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Land swindle web widens to include St. Johns properties – "To them, it’s like a casino – and every hand they won," said Roman Groysman, a Fort Lauderdale. Globex Lending. In one of the deals prepared by Globex, the Wolfs obtained a $224,000 mortgage on a.
Month in review – Two South Florida developers, Strada 315 LLC and Beach House Properties LLC, filed for bankruptcy in March. Strada 315 LLC, the developer of Fort Lauderdale’s Strada. the subprime mortgage fallout,
Palm Beach County’s median topped out at $421,500, while Broward’s median soared to $391,000, according to the Florida Realtors. Demand from short-term investors and lax lending. purchase of the.
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(Over)supply and demand – Rising nearly 900 feet, Florida. lending this year. Apartments generally cost less to build than condos, allowing for potentially healthier profit margins, said Brett Forman, CEO of Trez Forman.