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Strategies of the Condo Vultures®

Florida

Chroniclizing the downturn of condominium market from a buyer's perspective.

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RE: 8,400 South Florida Condos Go Into Foreclosure in '08
Peter, thank for the informative and inciisive ana...
New Miami Condo Tower Being Foreclosed By Construction Lender
Construction lender Wachovia Bank has filed a fore...
RE: Countrywide Tries To Dump 559 South Florida REO Properties
I would like a listing for the properties in palm...
RE: Countrywide Tries To Dump 559 South Florida REO Properties
I would like a list of the properties in florida,k...
New Miami Condo Tower Being Foreclosed By Construction Lender
An all-cash, magnitude emptor that prepaid $36 car...

Strategies of the Condo Vultures®

Ritz-Carlton Condo Project Cancelled in South Beach

Dec. 11, 2008
The developers of the proposed Ritz-Carlton Club condominium resort and timeshare in Miami Beach's South Beach neighborhood have cancelled the three-tower luxury oceanfront project, blaming the decision on a lack of available financing, according to the Miami Herald.

Report: 33 Foreclosures Valued At $1 Million Or More In South Florida

Oct. 28, 2008
The wealthy may be immune to economic downturns but that hasn’t stopped 33 luxury properties valued at between $1 million and $5 million from going into foreclosure in South Florida, according to a new Vultures Database™ report from Condo Vultures® LLC.