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Business Observer | Business Observer

    By
  • Business Observer Staff
  • August 19, 2011
Two Miami investor groups buy IHOPs

Two Miami area investors purchased IHOP restaurant buildings leased to Sunshine Restaurant Partners.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • August 19, 2011
Investor buys Naples Place, plans improvements

Laura Biggins of Jupiter purchased the 52-unit Naples Place apartment complex on Bayshore Drive between U.S. 41 and Thomasson Drive for $1.1 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • August 19, 2011
Wigglebutt Inn owner buys Pine Ridge retail building

Karen Paul purchased the 10,0000-square-foot former Haskell's Wine & Liquor building for $900,000.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • August 19, 2011
Health Care REIT buys Ridgelake hospital

Toledo, Ohio-based Health Care REIT Inc. purchased the 50,285-square-foot Hospital at Ridgelake for $22.5 million.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • August 19, 2011
Senior Housing Trust buys Lexington Manor

Newton, Mass.-based Senior Housing Properties Trust purchased the 82-unit Lexington Manor assisted-living facility for $12.33 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • August 19, 2011
Altman Cos. receives financing to start Alta­s at Grand Cypress

The Boca Raton-based Altman Cos. reports it has acquired construction financing of a $18.4 million loan through City National Bank of Florida with equity provided through Sarofim Realty Advisors and Altman to develop a 258-unit rental community in New Tampa.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • August 19, 2011
July unemployment at 10.7%

The state's official jobless rate is 10.7%, equivalent to last month's level.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • August 19, 2011
Naples offices sell for $6.5M

The sale of Countryside Commons is the largest office sale in Naples this year.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • August 19, 2011
Workers' comp rates may rise

The National Council on Compensation Insurance proposes an 8.9% hike.

  • News
    By
  • Business Observer Staff
  • August 19, 2011
Sykes buys back stock

The firm will buy 5 million shares, or 11%, of its outstanding stock.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • August 19, 2011
Construction regulators on the prowl

If the recession hasn't put you out of business, maybe the government will.

  • News
    By
  • Business Observer Staff
  • August 18, 2011
Sarasota home sales up in July

Both the number of homes sold and the median sale price increased in 2011.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • August 18, 2011
Fight for Cryo-Cell heats up

CEO Mercedes Walton and investor David Portnoy are fighting for control.

  • News
    By
  • Business Observer Staff
  • August 18, 2011
Tech Data sales up 18% to $6B

The Clearwater tech giant also saw operating income improve by 20%.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • August 18, 2011
Doral Oaks sells for $13.75M

A pair of brothers from California bought the Tempe Terrace apartments.

  • News
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