Once again, the current real estate market proves that even juggernaut development companies can fall victim to its prey. The latest victim: Opus South Corp.
In a recent leadership shake-up, Kettler Management Corp., a McLean, Va.-based property owner and manager, announced that executive vice president Andrew Buchanan will replace Rick Hausler as president of the company.
Miami condo buildings that once topped 2008’s foreclosure list are now hot-price tickets items in the area’s multifamily market. Who is bold enough to buy condos in Miami’s still-shaky market? According to the area’s real estate brokers, investors—not homeowners—are snatching up these units left and right.