Entries by Toby Tobin

Bashing Real Estate Developers – a Favorite Flagler Pastime

But let those who have not taken out a home equity loan, made possible by the handsome increase in the value of their home, cast the first stone. July 26, 2007 – Palm Coast – A reader posted the following comment to a recent article about Sawmill Creek, a gated, golfing community curently under development by Lowe […]

Auction of Lots in Ginn Developments Yields Disappointing Results

The ingredients were all there – respected auctioneer, prime properties, and a willing seller. Only the buyers were missing. July 23, 20007 – Palm Coast, Florida – The ingredients for a successful sale were there. The auction company was highly respected Sheldon Good, the largest real estate auction company in the country. The properties were […]

Dramatic Events Signal another Change at European Village

Unable to complete their purchase contract, the new operators were evicted and escorted off the premises by Flagler’s finest. July 20, 2007 – Palm Coast, Florida – At 3:00 pm Monday, July 16, the sheriff’s department  escorted employees of Cory Jones’s from the premises of European Village. Cory Jones had planned to purchase European Village and reportedly […]

Centex Update – Selling Condos in a Down Market

Price Adjustments, incentives, and proactive marketing are paying off. July 17, 2007 – Palm Coast, Florida – Flagler County MLS data shows that nine condominiums were sold in the county during June. During that same period, twenty-two Tidelands condominiums were sold, according to a Centex source. In addition, six condos were sold in the resort […]

The Ginn Company has a New President

Experienced real estate investment manager is new President of The Ginn Company July 17, 2007 – Palm Coast, Florida – Robert H. Gidel, formerly a Managing Director of Liberty Partners, LP, has joined The Ginn Company as President. Bobby Ginn will continue his role as Chairman and CEO. An internal announcement is being developed and […]

Ginn Company Purchases Bulow Shores – Once a Centex Project

April rumor confirmed by public records search July 13, 2007 – Palm Coast, Florida – In April, I heard that Bobby Ginn purchased the Bulow Shores development from Centex Destination Properties (CDP). I contacted a Ginn spokesperson to confirm the story. He said he would check it out and get back to me. He never […]