Struggling College Gives Bondholders Rights to President's House
The provision was included as part of a forbearance agreement that the college reached this month with UMB Bank, the trustee for bondholders, according to a regulatory filing. The five-bed, 3 1/2-bath residence, which is similar to others in the neighborhood, is worth an estimated $682,000, according to Zillow.
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Yahoo
an hour ago
- Yahoo
Is Opendoor's AI-Driven Cash Offer Model Still Competitive?
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New York Post
4 hours ago
- New York Post
America's wealthiest neighborhood is probably not where you'd expect it to be
Move over, Beverly Hills – there's a new neighborhood taking the crown as America's most expensive. Gables Estates, a small gated community located in Coral Gables, Florida, has now taken Zillow's top spot for the United States' most expensive neighborhood, based on home value data over the last 12 months. Advertisement The neighborhood now tops Beverly Hills, California, long regarded as the pinnacle ZIP code of wealth. 'What makes Gables Estates unique is its privacy, sophistication, and livability, which Beverly Hills doesn't fully offer,' Coral Gables-based CEO and co-founder of Vertical Developments, Fernando de Nunez y Lugones, told Fox News Digital. 'Unlike Beverly Hills, which is known mostly for its name and history, Gables Estates is about the lifestyle and the experience, and that consistently draws ultra-high-net-worth buyers.' Seven of the 10 priciest neighborhoods are located in the Sunshine State, while the remaining three are in California. 'This is a long-term trend, not a blip,' Lugones said. 'I remember reading last year that Coral Gables actually beat Beverly Hills, and it makes sense. Buyers and businesses are relocating here for lifestyle, taxes and the overall environment. South Florida is increasingly becoming known as Wall Street South, and Coral Gables stands out for its walkability, amenities, and culture. Markets may fluctuate, but the appeal of space, security, and community remains strong.' Advertisement Zillow's home value index is 'designed to capture the value of a typical property across the nation or the neighborhood,' its website states, by using metrics such as sales transactions, tax assessments, public records, square footage, and location. 5 Gables Estates, a small gated community located in Coral Gables, Florida, has now taken Zillow's top spot for the United States' most expensive neighborhood, according to reports. LightRocket via Getty Images The greater Miami area has experienced an influx of wealth migrating in the post-COVID era. Between 2017 and 2022, more than $14 billion in income flocked to Florida, with more than $9.2 billion going to Palm Beach, Broward, and Miami-Dade counties. Advertisement Additionally, Henley & Partners World's Wealthiest Cities Report for 2025 found that both West Palm Beach and Miami surpassed New York City as the world's fastest-growing wealth hubs. West Palm saw a 112% increase in millionaire growth over the last decade, while Miami saw a 94% increase. Gables Estates is an exclusive waterfront community that features luxurious mansions, lush landscaping, and a canal system that connects directly to Biscayne Bay. The neighborhood began development in the 1920s, and now includes an estimated 160 to 180 properties. Advertisement 5 'What makes Gables Estates unique is its privacy, sophistication, and livability, which Beverly Hills doesn't fully offer,' Coral Gables-based CEO and co-founder of Vertical Developments, Fernando de Nunez y Lugones, said. Bloomberg via Getty Images 'We expect even more interest from ultra-luxury buyers looking to move to Coral Gables and the broader Miami area. As more buyers settle here, the neighborhood's reputation as a world-class enclave will only continue to grow,' Lugones noted. Its residents enjoy high-level security with 24/7 armed guards on land and water. Entry into the community means paying a $100,000 non-refundable application fee to the larger Gables Estates Club. Zillow notes that home listing prices often exceed $21 million. 'Coral Gables is naturally self-limiting since there's only so much prime land, which helps protect against overexposure,' Lugones pointed out. 'At the same time, its prestige and careful development standards allow it to handle national attention without compromising lifestyle or value. As long as growth remains measured, Coral Gables can sustain its momentum for decades.' 5 Gables Estates is an exclusive waterfront community that features luxurious mansions, lush landscaping, and a canal system that connects directly to Biscayne Bay, according to reports. Universal Images Group via Getty Images 5 Entry into the community means paying a $100,000 non-refundable application fee to the larger Gables Estates Club. Carlos Barrios America's top 10 most expensive and least expensive neighborhoods can be found below: Most expensive neighborhoods in the U.S.: Advertisement 1. Gables Estates, Coral Gables, FL 2. Port Royal, Naples, FL 3. Old Cutler Bay, Coral Gables, FL 4. Beverly Hills Gateway, Beverly Hills, CA Advertisement 5. The Flats, Beverly Hills, CA 5 'We expect even more interest from ultra-luxury buyers looking to move to Coral Gables and the broader Miami area. As more buyers settle here, the neighborhood's reputation as a world-class enclave will only continue to grow,' Lugones noted. REUTERS 6. Shady Canyon, Irvine, CA 7. San Marino Island, Miami Beach, FL Advertisement 8. Bear's Club, Jupiter, FL 9. Palm Island, Miami Beach, FL 10. Rivo Alto Island, Miami Beach, FL Advertisement On Zillow's list, the least expensive neighborhood is Bullard Hill in Jackson, Mississippi, with an average home value of $24,026. Other neighborhoods include two in Shreveport, Louisiana; three in Flint, Michigan; and three in Jackson, Mississippi.
Yahoo
10 hours ago
- Yahoo
Best Real Estate Agent in El Dorado Hills
Buyers and sellers in El Dorado Hills want an agent who knows the neighborhoods, reads the market, and can deliver clean deals. That's why so many turn to Mela Fratarcangeli, founder of ONYX Real Estate as the best real estate agent in El Dorado Hills, CA. With a 5‑star review record and a long track of closed sales across El Dorado Hills and nearby communities, Mela has built a reputation for straight answers and steady results. Shop Top Mortgage Rates Personalized rates in minutes A quicker path to financial freedom Your Path to Homeownership Whether it's a golf‑course home in Serrano, a newer build in Blackstone, or land in the foothills. EL DORADO HILLS, CA / / August 19, 2025 / Mela Fratarcangeli Shows Why She's the Top Agent In the past 12 months alone, Mela's team has closed roughly 30 sales, adding to a career total of more than 538 transactions, all backed by a perfect 5.0 rating from 77 client reviews on Zillow, 156 5-star reviews on Google, and 53 reviews on FastExpert. Mela Fratarcangeli and the agents of Onyx Real Estate have 40+ years of combined experience and, together, have sold 600+ homes. Those numbers represent families moving into dream homes and sellers getting top-market offers, and landowners seeing deals through without surprises. Her recognition includes Top 1% Chairman's Circle, Top 1,000 RealTrends California, and EDCAR Top Achievers (Lifetime Member), highlighting why Mela is the top real estate agent in El Dorado Hills, CA. Her track record spans the full spectrum: $295,000 land in Placerville, $1.3M homes in El Dorado Hills, and transactions from $50,000 to $2.4M, with an average price near $745,000. That means whether you're selling a hillside estate or buying your first home, she's navigated that exact scenario before. With 22 years of experience, Mela is still hands-on. Personally advising on pricing strategy, overseeing listing prep, and negotiating every step until the ink is dry. Her sales stretch across El Dorado Hills, Folsom, Cameron Park, and Placerville, giving clients a clear edge: local expertise paired with a proven ability to get results in any market condition. Thinking of buying or selling a home in El Dorado Hills, CA and need local expertise? Call Mela today on (916) 792-7362. Why Is the El Dorado Hills Market So Popular? El Dorado Hills pairs Sierra‑foothill scenery with solid fundamentals: in June 2025 the median sale price hovered around $995,000, with homes selling in roughly 22 days. Commuters like the easy run to Sacramento (about 30 miles), while on weekends go to Folsom Lake State Recreation Area and neighborhood parks. "Families come for the schools and space, and stay for the community-the trails, Town Center, and that easy access to the lake," said Mela Fratarcangeli. How Buyers and Sellers Pick the Best Agent The checklist is simple: a track record you can verify, a plan for your price point, and reviews that sound like real people. Mela's clients tend to underline the same themes about her team: communication, speed, and smooth closings: "Mela and staff provide world-class service." (Zillow) "We were impressed at how quickly it sold." (Zillow) "Without Mela, we would never have found our dream home." (Zillow) That pattern mirrors the sales data: consistent production year‑over‑year, across starter homes, move‑ups, and luxury listings. If you're interviewing agents, pull the public stats, read a few recent reviews, and ask for a tactical plan, photos, pricing, timing, and outreach suited to your street and style. About Mela Fratarcangeli and ONYX Real Estate ONYX Real Estate serves El Dorado Hills and the greater Sacramento region from its office at 3941 Park Dr., Suite 30, El Dorado Hills. Founded by Mela Fratarcangeli, ONYX pairs neighborhood expertise with full‑service representation: listing prep, smart marketing, and contract‑to‑close guidance. ONYX operates with modern tools and local partnerships; the focus is clear: precise pricing, thoughtful presentation, and negotiation that protects client goals. For info or a consultation, visit onyx‑ or call (916) 792-7362. SOURCE: Onyx Real Estate View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
