Charlotte–Lee–Collier

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Louis Llovio
February 22, 2023

Tort reform in Florida turns to auto insurance and loopholes

Two legislators have proposed changes to windshield laws that they say encourage lawsuits and send auto insurance rates higher.

Insurance

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Business Observer Staff
February 22, 2023

National homebuilder buys 87 lots in luxury Naples community

Construction on Pulte Homes's Caymas project will begin later this spring.

Charlotte–Lee–Collier

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Business Observer Staff
February 21, 2023

Regionwide trust firm names new head of operations

Laura Frost previously worked for Hughes Snell & Co. in Fort Myers.

Charlotte–Lee–Collier

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Louis Llovio
February 20, 2023

Bankrupt retailer to shutter 11 stores across the Gulf Coast

Sales at the closing Tuesday Morning stores, which includes 24 in Florida, will go on for about eight weeks before the locations go back to landlords.

News

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Louis Llovio
February 20, 2023

Fires shut down construction at Sunseeker Resort

A hotel sells for $79 million, Sarasota named a top relocation destination and another drug store sale top the week's commercial real estate news.

Commercial Real Estate

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Mark Gordon
February 18, 2023

Airport balances urgency with demand in massive expansion project

Passenger growth keeps on coming at airports across Florida. One of the biggest, in Fort Myers, relies on a strategy of prudence and patience.

Commercial Real Estate

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Louis Llovio
February 17, 2023

New kind of town is being built and wired on ranchland in SWFL

Babcock Ranch, the so-called city of the future, will swell to 50,000 residents in coming years.

Commercial Real Estate

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Louis Llovio
February 16, 2023

Naples estate hits the market for nearly $19 million

A custom-built waterfront property in the city's Aqualane Shores neighborhood is almost 6,000 square feet.

Charlotte–Lee–Collier

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Mark Gordon
February 15, 2023

OfficeMax founder: From childhood poverty to building a $5B business

Witty sayings? Check. Gutty business experiences turned into integral lessons learned? Check. Starting a $5 billion company from an idea and $20,000? Check. OfficeMax founder Michael Feuer has it all.