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Marco Island council candidates open door to assisted living facility during forum
Marco Island City Council candidates said Wednesday in an election forum that they would consider allowing the construction of an assisted living facility on the island. An earlier version of the project was voted down by City Council last year as some councilors said it was too big for the corner of San Marco Road and Heathwood Drive, where the NCH healthcare…
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Multifamily: An Unassailable Asset Class Develops Some Cracks
As a provider of joint venture and general partner equity, real estate investment firm RanchHarbor has been seeing an influx lately of multifamily investment opportunities presented by sponsors as value-add. However, upon a closer look at the underwriting, these deals do not actually fit the typical value-add investment profile, says Adam Deermount, co-founder and managing…
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Prospects for Filling Supreme Court Vacancy Before Election Day
The confirmation hearing for President Trump’s Supreme Court nominee Amy Coney Barrett is set to start next Monday, October 12. We interview Mark Chenoweth, Executive Director of the New Civil Liberties Alliance, on how the process might play out as well as Judge Barrett’s judicial approach. Watch the full interview TweetShareShare0 Shares
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High Court Won't Take Fresh Look At Chevron Deference
The U.S. Supreme Court on Monday declined to review a decision upholding reduced Medicaid reimbursement for children’s hospitals, turning away a chance to revisit the so-called Chevron deference — the longstanding practice of having judges defer to reasonable agency interpretations of ambiguous statutes. In a brief order, the high court voted not to scrutinize a…
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Biz Groups Weigh In On High Court Case Over FTC Restitution
Free-market think tanks urged the U.S. Supreme Court on Friday to curtail the Federal Trade Commission’s traditional reliance on monetary sanctions as a weapon against bad marketplace behavior, including consumer fraud and anti-competitive conduct. Justices will soon hear oral arguments in two paired cases from the Seventh and Ninth Circuits in order to tackle a…
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