April 20, 2024

Wednesday's Daily Pulse

Photo: Daniel Portnoy

Title Capital Management in Miami is spending $200 million to buy up Florida foreclosures. In photo: Scott Kranz (left) and Erik Wesoloski of Title Capital Management. Go to story: Landlord Inc.

Wednesday's Daily Pulse

What you need to know about Florida today

| 1/30/2013

Florida Trend Exclusive
Landlord Inc.

Big investment firms are buying Florida single-family foreclosures in bulk, expecting to profit twice: First by renting out the homes and then by reselling them in a few years. Read the full story here and see also:

» Breaking Down the Deal

» The Players: Who's Buying Single-Family Foreclosures


In later life, many turn to ‘encore careers’

The concept of an encore career is being buoyed by a convergence of trends: financial realities, layoffs, long life spans and the desire for a more purposeful existence during the aging process. An encore career job might be a nurse or health aide. It could be a teacher, tutor or fundraiser, founder of a nonprofit, or even an entrepreneur that solves a social problem. For many, it has become the answer to “now what?” and “what will be my legacy?” [Source: Miami Herald]


Column: Doing more with less, state's employees protect nature

We all know that public servants such as police officers, firefighters and teachers make Florida a better place to live and raise a family. It's time to add the employees from the Florida Department of Environmental Protection to that list. DEP has made a concentrated effort to develop a more effective method to protect the diverse ecosystems spread throughout our great state. [Source: Orlando Sentinel]


Florida tourism aims for 100-millon visitor milestone

Reaching a 100-million visitor-a-year milestone would create 121,298 jobs, and increase overall personal income for Floridians by $5.3 billion, a Florida TaxWatch study released Tuesday says. More from the Fort Myers News-Press and Florida TaxWatch.


State scrambles to get NASA's OK for land to build launchpad

NASA is balking at plans by Space Florida to build a new commercial launchpad near Kennedy Space Center, and now state officials — in both Tallahassee and Washington -- are racing to persuade the space agency to change its mind. [Source: Orlando Sentinel]

See also:
» SpaceX wins contract for Cape satellite launch


ALSO AROUND FLORIDA:

› Department of Business and Professional Regulation warns of timeshare scam
State business regulators issued a warning to consumers Tuesday to beware of con artists who are attempting to defraud the already hurt victims of timeshare resale scams.

› Lake Mary pasture may be developed for luxury homes
Gray Hudson calls the view from his backyard a "little piece of paradise." But Hudson and his neighbors are concerned about a developer's plan to build up to 142 two-story homes on the 116 bucolic acres called L&L Acres Ranch.

› Workers head for the football field to relax
Young professionals are leaving the office at the end of the work day and running to the playing field to stay fit and socialize. One company, Play Hard Play Social Club Sports, offers adults the same opportunity children have – to play one of their favorite sports on a weekly basis in an organized league.

› ReStockIt.com acquired by Acme Paper & Supply Co.
ReStockIt.com, a Davie-based ecommerce supplier for small-to-medium sized businesses, has been purchased by Acme Paper & Supply Co., a Baltimore-based distributor of packaging, supplies and equipment for janitorial, foodservices, manufacturing and retail industries.


Go to page 2 for more stories ...

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About one thousand cereal boxes were lined up by Achieva Credit Union employees in honor of the donations.

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