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Latest Business & Finance News

Turner Construction Acquires Sarasota-Based DPR Florida Operations Mar 18, 2026 NEW YORK — Turner Construction Company announced Monday it has acquired the Florida operations of DPR Construction, adding approximately $890 million in annual Florida construction revenue, 340 employees, and a…

Downtown Fort Lauderdale skyline showing a luxury high-rise with rooftop pool and adjacent construction cranes

JLL Arranges $28M Loan for URBANIA® Flagler 1st Ave and Brokers $117M Rivr Lofts Refinance in Fort Lauderdale Sep 16, 2025 Fort Lauderdale, Florida, September 16, 2025 News Summary JLL Capital Markets structured two major multifamily financings as downtown Fort Lauderdale continues to expand. The firm secured a $28 million construction loan…

South Florida skyline with luxury towers under construction, cranes and waterfront views

Bank OZK Sticks to Low‑Leverage Construction Lending While Funding South Florida Deals Sep 3, 2025 South Florida, September 3, 2025 News Summary A regional lender maintained a conservative underwriting approach while financing several major South Florida developments. The bank led a $475 million senior construction tranche…

Construction of N4 multifamily apartments in downtown Jacksonville, Florida

Ceiba Groupe Secures $40.2 Million Loan for Jacksonville Project Aug 7, 2025 News Summary Ceiba Groupe has announced the acquisition of a $40.2 million construction loan for its multifamily development project, N4, in Jacksonville, Florida. The project aims to create a built-to-rent…

Active Florida business district showcasing small enterprises thriving.

Florida to Eliminate Business Rent Tax, Saving Companies $2.5 Billion Annually Jul 10, 2025 News Summary In a significant move, Florida Governor Ron DeSantis has signed a bill to eliminate the business rent tax, set to take effect in October 2025. This legislation is…

Infrastructure development in Haines City, Florida

Florida Governor DeSantis’ Budget Vetoes Hurt Polk County Projects Jul 1, 2025 News Summary Florida Governor Ron DeSantis' recent budget vetoes have significantly impacted funding for critical projects in Polk County, most notably affecting Haines City. The city lost $3 million intended…

Scenic view of the Everglades wetlands with water management structures.

DeSantis Pushes for Control Over Everglades Reservoir Amid Funding Issues Jul 1, 2025 News Summary Governor Ron DeSantis is seeking state control over the Everglades Agricultural Area Reservoir, highlighting efficiency concerns over federal management amid funding debates. The reservoir is pivotal for water…

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