$2,600,000,000. That’s the net worth it takes to be among the top 25 wealthiest Floridians. Most of us can’t imagine that level of wealth. When we printed a similar list just four years ago, it took “only” $1.2 billion to crack the top 25 — less than half of this year’s figure. Even Secretary of Commerce Wilbur Ross, with a net worth of $2.5 billion, missed the...
Steve Wozniak to headline eMerge Americas conference in Miami Beach
The “Wonderful Wizard of Woz” has been announced as the keynote speaker of the fourth annual eMerge Americas conference in Miami Beach. Steve Wozniak, co-founder of Apple Inc. (Nasdaq: AAPL), will headline the June 12-13 convention taking place at the Miami Beach Convention Center. Last year, there were more than 13,000 attendees, 400 companies and...
Top Cities For Millennials | Millennial Hot Spots Miami is the second most desired city
Despite a lack of affordable and workforce housing, Miami just ranked as the second top city for millennials. Realtor.com’s list of millennial hot spots was led by Salt Lake City, Miami, Orlando, Seattle, Houston and Los Angeles. The report looked at the largest 60 markets in the country and compared the share of millennial page views to the national average...
South Florida poised to benefit from Trump’s $1 trillion infrastructure plan
South Florida’s goal to transform into a car-optional region could receive a sizable boost should the Trump administration’s proposal to invest $1 trillion into America’s infrastructure turn to reality, says a local infrastructure expert. A direct beneficiary of the capital injection would be Coral Gables-based Florida East Coast Industries, whose...
Cruise line executives remain bullish about industry growth
The cruise industry has come a long way in 10 years and leaders of major lines Tuesday predicted more growth in the foreseeable future provided no major geo-political or cruise-related incidents derail the momentum. This year, 25.3 million people are expected to take a cruise globally, up from 15.8 million people in 2007, marking a 61 percent growth in cruise...
City National Bank of Florida sells Miami Beachmoffice to Pacific Star Capital
The deal includes two acres of land. City National Bank of Florida sold its Miami Beach branch and office building to a commercial real estate firm for $24.59 million. The Miami-based bank, a subsidiary of BCI in Chile, sold a three-story and a six-story office building to Oliveira Plaza Associates LLC, an affiliate of Pacific Star Capital, which is based in...