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Judge approves $1.02B settlement for victims of Surfside condo collapse [ 3] On June 24, 2021, at approximately 1:22 a.m. EDT, [ a] Champlain Towers South, a 12-story beachfront condominium in the Miami suburb of Surfside, Florida, United States, partially collapsed, causing the deaths of 98 people. Four people were rescued from the rubble, but ...
November 27, 2023 at 5:52 PM. As the COVID-19 pandemic tanked the economy, South Florida developer Eric Sheppard turned to the U.S. government for help and received about $900,000 in fraudulently ...
A reckoning is coming for Florida's condo owners as buildings face millions in repairs. Rubble at the Champlain Towers South Condo in Surfside, Fla., on June 25, 2021. After five decades working ...
Otto Divosta. Otto Divosta (born June 11, 1934) [1] was a principal partner of a major home development company based in South Florida. In the 1970s, he developed a process for building multi-family homes in an assembly line fashion. DiVosta and Clifford F. Burg formed Burg & DiVosta Corp. to combine Burg's construction experience with DiVosta ...
In October 2014, the company purchased Oakmont Home Builders and expanded into North Carolina, South Carolina. [19] In 2015, LGI Homes expanded into Jacksonville, Florida, and Seattle, Washington. [20] In 2016, LGI Homes was named ProBuilder’s ‘Builder of the Year;’ [20] the company was active in 16 markets and 10 states. [20] [21]
More recently, a major Florida builder called Metro Home Builders Inc. filed for bankruptcy this summer. When it closed its doors, it left some 60 houses in various stages of construction.
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