October 26, 2021

Miami-Dade Roundup

Navigating Venezuela' uncertain economic environment

AVENTURA — TreatMD launched its international telemedicine platform, which is available in 30 languages and connects medical care providers around the world with their patients.

CORAL GABLES — Miami-based medical ride service startup Ride- 2MD added a partnership with on-demand ride service Lyft to help patients arrange transportation to medical appointments.

DORAL — Carnival ordered two 5,200-passenger cruise ships, set to begin sailing in 2020 and 2022, that will be powered by liquefied natural gas.

KEY WEST — United Airlines will run non-stop seasonal flights from Key West International Airport to Chicago O’Hare and Newark, N.J., the only non-stop flights on those routes. Monroe County Commissioners waived first-year fees for the airline.

MARATHON — Community Health of Florida is expanding. The hospital should be able to serve an additional 1,800 patients.

MIAMI — Miami Beach-based Goldman Properties sold land and a building for $30.75 million to New York-based RedSky Capital. » Related Group is delaying construction on its 298-unit Auberge Residences & Spa Miami; the company did not say when it will begin construction. » A group of Miami developers launched sales at Auto House, a 45-unit car storage facility in the city’s Overtown neighborhood. Units can include wet bars and entertainment systems. It also has a top-floor social club. » Sports fantasy gaming company Synkt Games secured a funding round for an undisclosed amount, led by Boca Raton-based New World Angels.

MIAMI BEACH — Financial technology startup Nymbus raised $12 million in an investment round led by shareholders of Vensure Enterprises, which is also based in Miami Beach.

MIAMI-DADE COUNTY — Commercial laundry and dry cleaning equipment, parts and service company EnviroStar will pay $28 million in cash and stock to acquire California- based Western State Design, which distributes and services coin-operated laundry products.

» An investment group led by ABS Partners Real Estate and Acre Valley Real Estate Capital paid $150 million for the two-tower, nearly 500,000-sq.-ft. Datran Center office complex, located in the Kendall area.

MIAMI GARDENS — A multi-year deal between on-demand ride service Uber and the Miami Dolphins has led to a designated Uber pick-up and drop-off areas at Hard Rock Stadium, as well as a turnkey game day tailgating service called UberTAILGATE. It is Uber’s first deal with a professional sports team that combines transportation and tailgating services. » Health care and commercial interiors company Cube Care will expand its manufacturing capabilities and add 20 employees to its current 24.

NORTH MIAMI — IMC Equity Group acquired the West Sunset Square retail center in the county’s West Kendall area, giving it ownership of more than $1 billion of real estate in Florida.

» Aventurabased Restaurant chain Benihana named Thomas J. Baldwin CEO and president, replacing Steven Shlemon. Baldwin was a Benihana board member and an adviser to the chain’s main investor.

» John A. Kanas, CEO of Miami Lakes-based BankUnited, will retire Jan. 1 and be replaced by current BankUnited COO Rajinder P. Singh. Kanas will remain chairman. Thomas M. Cornish, the bank’s current Florida region president, will replace Singh as COO.

» Larry K. Williams, CEO of Miami-Dade economic development partnership Beacon Council, left the organization to become president and CEO of the Technology Association of Georgia.

Mideast Buying

Total Mideast investment in Miami-Dade, Broward and Palm Beach counties from January 2015 to June 2016:

$517 million Total investment

No. 5 Most-popular U.S. investment location for Mideast buyers

No. 10 Most-popular in the world

Tags: Miami-Dade, International Trade

 

Florida Business News

Florida Trend Video Pick

Have the Florida Keys outgrown the Overseas Highway?
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The Overseas Highway has seen increased traffic as more visitors make their way down to the Florida Keys. Now, some are questioning whether the archipelago has outgrown the highway.

 

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