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Manatee–Sarasota

    By
  • Kevin McQuaid
  • June 15, 2018
TerraCap Management shifts from primarily buying to selling office assets

TerraCap Management is selling assets purchased at a discount like Tampa International Business Center and reaping profits after improvements and re-leasing

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • June 15, 2018
Q&A: Bruce Erhardt

Bruce Erhardt of Cushman & Wakefield reflects on four decades of land deals and changes in and around Tampa Bay

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • June 15, 2018
Tampa Renaissance Hotel trades for $68 million

Clearview and Oaktree Capital team up to acquire Tampa Renaissance Hotel from Braemar Hotels & Resorts Inc. for $68 million, in keeping with the Dallas company's strategy to focus on upsclae lodging

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • June 15, 2018
Cove Apartments in Tampa sells for $96.5 million

Gamma Real Estate of New York's $96.5 million purchase of the Cove Apartments in Tampa marks the latest mega multifamily deal in the area

  • Commercial Real Estate
    By
  • Business Observer Staff
  • June 14, 2018
New hospital chooses founding president

Longtime Florida health care and hospital executive Sharon Roush has been named the founding president of one of the newest hospitals in the region,  Sarasota Memorial Hospital – Laurel Road. The 65-acre medical campus and hospital is being built to serv

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • June 13, 2018
Hospital names new member to board of trustees

Col. Todd Chace joined the medical staff of Englewood Community Hospital in 1987 and served two tours in Iraq and two tours in Afghanistan overseeing medical units.

  • Manatee-Sarasota
    By
  • Kevin McQuaid
  • June 13, 2018
Foundation sells large tract for roughly $18 million

Neal Land Ventures invests roughly $18 million to acquire 300-acre tract in North Venice in Sarasota County that had been slated to become The Bridges, an affordable housing community, in 2005

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • June 12, 2018
Financial firm names new president and CEO

Sarasota-based Cumberland Advisors co-founder David Kotok will remain chairman of the board and chief investment officer of the firm.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • June 11, 2018
Locally based national restaurant chain names new CEO

Current First Watch President Chris Tomasso will take on the additional role and title of CEO, succeeding Ken Pendery.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • June 8, 2018
College names executive for newly created top role

Todd Fritch will serve as executive vice president and provost of State College of Florida, Manatee-Sarasota.

  • Manatee-Sarasota
    By
  • Kevin McQuaid
  • June 8, 2018
Jebco Ventures set to debut Embassy Suites, start on Hampton Inn & Suites nearby in Sarasota

Sarasota developer Jebco Ventures begun by Jim Bridges in 1975 has embarked on a pair of new hotels in city's downtown that will add more than 300 new rooms to inventory

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • June 8, 2018
Passco Cos. bought Springs at Bee Ridge apartments for a multitude of reasons

Passco Cos. spends $77.5 million to buy Springs at Bee Ridge from Continental Properties before renaming the new 360-unit community Longitude 82

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • June 8, 2018
Commercial landlords could face big tax hike

Commercial landlords, renters and businesses could face combined $700 million property tax hike unless voters agree to extend non-homesteaded tax cap permamently

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • June 8, 2018
Sembler top executive 'cautiously optimistic' about future

Sembler Co. and other shopping center landlords are optimistic about the future despite fears regarding the growth of online shopping

  • Commercial Real Estate
    By
  • Business Observer Staff
  • June 7, 2018
County collects $1 million from vacation rental website

Home sharing and vacation rental company Airbnb provided nearly $1 million to Sarasota County in tax revenue in the first year of its agreement with the county.

  • Manatee-Sarasota
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