The Real Deal Miami

Childhood home of alleged murderer Casey Anthony in foreclosure, Miami Beach bulk buyer marks up resale units by 40 percent … and more

February 24, 2010 10:20AM

1. Childhood home of alleged murderer Casey Anthony in foreclosure [Palm Beach Post]
2. Bulk buyer at Miami Beach Caribbean condo marks up resale units by 40 percent [Condo Vultures]
3. Lennar ends $1.1B credit facility with group of lenders [GlobeSt]
4. JaxPort selling 38 riverfront acres to Keystone Coal for $6.6M [GlobeSt]
5. A walkthrough of the upgraded Sheraton Fort Lauderdale Beach Hotel [Biz Bash]
6. SoBe club Mokai Lounge reopens tonight with a makeover [Urban Daddy]
7. Jack Studnicky: Banks’ fire sales of foreclosed Downtown Miami condos are ruining the market [Real Estate Channel]
8. Number of distressed U.S. banks hits 702 in fourth quarter [MarketWatch]
9. One quarter of U.S. homeowners underwater on mortgages at the end of the year: report [Inman News]

10. Senator McCain claims he was misled on bailout [AZ
Central]

11. Corcoran incorporates FourSquare into iPhone app [Agent Genius]
12. Survey: short sales see big jump in January [Calculated Risk]
13. Study shows a wave of foreclosures to hit nationwide housing market [Orange County Register]
14. Foreclosure process to get even slower [WSJ]
15. Why share commercial real estate data at all? [Agent Genius]
16. Lowe’s expects better year for real estate market in 2010 [CNN]
17. Bank of America reports increase in loan modifications under HAMP [American Banking News]
18. Although real estate looks risky, some investors see higher returns
[NYT]
19. Fannie Mae unveils its $1 billion Warehouse Lending Pilot [National Mortgage News]
20. Four more bank closures on Friday [American Banking
News]

21. Sears to close 21 stores around the country [USA Today]
22. Administration to add consumer protection to mortgage relief program [Sun-Sentinel]
23. Hotel occupancy rate down 50 percent nationwide [Real Estate Channel]
24. In General Growth bid, Brookfield emerges as Simon competitor [WSJ]
25. Where loan mods fail, could short sales work? [Blown Mortgage]