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News

  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    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
  • For Subscribers Only
    By
  • Adam Hughes
  • November 14, 2005
Coffee Talk (Tampa)

Northbound: It appears Equity One Inc., a North Miami Beach shopping center owner, sees much more potential for revenue growth in the northern part of the Tampa Bay area.Urge to merge?: A sudden spike early this month in options trading of AmSouth Bancorp has stock analysts thinking merger.The potential partner most talked about is another Alabama bank, Regions Financial Corp.Windfall for lawyers, consultants: Six professional firms would reap $728,000 in fees from the state's proposed purchase of 74,000 acres of Babcock Ranch, an environmentally delicate property bordering Charlotte and Lee counties.Tech upgrade at city hall: Tampa Mayor Pam Iorio is taking time out of her schedule to sit down with local tech entrepreneurs to talk about fostering innovation.Planting seeds: Hospitality industry professionals such as Casey Gonzmart, chairman of Tampa's Columbia Restaurant Inc., know the value of having a good working relationship with area colleges.Pelican brief: An Iowa company is coming to the rescue of southwest Florida's troubled Pelican National Bank, which is operating under regulatory supervision.

  • News
  • For Subscribers Only
    By
  • Adam Hughes
  • November 14, 2005
Coffee Talk (Sara/Mana)

Right time to go flat: Former presidential candidate Steve Forbes spoke with Coffee Talk before giving his speech at the Wall Street Live Money Show at the Ritz-Carlton, Sarasota last week.Trash pick-up: The West Coast of Florida has attracted the attention of Houston-based waste-management company WCA Waste Corp. That's big news for the Sarasota-Manatee county market.Babcock deal windfall for lawyers, consultants: Six firms will reap $728,000 in fees from the sale of 74,000 acres of Babcock Ranch to the State of Florida. Morgan Stanley and West Palm Beach developer Syd Kitson worked on the deal.ER guarantee war?: Coffee Talk reported last week that Sarasota Memorial Hospital plans to offer a 30-minute guarantee in its emergency room later this November.Fowler White jumps into Bonita Springs: Fowler White Boggs Banker, one of Florida's largest law firms, is making a push into fast-growing Bonita Springs in southern Lee County. It plans to open an office there by the end of the year.Heading North: It appears Equity One Inc., a North Miami Beach shopping center owner, sees much more potential for revenue growth in the northern part of the Tampa Bay area.

  • News
  • For Subscribers Only
    By
  • Adam Hughes
  • November 14, 2005
Real Estate Briefs (Lee/Collier)

Lennar pays $55 million for land to build 782 homesD'Jamoos Group buys, sells land in Bonita SpringsOpus South plans shopping center in Lee CountyNaples developer plans housing off C.R. 951School board buys 19 acres in Fort MyersBoca Raton builder plans townhomes in Fort Myers

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Adam Hughes
  • November 14, 2005
Real Estate Briefs (Sara/Mana)

Sarasotan Buys Land for Atrium on RinglingWaterford Cos. buys fourth phaseDeveloper announcesVenice's Charleston PlaceSarasota developer plans full-service I-75 hotel

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Adam Hughes
  • November 14, 2005
Real Estate Briefs (Tampa)

Tarragon pays $59 million for New Tampa apartmentsD.R. Horton buys Hidden River lots for $19 millionHallandale investors acquire Clearwater rental apartmentsTenants in common purchaseHarbourwood Nursing Center

  • Tampa Bay-Lakeland
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