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- BASEBALL | FROM THE FRONT PAGE: The Big Pitch (The Charlotte Observer)
A plan to bring major-league baseball to uptown Charlotte could strike out quickly, unless the developer can prove -- by the end of March -- that he can raise more than half a billion dollars in private money. Real estate lawyer Jerry Reese said the Florida Marlins are interested in his plans for a 38,000-seat stadium in Second Ward. But local leaders say without assurance the money is there,
- Another firm flees South Florida (Miami Herald)
The Plantation wing of a Colorado company, saying it no longer can deal with the threat of hurricanes disrupting its business, has decided to blow out of South Florida.
- Houston firm buys office park near MIA (Miami Herald)
Hines, the Houston-based real estate company, now owns one of the largest office properties in South Florida. Hines' investment arm has completed its $157 million acquisition of the 45-acre office park Airport Corporate Center, the company announced Thursday.
- Notable exec faces drug charges (Miami Herald)
Philip Blumberg, former chairman of the Greater Miami Chamber of Commerce and head of one of the largest real-estate investment firms in South Florida, has been charged with possession of cocaine, marijuana and drug paraphernalia in Broward County.
- MeriStar Hospitality to Sell 10 Florida Assets (PR Newswire via Yahoo! Finance)
MeriStar Hospitality Corporation , one of the nation's largest hotel real estate investment trusts , today announced that it has signed a definitive agreement to sell a portfolio of nine hotels and a golf and tennis club, all located in Florida, to an affiliate of The Blackstone Group for approximately $367 million in cash, subject to certain adjustments and satisfaction of customary closing
- REAL ESTATE TRANSACTIONS (Bradenton Herald)
Real estate transactions recorded at the Manatee County Courthouse:
- Activists want real estate agents to alert buyers to neighborhood's sexual predators (Sun-Sentinel)
After 9-year-old Jessica Lunsford was kidnapped, raped and killed last year, elected officials throughout South Florida went into an ordinance-passing frenzy, restricting where sex offenders can and can't live in their communities.
- Florida business briefs (Miami Herald)
Profits at Ocean Bank, which has long ridden the wave of South Florida's real estate boom, surged 16 percent in 2005, the bank reported.
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