Controversial proposal to withhold Citizens insurance is part of condo bill impasse
Florida lawmakers pushing for adjustments to condo safety laws have hit an early impasse over two proposals: one that would ...
Hedge funder Patrick McMahon sells Surf Club condo for $25M
Hedge funder Patrick McMahon sold his Surf Club Four Seasons condo for $24.9 million to an entity linked to WorldQuant ...
California Condos Placed on 'Mortgage Blacklist'
The blacklist, first reported by The Wall Street Journal, is maintained by Fannie Mae. The government-sponsored entity ...
'It's sad': Florida's condo fee crisis could trigger the 'next wave of homeless people' in the state, says one representative — with seniors on fixed incomes at highest risk
A new building safety law that was passed in the wake of the Surfside tragedy in Florida has resulted in a tremendous amount ...
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State Senator Files Bill to Allow Condo Boards to Invest Reserve Funds
Legislation aimed at helping condo boards manage large amounts of reserve cash is moving forward in Tallahassee.
Florida condo bill seeks financial flexibility, safety
The bill is aimed at "providing condo owners a smoother, more flexible financial path forward without compromising safety," ...
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Florida lawmakers should make condo laws less repressive, not more | Opinion
This law, designed to prevent another Surfside condo building collapse, is leading to a collapse in the real estate market, which in turn will depress property tax revenue when valuations drop.
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733 California condo buildings are on a secret ‘mortgage blacklist.’ Here’s where they are
Fannie Mae’s blacklist has grown since 2021 when the Surfside condo collapse in Florida killed 98 people, raising alarm bells for condo associations nationwide that had years of deferred ...
Map: See the 700 condo communities in California on Fannie Mae’s blacklist
The agency refuses to back mortgages for properties that it deems to be underinsured or have underfunded reserves.