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South Florida

Palm Beach County gave Madoff tax rebate, commercial real estate lending standards loosen … and more

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1. Palm Beach County gave Bernard Madoff a $13,821.74 tax rebate this year [NYDN]
2. JW Marriott Marquis hotel being developed in downtown Miami [Hotel Online]
3. Palm Beach County commissioners holding public hearing on proposed tax hike tonight [Palm Beach Post]
4. Mortgage firms added jobs in July, but not for brokers [National Mortgage News]
5. Commercial real estate lending standards loosen, federal report shows [NU Wire Investor]
6. Coldwell Banker wants to create Youtube channel for home sale videos [Realtor Magazine]
7. Whole classes of borrowers frozen out of the market by new loan rules [Washington Post]
8. REITs raise money for distressed asset investments [Housing Wire]
9. Congress did not act quickly enough to save Fannie and Freddie, former regulator says [CNBC]
10. Troubled assets still risky for small banks [National Real Estate Investor]
11. Institutional investors under scrutiny as high-profile loans default [National Real Estate Investor]
12. Condo purchases now involve extra steps [Realtor Magazine]