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News

    By
  • Business Observer Staff
  • March 4, 2010
Bankers want to lend, but issues loom

As President Barack Obama pushed his latest government-funded way to get the economy rolling in a March 2 speech — this time it's the Small Business Lending Fund — a room full of bank executives in Sarasota were talking about what they say remains the real issue of the day: raising capital.

  • News
    By
  • Business Observer Staff
  • March 3, 2010
Global travel firm goes local

The latest celebrity-themed vacation put together by Admiral Travel in Sarasota has a local feel.

  • News
    By
  • Business Observer Staff
  • March 2, 2010
Nfinanse sings the greens

Nfinanse, the reloadable prepaid card provider just rolled out a music Web site, nFinanSeMusic.com, devoted to free downloads of up-and-coming artists.

  • News
    By
  • Business Observer Staff
  • February 25, 2010
In-Rel Management buys Tampa center

Lake Worth-based commercial real estate firm In-Rel Management Inc. purchased the 134,463-square-foot Town N Country shopping center on Waters Avenue east of Hanley Road for $7.75 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 25, 2010
Capital Health Group buys Sunset Bay facility

Pennsylvania-based Capital Health Group LLC purchased the 77-bed Sunset Bay assisted-living community on Kai Loop near Rowan Road south of Trouble Creek Road for $5 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 25, 2010
Florida Living Options files Hawthorne site plan

Assisted-living facility owner and operator Florida Living Options has filed a site plan to develop its Hawthorne Manor skilled nursing facility on the five acres at the southeast corner of DeSoto Road and Honore Avenue in Sarasota.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • February 25, 2010
Sarasota Memorial looks at Brownfield site

Officials with Sarasota Memorial Health Care System are exchanging information with the city of Sarasota over the future of a 13-acre parcel on Dr. Martin Luther King Jr. Way between U.S. 301 and Mango Avenue.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • February 25, 2010
Commercial property sales remain frozen

A recent report by Real Capital Analytics shows just how powerful the credit freeze was on commercial real estate sales in the Tampa Bay region last year.

  • News
    By
  • Business Observer Staff
  • February 25, 2010
HMA sees Florida recovery

Hospital visits may not be pleasant, but patient growth is a good leading economic indicator.

  • News
    By
  • Business Observer Staff
  • February 25, 2010
First Watch eats away at Oklahoma competition

First Watch, the Lakewood Ranch-based breakfast, brunch and lunch chain, has taken a bite out of the competition: An Oklahoma City-based restaurateur has sold his interest in five IHOP restaurants in order to sign a multi-unit franchise agreement with First Watch.

  • News
    By
  • Business Observer Staff
  • February 25, 2010
Pulse of the market: faint, but still alive

The latest pulse of the commercial real estate market from LoopNet is much like the market itself: Not too good.

  • News
    By
  • Business Observer Staff
  • February 25, 2010
Ford chief Mulally wins over retirees

Retirees are often a company's harshest critics.It was no exception for Ford Motor Co. President and Chief Executive Officer Alan Mulally, who faced a tough crowd in Bonita Springs recently. Despite the fact that Ford posted a profitable year in 2009, grumpy retirees milling about before Mulally's presentation weren't exactly singing the company's praises.

  • News
    By
  • Business Observer Staff
  • February 25, 2010
Hyde Park Builders on 'Extreme Makeover'

Tampa-based Hyde Park Builders will get a national boost when the company appears on a popular ABC program in May.

  • News
    By
  • Business Observer Staff
  • February 25, 2010
Political grudge trumps budget deficits

Declining property values and budget deficits weren't enough to convince Charlotte County Commissioners to go along with naming its Tampa Bay Rays spring training stadium Mosaic Field at Charlotte Sports Park.

  • News
    By
  • Business Observer Staff
  • February 25, 2010
You can't have it both ways in Lee

It's no surprise that Lee County Administrator Karen Hawes blogs as a cheerleader for the county's economic development programs considering the county suffers as much as any in the nation from foreclosures, declining property values and high unemployment.

  • News
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