April 28, 2024

Tuesday's Afternoon Update

What you need to know about Florida today

| 9/20/2016

Middle East poised to become a bigger player in Florida real estate

The growing volume of property investments has largely been driven by sovereign wealth funds, particularly those of Qatar and the United Arab Emirates. Favorable exchange rates and a desire to diversify assets have led these funds to seek commercial real estate opportunities in the United States, with Miami at the top of the deck. More from the National Law Review.

See also:
» South Florida a popular market for Middle Eastern real estate investors
» Middle East buyers take interest in Orlando real estate

Orlando's SeaWorld says it will stop paying shareholders a dividend

Troubled theme park operator SeaWorld says it will soon stop paying its shareholders a quarterly dividend. SeaWorld, known for its water shows featuring killer whales and dolphins, has been dealing with falling attendance and revenue as people's feelings about using animals for entertainment has soured. More from the AP and the Orlando Sentinel.

Florida universities want more money for mental health counseling

With a 48 percent increase in the number of students seeking counseling, Florida universities are asking for an additional $14.5 million in the coming budget year to hire more mental health professionals, including psychologists, counselors, psychiatric nurses and prevention specialists. More from the Palm Beach Post.

Embraer to begin manufacturing jet seats in Titusville

There have been so many good announcements from Embraer jets in recent years that it's easy to get nonchalant about ribbon cuttings like the one Monday in Titusville for the company's Aerospace Seating Technologies. More from Florida Today.

South Florida by the numbers: Focus on EB-5 visa program

It is the hottest investment source in South Florida real estate development. It can create thousands of local jobs, and pump millions of dollars into our economy. But it has also been used as a vehicle for fraud and criticized for allowing rich foreign investors to jump the line for citizenship. More from the Real Deal.

Florida Law
Grave danger

florida law In 2002, David Charlip was enjoying a Friday night cocktail with friends when a newly minted lawyer asked him for some advice about a potential case. It involved a woman who had died of cancer and was supposed to be cremated, but there had been an unexplained, 18-day delay in transporting her body to the crematorium.

» Access full story.

Technology
Geostationary Operational Environmental Satellite

weather A new high-tech satellite scheduled to head into space from Florida is designed to help residents get more advanced warnings when powerful storm systems threaten a region. The GOES-R satellite has a seat on a United Launch Alliance rocket set for Nov. 4.

» More from the Orlando Sentinel

Tags: Daily Pulse, Afternoon Pulse

In case you missed it:

Florida Trend Video Pick

PSTA announced electric fleet plan
PSTA announced electric fleet plan

The Pinellas Suncoast Transit Authority is going all-electric after receiving a $1.5 million grant.

Video Picks | Viewpoints@FloridaTrend

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