Florida State Government and Public Real Estate News

~The Banks Are Implementing New Procedures to Reduce Loan Modification Delays, Improve Communication with Borrowers, and Avoid Multiple Requests for Documents~

TALLAHASSEE, FL – October 2, 2013 – (RealEstateRama) — Attorney General Pam Bondi, along with her colleagues on the National Mortgage Settlement Monitoring Committee, today announced that Bank of America and Wells Fargo have agreed to implement new procedures designed to address possible violations of the national mortgage servicing settlement. These improvements come in response to concerns expressed by Attorney General Pam Bondi earlier this year, which were based upon complaints from distressed borrowers, housing counselors, legal aid groups, and foreclosure defense lawyers that the banks were falling short of meeting the servicing standard requirements set forth in the National Mortgage Servicing Settlement. ALLRMC.COM more »

Seven transactions arranged by CBRE in Florida Keys in last 18 months

Miami, FL – September 16, 2014 – (RealEstateRama) — CBRE Hotels arranged the sale of two beachfront resort and marina properties in Islamorada, FL, bringing to seven the number of hotel and resort transactions closed by CBRE in the Florida Keys in the past 18 months. Both the 12-acre Postcard Inn Beach Resort & Marina at Holiday Isle, FL, located at 84001 Overseas Highway, and the 15-acre La Siesta Resort & Marina, located at 80241 Overseas Highway, were acquired by an undisclosed buyer. more »

Fort Lauderdale, FL – September 8, 2014 – (RealEstateRama) — CBRE’s Net Lease Property Group completed the sale of a new long-term net leased Bank of America investment property located at 4901 North Federal Highway in Fort Lauderdale, FL. The buyer, Bayrock Investment Co., purchased the property for $9,265,000, from 4901, LTD. CBRE represented the seller, Fort Lauderdale-based Trion Group, in the transaction.

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TAVARES – August 19, 2014 – (RealEstateRama) — Flooding causes more property damage in the United States than any other type of natural disaster, and the Lake County Public Works Department is urging homeowners to be sure they are protected. more »

New Florida NeighborWorks Collaborative launches at conference

Orlando, FL – August 12, 2014 – (RealEstateRama) — A $1.84 million boost is coming to the Orlando economy when more than 2,100 community development professionals from around the country convene in the city for the NeighborWorks Training Institute (NTI) Aug. 18-22. The conference is hosted by NeighborWorks America, a national, Congressionally chartered nonprofit that creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities. more »

Fort Lauderdale, FL – August 11, 2014 – (RealEstateRama) — The South Florida multifamily market commanded a record number of sales in the first half of 2014, according to a report just released by the CBRE South Florida Multifamily Investment Properties team. The report tracks sales in the $1 to $20 million range and shows 172 multifamily sales totaling more than $515 million, the strongest sales activity for the first half of a year since 2006. The report can be downloaded here. more »

Gainesville, Florida – August 11, 2014 – (RealEstateRama) — CBRE Hotels is pleased to announce the sale of the 83-room Comfort Inn University located at 3440 SW 40th Blvd. in Gainesville, Florida. A Southern California investment group sold the property to a local buyer, Gator Hospitality, LLC, who plans to renovate and reposition the hotel as well as improve the hotel’s efficiency through new management. more »

TALLAHASSEE, Fla.- August 11, 2014 – (RealEstateRama) — Florida Attorney General Pam Bondi and Connecticut Attorney General George Jepson sued Berger Law Group, Resolution Law Group, and related entities and individuals over allegations that they collected at least $4.7 million in illegal upfront fees from distressed homeowners. Under their authority to enforce the federal Mortgage Assistance Relief Services Rule and Florida and Connecticut laws prohibiting deceptive and unfair trade practices, Attorney General Bondi and Attorney General Jepson filed a complaint alleging that four individuals and four businesses formulated and participated in a mortgage rescue scam based in Florida that targeted consumers across the country by making false promises of relief from their mortgages and money damages through mass-joinder litigation. more »

Florida Unclaimed Property Auction Activities Begin Tomorrow in Orlando
Auction Preview Friday from 9:00 a.m. to 5:00 p.m., Auction Saturday from 10:00 a.m. until finished

TALLAHASSEE – August 7, 2014 – (RealEstateRama) — Chief Financial Officer Jeff Atwater invites the public to Florida’s 2014 Unclaimed Property Auction at the Double Tree Airport Hotel in Orlando. The auction of more than 60,000 items valued in excess of $1 million will be held Saturday, August 9. A preview of items will be held on Friday, August 8. more »

CLERMONT – August 1, 2014 – (RealEstateRama) — The Lake County Solid Waste Division is encouraging Lake County residents to dispose of toxic materials in a safe and environmentally sensitive way at an upcoming Household Hazardous Waste Collection event. more »

TALLAHASSEE – July 31, 2014 – (RealEstateRama) — Chief Financial Officer Jeff Atwater today invited Floridians to the 2014 Florida Unclaimed Property Auction. This public auction of more than 60,000 items valued in excess of $1 million will be held Saturday, August 9, at the Double Tree Airport Hotel in Orlando. A preview of items will be held on Friday, August 8. more »

TALLAHASSEE, Fla. – July 28, 2014 – (RealEstateRama) — Attorney General Pam Bondi joined the Consumer Financial Protection Bureau, the Federal Trade Commission and 15 other states in a joint federal-state enforcement sweep targeting scam operations that prey on delinquent homeowners or those facing foreclosure. This sweep highlights recent enforcement actions and resolutions of the federal and state participants against operators of fraudulent mortgage rescue or loan modification schemes that scammed consumers into paying large upfront fees but did little or nothing to help them stay in their homes and avoid foreclosure. Florida is announcing four actions as part of this joint effort including lawsuits filed against Hoffman Law Group, Remedy Group, Law & Associates and Thomas E. Law, II, and Mark Bushee. more »

TAVARES – July 28, 2014 – (RealEstateRama) — Lake County’s Housing Services Division, with the support of federal funding, is offering eligible citizens help with obtaining mobility ramps for their homes.

“These ramps are designed to help make homes more accessible for citizens with physical disabilities and provide greater mobility for handicapped people,” said Cheryl Howell, Lake County Housing Services Division Manager. “With the use of these ramps, people who face physical challenges can enjoy greater freedom and independence and lead a more active life.” more »

TALLAHASSEE – July 28, 2014 – (RealEstateRama) — Chief Financial Officer and State Fire Marshal Jeff Atwater today announced the arrest of Donald Gilles on arson charges after he allegedly set fire to a tractor trailer parked on the property of a Clermont convenient store. more »

TAVARES – July 24, 2014 – (RealEstateRama) — Lake County’s residential curbside garbage collection is changing on Monday, Oct. 6 for all unincorporated areas of the county. As part of the new program, households who currently receive collection services from the county will be given free county-issued trash and recycling carts between August and October. Below are the delivery dates by service area and hauler: more »

TALLAHASSEE, Fla. – July 24, 2014 – (RealEstateRama) — Attorney General Pam Bondi and the federal Consumer Financial Protection Bureau, obtained an emergency temporary restraining order and appointment of a receiver in a joint lawsuit filed in U.S. District Court, Southern District of Florida against Florida-based Hoffman Law Group (“HLG”) and related entities. The order prohibits HLG defendants from doing business with consumers and freezes HLG’s bank accounts. more »

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