The Real Deal Miami

Lakeland real estate title agent pleads no contest to $660,000 theft … and more

January 05, 2010 07:01PM

1. Lincoln Road is booming in Miami [WWD]
2. Lakeland real estate title agent pleads no contest to $660,000 theft [The Ledger]
3. Bad Chinese drywall has left tens of thousands of homeowners out of options [New Times]
4. A federal judge approves a settlement in Sugar Corp. lawsuit [SFBJ]
5. Legacy Bank of Florida could seize the Town Square office building in downtown Delray Beach [SFBJ]
6. Nationwide spending on new home construction fell 1.6 percent in November [Inman News]
7. Owner of Fontainebleau Las Vegas wants another extension of the exclusive right to plan its bankruptcy under Chapter 11 [Miami Herald]
8. Federal bank regulators urging Sun American Bank of Boca Raton to find a buyer or merge with another institution [Sun Sentinel]
9. WSG’s Prism Condominium may be hit with a $27 million foreclosure [SFBJ]
10. Miami Dolphins seek taxpayer funds for stadium fixes [Miami Herald]
11. CB Richard Ellis investment arm snatches up two Miami-area offices for $43 million [SFBJ] 
12. Florida Power & Light parent company accused of taking tax breaks without passing savings on to customers [Miami Herald]
13. REITs now hoping to gain back individual investors [WSJ]
14. Regional mall vacancies climb as unemployment deepens [Bloomberg]
15. Investors ambivalent on hotel-based REITs [WSJ]

16. Delinquency rate on CMBS surpasses 6 percent for first time ever [Reuters]

17. Macy’s will shutter five stores nationwide [WWD]
18. Federal economist identifies several reasons why housing could be a lousy investment [WSJ]
19. More details emerge on Ivanka Trump and Jared Kushner’s honeymoon vacation [Guest of a Guest]