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Industries

  • For Subscribers Only
  • By Business Observer Staff
  • September 30, 2011
Mountain Real Estate Capital financing GL Homes' Riverstone

Mountain Real Estate Capital has entered into a joint venture with Sunrise-based GL Homes of Florida for the development of the 850-home Riverstone Community in Naples.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • September 30, 2011
Uncertain Diagnosis

Medical office space has suffered along with the remainder of office space, but hospital-located and other high-class properties tend to remain strong.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Rod Thomson
  • September 30, 2011
Private-sizing Government

The privatization trend is gaining steam in the unending economic downturn. But plenty of hurdles remain.

  • Florida
  • For Subscribers Only
  • By Business Observer Staff
  • September 23, 2011
Blue Rock, Konover South buy Marbrisa Apartments

A joint venture of Tampa-based Blue Rock Partners LLC and Deerfield Beach-based Konover South LLC purchased the 224-unit Marbrisa Apartments in Carrollwood for $15.5 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • September 23, 2011
Invenio Capital group buys Pearl Beach Inn

An investment group directed by the Bonita Springs-based private equity firm Invenio Capital LLC purchased the 13-room Pearl Beach Inn for $1.55 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • September 23, 2011
Robb & Stucky nameholder buys retailer's Fort Myers store

Robb & Stucky International Inc. purchased the 76,783-square-foot Robb & Stucky store building in Fort Myers for $6.3 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • September 23, 2011
Tampa Housing Authority, BOA start Ella at Encore

The Housing Authority of the City of Tampa has sold the first of 12 building pads in its Encore development in Tampa to a joint venture entity it shares with the Bank of America Community Development Corp. for $1.6 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • September 23, 2011
Hillsborough Community College buys land for future expansion

Hillsborough Community College purchased 20 acres adjacent to the college's Southshore campus for $1.35 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • September 23, 2011
North American Development buys land for Shoppes at Del Prado

Retail developer North American Development Group purchased 19.87 acres at the southeast corner of Del Prado Boulevard and Tamiami Trail from Paradise Ventures Inc. for $2.7 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • September 23, 2011
Prudential companies buy three retail centers

A Prudential Property Investment Separate Account (PRISA) purchased three Publix-anchored Lee County shopping centers for a total of $26.9 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • September 23, 2011
IberiaBank sues to foreclose on Longboat Chart House land

IberiaBank has filed a mortgage foreclosure claim against Core/PMG Longboat LLC, the Longboat Key Association Inc. and others over the Chart House Restaurant property.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • September 23, 2011
Sarasota investment firm buys North Port's Emeralds Oaks

Sarasota real estate investment firm TTJ Investments LLC purchased 21 units in the 28-unit Emeralds Oaks condominium and additional land for $1.35 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • September 23, 2011
Central Park Realty buys Addison Apartments

Sarasota-based Central Park Realty Corp. purchased the 41-unit Addison Apartments for $2.3 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • September 16, 2011
Regency Manor Apartments syndicated to foreign investors

The private Canadian-based investment group Southern Shores Enterprises sold the 60-unit Regency Manor Apartments community to Jacaranda Investments LLC for $970,000.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • September 16, 2011
Orange Lake Resort buys Sunset Cove shares

Vacation resort developer Orange Lake Resorts purchased all the unsold timeshares at the 36-villa Sunset Cove Resort for $6.63 million.

  • Commercial Real Estate
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