MIAMI-The National Association of Securities Dealers threatens to delist the locally based homebuilder from trading over the counter across the bulletin board because the company can't meet an SEC annual report-filing deadline. Atlantic Gulf lost $10.1 million for the nine months ended Sept. 30, 2000.
MIAMI BEACH, FL-The city commission confirms the Miami development company as its first choice to build the planned 170,000-sf project in the community of North Beach in this city, five miles east of Downtown Miami.
FORT LAUDERDALE, FL-Mid-America Management Corp. puts industrial-warehouse site on the market for about $5.75 million when the web press manufacturer vacates five-acre site.
JUNO BEACH, FL-The locally based energy holding company estimates it expects to add more than 9,500 megawatts of power plant production to its portfolio by the end of 2003. Juno Beach is 77 miles north of Miami.
MIAMI, FL-Alternative Lending Group originated about $26 million in mortgages during March, the company's highest monthly loan origination volume to date.
WEST PALM BEACH, FL-Metropolitan Mortgage & Securities Co. of Spokane, WA sells the servicing rights on about 31,000 mortgages to locally based Ocwen Financial Corp. for an undisclosed sum. West Palm Beach is 67 miles north of Miami.
SARASOTA, FL-The locally based developer-operator of wireless communications towers accrues $19.5 million in nonrecurring charges on a decision to halt acquisition or construction on certain tower assets and the costs from an SEC investigation. Sarasota is 170 miles northwest of Miami.
WEST PALM BEACH, FL-Lehman Brothers will lead a syndicate of underwriters at the May 1 sale of $79 million in municipal revenue bonds earmarked for the project's construction. West Palm Beach is 90 miles north of Miami.
FORT LAUDERDALE, FL-The deal would create First American Capital Markets Group Inc. as a subsidiary to manage secondary mortgage marketing operations for First United MortgageBancInc., a subsidiary itself of Clearwater, FL-based CFI Mortgage. Fort Lauderdale is 26 miles north of Miami.
MIAMI-William T. Wassey, former president of Codina Real Estate Management and a professional for 25 years, is Ellis's new director of asset services. He managed a commercial portfolio of 10 million sf at Codina.