Florida Foreclosures No Longer Dominate The Property Market After The First Quarter Of 2011

The beautiful state of Florida has offered many bargain deals on home properties all across the region which have been made possible due to the excessive inventory for Florida foreclosures. However, things seem to be changing as the market has been on its way up again to normal levels.


Hot Property: Coliseum corruption case defendant sells house

Among names of note to pop up on sales that have finally slowpoked their way into the public record is Todd DeStefano, who has sold his Pasadena house for $1.92 million. The former L.A. Coliseum events manager is charged with receiving more than $2 million in illegal payments for helping to stage raves at Coliseum [...]


Hansen buys rest of Sodo property needed for sports arena

Chris Hansen, the hedge-fund manager who wants to bring a basketball and hockey arena to Sodo, says he has locked up the remaining property needed for the arena, and the sales should start closing this week.


Hot Property: ‘It’s Complicated,’ a Marilyn haunt, speech site

From the pool of potential Hot Property items, here are a trio that were just too interesting to delegate to the delete key:


Hot Property: PGA champ Phil Mickelson’s compound is in play

The professional golfer’s estate in Rancho Santa Fe is listed for sale at $7.095 million. Professional golfer Phil Mickelson and his wife, Amy, have listed their estate in Rancho Santa Fe for sale at $7.095 million.


TEXT-Fitch revises Essex Property Trust outlook to positive – Reuters

expressandstar.com TEXT-Fitch revises Essex Property Trust outlook to positiveReutersESS' leverage levels have declined, fixed charged coverage has improved, and the company maintains strong level of unencumbered assets that provides solid coverage of unsecured debt. Further supporting the ratings are the company's solid management …Fitch Affirms GEO's IDRs at 'BB-'; Rates Proposed Unsecured Notes 'BB …Business [...]


Florida Foreclosures Are Great For Many Residential Home Buyers And Property Investors

Florida is home to many fantastic real estate deals which have been able to capture the attention of so many people from different parts of the world.


TEXT-S&P rates Simon Property – Reuters

March 9 – Standard & Poor’s Ratings Services today assigned its ‘A-’ unsecured debt rating to the $600 million 2.15% senior notes due 2017, $600 million 3.375% senior notes due 2022, and $550 million 4.75% senior notes due 2042 issued by Simon …


Tiffany’s Paris Flagship Store Property For Sale – Forbes

The 8,230-square-foot space is being sold in behalf of a private owner. It contains two retail jewelers, the second store being Kornmesser, a private Austrian luxury jewelry and porcelain retailer. Both tenants recently committed to new long …


Boom-Era Property Speculators to Get Foreclosure Aid: Mortgages – Bloomberg

Almost one in four home purchases in January was made by an investor, according to the National Association of Realtors. And investment and vacation properties made up 21 percent of houses in the foreclosure process in January, according to …