Developer Implode
Welcome to Developer Implode
We all know the world business climate is faced with challenging economic times today and the experts all warn of more to come. The daily headlines are filled with bailout news for the bankers, insurance companies, auto industry and homeowners faced with foreclosure. The oil sheiks, Wall Street investment bankers and real estate makers are all facing a tough road ahead to climb back up to the multi-billion dollar profits they made in previous years.
While the economy was great, there were plenty of real estate developers - many were able to print money, with no shortage of eager buyers. Now, many of those same eager buyers are bailing on pre-construction deals they made during those silly times. Sophisticated sales launches for new condominium and high-rise projects are now being reinvented with new incentive gimmicks and auctions, to reduce existing housing inventories.
The mission for Developer Implode is to help us keep track of the various real estate projects in our communities. We hope to keep our readers informed on all those large holes in the ground, hiding behind the construction fencing hung with the beautiful renderings of what is to come.
DeveloperImplode.com is for sale at SEDO
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Time To Sue Marriott |
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MGM CityCenter On Track To Open This Year |
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Phoenix-Scottsdale-Paradise Valley Hotels |
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Rancho Palos Verdes gives luxury resort an $8-million bailout |
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Sad Sight in Tiger Town |
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Developer Drops Gehry’s Design for Brooklyn Arena |
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Virtual World - Virtual Real Estate Developers - Virtual Contracts - Virtual Lawsuits |
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Net-zero energy homes are gaining in popularity, but before buying a green home or an add-on product designed to generate energy, make sure you do your homework. MarketWatch's Amy Hoak reports.
Juliet Chung discusses developers of high-end vacation homes, which are building smaller, less expensive houses in resort communities as home sales slump in major markets across the country.
A herd of hungry goats invade a late tycoon's green acres. Their mission: to help gobble up weeds that threaten majestic views. WSJ's Gwendolyn Bounds reports.
Angela Pruitt explains why some of the largest commercial-property owners are defaulting on debts and surrendering buildings worth less than their loans, just like homeowners walking away from mortgaged houses that plummeted in value.
On the five-year anniversary of what many in New Orleans simply call "the storm," the city and its residents are still trying to rebuild after the damage of Hurricane Katrina. From a church pastor to a Bourbon Street performer, for those who actually survived it, it doesn't seem that long. WSJ's Neil Hickey reports.
