BankAtlantic has started the process of what sources are calling a "friendly foreclosure" against Sergio Pino, the Doral homebuilder over a 75.4-acre site in Hialeah Gardens. Pino, the president and CEO of Century Homebuilders and board member of U.S. Century Bank has another foreclosure lawsuit pending from the Wachovia Bank. He countersued Wachovia in its [...]
Want to know how the ongoing recession has affected commercial property operations? A fine example has come to the fore in Austin – the city relatively making good progress in the path of recovery. The Austin-Bergstrom International Airport Hotel, linked up with the Hilton brand name is suffering from financial losses and is in deep [...]
Foreclosures and Bankruptcies galore in Real Estate news, especially Commercial Real Estate. The investment in such properties being high, rather than individuals, companies and corporations are mostly involved in the ownerships. And declaring Bankruptcies seems to be the easy route available for them to evade foreclosure. But in a latest case reported from Austin, Texas, [...]
The zoning change request in Austin, to enable building a new convention center hotel in downtown has met with official approval. On the 24th June, the Austin City Council approved the request of the land owner, and permitted turning over a public alley to clear the way for the new project. Tim Finley, the owner [...]
News reports of commercial foreclosures are increasingly hitting the media in Texas State, particularly in Dallas and Austin metropolitan areas. The following are the latest updates. Office Building at Las Colinas sold out of foreclosure: An office complex building has been purchased out of foreclosure, wherein it is proposed to house a computer-training firm in [...]
On an analysis of the commercial foreclosures in Denton County, as per data released by Foreclosure Listing Service Inc., there is upward trend but experts in the field have found reasons for this and expressed hope that the future market will increase for the good. During the first half-year of 2010 taken for scrutiny by [...]
According to latest news reports appearing in San Marcos Daily Record, commercial property foreclosure listings have mushroomed in Travis, Hays, Bastrop and Williamson counties during the first six months this year, as per tracking Austin Metro by Foreclosure Listing Service (FLS) – an Addison-based firm. The figures go to show that Hays County commercial foreclosures [...]
© 2012 Commercial Short Sale Center. All Rights Reserved. Log in - Designed by Gabfire Themes