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More News

    By
  • Adam Hughes
  • June 2, 2006
Real Estate Briefs

Benderson completes Towne Center purchaseZuckerman Group, JEG buy land for office buildingGrand Oaks Properties plans office parkSarasota Conservation Foundation group buys waterfront propertyNeviot Realty buys The Preserve at Temple TerraceWood Partners buys land for 610 FranklinMarissa Collections buys location on Third StreetManheim acquires Southwest Florida Auto AuctionNaples group buys land, plans mixed-use project

  • Manatee-Sarasota
    By
  • Adam Hughes
  • May 29, 2006
Real Estate Briefs

HMA purchases Naples Cleveland ClinicMarriott Vacation Club to buy Marco Island RadissonBradenton investor ACQUIRES retail SPACERobb & Stucky plans aggressive expansionNeal Communities buys land for River's Song communityPremier to acquire Turnberry's second phaseRanch Realty plans MEDICAL/OFFICE parkSCI buys Northbay Commerce CenterInvestment group buys Missouri CrossingsCCMS 200-1 Corporex buys Lakecrest Office

  • Charlotte–Lee–Collier
    By
  • Adam Hughes
  • May 29, 2006
Coffee Talk

Scouring for tips: Fresh from its high-profile battle to boost the value of the struggling newspaper stocks in its portfolio, Naples-based Private Capital Management has added new companies to its investment holdings this year.Another I-75 hotel: Update: Michael Lepore's MPL Properties expects to be moving forward on the Radisson Hotels & Resorts planned for the Fruitville Road/Interstate 75 intersection in Sarasota (see the Review, Nov. 11, 2005).Five bankers resign: Joseph Catti resigned recently as president of Northern Trust in Fort Myers, taking four other bankers with him.Collier shares wealth: The Collier family is well known in Southwest Florida. Nearly 100 years ago, Barron Gift Collier, who made millions with streetcar advertising, bought 1.3 million acres in what later became known as Collier and Hendry counties.Miva insiders buy stock: It's always a good sign when management eats its own cooking.TAXATION: How Florida ranks

  • News
    By
  • Adam Hughes
  • May 18, 2006
Coffee Talk

Slowdown? What slowdown?: Judging from the building-permit data in Lee County, you wouldn't think there's a construction slowdown looming.The optimist: Just when you thought hurricanes, insurance shocks and rising interest rates were starting to choke off the phenomenal growth of Florida's housing market, at least one economist is staying positive.Neogenomics profitable: Neogenomics, a small Fort Myers-based genetic cancer-testing firm recently achieved its first quarterly profit.Remarkable individual:Ali Ebrahimi, president/owner of Houston-based Ersa Grae Corp. and developer of downtown Sarasota's prominent Plaza at Five Points, has a remarkable personal story.Chico's is buying low: The stock of Fort Myers-based Chico's FAS has been hit hard this spring following disappointing sales numbers.

  • News
    By
  • Adam Hughes
  • May 12, 2006
Coffee Talk

Nervous Nellies make an appearacneHow to buy a piece of Babcock RanchA better yearfor Suncoast CEOStill Red HotChow downDagwood's dream comes to life

  • News
    By
  • Adam Hughes
  • May 12, 2006
Real Estate Briefs

Drew Northport Investments buys 514 acresSarasota developer buys School Avenue landHoward Johnson owners acquire portion of existing landRe/Max expandsHealth Care Property to buy CNL PropertiesNaples' Stock Development chosen for Murdock VillageNaples Lumber, Supplyinvests in Fort Myers siteOffice SpaceRedstone buys former Winn DixieFirst Industrial Realtybuys 19 buildingsOak Bend buys Buccaneer Plaza

  • Manatee-Sarasota
    By
  • Adam Hughes
  • May 7, 2006
Real Estate Briefs

Toll Brothers Inc. plans Palazzo VillageChico's buys land for expansionThrogmartin Co. breaks groundWaterford Cos. acquires land for Villa VenetoAmSouth buys building for Bayshore branchVision Homes builds Gladstone ParkSchickedanz Homes buys land for Wyndrush CondominiumsPublix acquires two parcels in Treasure IslandSafety Harbor investors buy PALM HARBOR Plaza

  • Charlotte–Lee–Collier
    By
  • Adam Hughes
  • May 7, 2006
Coffee Talk

A good morning to you: Contractors, plumbers and anyone else working on construction sites in Sarasota County might be in for a surprise with their morning coffee: a building inspector.Cleveland Clinic land in limbo: Now that the Cleveland Clinic has sold its Naples hospital to Health Management Associates, what is it going to do with land it owns in adjacent Lee County?Dogged effort: Last November, the Review reported land agent Bill Eshenbaugh's somewhat unusual approach to selling a 450-acre development site in rural Pasco County.Floridaboom: Pity Tallahassee. While it's 1.6% job growth rate over one year and 2.8% over five years is respectable for any state capital, it's pretty paltry when compared to just about every other Florida region.Community banks, thrifts disappoint: A flat yield curve and intense competition for commercial and industrial loans hurt community banks and thrifts during the first quarter of the year. Welcome, Sabal: It looks like Brian Hall and some other bankers in the area (see AmSouth, next item) didn't get the Ryan Beck & Co. memo.Unrestrained Exuberance: AmSouth Bank is about a year behind its Florida peers, but it plans to catch up fast.Hotels are the new condos: The aftermath of the terrorist attacks of Sept. 11 and Hurricane Charley put a halt to new hotel developments in Southwest Florida.Law now fair?: The legal doctrine of joint and several liability, recently overturned by t

  • News
    By
  • Adam Hughes
  • April 28, 2006
Real Estate Briefs

TC Group buys land for Venice galleriaFirst Florida Bank expands into VeniceDeveloper plansPalmetto industrial parkFlorida Gulf Coast University buys land for expansionMiami home builderbuys in Fort MyersElias Brothers buys land for RaffiaFinergy buys in Channelside, plans condo/hotelRetail center owner buys Universal PlazaMarker 1 Marina sold to Dunedin buyersColliers Arnold report: robust growth continues

  • Manatee-Sarasota
    By
  • Adam Hughes
  • April 28, 2006
Coffee Talk

Turner still headed for the top: Tragedy recently struck Tampa businessman John Turner's team as it struggles to climb Mount Everest - the world's highest peak.Kvetko returns to Fifth Third: Colleen Kvetko has returned. And she wants her customers back.Tax surprise: Which states are burdening business with the heaviest tax load? The Golden State, run by those Hollywood liberals? Taxachusetts?Faster than an Insignia: It sounds like the organizers of the not-yet-chartered Insignia Bank are itching to start lending and spending some of its initial capital.Report: Foreclosures up: Houses going into foreclosure across the nation climbed 38% to 323,102 in the first quarter from the previous quarter; Florida had the second-highest number of foreclosures at 29,636, even though the state's foreclosures dropped 14% from the same period a year earlier, according to an online real estate company.TIB Bank joins the billion-dollar club: TIB Bank recently joined the small club of Gulf Coast-based banks and thrifts with more than $1 billion in assets.

  • News
    By
  • Adam Hughes
  • April 21, 2006
Real Estate Briefs

Realtor, RBS Cos. buy Silkwood propertyTibbetts, partner buy office on OrangeReliance Partners, others plan Mendoza developmentUPGRADES TO THE PALMS NEARLY COMPLETETarpon Springs One acquires land for marina, residentialClearwater resident buys Southron ApartmentsCompany purchases Bayside at Palma CeiaTwo land developers buy 40 acres on Pine IslandMobile home park sold, improvements plannedTwo Steves buy Sanibel marina

  • Manatee-Sarasota
    By
  • Adam Hughes
  • April 21, 2006
Coffee Talk

Naples college gets pumped up with donation: International College, a Naples-based college that focuses on career-oriented studies such as accounting and information technology for working adults, landed a multimillion-dollar gift from Lavern Norris Gaynor, an heiress to the Texaco oil fortune.Development lending up: The folks who pay off depositors at failed banks have issued their latest quarterly overview of the Florida economy, just in time for the Review's special banking issue.A good audit: During this time of year, the word audit is normally not a good thing. But for Sarasota County, a recent audit turned out OK. Bancshares of Florida reveals growth strategy: Naples-based Bancshares of Florida officials are mum about their planned secondary offering of stock, but its recent filing provides some revealing clues about the future of the company headed by CEO and President Michael L. McMullan HMA to bond market: You're OK: The corporate-bond market doesn't look so bad after all.Firm looks for strong premier: Premier Properties, the luxury real estate arm for Naples-based Lutgert Cos., confirmed April 12 what Coffee Talk reported on April 7: The company has hired away a top executive from Michael Saunders & Co. to lead its first expansion north to Sarasota.Company denies getting VC, yet: Coffee Talk thought we'd heard good news about Gemesis Corp., a Sarasota maker of synthetic diamonds, in the aftermath of a boffo presentatio

  • News
    By
  • Adam Hughes
  • April 17, 2006
Real Estate Briefs (Lee/Collier)

Investment company buys lots in River HallFort Myers investors planning office, retail developmentGE Commercial buys Robb & Stucky building

  • Charlotte–Lee–Collier
    By
  • Adam Hughes
  • April 17, 2006
Coffee Talk

HMA: Bond sale? What bond sale?: Just two days after Naples-based Health Management Associates said it would sell $400 million worth of bonds, the hospital company abruptly canceled the sale.Film fest puts on a profitable show: Sarasota residents love movies, and they spent the cash to prove it the last few weeks.Boston developer scouts for deals from Tampa to Naples: Evidence of Southwest Florida's growth has popped up on the radar of The Davis Cos., a longtime Boston development company that has developed more than $1 billion worth of real estate in 30-plus years.Demand goes up, rents rise: The Tampa Bay area's office market moved up to fourth place in 2006 on the Marcus & Millichap ranking of the country's major commercial real estate markets, thanks to a strong local economy spurred by company expansion and corporate relocation.In memoriam: Coffee Talk was saddened to hear about the death of Brent Craven, the former CEO of a Tampa online education company and one-time St. Petersburg resident.

  • News
    By
  • Adam Hughes
  • April 17, 2006
Real Estate Briefs (Tampa)

Miami investor buys St. Petersburg apartmentCastillo Housing plansCoastal Palms acquisition sets record

  • Tampa Bay-Lakeland
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