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Updated: 40 min 1 sec ago

Industrial warehouse in Miami-Dade County sells for $25M

Fri, 07/12/2019 - 14:30
AutoNation is a tenant in this building.
Categories: Business

County adopts tax incentives for 'next-generation' flight training center

Fri, 07/12/2019 - 14:27
The project will create 73 new full-time jobs at an average annual salary of $77,744.
Categories: Business

Universal Insurance Holdings names new CEO

Fri, 07/12/2019 - 13:21
Current Chief Operating Officer Stephen J. Donaghy will become the new CEO of Universal Insurance Holdings, effective July 15. The Fort Lauderdale-based company's current chair and CEO Sean P. Downes will take on a new role as executive chairman, the company announced late Thursday. Universal Insurance Holdings (NYSE: UVE) said the move, "fits with Mr. Downes' family and personal goals after 20 years as an executive of the company." "We look forward to Sean's continued leadership as executive…
Categories: Business

South Florida firm launches $500M fund to buy apartments

Fri, 07/12/2019 - 11:41
This company aims to spend $2 billion on apartment purchases this year.
Categories: Business

Developer breaks ground on 60,000-square-foot office building that's already fully leased

Fri, 07/12/2019 - 11:14
Several more office buildings could be developed at this location.
Categories: Business

Friday Feature: Best places for happy hour in South Florida (Photos)

Fri, 07/12/2019 - 11:02
U.S. bars and restaurants generate 60.5% of their average weekly sales from happy hour – just 15 hours of the total business week, according to a study conducted by data analytics company Nielsen Holdings. It's five o'clock somewhere in South Florida too, with happy hours deals that can be found all over the region. To find the best places in the South Florida for happy hour, the South Florida Business Journal turned to our friends at business directory service Yelp (NYSE: YELP) to find the…
Categories: Business

Charming Charlie to close all stores, including 7 South Florida locations

Fri, 07/12/2019 - 07:30
Houston-based Charming Charlie Holdings Inc. is the latest casualty of the so-called "retail apocalypse." The accessories retailer filed for bankruptcy protection again July 11, and media reports indicate the company will close all of its 261 stores. The closures could affect more than 3,000 full- and part-time employees, and the liquidation is expected to take about two months, Bloomberg reports. The company is currently not taking orders on its website. There are seven South Florida locations…
Categories: Business

Rialto to move headquarters to downtown Miami

Fri, 07/12/2019 - 07:27
The company signed a big lease in one of Miami's largest office buildings.
Categories: Business

Opinion: Opportunity Zone investments 'good for all'

Fri, 07/12/2019 - 07:07
There’s little doubt the money will flow to Opportunity Zones. Then it’s anyone’s guess.
Categories: Business

Opportunity Zones make real estate even more attractive to investors

Fri, 07/12/2019 - 06:59
South Florida is likely to see an uptick of activity this year as a result of the federal program.
Categories: Business

Opportunities Zones: Into the great O-Zone

Fri, 07/12/2019 - 06:56
Thousands of neighborhoods are primed for an investment surge. Will a rising tide lift all boats, or will our poorest, least-educated communities be upended in the name of economic development?
Categories: Business

Developer proposes hotel/office project in Miami-Dade

Fri, 07/12/2019 - 06:50
The project would replace an industrial building.
Categories: Business

Inside the List: How Crowe LLP uses AI to improve efficiency

Fri, 07/12/2019 - 06:49
The Business Journal spoke with Timothy J. Iszler, the firm's Miami managing partner, about Opportunity Zones, artificial intelligence and the future of accounting.
Categories: Business

From the Editor-in-Chief: Tri-county region home to 123 Opportunity Zones

Fri, 07/12/2019 - 06:48
South Florida has plenty of areas (tracts) already undergoing redevelopment in neighborhoods from West Palm Beach to Miami.
Categories: Business

Ultimate CEO Jordan Zimmerman on the relentless pursuit of his clients' goals (Video)

Fri, 07/12/2019 - 06:34
"Never rest in the glory," he says.
Categories: Business

Legal and Public Notices - July 12, 2019

Fri, 07/12/2019 - 06:00
Notice of Public Auction Pursuant to Ch 713.585(6) F.S. United American Lien & Recovery as agent w/ power of attorney will sell the following vehicle(s) to the highest bidder; net proceeds deposited with the clerk of court; owner/lienholder has right to hearing and post bond; owner may redeem vehicle for cash sum of lien; all auctions held in reserve Inspect 1 week prior @ lienor facility; cash or cashier check; 18% buyer premium; any person interested ph (954) 563-1999 Sale date August 2, 2019…
Categories: Business

South Florida engineering firm signs agreement with new CFO

Thu, 07/11/2019 - 14:53
He will receive an annual base salary of $310,000
Categories: Business

Compass recruits 25-agent team in Palm Beach County

Thu, 07/11/2019 - 14:39
Compass has added hundreds of South Florida agents since entering the region in 2015.
Categories: Business

Bridal boutique opens first Florida store on Miracle Mile

Thu, 07/11/2019 - 14:34
Barcelona-based bridal brand Pronovias opened its first Florida boutique shop in Coral Gables on Wednesday. The 4,200-square-foot store will include 2,100 square feet of selling space and eight fitting rooms of various sizes. Pronovias Group seeks to increase its U.S. footprint with this location, which is only its second store in the country. At 360 Miracle Mile in Coral Gables, the Pronovias boutique will compete with many other bridal retailers on the strip. Roso Clara, Jaquelina's Bridal,…
Categories: Business

EB-5-funded hotel in Miami Beach seeks to terminate mortgage

Thu, 07/11/2019 - 14:22
The lawsuit called the mortgage a "fraudulent transfer."
Categories: Business