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Treasure Coast & Palm Beach | Real Estate Blog

Up-size Your Home to Make Your Home-Based Business Work For You

Photo By: Pixabay You’ve likely heard of the downsizing trend, but up-sizing is a trend as well. Many families are finding that their current humble abode just doesn’t provide enough space, and if you add a home-based business to the mix, square footage is a hot commodity. Rather than deal with the stress of having your work overflow into the living room, kitchen, bedroom, etc., consider up-sizing your home so that you and your business have room to grow. Understand Your Finances Everyone knows that buying a home is a huge investment, and most people take out a mortgage loan to fund at least part of their purchase. Just remember that if you’re in the process of applying for a small business loan, this will ...

First-time Fixer-Upper Tips

If you have never invested in real estate before, a first-time fixer-upper project can be a great introduction. The work is not for everyone – it’s difficult, can take over your life and drain your finances if not handled well. However, if managed properly, a fixer-upper project can help you develop home improvement skills and project management abilities while providing the opportunity for profit. Here are some tips on how to determine what you can afford, how to choose the right projects, keep everything under budget and your life as sane as possible. Start with a general plan Before you start going to open houses or shopping for cordless drills, take some time to determine if you are up for the task of being a ...

Crews top off first of two buildings at Palm Beach Gardens office development

DiVosta Towers is topped off in Palm Beach Gardens. (Credit: Richard Graulich / The Palm Beach Post) Construction workers topped off an 11-story office building under construction in Palm Beach Gardens. It is one of two 11-story office buildings called DiVosta Towers at 3825 PGA Boulevard, which will have a combined total of 220,000 square feet. The topped-off office building is expected to open first, in early 2019, and the second building about six months later. Crews installed decorative, pyramid-shaped framework on top of the first building, which has four floors that future tenants have pre-leased. Rebel Cook, president of Rebel Cook Real Estate in Palm Beach Gardens, told the Palm Beach Post that DiVosta Towers will be the city’s first new office space in ...

Margaritaville cost Hollywood taxpayers $28M more than expected

The three-year-old Margaritaville Hollywood Beach Resort cost Hollywood taxpayers $28 million more than city leaders realized. Hollywood city commissioners thought the city made a $28 million loan to help finance the development of the 17-story, Jimmy Buffet-inspired resort. But the $28 million loan changed to a grant between the third draft and final draft of a 99-year agreement by the city to lease five city-owned acres where Margaritaville was built. City commissioners Traci Callari and Peter Hernandez said they were duped into thinking the city made a $28 million loan to help finance the development of the 349-room resort. Hernandez was the only city commissioner who voted against leasing city land for the development of Margaritaville. Three other commissioners – Kevin Biederman, Dick Blattner and ...

Avenir mixed-use project in Palm Beach Gardens boosts loan to $108M

A company tied Landstar Development Group boosted its construction loan to nearly $108.45 million for the first phase of Avenir, a nearly 4,800-acre mixed-use community in Palm Beach Gardens. Property records show Landstar affiliate Avenir Holdings LLC sold a portion of the development site to Avenir Development LLC, which is also controlled by Landstar, for $95 million. Avenir Holdings, the seller, is providing financing. In December, Avenir Holdings sold 2,287 acres to Avenir Development for $15 million, and provided the $13.5 million loan. The buyer and seller are controlled by Landstar’s David Serviansky, Rodolfo Stern, Eduardo Stern, Roberto Horwitz, Manuel Mato, Daniel Lopez and Virginia Cepero. Serviansky leads the selling entity, and Mato is president of the buyer’s LLC, according to corporate records. Rosa Schechter, ...