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MG3 Group Sells Eight Florida Charter Schools for $242M


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MG3 Group executives (from top) Marcelo Saiegh, Hernan Leonoff and Gustavo Bogomolni with Everglades Preparatory Academy and Avant Garde Academy (MG3 Group)
An Aventura-based charter school developer sold two South Florida campuses for $78.1 million, as part of a $242 million portfolio deal for eight schools throughout the state.
MG3 Group, led by Marcelo Saiegh, Hernan Leonoff and Gustavo Bogomolni, sold the schools to nonprofit Educational Growth Fund, according to a press release.
Fort Lauderdale-based Educational Growth Fund is managed by Hugh Jarrett, Dru Damico, Taylor Smith, Sherilynn Moore and Albert Fioravanti, according to state corporate records.
The deal included the sale of Everglades Preparatory Academy middle school at 2251 Mowry Drive in Homestead for $27.2 million, and the sale of Avant Garde Academy at 2025 McKinley Street in Hollywood for $50.4 million. ....

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Wayne County construction season blossoms


Wayne County road projects
The Wayne County Engineer’s Office will service over 135 miles of county roads this year. It also plans to replace nine large culverts. Projects currently disrupting traffic are on Dalton Fox Lake Road and South Elyria Road.
Dalton Fox Lake Road (County Road 32) between Church Road and Burkhard Road
Project: Culvert replacement
Time frame: 30 days
Detour: Traveling on Church Road, turn north onto state Route 94 then east onto Burton City Road. Reverse the directions for the opposite route of travel.
South Elyria Road (County Road 149) between state Routes 226 and 3
Project: Culvert replacement
Time frame: 14 days
Detour: Traveling on state Route 226, turn north onto North Main Street, which turns into Jefferson Road, then turn west onto Millbrook Road. Traveling on state Route 3, turn onto South Elyria Road then turn east onto Millbrook Road. Next, turn south onto Jefferson Road, which turns into North Main Street in ....

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