Lehman Brothers Has Nearly $2.4 Billion In Miami, South Florida Real Estate Loans

Bankrupt Wall Street investment bank Lehman Brothers Holdings Inc. and its subsidiaries have nearly $2.4 billion in commercial real estate loans in Miami and South Florida, according to a new report by Condo Vultures® LLC.

Lehman (NYSE: LEHMQ.PK) has 50 outstanding loans with 22 loans in Miami-Dade County totaling $965 million, 13 in Broward County totaling $899 million, and 15 in Palm Beach County totaling $490 million, according to the report by the Bal Harbour, Fla.-based consultancy.

Lehman and its subsidiaries are the lead lender on a number of high profile South Florida real estate projects, r

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