GLG Topic: Florida Condo Market

Contrary to the current and continuing real estate trade association "spiel", this article is a "real" sign of the times. I'm sure there are many in the real estate industry that will be (or act) surprised, or want to discount the cumulative and compounding evidence of fraud that has permeated the...

Mr. Icahn's success in turning around companies or forcing component sales at a profit is legendary, but in my opinion, the investment in nearly 15% of WCI stock is a risky venture.A quick review of WCI shows the company had more cancelations than new sales in the luxury tower division...

Will the abandonment of mortgage defaulted properties create opportunites for tax debt investors? What innovations may be on the horizon to address the anticipated loss of property tax revenue to the nation's cities & counties?  Will tax certificate sales become the method of choice for recovering...

Florida and Southeast  Alabama condominium sales are flatlined with bulging inventories that are losing value each day they sit idle. Investors are losing money,patience, and hope as this sector struggles for air. Builders are scrapping plans for new developments until the current inventories are...

The Investors’ Business Daily article by David Devoss accurately notes that condominium conversions are on the wane. Many apartment owners have made the decision to either not move forward with the legal reclassification of condominium; or, in many instances, to actually revert the status of their units...