Channelside Condos Foreclosure-New BANK pricing released-Tampa, Florida

Many of you have been patiently waiting for the new pricing and release of condos in The Towers of Channelside. Now that the bank has taken over, your opportunity to buy at amazingly low pricing is here. Here is what is available for sale
FOR A LIMITED TIME ONLY:
Bank Released New Pricing
Financing now available with 25% [...]

VENTANA CONDO AUCTION-CHANNELSIDE DISTRICT-TAMPA, FLORIDA

CHANNELSIDE CONDO AUCTION! VENTANA-TAMPA, FL  
33 Luxury Channelside Condos For Sale• Minimum bids from $145K
 
 Pricing Example:
A 1 bedroom 2 bath condo, 1,143 square-foot condo at Ventana has a minimum bid of $145,000.
It’s last asking price: $473,100.
Total units in building 84. There are only 33 remaining.    Maintenance fees are calculated at .33 per sq ft.
 Includes: [...]

Towers of Channelside Bankruptcy update-Tampa, Fl

The Towers of Channelside has been in receivership for the past couple months.  Receivership is a form of bankruptcy in which a company can avoid liquidation by reorganizing with the help of a court-appointed trustee.
During that time they have taken most of the condos off the market in order to re-structure pricing.  They are negotiating [...]

Towers of Channelside Bankruptcy Update-Tampa, Fl

TAMPA — Nearly half of the 257 condos at the Towers of Channelside have sold, including one in February to Tampa Bay Rays third baseman Evan Longoria, but those sales still aren’t enough.  The developer of the twin 29-story towers has notified its lender it’s giving up on the project 15 months after it sought [...]

Update on Rental of The Place at Channelside

 

From Channelside

Pricing on the Place at Channelside has just come out.  Although I have been renting units belonging to private owners for over a year, the new owners have just begun to lease the unsold units.  The new owners do not yet have an operational website,  and the old website ended when the new owners took possession of [...]

New Owner’s of The Place at Channelside decide to rent building

It’s official!  The new owner’s of The Place at Channelside have decided to turn the condo development into rentals. 
What does this mean for people who purchased the condos and are either living there or trying to sell them?  It doesn’t look good, that’s for sure.  You can’t help but feel sorry for those who had [...]

The Place at Channelside Auction Winner Announced-Tampa, Florida

The new ownership of The Place at Channelside Development has been disclosed.  After reading the article the only disagreement I have is that they said there is no market for condos right now.  When I posted the last article about the Place going to Auction we received an overwhelming response from people who were wanting [...]

The Place at Channelside Auction sells for 21.9M

Tampa Bay Business Journal  by Michael Hinman Staff writer
Breaking News on the outcome of the Auction at the Place in Channelside-Tampa, Fl

The identity of the group in line to buy The Place at Channelside has yet to be revealed, but the purchase price is now public.
 
The 243-unit complex on Channelside Drive sold for $21.9 million [...]

Towers of Channelside “DEVELOPER EMERGES FROM CHAPTER 11 ON OCT 1st”

Towers of Channelside announced in the Tampa MLS condo listings that “DEVELOPER EMERGES FROM CHAPTER 11 ON OCTOBER 1. CHECK OUT LATEST DISCOUNTED PRICES.”

I emailed my friend Michael at the Tampa Bay Business Journal to see if he had heard of anything regarding the bankruptcy. He says “It’s on the front page of our website [...]

The Place at Channelside in Tampa goes to auction

When we first posted this story the auction had not taken place. Click link below for updated sales price for The Place at Channelside
The Place at Channelside Auction sells for 21.9M
August 20, 2008

Bargain basement: 171 Tampa Channelside condos face bankruptcy auction

A bankruptcy judge has ordered the auction of the remaining vacant condos in The Place At [...]