It looks like retail heir David Lowy is the buyer of Nigerian oil tycoon Kola Aluko's $ 36 million condominium at One57. Lowy, the son of Westfield Corp. founder Frank Lowy, purchased the 6,240-square-foot unit at a foreclosure auction earlier this month, but the buyer's identity wasn't clear at the time. Foreclosure News
John Houde, left, looks in the direction of Clearwater lawyer and real estate investor Roy C. Skelton, foreground, in August during a hearing Sixth Judicial Circuit court Judge Jack St. Arnold at the Pinellas County Courthouse. The judge agreed with Houde's allegation that he was duped by Skelton in thinking he bought a Redington Beach […]
JDS Development and its partners said they secured $ 62.5 million in construction financing for their Monad Terrace condominium project in South Beach to resolve a foreclosure lawsuit. Foreclosure News
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It appears lenders are getting more skittish about issuing mortgages to buyers of condominium units as the real estate market recovers from the housing bust, a time when lenders experienced a spate of foreclosures. It appears lenders are getting more skittish about issuing mortgages to buyers of condominium units as the real estate market recovers […]
At Westlake Village, the conflict among neighbors has become so intense the board hired a security guard to police the association's meetings. She came to Oregon more than a decade ago from Northern California, seeking a more affordable place to live. Foreclosure News
Pinellas County Circuit Judge Jack St. Arnold on Monday threw out the $ 458,100 sale of a gulf-front condo because of what he called an “unscrupulous” and “conniving” scheme to trick bidders at a foreclosure auction. His ruling means that the owners of Orlando Realty Group will get back the money they bid on what […]
The most ostentatious projects in Manhattan may reflect the wildest ambitions of local developers, but they're increasingly bankrolled by centers of wealth and power from all across the globe. And nowhere is that truer than on 57th Street. Foreclosure News
Man-about-town Michael Dezer , one of President Donald Trump 's most trusted South Florida business partners, has developed hundreds of millions in beachfront real estate over the past decade. Yet, the 76-year-old multimillionaire car collector is stuck in a two-year lawsuit over the foreclosure of a dirt-cheap, 600-square-foot condo he co-owns with other investors in […]
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