South Tampa Realtor
I received an email today regarding the Peoples Bancorp Inc. (PEBO) Q2 2008 Earnings Call Transcript. They mentioned a property they financed in Tampa and how the values of this condo conversion have come down. It didn’t mention what development they were talking about. I thought it was interesting and a positive sign for the condo […]
The Place at Channelside goes up for sale after being a rental community in Tampa for 10 years. The article below was originally published in October of 2008. Now, 10 years later the Place at Channelside is selling the remaining 188 units to the public. Buyers have been waiting for condo inventory in the Downtown […]
See all condos for sale! I emailed my friend Michael at the Tampa Bay Business Journal to see if he had heard of anything regarding the bankruptcy. He says “It’s on the front page of our website today”! Ok, so I’m a Realtor, not a journalist, but I do try and get the scoop on […]
In a move that will make it even more difficult to qualify for a condo loan, Fannie Mae is putting a host of new conditions on mortgages for condominiums. View from 345 Bayshore Condo Lending giant Fannie Mae is slapping tough new requirements Fannie Mae’s timing ”couldn’t be worse,” said Jack McCabe, a South […]
Tampa Bay Business Journal by Michael Hinman Staff writer Breaking News on the outcome of the Auction at the Place in Channelside-Tampa, Fl The identity of the group in line to buy The Place at Channelside has yet to be revealed, but the purchase price is now public. The 243-unit complex on Channelside Drive […]
When we first posted this story the auction had not taken place. Click link below for updated sales price for The Place at Channelside The Place at Channelside Auction sells for 21.9M August 20, 2008 Bargain basement: 171 Tampa Channelside condos face bankruptcy auction A bankruptcy judge has ordered the auction of the remaining vacant condos […]
I thought I would share an email from a reader who wanted to know more about investing in the Tampa Real Estate market. Hello Rae. I think Condo’s will probably see the most flexibility, due to a large portion of a development still available? Waterfront condo’s are always in season due to their location, in […]
It’s been a long road for those who have purchased condos in Channelside. Since we have been posting articles relating to downtown Tampa; I thought everyone would want to hear what’s happening in the Channelside District. The first development to file for Chapter 11 bankruptcy protection was the Towers of Channelside. They are still selling […]
34 buyers suing to get deposits back from condo projectBy: Dave BalutTampa, Fl. – The Channelside District as seen from one of the large parking garages across the street. A new condo project called The Place At Channelside is almost finished, but now some buyers are trying to bail out. 34 buyers are suing developers […]
Condo Saturation Soaks DevelopersBy SHANNON BEHNKEN The Tampa TribunePublished: May 1, 2007TAMPA – Condos For Sale. The loud signs flaunted from street corners across the Bay area are meant to grab the attention of potential buyers.Developers advertise slashed prices and promise flat-screen TVs and computers. They put up inflatable gorillas and even pay people to […]
