm Coast, Florida – March 20, 2009 – The U.S. Census Bureau announced its population estimates as of July 2008. Considered as a metro area (which included all of Flagler County) Palm […]
Northeast Regional Florida Council solicits feedback from residents on how we should grow as a region. Palm Coast, Florida – March 20, 2009 – Flagler County Commission Chair Milissa Holland invites you to participate in a very important project regarding the future growth of Flagler County and its municipalities. On Monday, March 23, the […]
In a West Palm Beach Courthouse yesterday, Ginn-LA owned Tesoro and Quail West properties were auctioned. Quail West was purchased for a reported $13.5 million. Palm Coast, Florida – March 19, 2009 – The Chapter 7 bankruptcy of Ginn-LA owned properties in Tesoro and Quail West resulted yesterday in the sale of the company’s assets at […]