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Business Observer | Business Observer

    By
  • Elizabeth King
  • August 15, 2024
Lakewood Ranch tech conglomerate makes $1.6B acquisition

Roper Technologies plans to acquire Transact Campus and integrate it with an existing software subsidiary.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • August 14, 2024
Polk County apartments get $69 million refinancing

The apartment community in Davenport was completed in 2022 and a second phase with more than 300 units is set to be complete later this year.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • August 14, 2024
Bankrupt flooring company closing 2 stores in region

LL Flooring, which declared Chapter 11 bankruptcy, will close locations in Clearwater and Tampa.

  • Tampa Bay-Lakeland
    By
  • Mark Gordon
  • August 14, 2024
Snack company hits $100M in Florida sales, targets market share

Utz Brands bought a series of routes that include Fort Myers and Naples.

  • Charlotte–Lee–Collier
    By
  • Laura Lyon
  • August 14, 2024
Tampa man gets three years in prison for Covid-era wire fraud

He received his sentence after being convicted in May.

  • Tampa Bay-Lakeland
    By
  • Jay Heater
  • August 14, 2024
Lakewood Ranch area sees uptick in high-end home listings

A $7 million home in The Concession, nicknamed the Magnolia Estate, is the latest listing that will draw international attention.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • August 13, 2024
Vinik to expand Lightning ownership, team worth 'close to $2 billion'

Jeff Vinik is in talks to grow the Tampa Bay Lightning’s ownership group but has no immediate intentions to step away from-day-to-day operations.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • August 13, 2024
Naples construction firm buys area remodeling business for $2M

The Henning Company in Naples has picked up Residential Maintenance Solutions and will merge it to create a new operation.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • August 13, 2024
Breeze adds Connecticut flights to Sarasota, Fort Myers

Breeze Airways is adding routes to southwest Florida from New Haven, Connecticut.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • August 13, 2024
Long-serving president of Florida Southern College retires

The incoming president will kick off the fall semester.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • August 13, 2024
Michael Saunders & Co. buys land for south Sarasota County office

The real estate company plans to construct an office and a building for lease in Wellen Park.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • August 12, 2024
Florida Supreme Court rejects bankers' request in funding dispute

The state's bankers’ association says that despite this latest setback, it will continue pushing to change the current IOTA rule approved last year.

  • Florida
    By
  • Elizabeth King
  • August 12, 2024
Broker: $2.3M Sarasota complex sale shows 'market stabilization'

The Class B and C multifamily sector should "continue to stabilize," says Sean Dreznin, agent and partner in Dreznin Pappas Commercial Real Estate.

  • Manatee-Sarasota
    By
  • Elizabeth King
  • August 12, 2024
Big Lots to close 6 stores in region

After losses due to declines in consumer spending, Big Lots is shuttering some stores from Port Richey to Naples.

  • Florida
    By
  • Laura Lyon
  • August 12, 2024
Tampa bitcoin company gets $5.6M loan to buy Texas mining facility

LM Funding, a bitcoin-mining company based in Tampa, announced a letter of intent to purchase a mining facility in Texas after securing a $5.6 million loan last week.

  • Tampa Bay-Lakeland
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