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.