The Real Deal Miami

Scott Rothstein pleads guilty, Icahn wins approval for Fontainebleau Las Vegas purchase … and more

January 28, 2010 10:18AM

1. Scott Rothstein pleads guilty to $1.2B Ponzi scheme [Miami Herald]
2. Icahn wins approval for Fontainebleau Las Vegas purchase [Miami Herald]
3. Hotels put out aggressive Super Bowl weekend packages [Hotel Chatter]
4. Obama to announce more than $1B in stimulus funding for Florida high-speed rail [Miami Herald]
5. Jupiter Island marina hit with $2.3M final foreclosure judgment [Palm Beach Post, 2nd item]
6. Crist wants Chicago Cubs to move spring training to Naples in exchange for $15M in incentives [Miami Herald]

7. Closings begin at the Preserve at Boynton Beach’s second phase [Palm Beach Post, 3rd item]
8. Security firm Wackenhut breaks ground on new 63,000-square-foot office in Jupiter [WPBF]

9. Roubini forecasts continued slow U-shaped recovery during Davos panel [MarketWatch]
10. Private equity firm Apollo Management expects to do more distressed commercial real estate investments this year [Reuters]

11. Does our current mortgage system encourage predatory lending? [Rortybomb]
12. Current market conditions mean spring could come early this year for housing [WSJ]

13. The most over- and under-valued cities in America [CNN Money]