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Essential Rules Of Business Coaching
By Kris Koonar
The main objective of a business coach is to help other people improve their competence and proficiency while performing a specific task or a group of tasks through effective advice and guidance. Business coaching is not just about passing on the knowledge and insight you have to those in need, but also to bring out the best in your clients by recognizing their talents.

Just as with any other skill, business coaching also requires sufficient knowledge and practice to use it effectively. Apart from acquired skills, a business coach also needs personal skills for coaching. It is through this tool that a business coach can bring out significant improvement in the performance of their clients.

For all those who aspire to become good business coaches, there are some essential rules to bring an improvement in the lives of others.

Once you have been appointed as a business coach, it is essential to set expectations. Setting realistic expectations and achievable goals are very important to bring about change. You will further need to explain why these expectations and goals are desirable and how they can help both the organization and the individual.

Once you have set the expectations and helped decide on the goals it is time that you begin observing performance. Based on the performance of the individual as well as the organization, you may then determine the areas where the performer is lacking. These areas may include skillfulness at executing the planned action, knowing what to do and when, self-confidence and willingness to take initiatives. You may also need to identify the barriers (if any) that are restricting

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MAA sells apartment property for $7.25 million
MAA is enacting part of its current disposition plan with the sale of a Memphis apartment community. Orlando, Fla.-based Cedar Mill LLC purchased Cedar Mill Apartments in Southeast Memphis from Mid-America Apartments LP for $7.25 million. Built in two phases in 1974 and 1986, the 276-unit apartment complex at 3505 S. Mendenhall sits on 13.9 acres, according to the Shelby County Assessor of Property website. Mid-America Apartments LP is affiliated with Mid-America Apartment Communities Inc., currently branded as MAA...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=C4AaOe3r4Ag:7xVn2qruqqI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=C4AaOe3r4Ag:7xVn2qruqqI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=C4AaOe3r4Ag:7xVn2qruqqI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=C4AaOe3r4Ag:7xVn2qruqqI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=C4AaOe3r4Ag:7xVn2qruqqI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=C4AaOe3r4Ag:7xVn2qruqqI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Dunavant Logistics earns security certification
Dunavant Global Logistics Group LLC has gained a security certification that could help it move products faster for customers. The Memphis-based global logistics firm has been certified as a member of the U.S. Customs-Trade Partnership Against Terrorism (C-TPAT) program. The certification is primarily held by larger companies that have significant focus on global logistics. U.S. Customs and Border Protection established the program in 2003 to build cooperation with industries which strengthen supply chain and border security...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=LF5D_OiWWcc:WmWwSds483M:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=LF5D_OiWWcc:WmWwSds483M:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=LF5D_OiWWcc:WmWwSds483M:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=LF5D_OiWWcc:WmWwSds483M:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=LF5D_OiWWcc:WmWwSds483M:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=LF5D_OiWWcc:WmWwSds483M:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Postal Service lost $3.3 billion in first quarter
<img src='http://assets.bizjournals.com/phoenix/morning_call/PostalServiceWeb*100.jpg?v=1'>Strong holiday shipping was not enough to offset a continued decline in First-Class Mail, leading to a $3.3 billion quarterly loss for he United States Postal Service, compared to a loss of $290 million in the same quarter a year earlier. The Postal Service?s shipping business was up 7 percent from a year ago last quarter, its fiscal first quarter. Shipping accounted for 17 percent of its total revenue. First-Class Mail revenue fell 4.1 percent. First-Class Mail revenue has declined 15 percent and volume down 25 percent since 006...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=ov4xx_9oEys:cNWankdOXMw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=ov4xx_9oEys:cNWankdOXMw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=ov4xx_9oEys:cNWankdOXMw:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=ov4xx_9oEys:cNWankdOXMw:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=ov4xx_9oEys:cNWankdOXMw:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=ov4xx_9oEys:cNWankdOXMw:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Memphis awaits impact of mortgage settlement
<img src='http://assets.bizjournals.com/austin/blog/real-estate/foreclosurehouse*100.jpg?v=1'>Now that the federal government and states have hammered out a historic settlement with mortgage servicers, the bigger question will be the exact impact at the local level in cities hardest hit, like Memphis. In the immediate, the general consensus is that even the largest federal-state settlement in history of $26 billion ? with an expected $146 million coming to Tennessee ? isn?t enough to stem the tide of massive foreclosures. Corky Neale, director of research for RISE Foundation, a consumer financial education group, said the potential impact of the dollars will affect about 10 percent ? 1...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=PxMiEct-o3Y:e3hamdpfxqQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=PxMiEct-o3Y:e3hamdpfxqQ:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=PxMiEct-o3Y:e3hamdpfxqQ:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=PxMiEct-o3Y:e3hamdpfxqQ:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=PxMiEct-o3Y:e3hamdpfxqQ:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=PxMiEct-o3Y:e3hamdpfxqQ:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Memphis industrial portfolio sells for $23.6 million
<img src='http://assets.bizjournals.com/memphis/news/kansas%20city%20life%20portfolio*100.jpg?v=1'>AREA Properties Partners has purchased four Memphis industrial buildings totaling 834,708 square feet for $23.6 million. Kansas City Life Insurance Co. sold the portfolio and was represented by Cushman & Wakefield?s Southeast Capital Markets Group in cooperation with Cushman & Wakefield Commercial Advisors in Memphis. The buildings include Southpark H at 4650 Quality Drive, Southpark G at 4481 Pleasant Hill, Memphis Distribution D at 4100 Quest Way, and Memphis International Airport Center at 3363 MIAC Cove...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=b2aEOciq3Y0:F3y7yppP6cw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=b2aEOciq3Y0:F3y7yppP6cw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=b2aEOciq3Y0:F3y7yppP6cw:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=b2aEOciq3Y0:F3y7yppP6cw:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=b2aEOciq3Y0:F3y7yppP6cw:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=b2aEOciq3Y0:F3y7yppP6cw:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Tennessee to get $146M in mortgage relief from big banks
<img src='http://assets.bizjournals.com/nashville/news/housinghelpweb*100.jpg?v=1'>Tennessee?s piece of a landmark mortgage settlement will likely be about $146 million in what officials say will be a sweeping change in practices and a dose of relief to struggling homeowners. In a $26 billion deal that includes states? attorneys general across the country, major mortgage providers ? Bank of America, Wells Fargo & Co., JP Morgan Chase & Co., Citigroup and Ally Financial ? have agreed to provide money for loan modifications and other changes, direct relief to wronged homeowners and funding for housing programs, authorities said...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=J6bIInXnaAs:KV9x7jdCIe4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=J6bIInXnaAs:KV9x7jdCIe4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=J6bIInXnaAs:KV9x7jdCIe4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=J6bIInXnaAs:KV9x7jdCIe4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=J6bIInXnaAs:KV9x7jdCIe4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=J6bIInXnaAs:KV9x7jdCIe4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Daniel Tosh?s 2012 tour to stop in Memphis
Tosh Tour Twenty Twelve will hit the Orpheum Theater in Memphis on April 8. Comedian Daniel Tosh, known for his Comedy Central show Tosh.0, will begin his tour April 5 in Austin, Texas, and perform in at least 17 cities, including Memphis. It will be the comedian?s second stand-up tour produced by Comedy Central. In 2010, Tosh Tour Twenty Ten included more than 75 performances, sold 250,000 tickets sold and produced $10 million in box office revenue. Tickets for the Memphis show go on sale Friday at 10 a...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=n6bLretEuqU:aczdcfRknyk:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=n6bLretEuqU:aczdcfRknyk:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=n6bLretEuqU:aczdcfRknyk:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=n6bLretEuqU:aczdcfRknyk:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=n6bLretEuqU:aczdcfRknyk:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=n6bLretEuqU:aczdcfRknyk:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Grizzlies owner Heisley bidding on Dodgers
Michael Heisley, the Chicago billionaire businessman who owns the Memphis Grizzlies, has been revealed as one of the bidders on the Los Angeles Dodgers, according to a report in the Los Angeles Times. Heisley leads one of 11 bids that is still in the running to buy the Major League Baseball team. The report also says if Heisley were to buy the team, Jerry West would probably join in some capacity. West, a former Los Angeles Laker and NBA legend, previously worked for Heisley as general manager of the Grizzlies.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=oBlb2MDznJs:IdmIvEZwjtQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=oBlb2MDznJs:IdmIvEZwjtQ:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=oBlb2MDznJs:IdmIvEZwjtQ:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=oBlb2MDznJs:IdmIvEZwjtQ:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=oBlb2MDznJs:IdmIvEZwjtQ:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=oBlb2MDznJs:IdmIvEZwjtQ:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Memphis files 86 lawsuits against property owners
The city of Memphis is fighting blight and for the second time filed a large batch of lawsuits against the owners of neglected property. The Commercial Appeal reports Mayor A C Wharton and Shelby County District Attorney General Amy Weirich announced the filing of 86 lawsuits and 11 nuisance petitions. Wharton launched a similar assault against blight in 2010, when the city filed 138 lawsuits against property owners. About two-third of those properties have since been rehabbed or demolished, according to Wharton...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=xgYwdDRKgGQ:K7Ys-7xHWns:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=xgYwdDRKgGQ:K7Ys-7xHWns:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=xgYwdDRKgGQ:K7Ys-7xHWns:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=xgYwdDRKgGQ:K7Ys-7xHWns:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=xgYwdDRKgGQ:K7Ys-7xHWns:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=xgYwdDRKgGQ:K7Ys-7xHWns:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Bank settlement to net $26B for homeowners
More than 2 million Americans could benefit from at least $26 billion in relief from the nation?s biggest banks as part of a broad government settlement set to be announced on Thursday, The New York Times reports. The aid will help a relatively small portion of borrowers who are delinquent and facing foreclosure, The Times reports. The success could depend in part on how effectively the program is put into effect because earlier efforts by Washington to help troubled borrowers aided fewer than expected...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=4Z--61aiE6U:AkoDL2JDah4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=4Z--61aiE6U:AkoDL2JDah4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=4Z--61aiE6U:AkoDL2JDah4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=4Z--61aiE6U:AkoDL2JDah4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=4Z--61aiE6U:AkoDL2JDah4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=4Z--61aiE6U:AkoDL2JDah4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>


performance levels.

After determining the areas lacking in any of these aspects, you need to start executing appropriate methods of improvement. It is important to remember that these methods need to be implemented in incremental stages. The different stages of doing this involve giving relevant advice and then providing adequate skill training. In the process, you may even need to invent better tools to remove performance barriers.

Your next job will be to evaluate and measure the outcome by comparing all actions with the results achieved, and the results to the objectives or goals that were set. You can then raise or lower the targets based on the current competence level of the performer.

You may need to repeat the whole process more than once in order to encourage and guide your client towards constant improvement.

It is also important to acknowledge and appreciate every success, irrespective of whether it is big or small and at the same time be a critic of errors. Trying to end every interaction in a win-win situation is also crucial in bringing out the best in your clients. This will ensure every coaching interaction of yours is a positive experience, at the same time making it more acceptable to everyone. Moreover, this rule will also help you retain your clients.

It is important to remember that unless you really connect with the individual you are coaching, your advice may not be of any use and you may not be able to analyze the situation properly. There can be no fixed rules for coaching, as it is largely dependent on a person own perspective of looking at it and delivering accordingly. However, the rules mentioned here may help you in understanding the basic aspects that a person looks for when he hires a business coach. The satisfaction of a being a good coach is thus self rewarding, and remains forever in the memories and hearts of all those who have received help from you.

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Food safety firm Locus Traxx adding 110 jobs in Jupiter
Locus Traxx plans to add 110 jobs as it opens a food safety and security facility near Jupiter, according to an announcement from the Business Development Board of Palm Beach County and the Workforce Alliance. The company will expand with a 60,000-square-foot lease in Florida Research Park, where it will report on the temperature, security and location of food shipments as they are in transit. Locus Traxx plans to boost its workforce from 50 to 160 by the end of the year. ?We are so pleased to have assisted another technology and innovation company in growing jobs in Palm Beach County,? BDB President and CEO Kelly Smallridge said in a news release...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=0VGreQPTV7k:Io85pPAD0CA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=0VGreQPTV7k:Io85pPAD0CA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=0VGreQPTV7k:Io85pPAD0CA:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=0VGreQPTV7k:Io85pPAD0CA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=0VGreQPTV7k:Io85pPAD0CA:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=0VGreQPTV7k:Io85pPAD0CA:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=qj6IDK7rITs" border="0"></img></a> </div>
Regulators approve 1st United acquisition of Palm Harbor bank
Both federal and state regulators have approved Boca Raton-based 1st United Bancorp?s application to purchase Palm Harbor-based Anderen Financial. The $37 million deal was announced in October. In a news release on Wednesday, 1st United (NASDAQ: FUBC) said it expects to complete the acquisition early in the second quarter. After earning $3.7 million in 2011, 1st United finished the year with $1.42 billion in assets. Anderen Financial?s Anderen Bank subsidiary held $207 million in assets at year-end...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=MTFuiR9wcUE:zQMe3FZ6-AE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=MTFuiR9wcUE:zQMe3FZ6-AE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=MTFuiR9wcUE:zQMe3FZ6-AE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=MTFuiR9wcUE:zQMe3FZ6-AE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=MTFuiR9wcUE:zQMe3FZ6-AE:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=MTFuiR9wcUE:zQMe3FZ6-AE:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=qj6IDK7rITs" border="0"></img></a> </div>
Massive mortgage settlement has winners and losers
<img src='http://assets.bizjournals.com/southflorida/print-edition/Roy-Oppenheim*100.jpg?v=1'>The $25 billion federal/state settlement with the nation?s largest mortgage servicers has created some winners and loser among borrowers, especially in South Florida. The deal is supposed to allow for financial relief to homeowners who are underwater ? owing more on their mortgages than the value of their homes. According to CoreLogic, about half of the mortgages in South Florida are underwater. However, it seems unlikely that everyone will qualify for relief, said Boca Raton attorney Marlyn Wiener, who represents borrowers in loan modifications and short sales...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=SP51lfcV4k0:zJcLPY3nPBE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=SP51lfcV4k0:zJcLPY3nPBE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=SP51lfcV4k0:zJcLPY3nPBE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=SP51lfcV4k0:zJcLPY3nPBE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=SP51lfcV4k0:zJcLPY3nPBE:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=SP51lfcV4k0:zJcLPY3nPBE:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=qj6IDK7rITs" border="0"></img></a> </div>
Related Group plans new Hallandale Beach condo development
<img src='http://assets.bizjournals.com/southflorida/news/SFBJ%20Jorge%20Perez%20315*100.jpg?v=1'>The Related Group is planning a new condo development in Hallandale Beach that would also include a hotel. The 31-story Beachwalk tower would have 84 residences and 432 hotel rooms. The proposed project would be located on the Intracoastal Waterway, at the western end of the Hallandale Beach Boulevard Causeway, according to Condo Vultures. Related is already selling units for its 49-unit, oceanfront project Apogee Beach in Hallandale Beach. It broke ground on the project in December. Beachwalk is the 22nd project to be proposed east of Interstate 95 in South Florida...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=K5p8ARmkXtE:6QnNgpofDX4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=K5p8ARmkXtE:6QnNgpofDX4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=K5p8ARmkXtE:6QnNgpofDX4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=K5p8ARmkXtE:6QnNgpofDX4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=K5p8ARmkXtE:6QnNgpofDX4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=K5p8ARmkXtE:6QnNgpofDX4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=qj6IDK7rITs" border="0"></img></a> </div>
Direct Title president charged with fraud
The president of an Oakland Park title company was charged with wire fraud for her participation in a mortgage fraud scheme where Bank of America provided one of the mortgages. Michelle Austin-Wilks, 38, of Parkland, was charged with wire fraud. She faces up to 30 years in prison. According to the criminal complaint, Austin-Wilks was president and director at Direct Title & Escrow Services. According to a news release, she and others allegedly profited by fraudulently buying and selling residential real estate property in Broward County through straw buyers...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=_in0BuXGQdY:YedaKY0D2Zo:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=_in0BuXGQdY:YedaKY0D2Zo:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=_in0BuXGQdY:YedaKY0D2Zo:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=_in0BuXGQdY:YedaKY0D2Zo:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=_in0BuXGQdY:YedaKY0D2Zo:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=_in0BuXGQdY:YedaKY0D2Zo:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=qj6IDK7rITs" border="0"></img></a> </div>
Equality Florida backs Competitive Workforce Act
Equality Florida's top priority in the current legislative session is passage of the Florida Competitive Workforce Act, which would add sexual orientation and gender expression as protected in employment, housing and public accommodations, the group's deputy director said at a Miami event on Thursday. Stratton Pollitzer, deputy director of Equality Florida, talked about his group's efforts during the Miami-Dade Gay and Lesbian Chamber of Commerce's State of our Community Luncheon. While Miami-Dade County and many others Florida locations offer anti-discrimination protection for gays, lesbians, bisexuals and transgendered people, some areas of the state don't, he said...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=jNBNjR8tzH4:FhIGmsKkeQE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=jNBNjR8tzH4:FhIGmsKkeQE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=jNBNjR8tzH4:FhIGmsKkeQE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=jNBNjR8tzH4:FhIGmsKkeQE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=jNBNjR8tzH4:FhIGmsKkeQE:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=jNBNjR8tzH4:FhIGmsKkeQE:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=qj6IDK7rITs" border="0"></img></a> </div>
Miccosukees fight IRS summons of Lehtinen
The Miccosukee Tribe of Indians of Florida is trying to prevent the federal government from using a summons to obtain documents and correspondence from its former attorney, Dexter Lehtinen. The tribe sued Lehtinen, a former U.S. attorney, in December for alleged malpractice in failing to properly advise it regarding obligations by tribe members to pay federal taxes on income that may have been derived from gambling operations. Lehtinen denies the allegations. On Feb. 8, the tribe filed a motion to stop the summons from Internal Revenue Service attorneys...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=yOXE8uM9lX0:CbsxIaGoo3g:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=yOXE8uM9lX0:CbsxIaGoo3g:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=yOXE8uM9lX0:CbsxIaGoo3g:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=yOXE8uM9lX0:CbsxIaGoo3g:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=yOXE8uM9lX0:CbsxIaGoo3g:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=yOXE8uM9lX0:CbsxIaGoo3g:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=qj6IDK7rITs" border="0"></img></a> </div>
Florida to get $8.4B from national mortgage settlement
<img src='http://assets.bizjournals.com/southflorida/news/SFBJ%20Pam%20Bondi*100.jpg?v=1'>The proposed mortgage settlement between 49 state attorneys general and the nation?s largest loan servicers could net $8.4 billion in relief to Florida homeowners, Florida Attorney General Pam Bondi announced on Thursday. The joint federal-state investigation resulted in a proposed $25 billion settlement over the mortgage practices of large banks and loan servicers, including robo-signing, where lenders were alleged to have filed foreclosure lawsuits without verifying the accuracy of the documentation...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=2Cztb7Y1ilc:alQ2KojsLzA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=2Cztb7Y1ilc:alQ2KojsLzA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=2Cztb7Y1ilc:alQ2KojsLzA:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=2Cztb7Y1ilc:alQ2KojsLzA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=2Cztb7Y1ilc:alQ2KojsLzA:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=2Cztb7Y1ilc:alQ2KojsLzA:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=qj6IDK7rITs" border="0"></img></a> </div>
Regulators block five South Florida assisted living/home health providers
Florida regulators said they revoked or surrendered the licenses of five assisted living and home health companies in South Florida in January. The Agency for Health Care Administration said these providers are no longer eligible to participate in Medicaid and Medicare. They could attempt to stay in business with private pay, but most assisted living and home health facilities depend on these government programs. Following are the companies AHCA took action against: Lauderhill-based Shalom Manor, a 35-bed assisted living facility, had its license revoked and was fined $40,000...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=M2coQE8cjEk:fdwvvoauDsg:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=M2coQE8cjEk:fdwvvoauDsg:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=M2coQE8cjEk:fdwvvoauDsg:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=M2coQE8cjEk:fdwvvoauDsg:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=M2coQE8cjEk:fdwvvoauDsg:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=M2coQE8cjEk:fdwvvoauDsg:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=qj6IDK7rITs" border="0"></img></a> </div>
University of Miami spends most on athletics in South Florida
The University of Miami spends more on athletics than any other South Florida university, according to a new database that analyzes Equality in Athletics data from the U.S. Department of Education. The UM athletic department ranked 43rd out of 340 athletic departments nationwide, spending $57.6 million on Hurricane sports during the 2010-2011 season. Of the total, $24.4 million was for football expenses and $5 million was for basketball expenses. Other South Florida schools trailed far behind UM...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=KKZhAJiKwvc:5ken_6mYfWk:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=KKZhAJiKwvc:5ken_6mYfWk:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=KKZhAJiKwvc:5ken_6mYfWk:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=KKZhAJiKwvc:5ken_6mYfWk:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=KKZhAJiKwvc:5ken_6mYfWk:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=KKZhAJiKwvc:5ken_6mYfWk:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=qj6IDK7rITs" border="0"></img></a> </div>