Announcements


Audry Ross Sells One Arvida Parkway - Highest Residential Sale in Miami Dade County History

We are pleased to announce that our partner Audrey Ross, Senior Vice President/Shareholder in Esslinger Wooten & Maxwell (EWM), has sold One Arvida Parkway, Gables Estates, Coral Gables, Florida for $26.85 million. This sale is the Highest Residential Sale in Miami Dade County History. We are proud that The Americas Group Real Estate, Inc. participated with  Audrey  on this transaction.

We look forward to assisting you with your Real Estate requirements as we deepen our involvement in this sector. Please give us a call or e-mail Audrey at  aross@miamirealestate.com if we  can assist you with your needs.

January 16, 2004

The Americas Group Sets Up A Real Estate Subsidiary The Americas Group Real Estate, Inc.

We are pleased to announce that we have established a wholly owned licensed real estate subsidary, The Americas Group Real Estate, Inc. This is part of our continuing efforts to offer diverse and comprehensive advisory and merchant banking services to our friends and clients.

We are now in a position to assist  you in finding solutions to your residential, multi-family, retail, commerical and indurstrial real estate  needs.  We look forward to the opportunity to demonstrate our new capabilities.

January 2, 2004

Ben Eisenberg Joins The Americas Group

We are pleased to annouce and welcome Ben Eisenberg, one of Miami's prominant commercial and industrial real estate specialists as the newest Partner of The Americas Group. Ben is a Senior Director of Cushman & Wakefield a division of the Rockefeller Group which is one of the largest commercial real estate services companies in the world with annual revenues in the $1 billion range. He concentrates his practice in the area of corporate representations for the leasing and acquisition of property and in the leasing and disposition of assets. This includes distribution and manufacturing facilities, build-to-suit transactions and investment sales.

Ben will be our partner responsible for providing our clients and friends comprehensive commercial real estate services and solutions as we continue our diversification and expansion into the Real Estate Sector. Ben and his firm have represented some of the most important and prestigious firms in the world . We look forward to introducing Ben and Cushman & Wakefield to you and to demonstrating our expanded real estate services capabilities. Please give us a call or contact us via e-mail if we can be of any asssistance in this area.

Thank you for your continued friendship, confidence and support!

December 31, 2003

Intelco Engages The Americas Group

We are proud to announce that The Americas Group has been engaged by Intelco (International Telecommunications Ltd.) of Belize to assist them in finding a strategic partner and to help them raise additional capital. In addition we will provide them with government relations and other consulting services and will generally act to support, promote and advance their initiatives and interests.

Intelco has been granted a full telecommunications license to compete against the incumbent monopoly company.  They are currently completing the building of their system utilizing all of the latest ATM and IP (Internet Protocol) technology.   Their service will include cellular, internet, international long distance, local long distance and local voice and video through a nation-wide wireless local loop telecom network covering all municipalities in Belize. The system is expected to be fully operational at the end of September.

Belize has been a very profitable market. The monopoly company last year earned $17 million in profits on sales of approximately $55 million.  Twenty percent of their business came from the Government of Belize. Our client, Intelco was recently awarded the exclusive contract to supply all of the telecommunication services to the Government of Belize for the next 15 years and is currently providing them with data and voice services in the capital city and over the next few months the service will be expanded to serve all Government offices throughout the country of Belize.

We appreciate the opportunity and look forward to the successful conclusion of this engagement. Thank you for your continued interest, support and friendship.  

September 12, 2003

Buffett Buys EWM, South Florida Realty Firm & Client of The Americas Group

Billionaire investor Warren Buffett entered the South Florida real estate market Tuesday when one of his companies purchased the Esslinger Wooten Maxwell (EWM) brokerage.The deal for an undisclosed price continues the reshaping of the real estate industry here, as a major independent brokerage cedes control to a national chain. Buffett's HomeServices of America is the country's second-largest brokerage and now will take on industry leader Coldwell Banker in Florida.

Coldwell, a division of Cendant, bought Wimbish-Riteway in October and Arvida Realty in April, setting off a consolidation trend that picked off two of the largest high-end and independent brokerages in South Florida. That left EWM as the top luxury brokerage not owned by a chain, a status that ended with Tuesday's announcement. While Coldwell folded the local brand into its own, the EWM name will survive the acquisition, a HomeServices spokesman said.

Buffett's investment company, Berkshire Hathaway, owns the Minnesota-based HomeServices, which is a subsidiary of energy company MidAmerican Energy Holdings (MEHC). Berkshire acquired MidAmerican in 2000 and in a letter to stockholders Buffett promised the unit access to his empire's deep pockets.

''Berkshire stands ready to inject massive amounts of money into MEHC,'' he wrote. Berkshire reported income of $4.2 billion last year.

Thank you for your continued friendship, confidence and support!

August 1, 2003