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Tampa Bay–Lakeland

    By
  • Business Observer Staff
  • February 19, 2020
Real estate developer sentenced in $2.7M mortgage scheme

Real estate developer Marek Harrison, a Plant City, Florida, resident, has been sentenced to 20 months in federal prison for a mortgage fraud scheme.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 18, 2020
Area real estate firm, CEO face fraud charges in alleged $170M scheme

EquiAlt, a Tampa real estate investment firm, faces federal fraud charges stemming from what the SEC says was a $170 million Ponzi scheme.

  • Tampa Bay-Lakeland
    By
  • Kevin McQuaid
  • February 18, 2020
Saunders' MSC Commercial joins TCN network

Sarasota's MSC Commercial, the commercial real estate brokerage arm of residential powerhouse Michael Saunders & Co., has joined the TCN Worldwide Real Estate Services network, of Dallas.

  • Commercial Real Estate
    By
  • Business Observer Staff
  • February 18, 2020
Area fast-food chain recruits Boston Market CEO to run company

Tampa, Florida-based Checkers & Rally’s has named Frances Allen CEO and a member of the company's board of directors, effective Feb. 17.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 17, 2020
Manufacturer unveils massive new headquarters

Madico Inc., a maker of window films and a wholly owned subsidiary of Phoenix-based Lintec USA, on Feb. 13 officially opened its new, 247,000-square-foot headquarters and manufacturing facility located at 9251 Belcher Road N., Pinellas Park, Florida.

  • Tampa Bay-Lakeland
    By
  • Kevin McQuaid
  • February 14, 2020
TerraCap grows by following focused "thesis"

TerraCap Management has grown its asset base by 10 times in the past five years by carefully executing a simple strategy.

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • February 14, 2020
Cassia Cay property trades hands

Deal by Michigan company to consolidate ownership of Cassia Cay, a key Sarasota County 31-acre tract, may jumpstart long-stalled development plans for 32-acre site near Westfield Sarasota Square mall.

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • February 14, 2020
NAIOP honors "Best of the Best" in Tampa

NAIOP Tampa Bay's 2019 "Best of the Best" awards recognized developers, investors and brokers throughout the region for accomplishments last year.

  • Commercial Real Estate
  • By None
  • February 14, 2020
Greenway could link downtown to Water Street Tampa

Tampa is considering a greenway link between downtown Tampa and the $3 billion Water Street Tampa project being developed by Strategic Property Partners.

  • Commercial Real Estate
    By
  • Business Observer Staff
  • February 13, 2020
Cancer researcher forced to resign sues hospital for defamation

The lawsuit was filed Feb. 13.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 13, 2020
Prominent restaurant company leader resigns from role

Liz Smith has resigned as executive chairwoman at Bloomin’ Brands, the Tampa-based parent company of Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill and Fleming's Prime Steakhouse and Wine Bar.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 12, 2020
Area man found guilty in promissory note scheme

James Hosner, a resident of Palm Harbor, has been found guilty in a $48,500 phony promissory note scheme.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 11, 2020
Builder plans new residences at lagoon community

Lennar, a Miami-based national homebuilder, has unveiled plans to build another community at Epperson, the master-planned Wesley Chapel, Florida, district that features a seven-acre recreational lagoon built by Crystal Lagoons.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 10, 2020
Area enjoys record-setting tourism revenues as peak season gets under way

Tourism revenue for Tampa and Hillsborough County, Florida, reached historic highs in January as the area’s bed tax collections surpassed $3 million for the first time.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 7, 2020
Developer opens $30 million hotel

The Karol Hotel, a $30 million project developed by the Bullard Group, opened for business on Feb. 6 in a ribbon-cutting ceremony attended by St. Petersburg, Florida, Mayor Rick Kriseman.

  • Tampa Bay-Lakeland
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