The Ferry Cap & Set Screw Co. complex, a significant but long-empty group of structures on the Scranton Peninsula in Cleveland’s Flats, has a new owner with a track record for residential apartment and townhouse projects. Through 2151 Scranton Acquisition LLC, Fairview Park-based WXZ Development Co. paid $900,000 to Scranton Averell Inc. of Cleveland on Friday, March …
Lee Zapis has invested in more than 20 companies since 2003, but he knows it takes more than just capital to build an outstanding business. That’s why Zapis Capital Group prefers to take an active role in its portfolio companies, providing strategic advice and resources in addition to equity investments. Read more…
Technology provider Futuri Media has jumped into the streaming ad sales arena with the launch of its own ad network and ad insertion services offering. The company’s freshly launched Futuri Ad Network is made up of inventory from client stations that use its Futuri Streaming and POST on-demand audio platform. Read more…
FUTURI MEDIA has consummated a wide-ranging deal with ALPHA MEDIA, empowering all 228 ALPHA MEDIA stations in 50 U.S. markets with multiple tools from FUTURI MEDIA’s audience engagement suite, which include access to podcasting system POST, customized ALEXA skills, and interactive features accessible in the ALEXA-enabled device market. Read more…
CLEVELAND HEIGHTS, Ohio – A 112-year-old mansion, built for a fastener magnate and occupied for decades by a private club, is set to return to its residential roots. WXZ Development aims to transform the historic home, at 2348 Overlook Road, and its carriage house into 14 high-end apartments. Plans for the $12.5 million project also include …
Historic Cleveland Heights mansion, long home to the College Club, eyed for apartments Read More »
Cleveland HeartLab has agreed to be acquired by Quest Diagnostics, a Fortune 500 medical testing company based in New Jersey. The deal should help the Cleveland Clinic spinout company accelerate its growth, said Cleveland HeartLab CEO Jake Orville. “We’re still a fraction of a fraction of what the real opportunity is,” Orville said, adding that he expects …
Cleveland HeartLab to be acquired by Quest Diagnostics Read More »
