Dual-branded hotel project to break ground

Wurzak Hotel Group and DoveHill will soon break ground on a dual-branded hotel north of downtown Fort Lauderdale. Bank of the Ozarks (NYSE: OZRK) awarded a $56.1 million, four-year construction loan to the developers for the 23-story project at 299 N. Federal Highway. The loan was brokered by Meridian Capital Group’s Ronnie Levine and Aggelos…

Equity One president to step down

Equity One President Thomas Caputo will step down on Dec. 31 when his employment agreement expires. The North Miami Beach- and New York-based retail real estate investment trust (NYSE: EQY) announced that it entered into an agreement with Caputo to provide consulting services to the company for $30,000 per month during 2017. He can’t accept…