Lots of money spent prior to bankruptcy filing and lost souls at Tesoro Preserve Palm Coast, Florida – February 5, 2009 – Facts continue to emerge from the Ginn-LA (real estate developer Bobby Ginn and financial partner Lubert-Adler) chapter 7 bankruptcy filings affecting Tesoro in Port St. Lucie and Quail West in Naples. In Port St. […]
Toby’s latest real estate newsletter for Palm Coast and Flagler County. Palm Coast, Florida – February 4, 2009 – Flushing out the inventory of distressed properties is a painful but necessary phase in the correction and ultimate recovery of the housing market. This is already apparent in the single-family residential market which has been dominated […]
The public is encouraged to visit and tour the new facility on Belle Terre. Palm Coast, Florida – February 3, 2009 – The City of Palm Coast, Florida opened a brand new Main Fire Station to the public on Monday, February 2nd. Located at 1250 Belle Terre Parkway, the 15,000 square foot facility is now home […]
It’s nearly impossible to find a real estate developer that isn’t retrenching. Another victim of the real estate tsunami, long-termer Jim Cullis is gone from LandMar Group as of last Friday. Palm Coast, Florida – February 2, 2009 – Jim Cullis, Central Florida Regional Manager for LandMar Group left the company effective Friday. Jim’s position […]
What was formerly known as Hammock Dunes Real Estate is rumored to have made a deal with the Ginn Company to acquire Ginn’s property listings at Hammock Beach. Palm Coast, Florida – February 1, 2009 – RUMOR*: In these days, nothing is certain, but I’ve been told that the Hammock Dunes Real Estate people, now […]
Real estate developer Bobby Ginn’s company abruptly announces it will drop out of all PGA and LPGA Golf tournaments, prompting the PGA to sue for breach of multi-year contract. Palm Coast, Florida – January 31, 2009 – On Wednesday, real estate developer Bobby Ginn’s company pulled its sponsorship of the upcoming Ginn Championship, a PGA […]
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 […]