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News

    By
  • Mark Gordon
  • June 13, 2024
Minnesota firm closes $570M deal for Tampa elevator company

A $570 million acquisition of Tampa elevator maintenance and repair firm Elevated Facility Services Group has closed.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • June 13, 2024
Toasted Yolk brunch chain to open in Bradenton, Lakewood Ranch

The Toasted Yolk CEO and co-founder is opening a restaurant in his hometown of Bradenton as well as in Lakewood Ranch.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • June 13, 2024
New VR attraction will let you fight zombies in downtown St. Pete

A chain of virtual reality entertainment centers is opening on Central Avenue later this month.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • June 13, 2024
PIE airport passenger traffic up 5% in May

More than 214,000 travelers passed through St. Pete-Clearwater International Airport last month.

  • Tampa Bay-Lakeland
    By
  • Mark Gordon
  • June 13, 2024
Tropicana, Fort Myers citrus firm sign new deal — with 33% price hike

Fort Myers agricultural and land management company Alico Inc. has signed a three-year deal to supply citrus fruit to its largest customer, Tropicana.

  • Charlotte–Lee–Collier
    By
  • Mark Gordon
  • June 12, 2024
Former CEO of PGT lands new top role with Michigan cabinet giant

Jeff Jackson guided PGT to a $3.1 billion sale a few months ago.

  • Manatee-Sarasota
    By
  • Elizabeth King
  • June 12, 2024
Report: Cape Coral-Fort Myers construction jobs up nearly 35%

Construction jobs have increased by 34.7% in one area of the Gulf Coast since 2019, according to ABC Florida Gulf Coast.

  • Florida
    By
  • Louis Llovio
  • June 12, 2024
Sanibel bank to begin rebuilding Ian-damaged branch

Sanibel Captiva Community Bank will begin construction on new McGregor Road branch building in August.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • June 12, 2024
Ybor City-adjacent apartments sell to South Carolina investor

The Lector 85 apartment community is about a mile from the historic district in Tampa and not far from downtown.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • June 12, 2024
Report: Sarasota County visitors declined in April

Room rates increased by several dollars as other figures trended down, according to Visit Sarasota County.

  • Manatee-Sarasota
    By
  • Mark Gordon
  • June 12, 2024
Michigan credit union closes $160M deal for SWFL bank division

DFCU Financial, one of the largest credit unions in the country with $6.4 billion in assets, purchased MidWestOne Bank’s Florida operations in Naples-Marco Island and Cape Coral-Fort Myers.

  • Charlotte–Lee–Collier
    By
  • Mark Gordon
  • June 12, 2024
Report: Trouble lurks for big banks with big CRE loan overexposure

Billions of dollars in property financing will mature by 2026. For banks seeped in commercial real estate loans, this poses some outsized risks.

  • Florida
    By
  • Mark Gordon
  • June 11, 2024
Tampa digital payments firm picks up $50M investment

Restaurant and retail digital payments firm Mad Mobile has picked up $50 million in financing from Morgan Stanley Expansion Capital and Bridge Bank.

  • Tampa Bay-Lakeland
    By
  • Mark Gordon
  • June 11, 2024
The Capital Grille sets Fort Myers opening day, plans to hire 90 people

High-end steakhouse The Capital Grille will open its first Fort Myers location in less than two weeks.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • June 11, 2024
COVID fraud lands Riverview, Fort Myers men in federal prison

Two men were sentenced to federal prison this week in separate cases stemming from criminal charges for using ill-gotten COVID relief fraud for personal use.

  • Florida
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