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Industries

  • For Subscribers Only
  • By Jean Gruss
  • May 20, 2011
Capital Battle

Investors are scouting for opportunities to acquire banks in Florida, laying the groundwork for what they see is the eventual recovery. Big names in finance are placing their bets today.

  • Industries
  • For Subscribers Only
  • By Jay Brady
  • May 20, 2011
Shakedown

Hillsborough County's request for proposal process for big construction projects may not meet the legal definition for bid shopping. Disputes abound on all sides.

  • Florida
  • For Subscribers Only
  • By Jay Brady
  • May 20, 2011
Redistricting 101

While Florida legislators got tutored recently on the ins, outs, do's and don'ts of redistricting, a law student went ahead and mapped out his version of a congressional redistricting plan for Florida.

  • Florida
  • For Subscribers Only
  • By Business Observer Staff
  • May 13, 2011
San Diego investors buy Sandalwood Park

San Diego investors Ross Baldwin and Robert Rosi purchased the mortgage note for a 12-unit Sandalwood Business Park flex building and additional vacant land.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • May 13, 2011
Phoenix firm pays $33 million for complex

Phoenix-based Alliance Residential Co. purchased the 366-unit Westbury at Lake Brandon Apartments for $33.1 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • May 13, 2011
Texas hotelier acquires historic district Holiday Inn

Texas hotelier Wajidali Alladina purchased the 122-room Holiday Inn in Fort Myers' Downtown Historic District for $3 million.

  • Commercial Real Estate
  • For Subscribers Only
  • By Business Observer Staff
  • May 13, 2011
N.Y. apartment investor buys Bonita Apartments

Eastside Equities LLC flipped the 31-unit Bonita Apartments to New York City-based Blue River Capital LLC for a $216,000 profit.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • May 13, 2011
Mental Health Care Inc. buys Elizabeth Arms

Tampa-based Mental Health Care Inc. purchased the 55-unit Elizabeth Arms apartment complext for $900,000.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • May 13, 2011
Mental Health Care Inc. buys Elizabeth Arms

Tampa-based Mental Health Care Inc. purchased the 55-unit Elizabeth Arms apartment complext for $900,000.

  • Tampa Bay-Lakeland
  • For Subscribers Only
  • By Business Observer Staff
  • May 13, 2011
JCI Jones Chemical moving to Rivolta site

Sarasota-based JCI Jones Chemical has purchased the 7,603-square-foot Rivolta Group headquarters building in downtown Sarasota for $2.3 million.

  • Manatee-Sarasota
  • For Subscribers Only
  • By Business Observer Staff
  • May 13, 2011
Ronto Group purchases land for $18 million

RP Bonita Beach Rd LLC purchased 691 acres on the east end of Bonita Beach Road near Village Walk and 724 acres of mitigation land in Lee and Hendry counties for $18 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Business Observer Staff
  • May 13, 2011
iStar Financial renovates first phase of M&I building

New York City-based iStar Financial has completed the first phase of its renovation to the M&I Bank in downtown Sarasota.

  • Commercial Real Estate
  • For Subscribers Only
  • By Jay Brady
  • May 13, 2011
Muddy Waters

The Southwest Florida Water Management District accumulated piles of cash the past few years, which raised questions about its management. The state has stepped in by limiting its ability to raise property tax revenue going forward.

  • Florida
  • For Subscribers Only
  • By Dan Ping
  • May 13, 2011
Cashing in on Green

A Lake County bank is betting there's money to be made in financing green projects. To show it's more than marketing, it's leading by example in the construction of its new bank.

  • Finance
  • For Subscribers Only
  • By Mark Gordon
  • May 13, 2011
Well Done

The success of First Watch in the last 25 years is a triumph for Ken Pendery. So too, is building a company of budding entrepreneurs.

  • Industries
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