Business Email Compromise (“BEC”) is a fraud scheme targeting industries that regularly wire funds. According to the FBI, BEC has been reported in all 50 states and in 150 countries. From June 2016 to May 2018, 19,338 victims have reported this crime in the United States, alone resulting in $1,629,975,562 in losses. The title issuance … Read more
An overwhelming majority of high-end home buyers, internationally, see their investment as more than a financial one, according to a study conducted by Luxury Portfolio International, a leading division in luxury real estate around the globe. Luxury homes are established as a place to set down roots and create deep emotional ties. For that reason, … Read more
Coral Rock Development Corp. and Arena Capital Holdings, both based in Miami, acquired Prospect Towers in downtown Clearwater for $13.5 million. The senior living high-rise has 208 independent living units and sits on 2.3 acres. Coral Rock and Arena Capital plan to renovate the property, including the interior. Innovation Senior Management will manage operations of … Read more
Even high-powered CEO’s celebrate Valentine’s Day, and we’ve served up some great ideas for your sweetheart this month! Don’t miss The Good Life and all its glory. Our cover story subject, Monica Eaton-Cardone, was a joy to interview. Her journey with her current company, as well as many other companies that she’s since sold, and … Read more
►Craig Scafidi, a commercial advisor with Coldwell Banker Commercial, represented Amigo’s Tortilla Bar as they signed a lease to open their first St. Petersburg location in a 2,000-square-foot commercial building at 681 Central Avenue. (Photo above) ►Dean Akers joined the board of directors for the Tampa Bay Innovation Center in St. Petersburg. ►Clearwater-based Master Restoration … Read more
►Transwestern Development, in partnership with a private real estate fund advised by Crow Holdings Capital-Real Estate, acquired 183.5 acres that will be developed as a speculative 1 million-square-foot industrial facility at 6200 State Road 33 N. in Lakeland. (Rendering above) ►Coldwell Banker Commercial Saunders Real Estate in Lakeland reported the sale of 3 Creeks Crossing … Read more
A new high-rise development has been proposed for downtown St. Petersburg at the corner of Third Avenue North and Second Street North, where Sundial valet parking and Fit 2 Run currently sit. The proposed tower would be 25 stories tall, with 100 residential units, three of them being larger penthouse units. The proposal includes 7,000 … Read more
Tampa Bay’s building boom is more than just a collection of oversized cranes creating more downtown office space. It is a story of growth – one that reflects the increasing popularity and population of the region – and one that isn’t ending anytime soon. Five years from now, the Tampa Bay skyline and surrounding … Read more
Interview transcribed by Melissa Razdrih Dewey Mitchell and Allen Crumbley have been in business together for more than 30 years. Both are brokers, and co-owners, of Capstone Tropical Holdings in Trinity. Meeting at the University of Alabama in 1974 as freshman with football scholarships, the two maintained a longstanding friendship that led to an amazingly … Read more
Photos by Penny Rogo Michael Saunders is an iconic member of the Sarasota business community, you may know her by her colorful scarves. The woman with a man’s name built her waterfront luxury real estate business during a time when women needed a male signature to get a $5,000 loan. She’s a leader that doesn’t … Read more
