Feb
08
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“The man behind one of the largest real estate frauds in Florida has recently turned FBI informant and could implicate dozens of others in a massive property flipping scheme.

The role of Sarasota real estate broker Craig Adams was revealed by the Sarasota Herald-Tribune as part of their ongoing investigation of mortgage fraud…”

via Sarasota: Mortgage Fraud Capital of America? | WUSF.

Feb
08
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“The pending foreclosure of a large chunk of Edina’s Pentagon Park — the first office park built in the Twin Cities — is just the tip of the iceberg for its owner, Maciek (M.G.) Kaminski…”

via Troubles mount for office park owner | StarTribune.com.

Feb
08
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“It’s no secret that new construction, the lifeblood of Florida’s economy, has all but ground to a halt. But the tumbleweeds at local government zoning meetings across the region, such as the one in Hillsborough, are a gloomy harbinger.

They show that people aren’t even taking the first steps necessary to begin construction once the economy turns around…”

Little entering building pipeline in Tampa Bay region – St. Petersburg Times.

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