Succession: Coastal Construction’s Thomas P Murphy Jr passes reins to his sons
Thomas P. Murphy Jr., the founder and longtime head of the luxury builder powerhouse Coastal Construction, is passing the reins to his sons. Murphy, who founded the Miami-based construction firm in 1988, tapped his sons Sean and Thomas C. Murphy to lead the company as co-CEOs, according to a news release. Thomas P. Murphy will stay on as chairman of the executive board. His third son, the former U.S. Rep. Patrick Murphy, joined the family business as chief investment officer after losing a run for U.S. Senate to Marco Rubio. Sean and Thomas C. Murphy started their careers with Coastal […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
The verification layer financial systems forgot to build
Just don’t: Why AI-generated marketing content is a regulatory minefield for mortgage lenders
Many older Americans stuck in homes that no longer fit
Brooklyn Loft Inside 1865 Civil War Munitions Foundry Lists for $2.1 Million—Complete With Converted Smokestack Fireplace
“Reckless”: George Pino breaks down at start of his manslaughter trial over 2022 boat crash
Miami-Dade Invokes Eminent Domain To Seize Land on Ultraexclusive Fisher Island
South Florida’s top deals: Finance exec sells Surf Club condo for $27M
Class Valuation adds Makena InstaPlan ahead of UAD 3.6 shift
May rent trends run sideways as multifamily supply stays strong
Mortgage and real estate battle for the top of the funnel
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131