3 office buildings in Davie are purchased by a financial solutions firm. The firm is Bankers Health Group purchased the buildings for $3.5 million which was 46% off the foreclosed mortgage. The 39,298 square foot space has been vacant after it has been finished in 2008. This space which is near Diamond III Office Park […]
The profit for 2012, as Fannie Mae posted, is $17.2 billion. This marks the government-sponsored mortgage backer’s first yearlyincome since 2006 and its largest-ever yearly revenue. The reason for this is due to the overall improving economy, low interest rates and an improving housing market and declines in foreclosures.
After the downfall of the housing market last 2008, the Wellington Reserve Office Park was detained by a commercial mortgage-backed securities trust for not being able to pay its $28.8 million mortgage. Just recently, a firm that obtained almost $100 million of tormented Florida properties in 2012 also purchased the park at a discount of […]