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Commercial Real Estate

  • By Louis Llovio
  • July 15, 2022
Minnesota buyer pays nearly $50 million for Fort Myers low-income units

Dominium, which specializes in affordable housing complexes, has bought a 320-unit complex in Fort Myers.

  • Charlotte–Lee–Collier
  • By Louis Llovio
  • July 15, 2022
A not-so-typical developer is building an affordable housing project with a twist in Wimauma

Nonprofit that builds affordable housing in rural areas through unique USDA program sees a pointed increase in demand. "There’s just there’s been an explosion" in need, says one official.

  • Commercial Real Estate
  • By Louis Llovio
  • July 15, 2022
Tampa boosts efforts to shut down illegal construction

The city has created a team to focus on stopping illegal construction sites and unlicensed contractors.

  • Tampa Bay-Lakeland
  • By Louis Llovio
  • July 14, 2022
Developer of Farmer Joe’s property sues Fort Myers after sale agreed to in 2018 is again delayed

Johnston & Johnston has sued the city after council members blocked the deal as it seeks new appraisal.

  • Charlotte–Lee–Collier
  • By Louis Llovio
  • July 12, 2022
After monthslong delay, city closes $1.4M sale of grocery store property

The city of Tampa will build a multigenerational recreation complex on the site of a former Penny Saver Food Market and adjacent park.

  • Tampa Bay-Lakeland
  • By Louis Llovio
  • July 12, 2022
Buyers backing out of home sales nationally hit record numbers, three area cities top the list

A recently released report finds that rising mortgage rates are forcing people to back out of contracts for homes.

  • Tampa Bay-Lakeland
  • By Louis Llovio
  • July 11, 2022
Tampa apartment complex refinanced for nearly $80 million

The owners of the Hamilton Point on Egypt Lake apartments have refinanced about a year after buying the property and renovating it.

  • Tampa Bay-Lakeland
  • By Louis Llovio
  • July 8, 2022
Rules to promote condo safety could create financial nightmares for owners and associations

New condo safety rules likely to put low-income and fixed-income condo owners in a bind that might end in foreclosure.

  • Commercial Real Estate
  • By Louis Llovio
  • July 8, 2022
Retailer Crate & Barrel expanding into Bradenton with warehouse

Home funrnishing and decor chain is leasing warehouse space off U.S. Highway 301.

  • Manatee-Sarasota
  • By Louis Llovio
  • July 7, 2022
Sarasota developer appeals rejection of plan to demolish downtown Mira Mar building

Seward Development will ask Sarasota City Commission to reverse June decision to reject demolition permit.

  • Manatee-Sarasota
  • By Louis Llovio
  • July 5, 2022
Prominent Sarasota law firm finds new downtown HQ, leaving offices it's been at for nearly 45 years

Williams Parker will move out of its current offices on Orange Avenue into the Plaza at Five Points.

  • Manatee-Sarasota
  • By Louis Llovio
  • July 5, 2022
Investor pays nearly $40 million for office and retail space in Tampa

Baltimore firm buys into Grand Central at Kennedy, a prime downtown development in Channel District.

  • Tampa Bay-Lakeland
  • By Steven Benna
  • July 5, 2022
Transactions: June 28 to July 4

Nearly $100 million in Lee County multifamily deals highlight this week's transactions.

  • Transactions
  • By Business Observer Staff
  • June 28, 2022
Historic Tampa hotel to rebrand as upscale Hilton property

The Floridan Palace Hotel will be part of the company’s Tapestry Collection.

  • Tampa Bay-Lakeland
  • By Steven Benna
  • June 27, 2022
Transactions: June 21-27

St. Pete apartment complex, in a $123.2 million sale, highlights this week's transactions.

  • Transactions
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