Co-conspirators in Arbors fraud scheme indicted
U.S. Attorney A. Lee Bentley III in Tampa has announced the unsealing of indictments charging two California men with fraud conspiracy related to The Arbors apartment complex in Carrollwood. Gary Hughes, 35, and Jason Martin, 36, have been charged with one count of mortgage fraud conspiracy involving bank fraud and each face a maximum penalty […]
18-story condo tower with rooftop pool moves forward in downtown Sarasota (Renderings)
An Illinois developer is moving forward with plans to build an 18-story luxury condominium tower in downtown Sarasota. XAC Developers said Friday that the company has pulled a permit for The DeMarcay, a 39-unit tower slated for 33 S. Palm Ave. It was the last day the group could secure a permit under the existing […]
Readers share their ‘what it costs’ stories on social media
There can be sticker shock when relocating from one city to another. When I tried to sublet an apartment in New York City for a summer internship, that shock left me a little worse for wear. Monthly rent in St. Petersburg was running me $700 a month. Monthly rent in Manhattan was going to cost […]
South Tampa land prices are ‘shooting for the moon’
If it were based purely on demand, retail development would be cropping up all over South Tampa. But assembling the necessary acreage to accommodate new buildings and provide ample parking is next to impossible — which makes the Shoppes of South Dale all the more noteworthy. Paradise Ventures Inc., based in Safety Harbor, broke ground […]
Firefighters battle blaze at Town ‘n’ Country area apartments
A two-alarm fire broke out early this morning just after 5:30 a.m. at an apartment complex in the Town ‘n’ Country area of Tampa. Hillsborough County Fire Rescue crews are on the scene at the Captiva Club Apartments at 4401 Club Captiva Dr., according to ABC Action News.(See map below.) It is near Kelly Road […]
What property owners must know about eminent domain and Donald Trump’s love of it
“Eminent domain is wonderful.” This is a recent quote from presidential candidate and billionaire developer Donald Trump. It’s a position he’ll have to defend within and outside his party. If you own real estate or just want to understand this political issue, you should know three things about eminent domain: How it worked for generations […]