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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • January 21, 2010
Tampa's Encore project awarded $38 million grant

The U.S. Department of Housing and Urban Development has notified the city of Tampa that the city will receive $38 million in federal funding from the American Recovery and Reinvestment Act to build the Encore project.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 21, 2010
Massachusetts group buys Summer Palms

Newton, Mass.-based developer Robbins Property Associates LLC purchased the 340-unit, four-story Summer Palms Apartments for $16.2 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 21, 2010
Wisconsin investors buy Kozy Mobile Home park

Kozy MHP LLC, a limited liability entity affiliated with a West Bend, Wis., investment group, purchased the 95-lot Kozy Mobile Home Park on Cortez Road east of 34th Street West for $2.1 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 21, 2010
Eastpoint Stimuli buys Pine Island Road land

Eastpoint Stimuli LLC, a limited liability company led by Cape Coral broker investor Steve Krieg, purchased 15.8 acres on Pine Island Road west of 21st Avenue and adjacent to a BJ's Wholesale Club for $2.2 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 21, 2010
RFLP Mabry buys Dale Mabry Plaza

Tampa limited liability company RFLP Mabry LLC purchased the 18,348-square-foot South Dale Mabry Plaza for $4.3 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 20, 2010
Ad firm up for award

The Syracuse, N.Y.-based parent company of one of Sarasota's largest advertising firms is a finalist for a major industry award.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 18, 2010
Apartment investors expand portfolio

Sam and Laurice Hachem have struck again, and they are no longer limiting their investments to apartment communities.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 15, 2010
Orion shutdown costs M&I millions

When state and federal regulators shut down Naples-based Orion Bank on Nov. 13, it likely wiped out a $17 million loan M&I Bank says it made to parent company Orion Bancorp.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 15, 2010
Bank takes big step in survival effort

Here's a twist in the latest episode of a Gulf Coast community's bank search for capital: Sarasota-based Landmark Bank of Florida recently received letters of intent for capital infusions worth more than $6 million — with no control changes at the bank as a prerequisite for the investment.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 15, 2010
EcoTech links with niche partner

One of the most creative persons the Review met in 2009 is already growing his business in 2010.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 15, 2010
Growth control chief quits

It's no surprise Wayne Daltry resigned recently as director of Lee County's Smart Growth Department.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 15, 2010
October Index of Retail Activity

Every area of the Gulf Coast fared better than the index's statewide average (-4.9%) on an annual percentage change basis.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 15, 2010
Circle grows around accused swindler

Sarasota financier Arthur Nadel is no longer the only person to be officially accused of wrongdoing in an alleged Ponzi scheme where hundreds of investors lost $400 million.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 15, 2010
Telovations feels crunch, goes for venture capital

A Tampa-based communications services company is looking to add debt — but won't be asking the bank for a loan.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 15, 2010
SMR: More commercial control could mean more leases

Here's a potential solution for Gulf Coast developers and landlords wrangling with how to survive the commercial real estate downturn: Take more control.

  • News
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