More encouraging news for the local real-estate market: Preliminary numbers for Orlando’s industrial segment show that the amount of available space dipped by 600,000 square feet during the second quarter. It’s the first evidence of a tightening since late last year, a sign that vacancies could be stabilizing.
That’s the early reading from David Murphy, senior [...]

Pond View Village, a heralded experiment at turning a former industrial site into 124 units of heavily subsidized affordable and market-rate housing, has been unable to sell condos in a glutted market and has defaulted on its main lender.
It teeters at the brink of foreclosure.
Cape Ann Housing Opportunity, the community-based nonprofit organization that last year [...]

After just three weeks of public marketing, 104 of the 314 units in the first large condo building planned for Lincoln Park since the 1970s are under purchase agreements with 10 percent deposits, said the developer, John T. Murphy, co-principal of Ricker-Murphy Development LLC.
Despite a slowing housing market elsewhere, the units at Lincoln Park [...]

Across Southwest Florida, real estate agents are reporting sales, showing activity and buyer interest that suggests the region could be emerging from its real estate doldrums.
In January, Michael Saunders & Co.’s call center received 3,375 serious inquiries, “which matches almost exactly the call activity at the height of the boom,” said spokesman Tom Heatherman.
In January [...]

Paladin Development Partners of Park City has launched a massive $90 million condo and retail project, called The Silver Star Development. In construction dollars, it is the second-largest private project in the state.
The nearly 20-acre development will include 98 condominium units all of which have been sold 8,000 square feet of historic renovation, 10,000 [...]

EASTHAMPTON, Mass. A proposed condo complex for older gay and lesbian residents in Easthampton appears to be in jeopardy.
The bank that granted a mortgage for the former Easthampton Dye Works building is foreclosing on the property and it will be auctioned on January fifth.
According to mortgage documents, the bank loaned property owner David Murphy two-point-one [...]