Tuesday, January 2, 2007

Conversion Condo - Allied Mortgage and Financial Corporation Completes Cash-out Refinance in Vegas


Allied Mortgage and Financial Corporation Completes Cash-out Refinance in Vegas
SUNRISE, Fla.----Allied Mortgage and Financial Corporation , a wholesale collateral-based lender specializing in hard equity, today announced it has completed the cash-out refinance of a 21,807-square foot office and manufacturing building in Las Vegas, Nevada.
Christmas tree tradition at Phillippi
The tree sits high in the Sarasota sky, where it has spent the holidays for the last three years. At 30 feet tall, the Christmas tree on the balcony of a penthouse condo at Phillippi Landings sparkles with more than 25,000 lights.
Governor removes Orlando commissioner convicted of bribery
ORLANDO, Fla. Governor Jeb Bush officially removed an Orlando city commissioner convicted of bribery charges from office today. Ernest Page was sentenced yesterday to...
Complex has trove of bargain condos
Thought the days of finding a home in the $100,000 range were over?
Wind by Neo going up on schedule; Tides models open
Wind by Neo, a condo tower going up at the intersection of Miami Avenue and Southwest Third Street on the north side of the Miami River, has reached the 28th of its total 41 stories and is on schedule to be topped off in March 2007.

Saturday, January 6, 2007

Top 10 stories of 2006: From affording a home to finding a new home (Conversion Condo)


Top 10 stories of 2006: From affording a home to finding a new home
A massive new town was unveiled, adults as old as 30 played local high school sports, the real estate market took a tumble, and red tide continued to menace the coast. Road projects, human trafficking and Cuban refugees also made headlines. Topping the news in Collier County, however, was the affordable housing shortage. Heres a look at the top 10 local stories of the year as voted by Naples ...
Park East work ready to launch
Two former blue-collar landmarks with old Milwaukee names, Pabst and Pfister & Vogel, will soon begin the slow,...
MORE ROOMS AT HERALD SQ.
CORPORATE road warriors will soon have yet another place to hang their hats and lay their laptops. Oakwood Corporate Housing has net-leased seven floors of the nine-story 1265 Broadway at 32nd St. for its next group of extended-stay residential...
Moving with the market
Title company stays busy during slump The tight real estate market has meant tough times for title insurance companies throughout South Florida.
Q&A: Financing Busted Condo Deals (Part II)
DECEMBER 26, 2006 -- In Part I of this feature last issue, Steve Bram, principal/senior director of George Smith Partners, explained "busted condo deals"--a common situation faced by condominium projects that are slow to sell.
Sunrise plans to bring Lagrange to Uptown
Fawad Butt, chief operating officer of Sunrise Development Group, admits that it didn't take a lot of brains to make money in real estate the last few years. If you built it, the buyers came.
The Montage secures loan for condo project
The Chicago-based developer of The Montage closed on a $143 million loan from Chicago-based Corus Bank to complete the $161 million conversion project, officials for L3 Development announced Tuesday.
Yesterday's vision blurred by empty lots
In a Jan. 1, 2006, column on the transforming power of redevelopment, I wrote this: "People who visit North Pinellas a year from now will be shocked by the differences."
Sneak preview! Downtown revitalization comp plan update
1. Historic Preservation. Preserve and enhance the historic character of Downtown Winona, as expressed through the Historic Preservation goals and policies. Maintain and improve upon the condition of historic downtown buildings.

Sunday, January 7, 2007

Conversion Condo - What's in a Name?


What's in a Name?
Slate - Since Centanni claims that his conversion was made under duress, it would be invalid, according to this passage. (The conversion video made by the kidnappers cites that passage and says Centanni accepted Islam "without any pressure.") On the video