Fort Lauderdale based home builder, Levitt and Sons received permission from the bankruptcy court to walk away from 4,000 residential lots that served as collateral on loans from Bank of America and KeyBank. (more…)

Hollywood home builder Tousa is considering following Fort Lauderdale home builder Levitt and Sons and filing Chapter 11 Bankruptcy. (more…)

As of last Friday, Fort Lauderdale based home builder, Levitt and Sons became the nation’s largest home builder to file for bankruptcy. (more…)

According to the Commerce Department, construction of new homes last month fell to a 14 year low. (more…)

Levitt & Sons, the Fort Lauderdale-based home builder, has stopped construction of homes in all its Florida subdivisions as it attempts to renegotiate its debt. (more…)

Moody Investor announced on Thursday it would cut its ratings on the home builders Centex, Lennar, and Pulte Homes to junk status. (more…)

Florida’s largest private landowner, St Joe Co, is planning on eliminating 75 percent of its work force and selling off 100,000 acres of land. (more…)

Donald Trump used to have two projects bearing his name in Fort Lauderdale, however, in light of the market, Trump will be putting the Trump Las Olas Resort on hold.  (more…)

KB Homes, the fifth largest U.S. home builder, announced that it would offer homes customized with Disney characters. (more…)

Fort Lauderdale based home builder, Levitt Corp announced plans to lay off up to 200 of its 573 employees. (more…)