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Business Observer | Business Observer

    By
  • Business Observer Staff
  • April 17, 2015
Fed official: Spike the punch bowl

An April 10 appearance and speech in Sarasota from Federal Reserve Bank of Richmond President Jeffrey Lacker was a market mover.

  • News
    By
  • Business Observer Staff
  • April 17, 2015
Sarasota man charged in $6M pump-and-dump scam

Authorities say suspects utilized blanks check companies.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • April 17, 2015
Hospital launches heart center

Lee Memorial Health System says it has received a $2.5 million gift that it will use to create a cardiac-care center.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • April 17, 2015
One dead, one injured in MagneGas explosion

Tarpon Springs officials are still investigating the blast, which happened just after 2 p.m. on April 16.

  • Tampa Bay-Lakeland
    By
  • Barry Friedman
  • April 17, 2015
Dixie revival

A nimble entrepreneur revitalized a Polk County commercial project by making it one of the coolest places in town.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • April 17, 2015
Developer ContraVest building Temple Terrace apartment

Altamonte Springs-based ContraVest purchased 9.09 acres west of Interstate 75 north of Fowler Avenue for $4.87 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • April 17, 2015
Fiberlay parent buys new Northgate Boulevard location

Seattle-based Orca Composites purchased a 39,994-square-foot industrial building in Northgate Center for $1.53 million.

  • Tampa Bay-Lakeland
    By
  • Michael Hinman
  • April 17, 2015
Stressing distress

Brian Davison suffered through one economic crash. He says his new business is recession-proof.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • April 17, 2015
Montreal real estate investor pays $26 million for two apartments

Groupe Mach Inc. purchased the 200-unit Royal Breeze Apartments in Clearwater and the 168-unit Lenox Place Apartments in Tampa. The Montreal-based firm, owned by Vincent Chiara, bought the Royal Breeze Apartments for $17.2 million and paid $8.8 million for the Lenox Place Apartments.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • April 17, 2015
Nebraska developer buys land for retirement community

An affiliate of Resort Lifestyle Communities purchased about 12.5 acres at the southwest corner of State Road 70 and Interstate 75 for $3.6 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • April 17, 2015
StoreSmart investor groups trade Naples self-storage facility

An investor group purchased the StoreSmart self-storage facility in Naples for $6.75 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • April 17, 2015
Discovery Village sells Forum to Kayne Anderson partnership

Discovery Senior Living sold the two-phase Discovery Village at The Forum senior housing facility to a joint venture of Kayne Anderson Real Estate Advisors and itself for $36.24 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • April 17, 2015
Vinings at Hunter's Green sells to investor for $22M

The Milestone Group purchased the 240-unit Vinings at Hunter's Green apartments for $21.69 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • April 17, 2015
Bee Ridge strip center sells to investor for $1.05M

James Elmore of Bradenton purchased a 10,440-square-foot unnamed strip center for $1.05 million.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • April 16, 2015
$200M mixed-use project up for sale

Pineapple Square was going to transform downtown Sarasota.

  • Manatee-Sarasota
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