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Business Observer | Business Observer

    By
  • Mark Gordon
  • January 18, 2024
Marriott picks Fort Myers to debut low-cost extended-stay brand

$23 billion global hospitality brand zeroes in on Southwest Florida for growth, demographics and more.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • January 17, 2024
Prosecutor: 77 indicted, millions seized locally for COVID scams

The U.S. Attorney for the Middle District says his office and the relief task force it works with will “continues to pursue, investigate, prosecute and recover money.”

  • Tampa Bay-Lakeland
    By
  • Jim Stinson
  • January 17, 2024
Tampa Bay health care school adds two board members

Ultimate Medical Academy, a nonprofit higher education institution that trains students in health care, has added two board members, Karen Jones and Shelley Wells Collins.

  • Tampa Bay-Lakeland
    By
  • Jim Stinson
  • January 17, 2024
Masonite terminates $3B acquisition deal with PGT Innovations

A $3 billion acquisition deal, one of the largest deals in Gulf Coast business history, has been scuttled.

  • Manatee-Sarasota
    By
  • Mark Gordon
  • January 17, 2024
Bealls CEO tackles new role: Podcast host

Matt Beall, CEO and chairman of the board at Bradenton-based retailer Bealls Inc., recently launched two podcasts where he is the host.

  • Manatee-Sarasota
    By
  • Jim Stinson
  • January 16, 2024
Construction giant names VP to run Tampa, Southeast market

Ryan Cos. U.S., a national commercial real estate company, names Brad Hill vice president of construction operations in the Southeast region.

  • Tampa Bay-Lakeland
    By
  • Jim Stinson
  • January 16, 2024
Tampa company invests over $1M in Bitcoin mining machines

Looking to increase its rate of speed in Bitcoin mining, LM Funding America will purchase 300 Bitmain S21 computing machines for $1.1 million.

  • Tampa Bay-Lakeland
    By
  • Mark Gordon
  • January 16, 2024
Sarasota builder promotes leader to board of directors, VP post

Magnum Builders of Sarasota recently promoted executive Ralph Abela to the role of vice president and appointed him to the company’s board of directors.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • January 16, 2024
Benderson spends $70M on acquisitions in Sarasota, Sumter counties

Manatee-based Benderson Development bought a 95,000-square-foot Sarasota shopping center and 3,400 acres in Sumter County.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • January 15, 2024
Tampa Convention Center nominated for city awards

The downtown space could be honored for its $44.5 million improvement project completed over the summer.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • January 15, 2024
St. Pete bank expands services in historic Sarasota neighborhood

BayFirst National Bank has transformed a loan office in Sarasota's Newtown into a full-service center.

  • Manatee-Sarasota
    By
  • Mark Gordon
  • January 15, 2024
Lakeland ad agency names first-ever COO and top strategy officer

Curious Jane, a Lakeland-based ad agency for franchise brands, announced a chief operating officer and a chief strategy officer.

  • Tampa Bay-Lakeland
    By
  • Mark Gordon
  • January 15, 2024
Former Sarasota chamber CEO to run for hospital board seat

Kevin Cooper, a well-known advocate for businesses and nonprofits in Sarasota and former U.S. Army sergeant, has filed to run for the Sarasota Memorial Hospital Board.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • January 14, 2024
Tampa hotel completes $21 million expansion

In the week's top commercial real estate news, a Sarasota tower is rejected, a Miami law firms opens in Tampa, and Port Charlotte is getting a new restaurant and bar.

  • Florida
    By
  • Louis Llovio
  • January 13, 2024
Lakewood Ranch 'masterpiece for luxury living' home sells for $6.3 million

The sale of the home in The Lake Club subdivision is among the biggest in the community's history.

  • Manatee-Sarasota
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