A first glance at mayoral candidate Gary Price’s second campaign finance report submission covering donations from January 13th to January 26th suggests that only 6 of the 39 contributors are involved in the Real Estate Industry.
A closer look however reveals a very different story with as many as 21 of the 39 with ties to the Real Estate Industry.
Additional research on contributors that were listed as a “financial company”, a “restaurant company”, an “equities contributor”, a “money management firm”, a “bridge construction company”, an “investment company” and/or as “retired” etc…indicates that they all have ties to the real estate investor, developer and/or real estate industry in general. Examples include:
Continental Equities, is listed a an “equities company” - this firm is “an asset management and real estate development, construction, brokerage and finance company”.
Industrial Equities is listed as an “equities firm” on the campaign finance report. Industrial Equities is “a privately held full service Commercial Real Estate Development, Investment, and Management Company”
Manhattan Road & Bridge, based in Tulsa OK, is listed as a “bridge construction” contractor on the campaign finance report- this firm is a subsidiary of Manhattan Construction, a privately held Construction Company that has been involved in many projects in the City of Naples.
One has to wonder--- Why the apparent effort to “camouflage” more Developer and Real Estate Campaign Contributions?
The amount of developer and special interest money raised by Mayoral Candidate Gary Price is unprecedented.
Gary Price continues to claim he will “fight against overdevelopment”—but can we trust him to have the interests of our residents at heart when so much of his enormous campaign fund comes directly from for-profit developers, real estate related and/or special interest groups/individuals?