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We Insure Group buys Southbank property for new headquarters | Jax Daily Record | Jacksonville Daily Record


CenterState Bank financed the deal for almost $2.36 million, according to two mortgages executed Dec. 21
The Dec. 21 sale and mortgages were recorded Dec. 28 with the Duval County Clerk of Courts.
The 12,000-square-foot building, built in 1954, occupies 1 acre at 1430 Prudential Drive. It has 43 parking spaces, according to a brochure that shows the property was listed for $2.2 million.
An American Cancer Society spokesman said Dec. 29 the group continues its mission in Jacksonville.
Our facility and workspace needs have changed significantly as we have become a largely virtual workforce at the American Cancer Society. We remain active in Jacksonville through our home-based staff and large network of community volunteers, said Chris Green, vice president of regional communications and marketing with the American Cancer Society Inc. Southeast Region. ....

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SouthState Bank Expands Commercial Banking Team - News


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SouthState Bank Expands Commercial Banking Team
December 24, 2020, 08:35 AM
SouthState Bank announced the addition of a Jacksonville, FL.-based Middle Market Banking team, as well as the expansion of its Commercial Banking talent across the company s six-state footprint.
The SouthState and CenterState Bank merger of equals created a leading regional bank in the Southeast, said Mark Thompson, President, Southern Banking Group. Having a team of experienced Middle Market bankers based in Jacksonville, the largest city in Florida, and in the Southeastern U.S., enables us to deliver top-tier products and services to meet the unique needs of commercial middle market companies. ....

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Horse Fever 20/20: Fourth public art event launches in Marion County


Fifteen majestic statues, all six-foot-tall milky white fiberglass horses, were the center of attention on Thursday as dozens of people scurried around a large warehouse in Ocala with excitement that the fourth Horse Fever event in 20 years was finally kicking off.
These unfinished naked horses, as event organizers called them, will become masterpieces and placed on display during most of March for the community to enjoy. Then, the owners will designate where they will go to pasture.
Many mask-wearing dignitaries, artists and patrons walked around a small section of Transformco s mammoth warehouse, once Ocala s Kmart Distribution Center, to chat about Horse Fever 20/20. ....

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Inverness native, longtime banker, Rocky Hensley to retire from Brannen Banks Dec. 31


About six years ago, Rocky Hensley went to visit his longtime friend Joe Brannen, chairman and CEO of Brannen Bank.
The men had grown up together in Inverness, went to the same school that had 300 kids in the seventh through 12th grade, played ball together.
However, even though they were both career bankers, they had never worked together.
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It was a Monday morning and Hensley had just lost his job at CenterState Bank on Friday after that bank closed its retail branch operation, eliminating Hensley’s position.
“We sat down together — me, Matt (Brannen), Joe and George (Brannen) — and I told them what had happened,” Hensley said. “One of them asked, ‘Why haven’t you ever worked for us before?’ and I said, ‘You never asked.’ They said, ‘You never applied,’ and I said, ‘Well, I’m applying now.’” ....

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County accepts $20 million loan for Sheriff's Operations Center


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The use of the loan prevents the county from having to seek a referendum to raise money, County Administrator Jerry Cameron said.
The Flagler County Commission voted at its Dec. 14 meeting to approve a $20 million loan with Centerstate Bank for the construction of a Sheriff’s Operations Center complex on Commerce Parkway in Bunnell.
The 15-year loan has a 1.83% fixed interest rate, said Jay Glover, the county’s financial advisor.
It can be repaid early without penalty after the first five years. Early repayment in the first five years would cost a 1% premium.
The Centerstate Bank bid was not the lowest of the six bids the county received: That would have been the proposal from Capital Bank, with a 1.68% interest rate. ....

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