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Thursday's Afternoon Update

South Florida homes to gain $83 billion in value

It was a spectacular year for South Florida home values. Homes and condominiums in Palm Beach, Broward and Miami-Dade counties are expected to gain $83.3 billion in cumulative value in 2013, compared with a gain of $49.5 billion last year, according to the Zillow.com website. More at the South Florida Sun-Sentinel.

See also:
» Broward existing home sales drop, prices rise
» I am real estate, hear me roar
» Florida real estate flooded with foreign buyers


Darden plans to split from Red Lobster

Darden Restaurants announced today it plans to separate from Red Lobster, either by selling the seafood chain or executing a spinoff of the brand to shareholders. It also plans to suspend new unit growth at Olive Garden and slow down growth at LongHorn Steakhouse. More at the Orlando Sentinel.


Column: A few good books could expand your business knowledge

Business Profile

Conelec

conelec
Conelec Electronic Manufacturing is positioned for growth in a new and larger 63,000-sq.-ft. facility in DeLand Crossings industrial park. The privately held company, founded in 1983, moved from its longtime home in Seminole County to Volusia County.

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The investment in your development as a leader and your employees’ development as individuals are essential to the sustainability of your business. Your company depends on what you know rather than what you own. And, what you know, from an organizational perspective, is tied to the knowledge and experience of your people. More at Florida Today.


Fatal crashes are falling across Florida

Preliminary data from the Florida Department of Highway Safety & Motor Vehicles shows fatal crashes are on the decline in 2013. There have been 2,202 statewide to date. That compares to 2,313 during the same time period in 2012. In all of 2012, there were 2,427 fatal traffic crashes in Florida. More at First Coast News.


Retailers help Florida soldiers get home for Christmas

Retailers have pitched in to make sure some Florida National Guardsmen have the transportation to get home for the holidays. The Florida Retail Federation on Wednesday announced that 10 retailers helped raise $35,000 needed to get the soldiers back to Florida. More at the AP.

Business Profile
e-Builder

e-builderA deep construction recession and slow recovery would seem to be a bad environment for a company that makes construction management software. Not so, says Ron Antevy, CEO of Plantation-based e-Builder. Since the product reduces labor and other costs and runs on a subscription model, where success comes from keeping existing clients happy, revenue growth has averaged 40% since 2008.

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