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More News

    By
  • Elizabeth King
  • June 12, 2024
Report: Sarasota County visitors declined in April

Room rates increased by several dollars as other figures trended down, according to Visit Sarasota County.

  • Manatee-Sarasota
    By
  • Mark Gordon
  • June 12, 2024
Michigan credit union closes $160M deal for SWFL bank division

DFCU Financial, one of the largest credit unions in the country with $6.4 billion in assets, purchased MidWestOne Bank’s Florida operations in Naples-Marco Island and Cape Coral-Fort Myers.

  • Charlotte–Lee–Collier
    By
  • Mark Gordon
  • June 12, 2024
Report: Trouble lurks for big banks with big CRE loan overexposure

Billions of dollars in property financing will mature by 2026. For banks seeped in commercial real estate loans, this poses some outsized risks.

  • Florida
    By
  • Mark Gordon
  • June 11, 2024
Tampa digital payments firm picks up $50M investment

Restaurant and retail digital payments firm Mad Mobile has picked up $50 million in financing from Morgan Stanley Expansion Capital and Bridge Bank.

  • Tampa Bay-Lakeland
    By
  • Mark Gordon
  • June 11, 2024
The Capital Grille sets Fort Myers opening day, plans to hire 90 people

High-end steakhouse The Capital Grille will open its first Fort Myers location in less than two weeks.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • June 11, 2024
COVID fraud lands Riverview, Fort Myers men in federal prison

Two men were sentenced to federal prison this week in separate cases stemming from criminal charges for using ill-gotten COVID relief fraud for personal use.

  • Florida
    By
  • Elizabeth King
  • June 11, 2024
East Coast pizza franchise coming to Collier County

Ledo Pizza will open in late August in Ave Maria.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • June 11, 2024
Sarasota community foundation CEO announces retirement

Roxie Jerde, the head of the Community Foundation of Sarasota County, will retire in June 2025.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • June 11, 2024
Once-booming Big Storm Brewing faces eviction, lawsuit and closures

The Clearwater-based brewer and distiller, which has shut three of its five taprooms in a year, is facing off against a disgruntled investor as second landlord in a year says the company didn’t pay rent.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • June 10, 2024
Sarasota’s Detwiler’s says no plans for St. Petersburg store — for now

The family-owned and operated grocery store chain says that despite reports it does not have plans for a St. Petersburg store.

  • Manatee-Sarasota
    By
  • Elizabeth King
  • June 10, 2024
Area Anheuser-Busch owner joins board of Naples family nonprofit

The newest board member for Better Together is the head of Gold Coast Eagle Distributing.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • June 10, 2024
Benderson acquires 51-acre site in Venice for mixed-use project

North River Marketplace, a mixed-use development, has changed hands in Venice.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • June 10, 2024
As one manufacturer opens $15M Pasco facility, another closes

A Colorado compound pharmacy opened in Pasco County spec space days after a Dade City bottler announced it was closing.

  • Tampa Bay-Lakeland
    By
  • Andrew Warfield
  • June 9, 2024
Lack of control over prominent fairgrounds site irks Sarasota officials

County commissioners learn that as long as the 54-acre parcel near downtown hosts an agricultural fair, it can never reclaimed by the county.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • June 9, 2024
$120 million hospital project to officially break ground in east Manatee

In the week's top commercial real estate news, a Pinellas County shopping center sells for $7.5 million, a Sarasota condo project sees double and Lee County keeps fighting for discount.

  • Florida
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