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News releases from South Florida Business Journal

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Insurance giant Cigna to acquire South Florida's telehealth unicorn MDLive
The Broward firm is among a handful of Florida-based companies with valuations of $1 billion or more, making it a "unicorn." 
Tags Health Care Technology Insurance
From Business Journals
Kreps merges with BrandStar after split with longtime business partner
This follows Israel Kreps splitting his PR business from long-time partner Sissy DeMaria-Koehne in January. 
Tags Mark Alfieri Mergers and Acquisitions BrandStar
From Business Journals
Firm of London real estate executive buys Four Seasons condo for $11M
The buyer was previously a top executive at Morgan Stanley Real Estate. 
Tags Thomas Keller Residential Real Estate Greenoak Real Estate Advisors LP
From Business Journals
Miami-Dade launches CEO ambassador program with Manny Medina, Marcelo Claure, Jorge Pérez to boost business relocations
The ReNew305 program aims to position the county for its post-pandemic economic future. 
Tags Manny Medina Technology Government & Regulations
From Business Journals
With international tourism down, incentive travel emerges as a growing opportunity for South Florida hotels
Fortune 500 companies that would typically send employees to international destinations as part of their job perk offerings could instead look to South Florida destinations. 
Tags Fort Lauderdale Marriott Harbor Beach Resort & Spa Coronavirus Etherio Group
From Business Journals
Zillow Offers will pay cash for South Florida homes based on 'Zestimate'
South Florida has an extremely competitive market for homebuyers and prices are rising fast. 
Tags Zillow, Inc/ Residential Real Estate Jeremy Wacksman
From Business Journals
Federal agency sues Solé Miami hotel for religious discrimination
The U.S. Equal Employment Opportunity Commission alleges that the oceanside hotel violated Title VII of the Civil Right Act. 
Tags Recruiting & Hiring Career & Workplace Robert Weisberg
From Business Journals
Jet Support Services Chair buys Fort Lauderdale mansion for $14M, plus condo (Photos)
The home has two bars and an 8-car garage. 
Tags Robert H/ Book Robert Bacon Amy Ann Book
From Business Journals
Two South Florida businesses file for bankruptcy, including private jet charter company
This week in Miami business bankruptcies include My FL Management LLC and Air Flight Inc.. For the year, Miami has recorded 23 business bankruptcy filings. 
Tags Banking & Financial Services
From Business Journals
Whitman Lazenby, leader of Bal Harbour Shops, buys Miami Beach mansion for $17M (Ohotos)
An elevator, a fountain and a large terrace are among the mansion's many amenities. 
Tags Residential Real Estate Robert A/ Lazenby Jennifer Suleman
From Business Journals
Former CEO sells Fort Lauderdale mansion for $17M (Photos)
The mansion also has a club room. 
Tags Rachel Alexander Florida Luxurious Properties, LLC Residential Real Estate
From Business Journals
Bill seeks to end 'beggar-thy-neighbor' approach to luring companies away from Florida
A proposed policy aims to create an agreement between multiple states that prevents them from using economic incentives to lure jobs away from each other. 
Tags Kelly Smallridge Government & Regulations Anna Eskamani
From Business Journals
Chewy board member buys pair of Miami Beach penthouses for $23M
This financial executive's trust now owns two rooftop pools. 
Tags Constantin Gorges Linden Nelson ONE Sotheby's International Realty
From Business Journals
Boca Lago Country Club owner seeks rezoning to allow hotel project
However, city staff does not recommend that this project move forward. 
Tags Travel Steven Danza Boca Lago
From Business Journals
Ritz-Carlton penthouse in Miami Beach sells for $15M
The penthouse has a private pool. 
Tags Residential Real Estate
From Business Journals
Knight Foundation invests $15M to boost Miami's tech talent, innovation
Florida International University will receive the lion's share of the investment to create the Knight Foundation School of Computing and Information Sciences. 
Tags Florida International University Philanthropy & Nonprofits Biotech
From Business Journals
Brightline nears halfway mark on Orlando expansion
The rail company also is studying a potential shared connection with Central Florida's SunRail to the airport. 
Tags Logistics & Transportation Michael Cegelis Mayra Uribe
From Business Journals
Venezuelan media executive sells South Beach condo with sunrise terraces, wine vault for $15M (Photos)
In addition to its two sunrise terraces, the condo has a sunset terrace as well. 
Tags Laura Roxanna Garcia Anirays Camino Steven G/
From Business Journals
Carnival Corp. announces $1B common stock offering to stay afloat
The largest cruise company in the world burned about $600 million in cash in the first quarter as its ships remained idle. 
Tags Coronavirus Travel Travel & Tourism
From Business Journals
Custom homebuilder Stock Development affiliate buys Palm Beach home lot for $34M
The property was previously owned by a billionaire. 
Tags Panattoni Development Co/ Brian K/ Stock Mary Jane Panattoni
From Business Journals
Union files lawsuit against Spirit Airlines
The dispute is over the company's announcement of a new flight control office. 
Tags Travel Aviation Travel & Tourism
From Business Journals
Norwegian Air subsidiary files Chapter 7 bankruptcy, lays off South Florida workers
The company's bankruptcy comes after nearly a year of turbulence for the airline industry caused by the pandemic. 
Tags Aviation Norwegian Air Allen Pegg
From Business Journals
Family of Bal Harbour Shops founder sells mansion with steam room, dock with boat lift for $12M (Photos)
The sellers recently added a second floor to the property's guest house. 
Tags Andi Greenwald Stanley Whitman Gwen Whitman Lazenby
From Business Journals
Manny Medina's Cyxtera to merge with public company in $3.4B deal
The deal is expected to close in mid-2021. 
Tags Technology Jeff Smith Nelson Fonseca
From Business Journals
Private equity exec, fashion designer buy Miami Beach lot from CEO for $11M
A home at this property could measure over 20,000 square feet. 
Tags Douglas Elliman of Li, LLC Fogo DE Chao, Inc/ Oren Alexander
From Business Journals
Nearpod to be acquired for $650M
This edtech firm grew significantly in the wake of the pandemic. 
Tags Startups Renaissance Learning Inc/ Nearpod Inc/
From Business Journals
After IPO, Motorsport Games will acquire go-kart racing video game company
Just a month after Motorsport Games completed a $60 million IPO to fuel its expansion, the Miami company announced an acquisition. 
Tags Zach Griffin Technology Motorsport Games Inc/
From Business Journals
Quality Inn & Suites in Hollywood sells for $11.4M
The property traded at a discount from what it last sold for 15 years ago. 
Tags Travelers Hotel Group LLC Travel Michael Daniel
From Business Journals
South Florida homes quickly become more expensive as inventory shrinks
Luxury home sales are surging, but rising prices could worsen the affordability challenge. 
Tags Karen Johnson Florida Realtors Brad O'Connor
From Business Journals
Family sells Palm Beach oceanfront home for $11M after 44 years
The buyer shares the same address as a venture capital firm. 
Tags Residential Real Estate Caerus Ventures Brodi Jackson
From Business Journals
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