FHA backing becomes silver bullet for some condos, headache for others
Some see Federal Housing Administration condominium re-certification as a great tool to move units in a stagnant market. Others...
MOST RECENT ARTICLES BY:
Luis F. Perez
NFL star tackling South Florida real estate
Ray Lewis gets into the real estate game While Ray Lewis, the Baltimore Ravens star linebacker, chases down quarterbacks during the NFL playoffs starting this weekend, his new South Florida-based firm is going after...
Distressed condo law leads to $1B in sales
A six-month-old law designed to spur the bulk sale of troubled condo projects throughout the state has been credited with about $1 billion in property sales, according to an author of the legislation. Still,...
South Florida’s top distressed properties
From left: The Gallery at Cocowalk on Grand Avenue in Coconut Grove; Palm Beach Gardens Marriott on RCA Boulevard...
Federal appeals court: remorseful buyers can’t get their money back
Allen Levine, an attorney at Becker & Poliakoff, who represented the Coconut Point developers in Van Hook v. the...
Foreclosure vs. short sale for developments: which is better?
Some tough lessons have been learned in South Florida’s troubled real estate market as once-distressed assets return to being...
Moving on up in the Miami office market
Studley’s Bob Orban and 1450 Brickell The bottoming out of the commercial market in South Florida has some businesses taking advantage and upgrading office space. That’s especially true in downtown Miami and the office...
Condo developers get into lending game
With mortgages hard to come by, some developers are lending the money to buyers themselves in order to sell units. “It just reflects the fact that it’s not easy to get financing for a...
Boca battles empty office space with incentives
Boca Raton has seen other office market downturns, but none like this one. So, in a major shift, the...
Wave of distressed properties attracts a new kind of receiver
Who knew that developers would be clamoring for work as receivers? Welcome to real estate in South Florida, 2010....