The Real Deal Miami

Failed banks’ loan packages draw bids by the dozen, Colonial Properties Trust sells Winter Haven shopping center for $20.7M … and more

December 22, 2009 05:19PM

1. New O1 nightclub opening Saturday at Miami’s Nikki Beach [Urban Daddy]

2. Colonial Properties Trust sells Winter Haven shopping center for $20.7M [GlobeSt]

3. Hotel rates better but still weak, Smith Travel research says [SFBJ]
4. Housing starts report spurs extended stocks rally [AP via WCBSTV]
5. Olick: If investors are beating out prospective residents with all-cash purchases for REOs, what will they do with those unoccupied homes? [CNBC]
6. Failed banks’ loan packages draw bids by the dozen [WSJ]
7. As banks raise capital to repay TARP funds, they reap big returns for themselves in fees [NYT]
8. General Growth gets approval from court on restructuring plan of $11.6B worth of loans [Bloomberg]
9. What to do if your landlord won’t repay your security deposit [NYT]
10. Builder Neal Communities sees surge in Florida contracts in November [Housing Wire]

11. Tenants should play hardball with landlords, Studley says [GlobeSt]

12. Prime mortgage meltdown could be imminent, analysts say [Seeking Alpha]
13. Obama encourages lending among small banks [Fox Business]
14. Commercial real estate demand should rebound by summer 2010, Barclays says [Housing Wire]