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Claudio Osorio arrested and charged with fraud, money laundering

The former head of InnoVida Holdings, Claudio Osorio has been arrested and charged with running a $40 million fraud. Read »

Banking & Financial Services

Foreclosure targets 366 mobile homes over $30M loan

Other actions include a store on AIA in Hollywood, a CompUSA building in Miami-Dade County and the Amadeus Center office building in Doral. Read »

Commercial Real Estate

Genting abandons plan for Florida voters to decide on gambling

The Genting Group has backed away from a plan to pursue a Florida ballot initiative on Las Vegas-style gambling, but it has another plan in mind. Read »

Banking & Financial Services

Executives of failed BankUnited would be in the clear after settlement

The executives of the failed BankUnited FSB would be clear of personal liability, and perhaps be able to resume their banking careers, under a proposed settlement. Read »

Environment

Broward County considers $3M emergency fix for A1A

The Broward County Commission will consider authorizing an emergency $3 million fix for beach erosion along A1A north of Sunrise Boulevard. Read »

Health Care

Modernizing Medicine raises $12M with equity capital investors

The Boca Raton developer of cloud-based electronic medical records continues to expand and the extra $12 million will help it accelerate its growth even further. Read »

Commercial Real Estate

Hollo developing Brickell's Villa Magna site instead of selling it

Tibor Hollo has pulled his 2.5-acre parcel off the market and will add a hotel to the residences he had planned for the site. Read »

Legal Services

"Tall, male and Jewish?" Greenberg Traurig denies new discrimination allegations

A former Greenberg Traurig attorney in Philadelphia, Francine Griesing, has filed a federal lawsuit in New York alleging she was damaged by a pattern of discrimination against female attorneys at the firm. Read »

Logistics & Transportation

DHL Express unveils $21M expanded facility near MIA - slideshow

The Plantation-based company spent $21 million on the 40,400-square-foot expansion of its Miami Hub, which is adjacent to Miami International Airport. Read »

Banking & Financial Services

Bankia chairman: City National Bank to be sold

The chairman of Bankia announced on Wednesday that it would sell Miami-based City National Bank of Florida as part of its restructuring plan following the acceptance of bailout funds in Europe. Read »

Ken Thomas expects high price for City National Bank’s ‘gem’ franchise

Health Care

DataCenter

The South Florida Business Journal provides several searchable databases: Foreclosure Roundup, circuit court judgements of more than $100,000, population and housing data, and SFBJ award honorees. Read »

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Latest News

U.S. cargo imports estimated to increase, despite port strikes

Labor strikes at West Coast retail container ports brought down U.S. import cargo volume in November, but volume is estimated to see a 3.9 percent upturn…
5:00pm EST
Foxconn U.S. expansion could impact Sunrise location

Foxconn Technology Group has announced plans to expand its U.S. operations, which could impact the company’s engineering center in Sunrise. Foxconn,…
4:32pm EST
State Street Realty leases more than 115,000 square feet in Miami

State Street Realty, a Miami based brokerage and advisory firm, brokered $4.9 million worth of leases and sales that together total about 118,000 square…
3:02pm EST
Foreclosure scam lands Weston CPA Coombs in jail for a year

Weston-based accountant Barrington Coombs, 58, has been sentenced to a year in prison for his role in a foreclosure rescue scheme. Coombs was convicted…
Baptist Health names Ziffer head of doctor group

Baptist Health South Florida has named the first leader of its expanding physician practice group. The nonprofit named Dr. Jack Ziffer CEO of Baptist…
Medical office, retail building in Kendall gets $17.2M refinancing

The medical office and retail space at 7400 and 7440 N. Kendall Drive has received $17.2 million refinancing. Holliday Fenoglio Fowler worked on behalf…
Laurus Corp. acquires Hotel Sofitel Miami for undisclosed amount

Laurus Corp., a Los Angeles-based private real estate investment and development firm, has acquired the Hotel Sofitel Miami, according to a news release. The…
U.S. Century Bank shareholder lawsuit seeks to call merger ‘unenforceable’

Shareholders with a lawsuit against U.S. Century Bank have a new target: C1 Bank, the company with a pending acquisition deal for the bank. The original…
CPA firms fell short in public company audits, PCAOB says

The nation’s largest accounting firms fell short in examining and testing public companies for their internal controls that would detect fraud and material…
Which S. Fla. cities will have improved AT&T mobile service?

AT&T has announced a new 4G LTE cell site in Miami and added capacity to 50 cell sites throughout South Florida. The upgrades are to improve mobile Internet…

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Claudio Osorio arrested and charged with fraud, money laundering

Foreclosure targets 366 mobile homes over $30M loan

Genting abandons plan for Florida voters to decide on gambling

Executives of failed BankUnited would be in the clear after settlement

Broward County considers $3M emergency fix for A1A

Modernizing Medicine raises $12M with equity capital investors

Hollo developing Brickell's Villa Magna site instead of selling it

"Tall, male and Jewish?" Greenberg Traurig denies new discrimination allegations

DHL Express unveils $21M expanded facility near MIA - slideshow

Bankia chairman: City National Bank to be sold

DataCenter

Click here to contact our editorial team

Premium Content

Latest News

U.S. cargo imports estimated to increase, despite port strikes

Foxconn U.S. expansion could impact Sunrise location

State Street Realty leases more than 115,000 square feet in Miami

Foreclosure scam lands Weston CPA Coombs in jail for a year

Baptist Health names Ziffer head of doctor group

Medical office, retail building in Kendall gets $17.2M refinancing

Laurus Corp. acquires Hotel Sofitel Miami for undisclosed amount

U.S. Century Bank shareholder lawsuit seeks to call merger ‘unenforceable’

CPA firms fell short in public company audits, PCAOB says

Which S. Fla. cities will have improved AT&T mobile service?

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