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Arbor modifies $1.9B in loans as delinquencies keep risingArbor modifies $1.9B in loans as delinquencies keep risingWhole new world: How NYC values 421a, 485x sites nowWhole new world: How NYC values 421a, 485x sites nowBrickell office slump? Nearly 3M sf planned, zero preleasedBrickell office slump? Nearly 3M sf planned, zero preleasedFriend or foe? Here’s what the new tax break means for office-to-resi conversionsFriend or foe? Here’s what the new tax break means for office-to-resi conversions
South Florida

Buyer of $6.75M Palm Island mansion never visited before closing, the case for settling on a fixer-upper … and more

1. Buyer of Scott Storch’s $6.75M Palm Island mansion never visited before closing the sale [Miami Herald]
2. REITs rally going into weekend as General Growth returns to NYSE [Forbes]
3. The case for settling on a fixer-upper home [Miami Herald]
4. Many of Florida’s newly-affordable homes are hard-to-close short sales [CNM News Network]
5. Andrew Farkas acquires commercial mortgage servicer Centerline [WSJ]
6. April 30 homebuyer tax credit deadline looms for buyers [Miami Herald]
7. Harney: Watch out for developer’s transfer fees [Washington Post]

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8. Could a foreign property tax repeal save commercial real estate? [Fortune via CNN Money]
9. Robert Shiller on the theory of government-subsidized housing finance [NYT]

10. Three steps to a housing price recovery [Post]