Bankrupt South Beach condo conversion draws 19 bidders … and more

1. 19 bidders compete for spots at bankrupt South Beach condo conversion [Real Estate Channel]
2. Biscayne Landing development to be sold at public auction after losing $38.3 foreclosure suit[SFBJ]
3. The worst is over for hotels, PFK research shows [National Real Estate Investor]
4. Citigroup reportedly negotiating to sell global real estate investment unit [Bloomberg via BusinessWeek]
5. Largest off-site airport parking operator in country files for Chapter 11 [Reuters]

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6. Should you hire an engineer to inspect your potential new home? [NYDN]