Florida | Business Observer
WEBCollier County pays $20.77 million for 2,500 acres near Immokalee. In the week's top commercial real estate news, an engineering firm leases more space in Tampa, lots are ready for multifamily development for sale in Sarasota, and Babcock Ranch reaches a …
Court sides with prominent businessman in mortgage fee lawsuit
WEBJul 8, 2019 · PETERSBURG — Mortgage Investors Corp., a company chaired by St. Petersburg businessman Bill Edwards, the former owner of the Tampa Bay Rowdies soccer club, has been exonerated in a long-running federal lawsuit that stemmed from its involvement in a loan-refinancing program for veterans. The U.S. District Court for the …
FedEx closing four SWFL facilities, laying off over 200
WEBApr 18, 2024 · Charlotte–Lee–Collier. FedEx is laying off 221 employees and eight managers in Southwest Florida as it closes three facilities across the region. In four letters sent to the state this week, Federal Express Corp. announced the job cuts saying it was shutting down two shipping facilities in Naples and one each in Fort Myers and Punta …
Florida Blue appoints new exec for state’s west coast
WEBApr 9, 2024 · Florida Blue, the state’s Blue Cross and Blue Shield plan, named health care veteran Phillip Lee as its next market president for West Florida. Lee replaces longtime Florida Blue leader David Pizzo, who led Florida Blue’s West Florida regional operations for nearly 17 years. Pizzo died Feb. 9 at 64 of pancreatic cancer. Phil Lee. Courtesy ...
How to build trust as the successor in a family business
WEBAug 5, 2021 · The team ostensibly trusts you, the current leader, and will look to you for acceptance of the new leader. Treating the incoming leader with respect will go a long way to ensure the team will respect and trust them as well. Lead by example. Honesty. The chances that the incoming leader is already perfectly set up to succeed are slim to none.
Corporate lawyer now charged with making life easier for Florida ...
WEBAug 26, 2022 · A corporate lawyer by trade, she now heads Florida’s Department of Business and Professional Regulation. That job, she says, allows her to make a difference in the daily lives of business owners and their employees and customers. Melanie Griffin knew she wanted to be an attorney when she was 8 years old. It wasn’t one moment of …
Fort Myers Beach forever changed as developers swoop in
WEBApr 6, 2023 · Bottom Line. Key takeaway: Six months after Hurricane Ian, rebuilding Fort Myers Beach likely means some forever changes. Core challenge: Many of the homes and buildings that sustained the most damage were built before building codes were changed post Hurricane Andrew in 1992. What’s next: The massive rebuild of the beach …
2022 Top 50 Contractors in Southwest Florida | Business Observer
WEBMar 25, 2022 · The region's top 50 contractors by 2021 gross revenue: Manhattan Construction Group, $1.16 billion. Power Design, $875 million (pending audit) DeAngelis Diamond, $365 million. Ripa & Associates, $365 million. O-A-K/Florida Inc. DBA Owen-Ames-Kimball Co., $319 million. Brooks & Freund LLC, $218 million. Ajax Building Co. …
Property insurance market crisis looms over Florida
WEBFeb 8, 2022 · In December, when Citizens’ board approved the rate hike, the organization reported the state’s property insurance market was facing major challenges. It said the 52 private companies writing 79% of property insurance policies in the state lost $847 million through the third quarter of 2021. While that was happening, Florida led the nation ...
Bank finds opportunity in industry upheaval | Business Observer
WEBSep 10, 2020 · On a more local basis, Stuart-based Seacoast National Bank’s $40 million acquisition of St. Petersburg-based Freedom Bank closed Aug. 18. And the big one, of course, is BB&T and SunTrust, a $66 billion merger that created the sixth largest bank in the country by assets, with $460 billion, under the name Truist.
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