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Charlotte–Lee–Collier

    By
  • Business Observer Staff
  • May 7, 2015
Naples daily hotel rates close in on $300

Hoteliers in the Naples area pushed the average daily rate within pennies of the $300 mark in the first quarter.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 6, 2015
Pair charged in $300K fraud case

Couple allegedly stole funds through check scheme that lasted nearly two years.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 6, 2015
Couple to help oversee lucrative wine fest, again

Tom and Sandi Moran and Jim and Laura Dixon will be co-chairs of the 2016 Naples Winter Wine Festival. This year's festival raised more than $12.5 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 5, 2015
Large tax hike doesn't deter homebuilders

Homebuilders in Lee County pulled more permits in April than they did the same month one year ago despite a recent tax hike on new construction.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 4, 2015
Software firm in and out of bankruptcy in two months

Allen Systems Group, the software company based in Naples, spent just two months in Delaware bankruptcy court.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 1, 2015
Hospitality company executive buys two sections of island

A company led by Tom Torgerson, CEO of the Willmar, Minn.-based hotel company TPI Hospitality, purchased two large portions of Fort Myers Beach for a combined $13.3 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • May 1, 2015
Arthrex buys Polaris Center, Royal Palm bank building

Naples-based medical device manufacturer Arthrex Inc. purchased the 54,267-square-foot Polaris Center and a 8,853-square-foot vacant former Royal Palm Bank building for $21.95 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • April 30, 2015
Airline launches flights to Puerto Rico

Sun Country Airlines will begin nonstop service from Fort Myers to San Juan, Puerto Rico.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • April 30, 2015
Payment firm sales grow

ACI Worldwide, the global electronic-payment giant headquartered in Naples, posted a quarterly sales increase despite currency fluctuations.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • April 29, 2015
Government cuts hit lab results

NeoGenomics says its quarterly financial results suffered from lower reimbursements by the government and private insurers for the cancer tests it performs.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • April 28, 2015
University names building for developer

Hodges University has named its science and technology building for Stock Development, the Naples-based homebuilder and developer.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • April 27, 2015
New shopping center for Naples

Barron Collier Cos. has started construction on a shopping center in North Naples as the economic outlook brightens.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • April 24, 2015
Attorney appointed utility chief

Bonita Springs Utilities appointed attorney John Jenkins as its new executive director starting June 22.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • April 24, 2015
Redstone Investments pays $28M for Austin Center

An affiliate of Redstone Investments purchased the five-building Austin Center in Westshore for $28.45 million.

  • Charlotte–Lee–Collier
    By
  • Jean Gruss
  • April 24, 2015
Pay dirt

Investors in TerraCap Management funds targeting distressed commercial real estate in Florida have benefited handsomely. The investment management firm says more deals are coming.

  • Charlotte–Lee–Collier
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