Friendly foreclosure – MiamiHerald.com taking luxury condo

Friendly foreclosure – MiamiHerald.com taking luxury condo

After foreclosure auctions Tuesday at the southern tip of Miami Beach luxury condo building 73 million dollars back, does the lender.
Developer New York iStar financial $ 73 million to repay loans to struggling South 5 condominium project 121 135 went to foreclosure on Ocean Drive in October 2009. Gets the default developer BR Villa Luisa for $ 90. 8 in December lenders, final judgment and back, property ownership Tuesday, "friendly foreclosure. ' ' Of the complete
' In the great project and falling prey to outside, but like many of it's real estate market downturn "and Senior Vice President of iStar, Anthony Barnes said. ', Agreed as a result, developers and our foreclosure ".
Now focused primarily focus on commercial real estate, iStar, remaining 29 condo price requests could top $ 1,000 per square foot per 32 unit property to move responsibility.
5Th South began in 2006 and 2009, held at the height of the recession. According to only three units since the average price of $ 1,500 per square foot on a per-Bal Harbour based consulting condo vultures property records analysis are sold. Price $ 6800000 to $ 400 k from remote has.
When you add iStar is a multi-million dollar renovation in gym, pool and exclusive lounge, but additional investment of 7-story property, are planning to burn, great location to justify said.
' Of 5 min's South region, with it, I think it is like the rest of the South Florida market Chin was never ' and he said. "We've seen basically recovery price. I characterize it as a healthy real estate market ' '.


View the original article here

[ ... ]

Miami Beach Hotel: Palm offers Ocenfront newly renovated luxury-Rillara Newswire (press release)

Miami Beach Hotel: Palm offers Ocenfront newly renovated luxury-Rillara Newswire (press release)

Holidays with care is required. You have chosen place to stay during the holidays you melt when you step through the chain in the lobby to the pressures of daily life in daily routine, it is difficult except to remove.
Is a beautiful place like this, the Palm hotel and Spa Miami Beach. At New York-from min South Beach style in this four-diamond luxury resort. Tropical and remote atmosphere instantly feel re-balanced, relax, and based on free will.
In 2009, the hotel is up or down to 2, $ 251 rooms with spa-inspired bathrooms of suites are relaunched. Ceiling floor overlooking the blue waters of the ocean front rooms additional double bed sofa excellent resort accommodation is of tropical gardens and the Atlantic Ocean panoramic ocean front room window.
Palm Tree Spa, room renovation of the first luxury Beach Resort Spa Aveda United States in complementary colors. To provide relaxation with a comprehensive treatment of the 5,000-square-foot facility features highly customized travel Rite design. Has a series of function rooms to couples suite, offers a complete line of products of two showers, steam room and treatment Tiki cabanas poolside, beauty salon, fitness room, Aveda Aveda area with indoor and outdoor relaxation areas.
Este hungry and soak up the Sun on the day after? Palm Restaurant and lounge - Essensia with simplicity and elegance embodied natural search gourmet. Focuses on the pure essence of the concept of healthy gourmet food taste. A very famous breakfast buffet, morning, seasonal and organic food where possible material highlights the vast selection fresh Florida seafood. Open daily for breakfast, lunch and dinner.
Tiki Bar snacks and drinks 1 passing full time setting during the day of your own sea breeze and Hammock swaying palm trees. Staff will provide or tropical tiki Cabana shade right, swimming pool and Beach Lounge, snack or refreshing drink.
Whether or not swim in the pool, resolve the book during the green gardens in a hammock or white sandy beaches-along is salute the Asahi and walk the Palm hotel and Miami Beach, tropical, secluded hideaway. Yes, escape from your daily routine.
Palm hotel and Spa oceanfront beach resort for more information, see http://www.palmshotelmiamibeach.com.

View the original article here

[ ... ]

Seabourn luxury Department Carnival Inc Miami Seattle to leave. -MiamiHerald.com

Seabourn luxury Department Carnival Inc Miami Seattle to leave. -MiamiHerald.com

Announced plans to shift the plan to save millions of dollars on the move to Seattle from the headquarters of the Carnival Corporation luxury Seabourn brand Friday.
He moved to Seattle, and the details no longer have a job that is still active 116 reveals the 65, according to the spokesman for the employees brand.
Participate in large Seabourn Carnival Netherlands America line Washington. Brand maintains a separate management, but they share space with field sales, reservation system, customer management, and other resources.
And Vice President of public relations Netherlands America line, Carnival Corporation in employee retirement benefits are granted lose their jobs, including job support Sally Andrews.
Carnival will go for $ 20-$ 25 said million years expected 2012 save. Migration is performed the next 90 days. Not change the Andrews published itinerary and deployment. "
Out of Port Everglades in Fort Lauderdale Seabourn sail several times during the cruise winter comes. Five ships December 2011-March 2012 a handful of times each using the port.
Seabourn, small but is for a reputation as an important category of Carnival of luxury brands. To this coming online in June, is called the 'Yachting' sixth-- with the highest capacity up to 450 passengers - the brand has five small-ship.
Netherlands and the United States, and the comparison the ship sails some 1,000 more than 2,000 passengers 15 is a medium-sized ships.
' Evokes the very best of cruise industry offering is the name of the Carnival pride, Seabourn brand thinking "is Micky Arison, Carnival Corporation Chairman and Chief Executive Officer. ' Seabourn go Seattle Netherlands America line technology and support efficiency of nature from the sharing of services further prosperity to this great brand can. '
After it transitions to the Special Advisor to the President of the brand, Pamela Conover, Seabourn brand Ambassador.
Carnival veteran Richard meadows will be Seabourn President and retains the current work as Netherlands America line's Executive Vice President of marketing, sales, and guest programs.
Mark one unit of the brand's departure Carnival Miami movement 1, for the second time Costa Cruises March laying off 80 South Florida employees from certain financial, accounting, revenue management, sales and marketing tasks Hollywood moves to Italy.
Movement but also the parent company said spokesperson nor any plans to leave the Miami Carnival cruise line, Carnival is the largest sector.
To save a Princess cruise transfers, year 2, $ 10 million to California to join the sisters from Cunard line Miami Carnival 2004 Friday announced when the movement has bid reflects.
At that time, had to share some features in Miami for Seabourn, Cunard, Carnival of independent brands.
It is said that shows that Mike ????? editor weekly trade publication number: Cruise plan new addresses Seabourn Cunard cross-country move was successful.
', As a national brand that much more visible, but has been ' and said.
Investment, and responsible for forwarding said mean someone with a strong marketing background Carnival.
' Likes obviously lose job for one of biggest South Florida "and said. ' That is perfectly logical move Carnival "

View the original article here

[ ... ]