University of Miami Miller School’s NIH Funding Climbs

Maggie Ricciuti rides with UM officials & students in the Dolphins Cycling Challenge

Launched in 2010, the Dolphins Cycling Challenge (“DCC”) is a two-day tri-county charity cycling event. The purpose of the DCC is to increase cancer awareness, encourage healthy hobbies, and raise funds for the University of Miami Sylvester Comprehensive Cancer Center. In 2011, DCC II raised $1,070,000 for Sylvester, more than doubling the funds raised in the 2010 inaugural ride.  Again in 2012, DCC doubled in ridership and in fundraising.   The DCC presented a check for $2,200,000 to Sylvester Comprehensive Cancer Center on November 25th, 2012.

Rides begin in Miami-Dade at Sun Life Stadium, in Broward at Huizenga Plaza and in Palm Beach at CityPlace through the weekend.   Along each route, water stops will belocated approximately every 15-20 miles, with food, beverages, entertainment, restroom facilities, medical treatment and mechanical assistance available for riders.

Following DCC, Cyclists will be honored by the Miami Dolphins on at a select home game.  The check representing 100% of allrider raised funds will be presented to Sylvester Comprehensive Cancer Center in a pregame on-field ceremony on that day.

Birch Capital’s Bruce Ricciuti’s, daughter, Maggie (right of Sebastian the Ibis), 19 and a 2nd year student at the University of Miami, rode for her aunt whose ovarian cancer is now one year in remission.




Life Science Park Hosts Community Resource Fair

More than 30 organizations had a presence at the event. Residents received information on lung and heart health, asthma, and the dangers of smoking, as well as chair massages and spine and posture screenings.

Co-sponsored by UM, Miami Dade College and South Florida Workforce, the fair, through a virtual tour, also gave attendees a chance to learn more about R+D Building One, the first phase of UM’s ambitious LSTP, which is advancing Miami’s presence as a biotech hub.

The six-story, 252,000-square-foot facility houses wet and dry labs, offices, lab-ready development suites, and retail space. Involving UM’s Miller School of Medicine and College of Engineering, will foster collaboration among researchers, attract new ventures, and bring jobs to the area.

New Convention Center Needs Hotel

The Wilmington Convention Center, in Wilmington, North Carolina, recently opened and is a huge success.  Birch Capital has teamed with a developer to secure financing for a hotel adjacent to the convention center.  See the attached link for details from WWAY Channel 3 in Wilmington’s web site.

Fluxome signs lease at UMB BioPark

The Baltimore Business Journal reports Danish nutrition firm Fluxome takes space at Wexford Science + Technology’s UMB Biopark.  Birch Capital is working with Wexford to provide financing for Building 3 in the Park.

Miami Herald reports UM’s Life Science Park offers co-working space

The University of Miami Life Science & Technology Park is introducing co-working lab and office space aimed at fostering innovation among early-stage companies. The UM Park’s developer, Wexford Science & Technology, has selected Miami-based Right Space Management to operate and manage The Right Space Innovation Center, which will contain 40,000 square feet of shared office and lab space on the first and third floors of the UM Park’s first building.


BirchLEAF Miami 31 News, June 2012

BirchLEAF Miami 31 News, October 2011

UM Life Science & Technology Park Opening Ceremony

The University of Miami Life Science and Technology Park grand opening and and dedication ceremony took place September 20, 2011.  The event was well attended by University, elected officials and members of the community.  Following remarks by several speakers, guests had the opportunity to meet with tenants and learn about their operations as well take a tour of the building.  The attached presentation provides photos of the event as well as the building, along with links to the BirchLEAF web page for the ceremony and Channel 10 Miami news coverage.

Ben Cummings serves on EB-5 Panel

Ben Cummings served on the panel at an event hosted by Akerman Senterfitt, the Urban Land Institute and NYU Schack Institute of Real Estate to discuss foreign investment in U.S. real estate projects.  The event, held at the Cornell Club in Manhattan, focused on the EB-5 Foreign Investor program, an immigrant-investor visa category created to encourage foreign investment in the United States.


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