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Welcome to the Fairhomes Land Investor Information website. Please read the information carefully before using this site. By continuing on this site you acknowledge that you have read and agreed to the following: Forward Looking Statements – Statements prepared by Fairhomes Land and made on the Fairhomes Land Investor Information website that are not historical facts are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. For the purpose of establishing the Seller’s compliance with Federal Interstate Land Sale Full Disclosure Act 15 USC 1701 (“ILSA”) in the sale of lots to buyers, the enquirer confirms that they are a builder, investor or developer licensed to do business in the state of Florida and is engaged in a bona fide land sale business and is purchasing the property for the sole purpose of either constructing a residential home or selling the same in the normal course of its business. The enquirer further represents and warrants to the Seller that the enquirer is in the above referenced business sale of land sales and/or building residential homes and selling the same as an activity of continuity, regularity and permanency. The enquirer is a knowledgeable and sophisticated investor, developer or builder of real estate properties.
Tel: +1 (905) 415-9267 or +350 200 400 48

222 residential condominiums acquired

20th Dec, 2012back

296 The FCA Group announced today that it has acquired no less than 222 residential condos. This represents the great majority of the 291-unit Jasmine at Tamarac community in Tamarac, Florida. 


Jasmine at Tamarac was originally built 25 years ago ? back in 1987 ? as a multi-rental family community before undergoing a truly spectacular renovation and conversion program six years ago in 2006.  Offering spectacular views of the surrounding golf course of Colony West Country Club as well as a very tranquil waterway, the community is comprised of a mixture of one- and two-bedroom units together with a common area lounge, an exercise room, two pool facilities, and a theatre room.  The property is located about 20 minutes away by motor vehicle from both the Nova Southeastern University in Davie and Fort Lauderdale. 


"With this transaction we have applied our expertise to bring about a deal with full financing in a very short space of time and on favorable terms for all parties involved," says the chief executive officer of the FCA Group, Frank Espinosa.  "Jasmine provides the opportunity to continue building our Florida portfolio, which is rapidly approaching well over 1,000 units.  The historically high occupancy rate at Jasmine along with its enviable location makes this a very strong addition to the FCA portfolio in North America."


Jasmine brings the FCA Group's portfolio within the Miami region to 400 condos. It both owns and operates the condos, having purchased around 200 units two years ago, in 2010, at two nearby, similar properties: Heron Pond in Pembroke Pines and Crescent Cove in Coral Springs.  The FCA Group has also been very active in the Tampa market.

Between 1976 and 2006 the value of building plots in Florida rose from an average of $15,000 to $250,000

The Lincoln Institute of Land Policy