DeSantis’ property tax cuts head to statewide vote in November
Florida voters will decide whether to slash property taxes for homesteads come November, after the Florida Legislature passed Gov. Ron DeSantis’ proposal on Tuesday. During a special session that started on Monday, the Florida House voted 75 to 26, and the Senate 30 to 9 to send the proposed consti
CS Ventures scores $22M loan to buy Frisbie properties in Palm Beach
CS Ventures picked up a portfolio of the Frisbie Group’s Palm Beach properties just months after redevelopment plans for the sites were scrapped. Ocean Bank provided a $22 million acquisition loan for CS Ventures’ purchase of the three-story former IberiaBank building at 180 Royal Palm Way, a 20,000
Onity to sell $5B reverse mortgage business to Finance of America
Onity Group will cash out of its reverse mortgage business in a deal with one of the largest providers of the product in the U.S. The West Palm Beach-based mortgage servicer received the green light from regulators to sell a portfolio of reverse mortgage servicing rights tied to $5.1 billion in loan
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