Florida State Government and Public Real Estate News

More than 500 consumers will receive approximately $500,000 in restitution under a settlement agreement between Attorney General Pam Bondi and several Florida metal building companies. This week, the Attorney General’s Office reached an Assurance of Voluntary Compliance with U.S. Metal Buildings Corp., U.S. Building Systems Corp. d/b/a U.S. Buildings; International Buildings, LLC; and their principals.
The Commercial Industrial Association of South Florida (CIASF) honored CBRE with three awards at its first-ever awards program, held at Douglas Entrance in Coral Gables on March 19, 2015. The non-profit trade group honored several of South Florida’s top performers with awards, including
Feldman Equities LLC and Tower Realty Partners announced today that they have reacquired an equity position in Wells Fargo Center a 22-story, 390,000 square foot office tower located in downtown Tampa. The groups’ ownership interest is a joint venture partnership with an institutional investor that purchased the building late last year
Miami single-family home sales registered double-digit growth in February, and all residential median sale prices continued their more than three years of gains, according to a new report by the 35,000-member MIAMI Association of REALTORS® (MIAMI) and the local Multiple Listing Service (MLS) system.
The Sadowski Housing Coalition today applauded the Senate Appropriations Subcommittee on Transportation, Tourism, and Economic Development for including full funding for the State Housing Initiatives Partnership (SHIP) Program and State Apartment Incentive Loan (SAIL) Program in their Fiscal Year 2015-16 budget proposal. Specifically, the subcommittee’s budget proposal recommends that $153.6 million is allocated to SHIP, which includes $4 million to provide services to homeless persons, and $102.4 million is allocated to SAIL.
Attorney General Pam Bondi’s Medicaid Fraud Control Unit announced the arrests of four individuals for allegedly recruiting the homeless to bilk Medicaid out of at least $215,000. According to the investigation, Christina Benson, owner of Tranquility Healthcare Solutions in Orlando, billed Medicaid for services for homeless men and women who were recruited by her associates to pose as patients.
The Department of Financial Services’ Division of State Fire Marshal today announced the arrest of a Broward County man in connection with a series of fire alarm control panel thefts in Broward County. Michael Moser allegedly stole alarm panels from several condominium and apartment complexes, leaving residents without life-saving fire alarm notification systems in the event of a fire
CBRE Senior Associate Larry Genet was named “Rookie of the Year” at the 2015 NAIOP South Florida Awards of Excellence ceremony, held in Fort Lauderdale on March 12, 2015. NAIOP South Florida is the premier commercial real estate development organization in the South Florida area
CBRE Capital Markets’ Debt & Structured Finance team originated $19 million in financing for the acquisition of Monterrey Apartments, a 243-unit garden-style apartment community situated on more than 23 acres at 1001 Center Road in Venice, Florida
Congresswoman Frederica Wilson (FL-24) issued the following statement on the 50th anniversary of the historic Selma to Montgomery march that took place on March 7, 1965. “The historic march from Selma to Montgomery was a pivotal moment in the Civil Rights Movement that led to the passage of the landmark Voting Rights Act that same year.
John Keppler’s last memory of his father was drinking a Guiness with him on St. Patrick’s Day at the Golden Lion Cafe in Flagler Beach in 2002. Four days later, his father, John Keppler, a volunteer firefighter for Flagler County, died in the line of duty at age 54.
The Florida Department of Financial Services today announced the recent arrest of former title agent Lana Dargai of Estero for stealing more than $705,000 in client funds intended for real estate transactions. As a result of her fraudulent actions, the underwriter for the funds was forced to cover the losses.
The Lake County Solid Waste Division is encouraging Lake County residents to dispose of toxic materials in a safe and environmentally sensitive way at an upcoming Household Hazardous Waste Collection event. The County’s Household Hazardous Waste Mobile Unit will be on site from 9 a.m. – noon on Thursday, March 19 at Wooton Park parking lot, located at 100 E. Ruby St., Tavares.
The Central Florida Expressway Authority today announced that its portions of the Wekiva Parkway project, which will complete the beltway around Metro-Orlando, have been approved for a federal loan under the Transportation Infrastructure Finance and Innovation Act (TIFIA) Program. This additional funding resource will allow CFX to move up the schedule of construction by as much as 18 months. It could also potentially save over $260 million in bond interest payments.
The Florida Department of Financial Services’ Division of State Fire Marshal today announced the arrests of four Florida teenagers for arson following a January 2015 house fire in Molino, Florida. An investigation found multiple points inside and outside the home where a fire was set. Evidence also suggests that Molotov cocktails made using materials found in the home started the fire
Attorney General Pam Bondi Announces New Procedures Banks Must Follow to Help Distressed Homeowners Seeking Relief Under National Mortgage Settlement

~The Banks Are Implementing New Procedures to Reduce Loan Modification Delays, Improve Communication with Borrowers, and Avoid Multiple Requests for Documents~

TALLAHASSEE, FL – October 2, 2013 – (RealEstateRama) — Attorney General Pam Bondi, along with her colleagues on the National Mortgage Settlement Monitoring Committee, today announced that Bank of America and Wells Fargo have agreed to implement new procedures designed to address possible violations of the national mortgage servicing settlement. These improvements come in response to concerns expressed by Attorney General Pam Bondi earlier this year, which were based upon complaints from distressed borrowers, housing counselors, legal aid groups, and foreclosure defense lawyers that the banks were falling short of meeting the servicing standard requirements set forth in the National Mortgage Servicing Settlement. ALLRMC.COM more »

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