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Gulf American Land Corporation (GALC) was a land development company in Florida founded by brothers Leonard and Jack Rosen. During the late 1950s and 1960s, GALC was the largest land sales company in the United States. [2] The company is noted for its role in the development of Cape Coral, and pioneering the sales method of installment land ...
Prior to this, it had been investigated by the federal government for two years for falsely inflating the prices of houses. In a plea agreement, GDC "agreed in principle" to make a restitution fund for those who bought homes between January 1, 1982 and December 31, 1989. [8] It would later file for Chapter 11 bankruptcy in April. [9]
The Cape Romano Dome House was a structure consisting of six dome-shaped modules on stilts, originally built on an islet located approximately 300 feet (91 m) offshore from Cape Romano Island, south of Marco Island, in the Ten Thousand Islands of Collier County, Florida. Cape Romano Dome house was built in 1982 by retired independent oil ...
A fresh analysis from second-home co-ownership marketplace Pacaso revealed which U.S. counties were the hottest markets for luxury vacation homes in 2024, based on increases in second-home ...
By RYAN GORMAN A Florida man won a foreclosed house at auction only to find a decaying corpse on the floor of the master bedroom. William Wilson bought the light pink ranch on a sleepy Cape Coral ...
Florida's economic decline predated the start of the Great Depression. Therefore, it had fewer resources and more debt "than other regions of the nation." Large amounts of local debt financing through bonds worsened the economic situation in the state with most of it coming from the years of the land boom.
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