In March ’07, the city tried to extort free park equipment in return for a development approval. The developer sued and seems to have won according to the settlement agreement. Palm Coast – January 26, 2009 – SeaGate Homes, Palm Coast’s largest home grown real estate builder/developer has prevailed in its battle with the City […]
Both the State of Florida and the nation are following the same trends set in the Palm Coast/Flagler real estate market. The number of home sales is rising but at much lower prices. Palm Coast, Florida – January 26, 2009 – GoToby.com has made note in the past that the Palm Coast, Flagler County, and […]
To bolster member ranks and improve cash flow, the Bella Collina club on Lake Apopka, Florida announced availability of recallable golf and social memberships for non-property owners. Palm Coast, Florida – January 25, 2009 – The concept of invitational memberships at Ginn golfing communities first surfaced during an interview with Bobby Ginn in June ’08 […]
This is a great time to buy, but do your homework first. Carrying costs and community rules can kill your investment. Palm Coast, Florida – January 24, 2009 – When someone purchases a lot in a gated (or private) community as an investment, they assume far more risk than most realize. All real estate investors […]
Sales agents for Ginn Real Estate arrived at work yesterday to find that their jobs were gone. Palm Coast, Florida – January 23, 2009 – The Ginn Company (Bobby Ginn and Lubert-Adler) closed down Ginn Real Estate yesterday. Ginn Real Estate was responsible for sales of both developer inventory and resales at Reunion and Bella Collina, […]
Announcement of commencement date indicates the city got positive news from Wal-Mart. Palm Coast, Florida – January 22, 2009 – Work will begin in Palm Coast, FL on February 9th to expand and reroute Old Kings Road between SR 100 and Old Kings Rd and Town Center Blvd. to four lanes. The announcement by the […]
The way development is controlled in Florida has its shortcomings, but the solution is not to throw out the baby with the bathwater. Palm Coast, Florida – January 19, 2009 – Yesterday I was sent a copy of a "letter to the editor" addressed to the Daytona Beach News-Journal. It speaks against the upcoming resolution […]
Issues over Ginn-LA’s actions take on new importance as Tesoro property owners and club members become creditors. $20 million may be missing. Palm Coast, Florida – January 19, 2009 – Most of the assets of Tesoro, a luxury private golfing community developed by Ginn-LA (real estate developer Bobby Ginn and his financial partner, Lubert-Adler) in […]
Rumor has it that Palm Coast, Florida – January 18, 2009 – Everyone likes a good rumor. And no rumors are better than the ones in which Donald Trump’s name appears. I’ve been gathering information for an upcoming article about the concerns of property owners and club members surrounding the bankruptcy of Ginn’s Tesoro Club. […]
The new board contains more community members. Palm Coast, Florida – January 16, 2009 – Florida Hospital Flagler in Palm Coast, Florida has revised its board of directors to include more community members. "The increased complexity that comes with a growing organization has led to the decision to create a dedicated Board of Directors for […]