Brooklyn Condo Developer Ordered to Pay $6 Million to Defrauded Buyers
A Brooklyn condominium developer is being forces to provide more than $6 million in restitution and purchase credits to buyers who made down payments but never received their properties or their money back for years. An investigation by the Office of the New York...
Sales Begins at New 128-Unit Jersey Shore Condo Development
A joint venture involving Lincoln Equities Group, RWN Real Estate Partners and Avenue Realty Capital have begun sales at Liora Club & Residences, a new luxury condominium development in Long Branch, New Jersey. Situated just one block from the Jersey Shore beach...
Housing Groups Ask Pulte to Delay New Condo Financing Requirements
A trio of housing industry organizations – the Community Associations Institute, the Community Home Lenders of America, and the National Association of Mortgage Brokers – have called on Federal Housing Finance Agency (FHFA) Director Bill Pulte to enact a one-year...
Sales to Begin at Panorama Buckhead, Former Atlanta Rental Tower Turned Condominium Development
The real estate developer Crescent Heights announced the launch of Panorama Buckhead, a residential conversion development in Atlanta. According to the company, the property is a former high-rise rental tower that has been converted into a condominium project with 236...
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