Gulf Harbour club members take over, shine in south Fort Myers Nov 20, 2009
Having club members assume control of the facility from developer WCI Communities Inc. was key, according to Caroselli. That was accomplished by purchasing club memberships owned by WCI for $1 million in 2008, giving residents control for the first time. (The News-Press -- Business)
WCI sells Singer Island resort interests Nov 6, 2009
Bonita Springs-based WCI Communities emerged from Chapter 11 bankruptcy earlier in the year. Peter Zalewski, managing principal of , said the location of the resort on Singer Island likely helped drive the deal. (South Florida Business Journal, FL)
Watts to lead CU Real Estate Center Nov 4, 2009
Watts has served in senior management for development companies Bonita Bay Group, Collier Enterprises, WCI Communities, and Westinghouse Communities in California, Arizona and Florida, and has taught at the University of Arizona s School of Renewable Natural Resources, CU said. She holds a bachelor s degree from Goucher College and a master of landscape architecture degree from the University of Illinois. (Denver Business Journal, CO)
Real estate briefs: Fort Myers architect nationally accredited Oct 29, 2009
Byal also held the position as division president for WCI Communities in St. Augustine. Most recently Byal was senior vice president for The Related Group in Miami, where he was involved with business development and project management. (The News-Press -- Business)
WCI Communities Comes out of Chapter 11 Sep 4, 2009
Homebuilder WCI Communities Inc. said Thursday it has emerged from Chapter 11 bankruptcy protection. The company said it was now a private company and had eliminated more than $2 billion in debt and liabilities. (ABC News -- Wire)
Builders Face Up to Drywall Liabilities Sep 3, 2009
Another Florida-based developer WCI communities, which is set to emerge from Chapter 11 bankruptcy, will face an estimated 160 potential cases. D.R. Horton Inc., Beazer Homes USA Inc., and Ryland Group Inc., all have announced very small numbers of affected homes. (Realtor Magazine Online)
Maryland hotelier to buy Resort at Singer Island from WCI Aug 29, 2009
When Bonita Springs-based WCI Communities opened the $210 million oceanfront resort in 2007, it touted the property as a posh alternative to high-end hotels in Palm Beach. Photo by Steve Mitchell. (The Palm Beach Post)
A superstar real estate agent plots his comeback Aug 1, 2009
6 million for 51 oceanfront, condo-hotel units in the One Bal Harbour complex from developer WCI Communities, which is reorganizing under bankruptcy protection ... 6 million for 51 oceanfront, condo-hotel units in the One Bal Harbour complex from developer WCI Communities, which is reorganizing under bankruptcy protection. (Fresno Bee -- Business)
Statement From Regent Hotels & Resorts About The Regent Bal Harbour Jun 23, 2009
MINNEAPOLIS, June 22 /PRNewswire/ -- Regent Hotels & Resorts today advised that its management of The Regent Bal Harbour Hotel will end effective today as the result of court actions related to the bankruptcy of the hotel owner, WCI Communities Inc. The United States Bankruptcy Court for the District of Delaware has approved the immediate sale of the Hotel by WCI Communities, Inc. to a new owner and the rejection of the existing management contract for the property. Regent Hotels & Resorts is... (PR Newswire)
More on the Chinese drywall controversy May 20, 2009
A federal bankruptcy court judge has granted a motion for homeowners in Parkland to file Chinese drywall-related claims against builder WCI Communities Inc. until the end of this month, effectively extending the claim deadline past the original Feb. 2 date. AP. (The Palm Beach Post)
Area condosales heat up May 7, 2009
The largest condo builder in Flagler County, WCI Communities, sold 27 units in 2008 among its Hammond Dunes projects, according to deed filings with the clerk of the court. WCI has already sold 14 units through the first four months of this year. (Daytona Beach News Journal)
Chinese Drywall Poses Potential Risks to Americans Apr 12, 2009
The subdivision's builder, WCI Communities, is in Chapter 11 bankruptcy restructuring and can do little more than log complaints, said spokeswoman Connie Boyd. The federal government does not regulate the chemical ingredients of imported drywall. (Fox News)
Intrinsic Value vs. Market Value Feb 19, 2009
Then there's WCI Communities, the luxury Florida homebuilder. After the company rebuffed Carl Icahn's $22-per-share takeout offer in 2007, the stock fell to $10. (MSNBC -- Business)
Depression? No, But Great Recession Yes Feb 13, 2009
Jonathan Pertchik, chief restructuring officer at WCI Communities, also said the ethanol industry as a burgeoning sector may provide some opportunities. 2009 Reuters. (Newsmax)
