Miami Real Estate Law Blog

Law Offices of Daryl L. Jones, P.A.

Financing Still Tight in South Florida Real Estate Market

On behalf of Law Offices of Daryl L. Jones, P.A. posted in Commercial Real Estate on Wednesday, March 5, 2014.

While the commercial real estate market in South Florida appears to be improving, lenders are still hesitant to finance a number of real estate transactions. A number of critics feel that federal regulators and lenders are in fact slowing down recovery by turning away borrowers that are creditworthy. The tighter restrictions came about in part […]

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Miami Foreclosure Rate Fell But is Still above National Average

On behalf of Law Offices of Daryl L. Jones, P.A. posted in Foreclosure on Thursday, February 27, 2014.

The foreclosure rate in the Miami-Miami Beach-Kendall area had fallen to 8.72 percent in December.  While this is down significantly from the 14.38 percent rate we saw one year earlier, it is still much too high.  The national foreclosure rate is at 2.09 percent.  The foreclosure rate across Florida was listed at 6.67 percent in […]

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Florida Real Estate Dispute Goes Back to Eminent Domain Action

On behalf of Law Offices of Daryl L. Jones, P.A. posted in Real estate dispute on Thursday, February 20, 2014.

A proposed Florida development has been delayed by officials who say they need more time to look over project information.  The information contained in the proposal was delivered by an attorney and concerns a legal dispute, property ownership and storm-water drainage. The Main Street Redevelopment Board had three board members abstaining on any vote to […]

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Commercial Real Estate Refinanced to Have More Time to Sell

On behalf of Law Offices of Daryl L. Jones, P.A. posted in Real Estate Transactions on Tuesday, February 11, 2014.

One South Florida property owner has refinanced in order to be provided more time to sell the land. The loan has been negotiated by a Miami-based firm for $36.5 million and involves vacant tracts in Hillsboro Beach and Boynton Beach. The commercial real estate lender has provided the loan over a period of 24 months. […]

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