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South Florida

State reconsiders Port of Miami Tunnel, Related Group makes bulk sale … and more

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1. Bank forecloses on Loxahatchee land [Palm Beach Post]
2. Projects in progress on Boca’s North Federal Highway [Boca Raton News]
3. State reconsiders Port of Miami tunnel project [Miami Herald]
4. Perrine mega-church finally ready to open [Miami Herald]
5. Miami 21 zoning plan approved [SFBJ] and [Miami Herald]
6. Kolter Homes wants to rezone Boca Raton land for commercial use [Boca Raton News]
7. Regulators reject plan for Miami River housing [Miami Herald]
8. Royal Palm hotel faces bankruptcy [Miami Herald]
9. Related Group sells 101 units in Bal Harbor [SFBJ]
10. New legal hurdle emerges for Everglades deal [Sun-Sentinel]
11. Citi reaches deal on home loans [AP via WABC]
12. New jobless claims drop, unemployment still rises [AP via CBS]
13. Job losses to continue this year [AP via CBS]
14. State systems struggle to keep up with unemployment claims [AP via CBS]
15. Grubb & Ellis co-founder dies [San Francisco Chronicle], Kojaian new Grubb chairman [GlobeSt]
16. Fixed mortgage rate falls to record low [Bloomberg]
17. Speculators dominate real estate sales [Bloomberg]
18. U.S. banks offer mortgages below 5 percent [Bloomberg]