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Tides’ original investors may be wiped out by preferred equity dealTides’ original investors may be wiped out by preferred equity dealGlossier founder is buyer of $22M Brooklyn townhouseGlossier founder is buyer of $22M Brooklyn townhouseLA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splitsLandlords to Rent Board: The Bronx will burn againLandlords to Rent Board: The Bronx will burn again
South Florida

Home inventory down, Broward to renovate buildings for hurricane safety … and more

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1. South Florida home inventory down but still higher than average [SFBJ]
2. Housing starts falling in Palm Beach County, Treasure Coast [Palm Beach Post]
3. State Supreme Court knocks down proposal for property tax cap [AP via FAR]
4. Renovations underway at Lauderhill apartments [Sun-Sentinel]
5. South Florida residents tell state representatives to reform condo laws [AP via FAR]
6. Broward will use FEMA grant to renovate buildings to withstand hurricanes [Miami Herald]
7. Fourth-quarter loss shrinks for Great Florida Bank [SFBJ]
8. First Southern Bank receives $11 million in TARP money [SFBJ]
9. U.S. property owners lost $3.3 trillion in home value [Bloomberg]
10. Pending home resales rise, prices and rates drop [Bloomberg]
11. Obama foreclosure plan may back rewritten loans [Bloomberg]
12. CMBS loans at higher risk of default [Bloomberg]
13. Foreclosures dominate home sales in many markets [CNN Money]
14. Lehman Brothers’ debt has shrunk by two-thirds [Bloomberg]