Por Jairo Chacon Gonzalez

La compañía estadounidense Prodigy Network, la misma que actualmente se encarga de comercializar por un billon de dólares la torre Trump Soho de Nueva York, fue la que se busco a los promotores del BD Bacata, por considerar que este proyecto es de elite internacional y que hay muchos inversionistas que estan interesados en desarrollar este tipo de emprendimientos que le abriran las puertas al mundo desarrollado.

For full story visit: [elespectador.com]

By DAVID SMILEY

A vacant Alton Road lot that resembles a rebarb pin cushion would be replaced by a four-story retail mall lined with high-end commercial shops from businesses around the world.

An old, defunct and shattered hospital would be resurrected and renewed as a spa and wellness center.

For full story visit: [miamiherald.com]

By DAVID STREITFELD

Bank of America, the country’s largest bank, said Friday that it was halting all foreclosure proceedings and sales of foreclosed homes indefinitely.
The action by the bank will increase pressure on other lenders to declare their own moratoriums.

For full story visit: [nytimes.com]

By John Roach of SwitchYard Media

Through it all, Johnson says he has learned many enduring lessons. Chief among them: After every housing recession, the market has “gone higher than the one before.”

For full story visit: [msn.com]

By Alexander Britell

A heavily international buyer pool is increasingly looking to the ultra-luxury condo hotel units in South Beach, led most recently by the sale of the Penthouse B at the Setai last month for $15 million. These sales are driven in some part by the still-strong rental potential of properties with both hotel and condominium components.

For full story visit: [therealdeal.com]

By Les Christie, staff writer

Manhattan home prices held steady during the second quarter of 2010 but tranactions were 81% higher than this time last year, according to several real estate market reports released Thursday.

There were more than 2,700 sales during the three months ended June 30, according to one report, which is average in a normal real estate market but up significantly from the 1,500 sales during the second quarter of 2009.

For full story visit: [money.cnn.com]

BY INA PAIVA CORDLE

Condominium prices are being cut by at least 30 percent at the newly built skyscrapers, said Dezer Properties President Gil Dezer, as the company tries to unload hundreds of unsold units amid a troubled real-estate market.

Real-estate experts say the prices now rank below competing new oceanfront properties countywide.

For full story visit: [miamihearld.com]

By RACHAEL LEE COLEMAN

The Financial Fraud Enforcement Task Force kicked off the first of its mortgage-fraud summits Wednesday in the epicenter of the nation’s mortgage-fraud crisis and pledged to begin finding solutions.

For full story visit: [miamihearld.com]

A Sarasota firm bought a 360-unit apartment complex in southwest Orlando for $6.1 million.

For full story visit: [bizjournals.com]

By Marilyn Lewis

Nearly four years into the housing crash, home sellers finally are starting to price their homes in line with reality.

For full story visit: [moneycentral.com]