Tuesday, October 30, 2018

These are the biggest RE donors to House of Representatives candidates in SoFla

Debbie Wasserman Schultz, Joe Kaufman, Debbie Mucarsel-Powell, Carlos Curbelo, Donna Shalala and Maria Elvira Salazar

As South Florida voters head to the polls on Tuesday, Nov. 6, they’ll be met with an array of candidates from both sides of the aisle with platforms impacting a variety of real estate issues.

Candidates for the U.S. House of Representatives, who include Donna Shalala, Carlos Curbelo and Debbie Wasserman Schultz, scored donations from big names in real estate, like Warren Buffett, developers Armando Codina and Stuart Miller, and hedge fund titan Daniel Loeb, federal data shows.

Most of those candidates have lightly touched on issues affecting the industry like climate change and affordable housing. But some, like Curbelo, have backed proposed legislation that could benefit luxury condo developers – of which there are plenty in South Florida.

The Real Deal dug into those databases to learn who South Florida’s most prominent figures in real estate are supporting, considering only contributions of $1,000 or more as of mid-October from figures known in the local industry.

TRD’s list of donors and donations is not comprehensive and includes donations to political action committees and political party committees, which explains why some totals exceed the limits that individuals can contribute. Individuals are maxed out at $2,700 per election to a federal candidate or the candidate’s campaign committee. But they can also give up to $5,000 to a political action committee. In Florida, individuals are capped at $3,000 to a candidate for statewide office, according to the Division of Elections.

U.S. House of Representatives District 23

Debbie Wasserman Schultz

Democrat

Lives in: Weston

Net worth: $107,000 as of 2015

Campaign war chest: $1.9 million

Biggest Donors in Real Estate:

— Alan Lieberman, owner of South Beach Hotel Group, $10,400

— Sheryl Tishman, wife of Daniel Tishman, $5,400

— Alan Ginsburg of the CED Companies, $5,400

— Paul Kukuruza, managing director of Paloma Partners, $5,400

— Charles Abele, chairman and CEO of Gold Coast Florida Regional Center, $5,000

— Chris Korge, partner at the Americas Group, $2,700

— Daniel Tishman, principal and vice chairman of Tishman, $2,700

Real Estate Issues on the Campaign Trail:

Wasserman Schultz, a moderate Democrat in Congress, voted against the Economic Growth, Regulatory Relief and Consumer Protection Act, legislation that exempts some banks from the Dodd-Frank Wall Street Reform and Consumer Protection Act. She also voted against the Tax Cuts and Jobs Act in December 2017.

U.S. House of Representatives District 23

Joe Kaufman

Republican

Lives in: Tamarac

Net worth: Not available

Campaign war chest: Kaufman has about $250,800 in cash on hand, plus debts of $89,900, primarily from his unsuccessful 2012, 2014 and 2016 campaigns for Congress.

The former University of Miami president has ties to housing. She was assistant secretary for policy development and research at the U.S. Department of Housing and Urban Development, and before that was on the board of Lennar Corp. On the environment, her platform includes investing in clean energy infrastructure, encouraging the installation of solar panels in homes and tightening efficiency standards.



from The Real Deal Miami https://therealdeal.com/miami/2018/10/30/these-are-the-biggest-re-donors-to-house-of-representatives-candidates-in-sofla/
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