Boca Raton
Coverage of Boca Raton in the Nexus archive.
- SBA Communications: Q2 Earnings Snapshot
SBA Communications Corp. reported second-quarter funds from operations of $3.03 per share, exceeding the average analyst estimate of $2.96. The company also posted revenue of $715.3 million, surpassing expectations of $703.4 million. It provided a full-year funds from operations guidance range of $11.91 to $12.36 per share.
- Top Eric Adams aide Frank Carone puts up lux Boca Raton pad to make bond on bribery charges – as phone shenanigans revealed
Frank Carone, a top advisor to Eric Adams, used his Florida mansion to secure a bond after being charged with fraud. Court documents revealed attempts by the individuals to avoid investigators.
- Cardone Capital’s Bitcoin-REIT Hybrid: Targeting 22-32% Returns by Blending Cash-Flowing Properties and BTC Holdings
Cardone Capital, led by real estate investor Grant Cardone, is blending Bitcoin with cash-flowing multifamily properties to create a hybrid investment strategy targeting 22-32% returns. The firm combines institutional-quality real estate assets with Bitcoin holdings in dedicated LLCs, as demonstrated by a $335 million Boca Raton property deal involving $235 million in cash and $100 million in Bitcoin.
- Broward BJ’s employee had illegal side hustle, cops say: Shipping stolen store goods across US
A BJ’s Wholesale Club employee, John Stevens, is facing charges for stealing and selling store merchandise between March and June, shipping stolen items across the US via the store’s UPS system. He was arrested by the Broward Sheriff’s Office and is charged with grand theft and dealing in stolen property, with losses estimated at $10,000.
- Arrest made in murder of South Florida insurance executive in midst of whistleblower suit
Arman Motiwalla, a 37-year-old insurance executive from Plantation, was murdered in the parking lot of his Boca Raton workplace on April 8. Willie Byrd, 42, of Boynton Beach, was arrested and linked to the crime through a vehicle and a note containing Motiwalla’s name and addresses. Motiwalla was involved in a whistleblower lawsuit against his former employer but authorities found no connection between the case and his killing.
- South Florida teacher sought to ‘bait’ students ‘into sending nude pictures,’ feds say
An FBI raid led to the arrest of South Florida teacher Patrick Conor Russell, who allegedly exchanged child sexual abuse material and discussed strategies to encourage students to send nude photos. Russell, who taught at Saint Andrew’s School in Boca Raton, admitted to engaging in inappropriate sexual conversations about minors and described methods to exploit students.
- Worker at swanky country club accused of using AI to create explicit photos of teen: police
Thomas Christopher Ball, a 49-year-old worker at Boca West Country Club in Florida, is accused of using AI to generate explicit photos of a 17-year-old coworker and threatening her with fake images. He faces three felony charges, including sending harmful material to a minor, and was arrested after a friend reported he sought a firearm to harm the victim.