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News

    By
  • Louis Llovio
  • July 29, 2022
Report: Home prices on West Coast of Florida to fall sharply in a recession

A Redfin study found that three Gulf Coast cities will likely see the largest price decreases in the nation during a recession.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • July 29, 2022
Greater Fort Myers Chamber of Commerce hires CEO

Brian Hamman has been a Lee County commissioner for nine years.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • July 29, 2022
Locally owned bank reports second-quarter results

BayFirst National Bank’s total assets rose from $888.54 million to $921.85 million, an increase of 3.75%.

  • Tampa Bay-Lakeland
    By
  • Brian Hartz
  • July 29, 2022
Pinellas man, 22, allegedly laundered PPP funds through fictitious charity

Alexander Leszczynski is also accused of trying to exonerate himself with a fake pardon he claimed was signed by former President Donald Trump.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • July 29, 2022
Prosecutors and investigators in Florida take on COVID fraud

With trillions of dollars handed out during the pandemic, the opportunity for fraud was ripe. Now federal prosecutors locally are going after the criminals — and the stolen funds.

  • Law
    By
  • Brian Hartz
  • July 28, 2022
Hialeah man's scheme netted $1.9M in PPP funds

Richard Simpkins, 47, pleaded guilty to conspiracy to commit bank fraud and money laundering.

  • News
    By
  • Louis Llovio
  • July 28, 2022
Sarasota hotel gets $57.5 million refinancing

The owners of Art Ovation turned to a national lender to refinance the posh hotel.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • July 28, 2022
Aviation club announces $9.75 million fundraising round

The funds are expected to scale operations and expand the fleet, destinations and flight availability.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • July 28, 2022
Locally owned veterinary group passes major growth milestone

Tampa-based American Veterinary Group now boasts more than 100 clinics in its network.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • July 27, 2022
Florida's insurance regulator to back policies over fears 17 insurers will be forced to cease operations

The Office of Insurance Regulation's plan will take advantage of an exception to Fannie Mae and Freddie Mac rules.

  • Manatee-Sarasota
    By
  • Brian Hartz
  • July 27, 2022
St. Petersburg health tech firm lands $5M investment

The successful Series A funding round brings RxLive’s fundraising total to $8 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • July 27, 2022
Ritz-Carlton welcomes two new hospitality executives

Jillian Dampier is joining the team as the new director of group and catering sales, and Peter Francis was introduced as the director of transient sales. 

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • July 27, 2022
Tampa law firm welcomes new partner

Brandon Szymula, who specializes in representing health care providers, has joined Hall Booth Smith.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • July 27, 2022
New Tampa General rehab hospital sells for more than $50 million

A Tampa REIT bought the 80-bed hospital that opened in May.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • July 26, 2022
Report: As rent and demand for apartments rise, so does fraud

Survey finds property managers are seeing more and more lease applications that include false information and fraudulent documents.

  • Tampa Bay-Lakeland
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