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February 11, 2017 Newswires
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MIAMI-DADE: Business Briefs

Florida Trend

AVENTURA - ESG Capital plans to acquire the 18-acre Jungle Island wildlife park and attraction in Miami, assuming $28.8 million in debt and paying a lease transfer fee to Miami-Dade County. The company also sold five Florida charter schools it owned to Portland, Ore.based Charter School Capital for $71.74 million. * Bank Hapoalim, which is based in Israel, is selling its Aventura-based private banking business to Safra National Bank of New York. Bank Hapoalim has not decided whether it will close its Aventura branch.

CORAL GABLES - Spanishlanguage media company Hemisphere Media Group will acquire the license to operate Colombian national broadcast television network Canal Uno, in partnership with Colombiabased Radio Television Interamericana, Compania de Medios de Información and NTC Nacional de Television y Communicaciones. The partnership should take over operation of the network in May.

DORAL - Carnival's Princess Cruises pleaded guilty to felony charges of polluting the ocean and trying to cover it up. It will pay a $40-million fine - the largest ever for such charges.

MIAMI - Attendance at Art Basel held steady last year at 77,000, unchanged from 2015. Art Miami and CONTEXT attendance fell 500 to 78,500. Art Miami and CONTEXT will move from their current site in Midtown, where Art Miami has been for 10 years, to a 14-acre Biscayne Bayfront lot owned by Genting Group's Resorts World Miami. * Cloud-based medical practice management platform CareCloud completed a $31.5-million round of funding that includes investments by the PNC Financial Services Group, First Data and Blue Cloud Ventures. * Real estate developer Tony Cho of Metro 1 and Silicon Valley investor Bob Zangrillo (of Dragon Global), through a partnership called Cho Dragon, announced plans for a 15-acre mixed-use innovation district development in the Little Haiti neighborhood. Magic City's first phase will include a sculpture garden, 30,000-sq.-ft. Magic City Studios and 15,000-sq.-ft. factory innovation center. * A company headed by Spanish billionaire Amancio Ortega (head of the Zara chain) purchased the 55-story, 1,2-million-sq.-ft. Southeast Financial Center office building downtown for $516.6 million in the largest real estate transaction in the county last year. * Two industrial designers broke ground in Wynwood for the Miami College of Design, which will be the state's first accredited college solely for industrial design; it is scheduled to open next fall.

MIAMI BEACH - The U.S. Securities and Exchange Commission filed fraud charges against Alberto Chang-Rajii, CEO of Miami Beach-based Onix Capital and Chilean company Grupo Arcano.

MONROE COUNTY - The county is examining the costs of raising roads to deal with the impact of rising sea levels.

NORTH MIAMI BEACH - CK Prive Group plans a 5.1-acre development called Uptown 163 with three apartment towers, a hotel, offices and retail.

SOUTH FLORIDA - Norwegian Cruise Line Holdings and Royal Caribbean Cruises received permission from the Cuban government to sail to the island.

SOUTH MIAMI - Baptist Health South Florida will pay $12 million to settle allegations that a physician performed improper and medically unnecessary tests and procedures on patients at South Miami Hospital and submitted false claims for the procedures to Medicare and other federally funded health care programs.

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