Real Estate Finance Headlines: October 2009

Saturday, October 31, 2009

Hands-Free Parallel Parking

You think Halloween goblins are scary? Stacey Delo tries parallel parking without touching the steering wheel in hilly San Francisco. http://bit.ly/3D3we8

Turnberry told to pay $6M to Fairmont

The Soffer family's Turnberry Isle resort must pay $6 million to the hotel's operator -- fees held back over allegations of mismanagement at the money-losing luxury resort in Aventura. http://bit.ly/4uWWax

Friday, October 30, 2009

Four-year sentence in Medicare fraud

A Miami man arrested in June on charges he laundered money in a scheme to defraud Medicare was sentenced on Friday to four years behind bars.

http://bit.ly/ieXKD

The next wave of foreclosures

Letter to the Editor

http://bit.ly/tcfP4

Tarlton resigns from Broward Alliance

James “JT” Tarlton is resigning from the Broward Alliance after seven years as its president and CEO.

http://bit.ly/3xB6v4

Low prices not helping housing

Commentary: Find a cure for consumer 'paralysis'

http://bit.ly/1orU8p

Mercantil Commercebank losses deepen

The losses widened at Mercantil Commercebank in the third quarter as it logged charges from problem loans.

http://bit.ly/2gvBHm

New boutiques at Toys “R” Us

Toys “R” Us Inc. will debut new FAO Schwarz-branded toy boutiques on Nov. 1 at all of its 585 stores nationwide.

http://bit.ly/3u6qF8

Liberty PT closes 82,000sf in deals

Top Story:

Regional top story

Not a market report

BOCA RATON - Liberty Property Trust completed 10 lease and renewal agreements totaling more than 82,000sf of office, flex and warehouse space during the third quarter of 2009.

During the quarter, Liberty gained six new tenants with leases totaling 42,269sf. In addition, approximately 39,883sf of space was renewed.

http://bit.ly/1HeUp9

Forbes: S. Fla. at bottom of safest city list

The Miami-Fort Lauderdale metro area ranked dead last on Forbes list of the safest largest cities in the U.S.

http://bit.ly/351fjW

Buyer beware: Some health coverage bogus

A number of dubious operators over-promise coverage to uninsured people seeking affordable healthcare. http://bit.ly/2GgGdU

Top cameras: Through a real estate lens

Wheel Estate Cam, Episode 1

http://bit.ly/2658jM

More bosses give 4-day Thanksgiving weekend

Don't expect a frozen turkey from your boss, but you are more likely to get a four-day weekend this Thanksgiving.

http://bit.ly/CeNGm

Charitable giving lowest in half a century

The recession has caused the biggest drop in charitable giving in the last 50 years, according to Charity Navigator.

http://bit.ly/3KMqgK

Regent Bank grows loans 10% in Q3

Regent Bank made good use of its TARP money in the third quarter by increasing the size of its loan portfolio by nearly 10 percent.

http://bit.ly/3SpzWv

Detroit Casinos Fare Well in Slump

The city's unemployment rate is 29%, but gaming revenue at its three casinos has been off only 2% from a year ago so far this year. Atlantic City's gaming revenue has fallen 14%, and the Las Vegas Strip is down 14%. http://bit.ly/1ntnYb

Detroit Casinos Fare Well in Slump

Loan mod 'insanity'

Inept practices undermine housing recovery

http://bit.ly/4aOw6v

Thursday, October 29, 2009

Local food makes a name on store shelf

Jessie Capote's father started growing boniato, or the Cuban sweet potato, on five acres of land off Krome Avenue in Homestead more than 40 years ago. Around the same time, a few miles west, Lynn Chaffin's father-in-law began his own farm of vine-ripened tomatoes. http://bit.ly/YcJNc