Charlotte–Lee–Collier

For Subscribers Only

Mark Gordon
June 19, 2024

Resilient bar owner celebrates 25 years of success — and grit

Two-plus decades running bars and nightclubs have taught Joanna Olsen a lot about resilience and persistence. “Never quit," she says. "Just get back in there and conquer."

Florida

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Mark Gordon
June 18, 2024

$12M Naples soap, wellness brand names new CFO

Naples Soap Co., a health and wellness brand known for skin and hair care products, has named veteran financial executive Richard James Kujak CFO.

Charlotte–Lee–Collier

For Subscribers Only

Beth Luberecki
June 18, 2024

Lee County School District makes hard advances in soft skills program

A new program from The School District of Lee County helps local residents brush up on all-important soft skills.

Charlotte–Lee–Collier

For Subscribers Only

Mark Gordon
June 17, 2024

Business Observer 2024 40 Under 40 nominations now open

The Business Observer's annual 40 Under 40 issue celebrates the best of the best of the up-and-comers.

Florida

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Steven Benna
June 17, 2024

The week's top commercial real estate transactions in Charlotte, Collier, Hillsborough, Lee, Manatee, Pasco, Pinellas, Polk, Sarasota

A pair of hotels in Fort Myers sold for over $40 million to highlight transactions.

Transactions

For Subscribers Only

Louis Llovio
June 16, 2024

Developer pays nearly $18M for 195 acres along I-75 in Punta Gorda

In the week's top commercial real estate news, a Sarasota tower is approved, four Tampa properties are included in $1.5 billion portfolio sale, and a Cape Coral pizza joint opens.

Florida

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Mark Gordon
June 14, 2024

Pinellas credit union giant expands to Naples area for first time

Dunedin-based Achieva Credit Union, one of the largest credit unions in the region, has opened its first-ever Collier County branch.

Charlotte–Lee–Collier

For Subscribers Only

Beth Luberecki
June 14, 2024

New president of high-end builder grapples with high cost challenges

Recently named president of Kurtz Homes Naples, David Gordon will keep building on his father-in-law’s legacy while adding some new touches.

Charlotte–Lee–Collier

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Mark Gordon
June 13, 2024

Tropicana, Fort Myers citrus firm sign new deal — with 33% price hike

Fort Myers agricultural and land management company Alico Inc. has signed a three-year deal to supply citrus fruit to its largest customer, Tropicana.

Charlotte–Lee–Collier

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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

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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

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

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

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

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

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Resilient bar owner celebrates 25 years of success — and grit

$12M Naples soap, wellness brand names new CFO

Lee County School District makes hard advances in soft skills program

Business Observer 2024 40 Under 40 nominations now open

The week's top commercial real estate transactions in Charlotte, Collier, Hillsborough, Lee, Manatee, Pasco, Pinellas, Polk, Sarasota

Developer pays nearly $18M for 195 acres along I-75 in Punta Gorda

Pinellas credit union giant expands to Naples area for first time

New president of high-end builder grapples with high cost challenges

Tropicana, Fort Myers citrus firm sign new deal — with 33% price hike

Report: Cape Coral-Fort Myers construction jobs up nearly 35%

Sanibel bank to begin rebuilding Ian-damaged branch

Michigan credit union closes $160M deal for SWFL bank division

Report: Trouble lurks for big banks with big CRE loan overexposure

The Capital Grille sets Fort Myers opening day, plans to hire 90 people

COVID fraud lands Riverview, Fort Myers men in federal prison

Report: Childhood poverty pockets remain in region amid Florida decline

Hillsborough to spend $70M on stormwater drainage improvements

Work starts on Naples apartments as developer secures $45M in financing

$300K Bradenton EDC contract up for vote in Manatee

27 Gulf Coast companies ranked among fastest growing in Southeast

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