Archive for June, 2012
Florida investors take over troubled Semiahmoo Spit condos
By | On Jun 25, 2012 | CommentsBy JOHN STARK — THE BELLINGHAM HERALD BLAINE – The unfinished Marin Condominums, a painful local symbol of the real estate bust, have been purchased by Florida investors who hope to bring the project back to life. Joseph O’Brien, project manager for new owner Patten Real Estate Partners of Naples, said the group paid Seattle [...]
Florida development company buys Marin condos
By | On Jun 24, 2012 | CommentsPublished on Wed, Jun 20, 2012 by Jeremy Schwartz Source: http://www.thenorthernlight.com/ Late last week, Patten Sales and Marketing, a land sales and development company based in Florida, became the new owner of the Marin condominium buildings A and B. Sited next to the Semiahmoo Resort, the project sat vacant and unfinished for five years and [...]
Marin condominiums edge toward sale
By | On Jun 21, 2012 | CommentsPublished on Wed, May 16, 2012 by Jeremy Schwartz Five years after all work stopped on the unfinished Marin condominiums, a potential buyer may be less than two weeks away from owning the multimillion dollar project. Blaine City Council member Clark Cotner said the potential buyer is eager to start work on completing the unfinished [...]




