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First American Bank Purchases New Hialeah Branch Location for $6.5 Million

First American Bank will relocate its current Hialeah branch to 1435 W. 49th St. in Hialeah after purchasing the strip mall. The privately held, full-service bank with more than $6 billion in assets serves the Miami, Tampa, Chicago and Milwaukee metropolitan areas. As First American Bank continues to expand, the new location, slated to open in 2024, will provide more room for staff and clients, as well as expanded technology and a drive-thru.

“South Florida is full of entrepreneurs and innovators, which directly contributes to the thriving business community we have here,” Brian Hagan says, Florida Market President at First American Bank. “At a time when most banks are leasing, we chose to purchase the future home of our Hialeah branch because we believe in the vibrant business community that resides here, and we will continue to provide the necessary tools, services and increased lending solutions this client base needs. We’re here to stay.”

First American Bank acquired its current Hialeah branch at 611 W. 49th St., through a 2019 merger with Continental National Bank—Miami’s first Cuban American-owned national bank. After outgrowing the existing location, the new site, just minutes away, construction plans in development will include a 3,000 to 5,000 square-foot branch.

“Since entering the market back in 2014, with the acquisition of The Bank of Coral Gables, we have continued to grow our South Florida footprint under Brian’s leadership,” Thomas Wells says, CEO of First American Bank Today, we have grown to six branches located throughout South Florida and we look forward to continued expansion.”

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Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.