NEW RESIDENTIAL

Judge Approves Partial Settlement In Coconut Grove Property Dispute

In what lawsuits allege was a long-running real estate fraud in Coconut Grove. a judge just approved a settlement among parties with the most money at stake. The $33 million deal omits those who put $20 million down on homes and lots where, their lawsuits allege, the developer fraudulently delayed completion while collecting multiple deposits and obtaining loans on the same properties.

Judge Approves Partial Settlement In Coconut Grove Property Dispute Read More »

Settlement In Works Over Multi-Million-Dollar Dispute Against Coconut Grove Property Developer

Lawsuits claim Send Enterprises, the company run by Douglas Cox and Nicole Pearl, intentionally strung buyers along for years, leaving their properties unfinished as they collected multiple deposits for the same parcel. At this time, it’s unclear how much of the down payments will be returned to the would-be buyers. The settlement proposal is set for a hearing before a Miami-Dade Circuit Judge.

Settlement In Works Over Multi-Million-Dollar Dispute Against Coconut Grove Property Developer Read More »

Stalled Coconut Grove Condo Trades In Deed In Lieu Of Foreclosure

Miami-based 3034 Oak Park LLC transferred the incomplete Arbor condominium to Arbor Grove Development LLC. The deed is in lieu of foreclosure in exchange for the lender releasing $20.96 million in personal guarantees against the seller, but the original loan remains in place on the property.

Stalled Coconut Grove Condo Trades In Deed In Lieu Of Foreclosure Read More »

Looking For A Lower Insurance Rate? In Miami, You Have Tough Options. Here’s Some Advice

Many Florida homeowners might be considering finding an insurance company to give them a better rate. But there’s little chance of finding one, especially if they live in the southeastern part of the state. Half a dozen independent insurance agents said that only a handful of insurance companies are willing to write new policies, and new ones are focusing on policies that are being handed over by the state-created Citizens Insurance.

Looking For A Lower Insurance Rate? In Miami, You Have Tough Options. Here’s Some Advice Read More »

A Beloved Coconut Grove Market Faces An Uncertain Future

The Coconut Grove Organic Farmers Market could soon be gone, as new development replaces the community’s landmarks, piece by piece. The market, amid lush almond and live oak trees, feels almost immune from encroaching development. But the market’s history is also part of a larger story of a changing Coconut Grove.

A Beloved Coconut Grove Market Faces An Uncertain Future Read More »

Scroll to Top