FRIDAY, SEPTEMBER 10, 2010 LAW | REAL ESTATE | FINANCE DailyBusinessReview.com $2.00 DAILY BUSINESS REVIEW A private property tax consulting firm 25% contingent fee Dade Propert y T ax Advis or , LLC Eric Copeland, Esq. Karina Manso, Esq. BROWARD VOL. 51, NO. 190 EXBOLLYWOOD ACTRESS IN PLANTATION HELPING VICTIMS OF ABUSE PAGE A6 LEGAL REVIEW PANEL SUSPENDS STEM CELL RULING A federal appeals court permitted federal funding of stem cell research to proceed temporarily until the court rules on the merits of the government’s position. A2 GUN DEALER TRIES TO KEEP SUIT ALIVE A decision by an appeals court over a sheet of paper will determine whether a gun dealer’s defamation suit against New York Mayor Michael Bloomberg can proceed. A3 REAL ESTATE REVIEW EXHEAT PLAYER GETS $2M FOR HOME Former Miami Heat player Tim Hardaway has sold his Pinecrest home for nearly $2 million to a company controlled by the basketball team’s ownership. A10 FINANCIAL REVIEW BURGER KING TO GET A BRAZILIAN CEO The investment firm buying Burger King, 3G Capital, has named former Latin American railroad executive Bernardo Hees to be chief executive of the Miami- based fast-food chain. A11 PNC, U.S. BANCORP EYEING TARGETS Regional banks are the new acquisition players, with huge competitors Bank of America, JPMorgan Chase and Wells Fargo forced by regulators to sit on the sidelines. A11 EXPERTS DOWNPLAY GREENE’S ODDS OF WINNING LIBEL SUIT FIRST AMENDMENT Press is well-protected when it comes to public figures by Jose Pagliery, DBR. Several South Florida attorneys with First Amendment expertise agree chances are slim that billionaire Jeff Greene will find success suing two newspapers he blames for derailing his U.S. Senate cam- paign. They say the odds are stacked against him based on vast protec- tions afforded to journalists by the U.S. Supreme Court. Greene, who accuses the St. Petersburg Times and the Miami Herald of orchestrating a campaign to destroy him, must prove the newspapers knowingly reported lies and staff members had a reckless disregard for the truth. It’s a standard many vet- eran First Amendment lawyers consider insurmountable. It will be up to Atlanta attorney Lin Wood and Miami’s Stanley Wakshlag to prove otherwise. SEE STORY, PAGE A3 ECONOMIC OUTLOOK Survey: Some companies spending cash by Mike Seemuth, Special to DBR. Some South Florida busi- nesses are boosting investment in equipment and facilities, but many others will keep con- serving cash. An infor- mal survey of 20 com- panies in the region shows that three-quarters put more cash into capital spending in the first half of 2010 than the same period a year earlier. Among the 20 companies sur- veyed, 12 had more cash at the end of June than a year earlier, and one reported virtually no change over the year. SEE COLUMN, PAGE A20 REAL ESTATE Resort at Pembroke Pines sold INDEX INSIDE Should you have delivery questions, call 1.877.256.2472 LEGAL REVIEW A3 REAL ESTATE REVIEW A7 FINANCIAL REVIEW A11 ON REAL ESTATE A10 TROPICAL TRANSFERS A8 MARKET WATCH A14 LAW JOBS A16 BUSINESS SERVICES A13 LEGAL PRACTICES A6 LEGAL SERVICES A5 REAL ESTATE MARKETPLACE A20 At $193M, multifamily sale in Broward is S. Fla’ s largest by Polyana da Costa, DBR. A large Pembroke Pines apartment complex has sold for an estimated $193 mil- lion, the priciest multifamily deal in three years. A fund controlled by CB Richard Ellis Investors paid about $127,000 per unit for the 1,520-unit Resort at Pembroke Pines. The seller is a partnership be- tween a California teachers pen- sion fund and the Chicago-based investment and management firm Heitman. The CBRE fund assumed a $120 million floating-rate mortgage from Fannie Mae as part of the deal. SEE STORY, PAGE A7 TROPICAL TRANSFERS A 3,206-square-foot home buiilt in 1962 at 150 Island Drive, Key Biscayne, was bought for $2.5 million. A8 STEVE MITCHELL/THE ASSOCIATED PRESS Jeff Greene sued two Florida newspapers for libel following his Senate primary loss. BLOOMBERG NEWS MELANIE BELL A fund controlled by CB Richard Ellis Investors paid about $127,000 per unit.