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News

    By
  • Adam Hughes
  • December 16, 2005
Real Estate Briefs (Sara/Mana)

Coconut Grove Buyers Converting Turnbury ParkBig Jim buys second storage facilityNew Carlisle investor buys Glenbrooke apartmentsArthur Rutenberg buys more land for GreyhawkAmerican Financial Realty buys Wachovia branchesInvestment group converting Phillippi Shores Marina

  • Tampa Bay-Lakeland
    By
  • Adam Hughes
  • December 9, 2005
Coffee Talk (Tampa)

Hooting it up: Coffee Talk hears the U.S. Attorney's Office doesn't plan to retry Hooters restaurant co-founder Lynn "L.D." Stewart on tax evasion charges.UT dean steps down: At University of Tampa's recent annual family business awards luncheon, Joseph McCann III, the business school's dean, didn't mention he planned to step down from his post.Trump trumped?: Several days after a blog told about Amon Investments' plan to build twin towers taller than the Trump Tower planned for downtown Tampa, the Daytona Beach developer pulled information on the project from its Web site.Persystent recognition: Persystent Technology Corp., profiled in last week's Review, is out to transform the computer industry with its software that automatically repairs PC malfunctions.Rocky mountains, why?: The Florida Bankers Association is out with a detailed schedule for the group's 2006 convention.A top priority: The Tampa Bay Partnership has come up with a list of five "initiatives" to make the Bay area a more attractive place for business.

  • News
    By
  • Adam Hughes
  • December 9, 2005
Real Estate (Sara/Mana)

Sarasota Memorial Starts Construction on InstituteDugans acquire 14th Street motelDeveloper files plan for Ranch retail centerWhitfield Park Loop buys warehouse

  • Manatee-Sarasota
    By
  • Adam Hughes
  • December 9, 2005
Coffee Talk (Sara/Mana)

Nokomis hotel scramble: While the residential real estate market has slowed, proposed hotel projects are certainly bucking that trend and particularly at one Nokomis intersection.Rocky mountains, why?: The Florida Bankers Association is out with a detailed schedule for the group's 2006 convention.Charity raffle, Neapolitan style: The Naples Winter Wine Festival, the super-exclusive Bacchanalian hobnob held every January, is selling raffle tickets for $5,000 a piece.Chery no more: Sarasota no longer has a choice connection in the battle to bring Chinese-made cars to the United States.Basic school math: Proponents of developing a military academy similar to the Sarasota Military Academy in Manatee County have some fairly convincing business figures on their side.

  • News
    By
  • Adam Hughes
  • December 9, 2005
Real Estate Briefs (Lee/Collier)

Rinker buys citrus land in Collier CountyAssisted living facility sold as part of restructuringBuilder plans townhomes in Fort MyersJack Parker Corp. buys shopping centerTaylor Woodrow to buildluxury townhomes at MediterraCenterline Homes buys two parcels in Fort Myers

  • Charlotte–Lee–Collier
    By
  • Adam Hughes
  • December 5, 2005
Real Estate Briefs (Sara/Mana)

Randall Bono buys Palm TowerLowe's Cos. plan Cattlemen storeInvestment group buys Myakkahatchee RanchBradenton home builder buys Parrish landSuper 8 owners add Howard JohnsonTwo partners plan mobile home redevelopmentSchostak Brothers & Co. buys portion of LandingsNaples entrepreneur buys Fruitville Taco Bell

  • Manatee-Sarasota
    By
  • Adam Hughes
  • December 5, 2005
Real Estate Briefs (Lee/Collier)

Memphis company plans two Lee County hotelsNaples developer plans luxury condosFort Myers developer to build shops, officesKraft Construction building new headquarters in NaplesDeveloper buys Naples condos

  • Charlotte–Lee–Collier
    By
  • Adam Hughes
  • December 5, 2005
Coffee Talk (Sara/Mana)

What now at Findwhat? Remember Findwhat.com?: Well, the Fort Myers paid-search Internet company is called Miva Inc. now. And there is rampant speculation around the dotcom space that Yahoo or Google might acquire Miva.Moving on down: Corvus International LLC likes Sarasota so much it decided it needed to be closer to the heart of the city.No capital shortage here: Why does a startup bank need $100 million? Coffee Talk wanted to know, after the Nov. 29 announcement that a new super-community bank was coming to Tampa.Murdock's owner: Could it be you?: The controversial Murdock Village plan in Charlotte County is nearing an important turning point. On Dec. 15, Charlotte County government will open the Request for Proposal for developers interested in creating a town center on the southern 870 acres of the site located in West Murdock.

  • News
    By
  • Adam Hughes
  • December 5, 2005
Coffee Talk (Tampa)

No capital shortage here Why does a startup bank need $100 million?: Coffee Talk wanted to know, after the Nov. 29 announcement that a new super-community bank was coming to Tampa.Meanwhile, in Oldsmar...: At the other end of the de novo spectrum is the proposed Flagship Community Bank.Gift tips for business: Families and friends aren't the only ones exchanging holiday presents this time of year. Many business owners like to show their appreciation for their customers, too.What now at Findwhat? Remember Findwhat.com?: Well, the Fort Myers paid-search Internet company is called Miva Inc. now.

  • News
    By
  • Adam Hughes
  • November 26, 2005
Coffee Talk (Tampa)

High-tech inches up: The Tampa Bay area's technology sector grew by 8% between 2003 and 2005, according to the Tampa Bay Partnership.Downtown showdown: The Tiger Bay Club of Tampa took a break from politics at its Nov. 18 luncheon. Or did it?When is a loan lost?: Pinellas Park banking analyst Richard X. Bove is out with another of his so-called banking manifestos.Everybody and their uncle facing suits: The second annual Litigation Trends Survey, produced by the international law firm Fulbright & Jaworski LLP, doesn't paint a pretty picture of U.S. corporations and, in particular, real estate businesses.Another reason for litigation: A Washington, D.C., investment bank that has engineered the sale of several Florida banks this year says low interest rates and easy credit terms aren't the only factors driving up housing prices.

  • News
    By
  • Adam Hughes
  • November 26, 2005
Real Estate Briefs (Sara/Mana)

Tarragon acquires Mainstreet at Bradenton for $38 millionChicago joint venture buys 800 acresBooth Studio buys building, consolidating operationsAA Alexander Fine Jewelers buys St. Armands buildingTwo investors buy portion of retail strip center

  • Manatee-Sarasota
    By
  • Adam Hughes
  • November 26, 2005
Coffee Talk (Sara/Mana)

Babcock deal an 'opportunity' for Morgan Stanley: It's pretty clear now the Morgan Stanley real estate funds that are backing the purchase of Florida Babcock Co. with West Palm Beach developer Syd Kitson are called "opportunity funds" for a good reason.South Trail less Friendly: Joe Sandor, Joe Camera and Carmine and Fred D'Ariano, Sarasota-Manatee counties' Friendly's restaurant franchisees, have closed their centrl Sarasota restaurant at 6606 S. Tamiami Trail.Sarbox bash at FGCU: The acronyms flew at the annual W. Thomas Howard lecture sponsored by Florida Gulf Coast University's business school in Fort Myers recently.Sorry, the lot doesn't go with the building: Buy a building and get that lot for free is what a number of real estate investors initially thought when they went to see the former Badcock Home Furnishings building at 1570 Boulevard Of The Arts in Sarasota.Everybody and his uncle facing suits: The second annual Litigation Trends Survey of corporate general counsel produced by the international law firm of Fulbright & Jaworski LLP doesn't paint a pretty picture of U.S. corporations and in particular the real estate business.

  • News
    By
  • Adam Hughes
  • November 26, 2005
Real Estate Briefs (Lee/Collier)

Prestige Builders Plans Naples Condo ConversionBoston developer buys land in EsteroSarasota investor banks land for homebuilderDeveloper plans Naples office buildingNaples developer plansresidential subdivision

  • Charlotte–Lee–Collier
    By
  • Adam Hughes
  • November 21, 2005
Coffee Talk (Tampa)

Surprise: Gold analyst likes sale: Marshall & Ilsley Corp.'s proposed $715 million purchase of Gold Banc Corp. has picked up at least one fan. Dave Anderson, chief investment officer at Gold Banc's trust company, loves the deal.Construction inflation: Ken Simonson, the chief economist at the Associated General Contractors of America, is worried about the cost of building materials.Better not gloat: Is the Tampa Bay area benefiting at the expense of New Orleans when it comes to hurricane-phobic conventioneers?Small businesses unprepared: A study compiled by the International Profit Associates Small Business Research Board shows that nationwide, 79% of small businesses that responded to the survey did not have a disaster recovery plan.

  • News
    By
  • Adam Hughes
  • November 21, 2005
Coffee Talk (Sara/Mana)

Where did Pelican go?: With Hurricane Wilma still dominating the news in early November, few people probably noticed an announcement on Nov. 4 that Stark Bank Group of Fort Dodge, Iowa, plans to buy Naples-based Pelican Financial Group for about $31 million in cash.Slower Christmas for Ranch's Main Street: Lakewood Ranch developer Schroeder-Manatee Ranch Inc. and Casto Lifestyle Properties were hoping to have open some of the shops in Main Street at Lakewood Ranch this past week, but construction and approvals have delayed the opening through at least the middle of December.Construction inflation: Ken Simonson, the chief economist at the Associated General Contractors of America, is worried about the cost of building materials.Small businesses unprepared: A study compiled by the International Profit Associates Small Business Research Board shows that nationwide, 79% of small businesses that responded to the survey did not have a disaster recovery plan.Death and taxes: Manatee County has released a list of its top 10 taxpayers for the 2005 tax year.

  • News
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