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South Florida

Foreclosures remain steady in South Florida commercial market at the end of year … and more

1. Foreclosures remain steady in the South Florida commercial market at the end of the year [SFBJ]

2. New York lender iStar Tara brings $37.5M foreclosure suit against Miami Green Tower 1 [SFBJ]

3. Merrill-Stevens Dry Dock nearly shut down in Miami [Miami Herald]

4. Melo Development purchases 50 units in Miami’s Biscayne Boulevard Corridor at 12 percent discount [Condo Vultures]

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5. Regions Bank sues Cypress Bay Development over unfinished residential project in Miami Beach [SFBJ]

6. A contract to sell 10 acres of parking lots near the Miami Herald headquarters set to expire today [Miami Herald]

7. Lauderdale-by-the-Sea may experience property auctions following a $3.9M foreclosure settlement [SFBJ]

8. Fort Lauderdale hoteliers hope for higher room rates in 2010 [Hotel Online]