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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • February 16, 2015
Murex to manage Arizona community

Murex Properties says it will manage a 720-home community in Arizona for Northwestern Mutual Real Estate.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 13, 2015
Carlyle at Waters sells for $26.2M

Bought during the boom, sellers avoided condo conversion, but still lost value.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 13, 2015
Radco nabs Clearwater apartments

Atlanta company brings rapid expansion plans to Florida.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 13, 2015
Venice golf course to get $2.5M renovation

The Venice Golf and Country Club has had other upgrades in the last five years.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 13, 2015
Pharmacy owner pleads guilty

The owner of a Cape Coral pharmacy pleaded guilty to conspiracy to illegally distribute pain killer oxycodone.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 13, 2015
The price of saying no

Lee County taxpayers could pay a huge price for past county commissioners who ignored property owners' rights.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 13, 2015
Michigan real estate firm McKinley buys South Pasadena's Three Fountains

McKinley Inc. purchased the 59-unit Three Fountains apartments for $5.6 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 13, 2015
Nonprofit buys C.R.E.W. site, sells to state for environmental protection

The Trust for Public Land purchased 619.93 acres of land near the Bird Rookery Swamp for $9.77 million. The trust then immediately resold the former agricultural property to the state of Florida for the same price.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 13, 2015
Inflation key to rate lift

Real estate is a pillar of Florida's economy, but it plays a lesser role in deciding Federal Reserve monetary policy.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 13, 2015
TerraCap Investment firm buys Bradenton's Harbour Pointe

An investment firm of TerraCap Management LLC purchased the 234-unit Harbour Pointe of Bradenton Apartments for $21.12 million.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 13, 2015
Homebuilder builds on triumphant return

The recession, and the carnage it brought to the homebuilding industry, forced Jeff Eslinger to shutter his family-run new-home construction firm in 2009.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 13, 2015
Bring on the country

The people behind Florida Tracks and Trails, a massive entertainment and outdoor adventure park in Charlotte County, want nothing to do with small.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 13, 2015
Tampa General, Florida Hospital partner on new Brandon Healthplex

Tampa General Hospital purchased 17.4 acres near the northwest corner of Interstate 75 and the Lee Roy Selmon Expressway for $5.8 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 13, 2015
Cortland Partners buys Camden Bayside, considering redevelopment

Atlanta multifamily company Cortland Partners purchased the 832-unit Camden Bayside apartments in South Tampa for $85.13 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • February 13, 2015
Pittman Group buys Amtel building to create Campo Felice

The Pittman Group purchased the real estate of the closed 417-room Amtel hotel building in downtown Fort Myers for $12.58 million.

  • Charlotte–Lee–Collier
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