Chip Abele’s downtown Hollywood tower threatened with $121M foreclosure
Chip Abele’s mixed-use development that has Publix as a tenant in downtown Hollywood is threatened with a $121.4 million foreclosure. An affiliate of Miami Beach-based Arc Asset Management sued the developers of The Circ for foreclosure, the South Florida Business Journal reported. The 25-story comp
Newly Built Home Sales Pick Up in March
Buyers turned to new builds in March as existing-home inventory stayed limited and mortgage rates eased slightly.
Mortgage Rates Climb on Inflation Worries
Rates on 30-year mortgages rose to 6.37% from 6.3% last week, returning to levels seen a month ago. Rates on 15-year mortgages rose to 5.72%.
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