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Industries

  • For Subscribers Only
  • By Jean Gruss
  • August 25, 2011
Dig This

Sales of residential land dried up during the real estate bust as homebuilders retrenched. As supply declines and demand picks up, land deals are coming together in the Fort Myers and Naples areas.

  • Industries
  • For Subscribers Only
  • By Jean Gruss
  • August 25, 2011
Rocky Bottom

The office market on the Gulf Coast started to recover last year, but the first half of 2011 was disappointing as companies hesitated to fill up new space.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Jean Gruss
  • August 25, 2011
Fresh Water

Dan DeLisi pledges to bring fiscal prudence to the South Florida Water Management District, a once-bloated agency that squandered millions of dollars on questionable land purchases.

  • Florida
  • For Subscribers Only
  • By Business Observer Staff
  • August 19, 2011
Sarasota's Fox, Shoemaker buy The Beach Club on Siesta

Sarasota investor Larry Fox and David Shoemaker, founder of the eyecare medical practice Center for Sight, purchased the 29-unit The Beach Club on Siesta Key for $6.26 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • August 19, 2011
Two Miami investor groups buy IHOPs

Two Miami area investors purchased IHOP restaurant buildings leased to Sunshine Restaurant Partners.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • August 19, 2011
Investor buys Naples Place, plans improvements

Laura Biggins of Jupiter purchased the 52-unit Naples Place apartment complex on Bayshore Drive between U.S. 41 and Thomasson Drive for $1.1 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • August 19, 2011
Wigglebutt Inn owner buys Pine Ridge retail building

Karen Paul purchased the 10,0000-square-foot former Haskell's Wine & Liquor building for $900,000.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • August 19, 2011
Zumot Real Estate Management buys, renames Canterbury Lane

An affiliated company of McLean, Va.-based Zumot Real Estate Management Inc. purchased the 319-unit Canterbury Lane Apartments for $4.1 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • August 19, 2011
Doral Oaks Apartments sell for $13.75 million

Brothers Jose and Damian Jimenez of Escondido, Calif., purchased the 252-unit Doral Oaks Apartments for $13.75 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • August 19, 2011
Health Care REIT buys Ridgelake hospital

Toledo, Ohio-based Health Care REIT Inc. purchased the 50,285-square-foot Hospital at Ridgelake for $22.5 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • August 19, 2011
Benderson Development buys Siesta Beach Plaza

University Park-based retail giant Benderson Development Co. LLC purchased the 6,829-square-foot Siesta Beach Plaza for $1.38 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • August 19, 2011
Senior Housing Trust buys Lexington Manor

Newton, Mass.-based Senior Housing Properties Trust purchased the 82-unit Lexington Manor assisted-living facility for $12.33 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • August 19, 2011
Altman Cos. receives financing to start Alta­s at Grand Cypress

The Boca Raton-based Altman Cos. reports it has acquired construction financing of a $18.4 million loan through City National Bank of Florida with equity provided through Sarofim Realty Advisors and Altman to develop a 258-unit rental community in New Tampa.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Jean Gruss
  • August 19, 2011
Ready to Represent

David Mulicka successfully managed his construction firm through the downturn and now plans to take his entrepreneurial skills to Tallahassee.

  • Industries
  • For Subscribers Only
  • By Jay Brady
  • August 19, 2011
Foreign Capital, Local Jobs

A Tampa-Sarasota partnership's investment model finances development projects backed by foreign investors. The payoff: an expedited path to citizenship, if enough jobs get created.

  • Florida
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