Market strength continues but is still limited to the under $200 thousand properties. Palm Coast, Florida – March 2, 2009 – The Palm Coast, Flagler real estate market continues to show signs of promise. The under $200 thousand segment remains the leader in the market adjustment. Sales are stable at 100 single-family homes sold in […]
Atlanta-based developer takes over Oconee Valley development once run by Ginn. Palm Coast, Florida – March 2, 2009 – GoToby.com has reported previously on the BriarRose, a unique country lifestyle planned community in Georgia’s Oconee Valley. Months after Lubert-Adler (Ginn-LA BriarRose Holdings Ltd., LLLP) turned over operation to an affiliate of Atlanta-based PM Communities (Patrick […]
Rumor: Ginn Company decides to outsource security to cut costs. Palm Coast, Florida – March 1, 2009 – Rumor: Two readers contacted me today to tell me that Ginn-LA (real estate developer Bobby Ginn and financial partner Lubert Adler) has decided to outsource its security division. One security employee at Reunion Resort was reportedly earning $11/hr. […]
While on camera, City Council members requested review of a new ordinance at a council workshop but the item has not surfaced since. Palm Coast, Florida – The following letter has been sent to the Palm Coast City Manager. Council members were copied. February 28, 2009 James Landon, City Manager City of Palm Coast […]
Textron move will probably inhibit developers’ and bankruptcy trustees’ efforts to unload underperforming golf assets. Palm Coast, Florida – February 27, 2009 – Textron Financial Corp. has long been a leader in the golf mortgage financing business. Citing "unprecedented and turbulent changes in the global financial markets, " the company announced that it will no […]
Capitalizing on the growing awareness of the GoToby.com brand, Realtor® Toby Tobin founds GoToby.com Realty Palm Coast, Florida – February 27, 2009 – GoToby.com announces it is extending its recognized brand to its "Referral Only" real estate and consulting business. GoToby.com Realty will focus on matching potential buyers and sellers with skilled and knowledgeable agents […]
Epic Theaters picks up its building permit for Town Center Theater one day before it was due to expire. Palm Coast, Florida – February 26, 2009 – Palm Coast, Florida and Flagler County will finally get their long awaited multi-theater movie complex. One day before its expiration date, Epic Theaters picked up their building permit. […]
Foreclosures and owners who aren’t paying their fees put condo and homeowner associations in a financial bind. Palm Coast, Florida – February 24, 2009 – Condo and homeowner associations have obligations. Their responsibilities include common area maintenance, security, insurance, reserve requirements, enforcement of deed restrictions (CC&Rs) etc. Statutes give them the power to assess fees […]
Downside of the real estate correction sheds light on how out of kilter the market had become. Palm Coast, Florida – February 22, 2009 – Short sales and foreclosures are not representative of all home values. They include properties that have deteriorated from neglect or been trashed by disgruntled owners or tenants. But the sheer […]
Not many are neutral on real estate developer Bobby Ginn. Like the New York Yankees, he’s either loved or reviled. Palm Coast, Florida – February 20, 2009 – Bobby Ginn is an enigma. Controversy has followed the charismatic real estate developer from his bankruptcies in Hilton Head, South Carolina in the 80s where "Honk if […]