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Business Observer | Business Observer

    By
  • Elizabeth King
  • May 6, 2025
Penthouse at Ritz-Carlton Residences, Sarasota Bay, lists for $12.6M

While the condominium is still being built, the developer put a luxury penthouse on the market.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • May 6, 2025
Report: New Tampa, Fort Myers apartments are shrinking

As apartments grow across the country, those in six of eight Florida cities studied got smaller in the past 10 years.

  • Florida
    By
  • Lesley Dwyer
  • May 5, 2025
Former Manatee administrator, AeroVanti CEO facing new charges

The charges against Scott Hopes have been updated after his legal team argued original charges were not specific enough.

  • Manatee-Sarasota
    By
  • Lesley Dwyer
  • May 5, 2025
Manatee County considers buying $23.5M building out east

Staff is proposing to move the administration building to Lakewood Ranch.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • May 5, 2025
Tampa student housing community owner obtains nearly $100M loan

The New York owner of the complex near the University of Tampa financed the property after completing the work last year.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • May 5, 2025
Report: Cities in Sarasota, Lee lead nation in new apartment permits

As the number permits issued for multifamily units fall nationwide, the Gulf Coast metro areas continue to be active.

  • Florida
    By
  • Elizabeth King
  • May 5, 2025
Sarasota luxury condo project marks two milestones

The Owen was topped off recently, and a new sales gallery is opening to market the condos on Golden Gate Point.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • May 5, 2025
Lakeland man sentenced for COVID fraud, ordered to pay $370K

The money was funneled through an auto parts business.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • May 4, 2025
As neighbors keep fighting, Captiva’s South Seas plans grand reopening

In the week's top commercial real estate news, affordable housing units are coming to North Port, Tampa issues RFPs to redevelop a portion of its downtown, and a replica of the Oval office can be yours.

  • Florida
    By
  • Elizabeth King
  • May 3, 2025
Animal ER of University Park moves to bigger facility, adds 24/7 service

The emergency veterinary care clinic grew its staff and made capital investments along with relocating into a larger space.

  • Manatee-Sarasota
    By
  • Elizabeth King
  • May 2, 2025
Venice aviation repair company acquired for $50M

Turbine Weld Industries of Venice was acquired by VSE Corporation of Miramar.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • May 2, 2025
Paris manufacturer with Tampa subsidiary raises $39M in funding

SafeHeal, a medical device company, received financing from investor Solar Eclipse, new investors Gideon Strategic Partners and M&L Healthcare, part of M&L Group and returning investors Sofinnova Partners.

  • Tampa Bay-Lakeland
    By
  • Laura Lyon
  • May 2, 2025
Investment firm hits 50K-home benchmark with Tampa multifamily complex

S2 Capital intends to upgrade a 36-year-old community in Tampa that it just bought.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • May 1, 2025
Fate of Fort Myers Beach flood insurance rating and discount still unknown

FEMA will remove the barrier island’s probation in November, saving residents $50, but a much bigger 25% flood insurance discount is still lost.

  • Charlotte–Lee–Collier
    By
  • Laura Lyon
  • May 1, 2025
Postwar St. Petersburg hotel gets new look with renovations

Skybeach Resort, a two-story hotel with Old Florida charm on the waterfront just off the Skyway Bridge in Pinellas County, recently completed a series of renovations.

  • Tampa Bay-Lakeland
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