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News

    By
  • Louis Llovio
  • June 6, 2024
Real estate exec: Troubled condo market will get worse

As new safety rules take effect, Florida’s condominium owners are struggling to adjust to the cost of the mandates, and a bad hurricane season could make things much worse.

  • Florida
    By
  • Andrew Warfield
  • June 6, 2024
St. Pete firm starts work on 96-unit affordable housing project in Sarasota

Development on the North Trail will set the tone for affordable housing with a market rate lifestyle.

  • Manatee-Sarasota
    By
  • Elizabeth King
  • June 6, 2024
Pair of Collier County hotspots rank in top 10 on national retirement list

Retirees and those nearing retirement were surveyed about where they want to live when they’re done working.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • June 6, 2024
Pat Neal donates award, plus $200K, to land conservation group

The chairman of Neal Communities combines 2024 Hearthstone BUILDER Humanitarian Award with additional funds for a $350,000 gift to Conservation Foundation of the Gulf Coast.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • June 5, 2024
Bankruptcy judge OKs Hoffmann's $21.25M purchase of Midwest dairy

The Hoffmann Family of Cos. won a bankruptcy auction last week for the Illinois dairy company.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • June 5, 2024
$22M Sarasota contractor acquires construction firm

Stellar Development acquired the CGC Group.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • June 5, 2024
Tampa's Morgan Automotive adds country's No. 2 Kia dealership to growing roster

The dealership group, one of the largest in the U.S. has now bought 10 South Florida dealerships this year.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • June 5, 2024
Report: Cape Coral-Fort Myers leads the nation in rental vacancies

The study found the metro area had the highest number of home rentals that are vacant, metro Tampa was No. 20.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • June 5, 2024
Commissioners move toward defunding Sarasota County EDC

The local business tax, which helps fund the EDC, is on its way toward repeal.

  • Manatee-Sarasota
    By
  • Elizabeth King
  • June 5, 2024
The Factory in St. Pete sells, anchor tenant rebrands

A building sale in St. Petersburg resulted in the expansion and rebranding of an immersive art experience.

  • Tampa Bay-Lakeland
    By
  • Mark Gordon
  • June 4, 2024
Citing big demand, high-end Naples builder expands remodeling unit

Several reasons are fueling the growth, including Hurricane Ian work.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • June 4, 2024
Washington D.C. company launches AI chatbot for real estate industry

The free, for now, AI tool is meant to assist real estate professionals with their finances.

  • Florida
    By
  • Louis Llovio
  • June 4, 2024
$11.5 million home a ‘bargain’ in Naples

The sale of the nearly 8,000-square-foot house set a record for the city’s Estuary and Grey Oaks neighborhoods.

  • Charlotte–Lee–Collier
    By
  • Mark Gordon
  • June 4, 2024
Digital dental marketing firm picks up $100M in funding

Progressive Dental Marketing seeks to expand in the States and overseas.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • June 4, 2024
Insurance firm wins contest, donates $10K to Sarasota cancer foundation

The nonprofit helps families whose children are battling cancer.

  • Manatee-Sarasota
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