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News

  • For Subscribers Only
    By
  • Elizabeth King
  • June 12, 2024
Report: Cape Coral-Fort Myers construction jobs up nearly 35%

Construction jobs have increased by 34.7% in one area of the Gulf Coast since 2019, according to ABC Florida Gulf Coast.

  • Florida
  • For Subscribers Only
    By
  • Louis Llovio
  • June 12, 2024
Sanibel bank to begin rebuilding Ian-damaged branch

Sanibel Captiva Community Bank will begin construction on new McGregor Road branch building in August.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Louis Llovio
  • June 12, 2024
Ybor City-adjacent apartments sell to South Carolina investor

The Lector 85 apartment community is about a mile from the historic district in Tampa and not far from downtown.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Elizabeth King
  • June 12, 2024
Report: Sarasota County visitors declined in April

Room rates increased by several dollars as other figures trended down, according to Visit Sarasota County.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Mark Gordon
  • June 12, 2024
Michigan credit union closes $160M deal for SWFL bank division

DFCU Financial, one of the largest credit unions in the country with $6.4 billion in assets, purchased MidWestOne Bank’s Florida operations in Naples-Marco Island and Cape Coral-Fort Myers.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Mark Gordon
  • June 12, 2024
Report: Trouble lurks for big banks with big CRE loan overexposure

Billions of dollars in property financing will mature by 2026. For banks seeped in commercial real estate loans, this poses some outsized risks.

  • Florida
  • For Subscribers Only
    By
  • Mark Gordon
  • June 11, 2024
Tampa digital payments firm picks up $50M investment

Restaurant and retail digital payments firm Mad Mobile has picked up $50 million in financing from Morgan Stanley Expansion Capital and Bridge Bank.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Mark Gordon
  • June 11, 2024
The Capital Grille sets Fort Myers opening day, plans to hire 90 people

High-end steakhouse The Capital Grille will open its first Fort Myers location in less than two weeks.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Louis Llovio
  • June 11, 2024
COVID fraud lands Riverview, Fort Myers men in federal prison

Two men were sentenced to federal prison this week in separate cases stemming from criminal charges for using ill-gotten COVID relief fraud for personal use.

  • Florida
  • For Subscribers Only
    By
  • Elizabeth King
  • June 11, 2024
East Coast pizza franchise coming to Collier County

Ledo Pizza will open in late August in Ave Maria.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Elizabeth King
  • June 11, 2024
Sarasota community foundation CEO announces retirement

Roxie Jerde, the head of the Community Foundation of Sarasota County, will retire in June 2025.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Louis Llovio
  • June 11, 2024
Once-booming Big Storm Brewing faces eviction, lawsuit and closures

The Clearwater-based brewer and distiller, which has shut three of its five taprooms in a year, is facing off against a disgruntled investor as second landlord in a year says the company didn’t pay rent.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Louis Llovio
  • June 10, 2024
Sarasota’s Detwiler’s says no plans for St. Petersburg store — for now

The family-owned and operated grocery store chain says that despite reports it does not have plans for a St. Petersburg store.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Elizabeth King
  • June 10, 2024
Area Anheuser-Busch owner joins board of Naples family nonprofit

The newest board member for Better Together is the head of Gold Coast Eagle Distributing.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Elizabeth King
  • June 10, 2024
Benderson acquires 51-acre site in Venice for mixed-use project

North River Marketplace, a mixed-use development, has changed hands in Venice.

  • Manatee-Sarasota
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