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
Tribal knowledge built this business. It can’t carry it.
The timing tax: How America’s rent calendar punishes the workers it should protect
Why your best agents leave (and the conversations you should be having now)
How much will mortgage rates fall with the Iran deal and Fed week?
Inside the Biggest Celebrity Real Estate Dramas—From Ivanka and Jared’s $1.4 Billion Resort Uproar to Katy Perry’s Montecito Mansion Fight
The $5,000 Hidden Summer Fee Owners of Older Homes Forget To Budget For
Louisville Sees 33% Surge in Homes on Market as Sellers Flood Back In
South Florida Dirt: Inside the first week of broker George Pino’s trial
Glass-Walled House Perched on a Giant Lakeside Rock Makes It Feel Like You’re ‘Living in the Water’
Why the Luxury Golf Club Lifestyle Has Become the Ultimate Real Estate Status Symbol
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131