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Englewood Florida Real Estate
Biggest bank startup gets state charter
Top executives with the Florida Office of Financial Regulation will present American Momentum Bank its official operating charter Wednesday. American Momentum is the largest startup in state banking history, with $100 million in capitalization. The bank plans to expand to all of Florida's major markets and already has offices under development in Tampa, St. Petersburg, Naples and Orlando. .
Business briefs for November 25
Ever wonder why Baton Rouge ranks so low — or so high — in the quality of life indexes published by think tanks, magazines and economic development groups? On Tuesday, the Baton Rouge Area Chamber will take a look at how the Baton Rouge area stacks up against other regions. Mike Odom, the chamber’s senior vice president for marketing, said Tuesday’s noon luncheon at Boudreaux’s also will address what must happen for Baton Rouge to climb in the estimation of its peers, site selectors, visitors and others who shape public opinion.Registration is required for the Economic Entrée event at http://www.brchamber.org. Click on "Upcoming Events." BR group wins national award A Baton Rouge industry group has won a national safety award for its focus on good practices in the construction arena from the Construction Users Roundtable.
American Realty Advisors Provides Mortgage Financing for St. Johns ...
GLENDALE, CA -- (MARKET WIRE) -- November 16, 2006 -- American Realty Advisors announced today the funding of a loan to finance St. Johns Town Center North, a brand new Class A community shopping center located at the interchange of I-295 and J. Turner Butler Boulevard, at the hub of Jacksonville's high-end retail, office and residential developments. The Property encompasses 98,900 square feet and is located adjacent to the existing St. Johns Town Center, a newly built, mixed-use development. Anchored by one of Florida's dominant grocers, the Property also has three out-parcels ground leased to Sun Trust, AmSouth, and Applebee's. The transaction was executed on behalf of one of American's commingled real estate funds. .
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