Entries by Toby Tobin

Miami Business Owner Indicted in $132 Million Scheme to Defraud Clients of 1031 Exchange Funds Allegedly Held in Trust

Edward Okun, owner of 1031 Tax Group LLC arrested at his Hibiscus Island home on Tuesday. WASHINGTON, March 18 /PRNewswire-USNewswire/ — Edward H. Okun, 57, of Miami was arrested today and charged in an unsealed indictment with mail fraud, bulk cash smuggling and making false statements, Assistant Attorney General Alice S. Fisher and U.S. Attorney […]

Pending Home Sales Rising in Much of Florida

Palm Coast’s positive trend in residential home sales is mirrored in several other Florida real estate markets. The indicators are truly impressive. March 20, 2008 – Palm Coast, Florida – Sales activity reported by MLS for single-family homes in Palm Coast and the rest of Flagler County in Florida has picked up decidedly since the end […]

Kohl’s Passes Final Permitting Hurdle – A Spring 2009 Opening Planned

Groundbreaking ceremony for the new fire station, which is tied to the Kohl’s development, was held yesterday. March 19, 2008 – Palm Coast, Florida – Palm Coast Parkway Plaza, anchored by a Kohl’s department store will be constructed across Belle Terre from Albertson’s. It’s now one step closer to reality. After a delay caused when the Army Corps […]

Some Blame the Housing Bubble on Excessive Governmental Regulation

Growth-Management Planning, the mantra of politicians, planning professionals, environmentalists, and CAVE people might be a significant culprit in the recent housing bubble. March 18, 2008 – Palm Coast, Florida – The recent housing bubble was caused by the sub-prime mortgage companies. Or was it the greedy developers. Perhaps it was rampant speculation. Some say it […]