Channel district apartment tower sold for $88 million
Friday, 16 December 2016
One of downtown Tampa’s newest apartment towers has a new owner. Skyhouse Channelside, which wrapped up completion in 2015, sold for $88 million to a corporate entity tied to Yonkers, New York-based AVR Realty, according to public records. Skyhouse, right, is a 23-story tower in downtown Tampa’s Channel district. The seller was Atlanta-based Novare
- Published in Blog, General, Investors, Local, Luxury, News, Real Estate, South Tampa
St. Petersburg’s Skyway Marina District to get $70 million mixed-use project
Monday, 12 December 2016
ST. PETERSBURG — Years after a popular gay resort closed and its property was sold to Home Depot, the empty, weed-strewn site is about to be developed. Phillips Development & Realty, which expects to close on the parcel in December, has unveiled plans for a $70 million mixed-use project that will include 300 apartments and
1 in 4 Florida Homeowners with mortgage is ‘Equity Rich’
Thursday, 08 December 2016
1 in 4 Fla. owners with mortgage is ‘equity rich’ IRVINE, Calif. – Nov. 17, 2016 – ATTOM Data Solutions’ Q3 2016 U.S. Home Equity and Underwater Report finds that 23.4 percent of U.S. homeowners with a mortgage are equity rich, meaning their loan-to-value ratio is 50 percent or lower. It’s a year-to-year increase of
The ‘Great News’ about rising prices
Sunday, 04 December 2016
Recently there has been a lot of talk about home prices and if they are accelerating too quickly. In some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise. The great news about rising prices, however,
Freddie Mac planning appraisal free mortgages
Wednesday, 30 November 2016
WASHINGTON – Nov. 14, 2016 – Can computers, big data and advanced analytics replace real live humans when it comes to accurately valuing the home you want to buy? One of the two largest financial players in U.S. real estate thinks so and is preparing to introduce changes that could prove momentous – and highly
- Published in Blog, General, Important, Investors, Local, Luxury, News, Real Estate, South Tampa
The price of homes in the Tampa Bay area continues to soar
Saturday, 26 November 2016
Tampa Bay home prices continued to soar in October, with Hillsborough County recording its biggest year-over-year gain since January. Pinellas, Pasco and Hernando counties also showed dramatic increases as buyers vied for an exceedingly tight supply of single-family homes — Pasco had less than a three-month inventory. And even though interest rates have risen slightly
- Published in Blog, General, Local, Luxury, News, Real Estate, South Tampa
Ambitious riverfront project featuring hotel, offices, retail and residences planned for Tampa
Friday, 18 November 2016
TAMPA — Convinced that the city is on a “very positive trajectory,” a Tampa-based real estate firm is planning an ambitious project that would include residences, offices, retail and hotel space on the west bank of the Hillsborough River near downtown Tampa. If it came to fruition, the proposed Lafayette Place would represent another major
- Published in Blog, Local, Luxury, Real Estate, South Tampa
Tampa International Airport hopes to add service to Dublin, Amsterdam, Bogota, Mexico City, Portland, Salt Lake City
Monday, 14 November 2016
Tampa International Airport has its sights set on securing new flights to Europe, Latin America and the western United States. The Hillsborough County Aviation Authority voted unanimously to update and extend the airport’s incentive program, which is used to help lure new airlines and routes. As part of the presentation given to the aviation authority
Why Bill Gates And Jeff Vinik Are Investing Billions To Build An Ecosystem In Tampa
Thursday, 10 November 2016
Ten years ago, Jeff Vinik retired from Fidelity Investments after managing their high profile Magellan Fund. Worth an estimated half a billion, it’s safe to say Vinik can live wherever he wants, and do almost anything he wants, or nothing at all. Instead, Vinik is using his millions to reinvent himself and the city of
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Hughes Shelton Realtors Recognized Among the Top Agents of Coldwell Banker Residential Real Estate
Tuesday, 01 November 2016
TAMPA, Fla., Oct. 31, 2016 /PRNewswire/ — The Hughes-Shelton Realtors® team has been recognized among the top sales associates affiliated with Coldwell Banker Residential Real Estate for 2015. Mike Hughes, Jeff Shelton and Andrea Webb attended a special three-day event in Orlando last week to honor the top regional associates from NRT LLC, the largest
- Published in Local, Luxury, News, Real Estate, South Tampa