The five remaining commercial retail/office condominium units at the Ft. Lauderdale, Fla. NuRiver Landing development will be auctioned online, auctioneer LFC Group announced. The commercial condos include access to the facility’s rooftop pool, meditation garden, club room and fitness center. The opening bid for the condos, which range in size from just over 1,700 to 4,500 square feet, is $199,000. The bid deadline is Oct. 29, 2009. The development is a joint venture between the Carlyle Group and Noble House. The auction will be held on LFC Group’s Web site, lfc.com. “This is a developer closeout auction, not a liquidation auction,” said LFC Group vice president Shawn Miller. “There has been a lot of interest in these five remaining commercial condominiums, and the auction will motivate buyers to move quickly and aggressively.” Write to Austin Kilgore.
Developer to Auction Ft. Lauderdale Office Condos Online
September 17, 2009, 3:30pm
Most Popular Articles
The hidden cost of leverage: Why today’s real estate investors need to be more conservative than ever
In today’s high-cost market, excessive leverage can quickly turn a profitable property into a financial liability. Investors must prioritize conservative underwriting and consistent cash flow over extracting maximum equity.
Jun 30, 2026
-
CFPB, facing staffing constraints, moves to expand mortgage credit box
Jun 29, 2026 -
Why Carlisle Companies targets Owens Corning for an M&A combo
Jun 30, 2026 -
Introducing the 2026 Women of Influence
Jul 01, 2026 -
GSEs release historical FICO 10T data, expand VantageScore 4.0 file
Jul 01, 2026 -
Berkshire’s Clayton adds McGuinn Homes to Mungo as scale race widens
Jul 01, 2026
Latest Articles
Reffkin takes the stand, MRED CEO says Zillow threatened litigation over listing policy dispute
Compass and MRED leaders testified Zillow threatened litigation over listing access standards, briefs due July 9 and July 13.
-
Government-backed modular housing trend arrives in Cleveland
-
Will the ROAD Act change what pencils for multifamily rentals?
-
First MLS names Jenni Bonura chief growth officer
-
RealTrends Verified The Craig Tann Group continues decade of growth
-
MISMO updates mortgage insurance data guide for VantageScore 4.0 and FICO 10T