Tampa Bay–Lakeland | Business Observer

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Tampa Bay–Lakeland

By

Laura Lyon
June 18, 2024

$10B bank based outside Miami names Tampa, Central Florida leader

Mike Nursey joins Amerant Bank as Central Florida market president.

Tampa Bay-Lakeland

By

Louis Llovio
June 18, 2024

Notorious Clearwater motel site to become affordable housing development

Construction will officially kick off this week on a four-story apartment building near downtown where the Economy Inn once stood.

Tampa Bay-Lakeland

By

Mark Gordon
June 17, 2024

Business Observer 2024 40 Under 40 nominations now open

The Business Observer's annual 40 Under 40 issue celebrates the best of the best of the up-and-comers.

Florida

By

Steven Benna
June 17, 2024

The week's top commercial real estate transactions in Charlotte, Collier, Hillsborough, Lee, Manatee, Pasco, Pinellas, Polk, Sarasota

A pair of hotels in Fort Myers sold for over $40 million to highlight transactions.

Transactions

By

Louis Llovio
June 16, 2024

Developer pays nearly $18M for 195 acres along I-75 in Punta Gorda

In the week's top commercial real estate news, a Sarasota tower is approved, four Tampa properties are included in $1.5 billion portfolio sale, and a Cape Coral pizza joint opens.

Florida

By

Louis Llovio
June 15, 2024

City vote on Rays stadium, development a 'regulatory' but hopeful step

After years of fighting to get a new stadium built in the city, or elsewhere, a St. Pete City Council vote last week is a positive, though tentative, step forward for the team and its fans.

Tampa Bay-Lakeland

By

Elizabeth King
June 14, 2024

Florida business owner charged with running human trafficking ring

The attorney general highlighted a human trafficking case out of spas in Manatee and Hillsborough counties in pointing to the need for a newly formed state task force.

Tampa Bay-Lakeland

By

Mark Gordon
June 13, 2024

Minnesota firm closes $570M deal for Tampa elevator company

A $570 million acquisition of Tampa elevator maintenance and repair firm Elevated Facility Services Group has closed.

Tampa Bay-Lakeland

By

Louis Llovio
June 13, 2024

New VR attraction will let you fight zombies in downtown St. Pete

A chain of virtual reality entertainment centers is opening on Central Avenue later this month.

Tampa Bay-Lakeland

By

Elizabeth King
June 13, 2024

PIE airport passenger traffic up 5% in May

More than 214,000 travelers passed through St. Pete-Clearwater International Airport last month.

Tampa Bay-Lakeland

By

Elizabeth King
June 13, 2024

Tampa bank division embarks on community association expansion

American Momentum Bank plans to target Texas first, then other areas of the country, in an effort to gain more property management clients.

Tampa Bay-Lakeland

By

Elizabeth King
June 12, 2024

Report: Cape Coral-Fort Myers construction jobs up nearly 35%

Construction jobs have increased by 34.7% in one area of the Gulf Coast since 2019, according to ABC Florida Gulf Coast.

Florida

By

Louis Llovio
June 12, 2024

Ybor City-adjacent apartments sell to South Carolina investor

The Lector 85 apartment community is about a mile from the historic district in Tampa and not far from downtown.

Tampa Bay-Lakeland

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

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