Insignia Bank has hired a veteran Tampa Bay banker as it expands its commercial lending division into Pinellas County. T. Bullitt McCoun IV was named vice president of commercial lending for Insignia. McCoun, who previously worked in commercial lending for Stonegate Bank, BankUnited, BB&T and SunTrust Bank, is based out of Insignia’s new loan production […]
Not many CEOs find themselves taking the top position in the wake of personal tragedy. And not many could continue building a family legacy despite overwhelming grief. Kelly Vlahakis-Hanks took over as CEO of Earth Friendly Products 2014 after her father unexpectedly passed away. Van Vlahakis led the company for 47 years, growing Earth Friendly […]
A $50 million line of credit from Hancock Bank is giving Validus Senior Living the fuel it needs to acquire or refinance senior living communities. Validus, a Tampa-based owner of senior living communities, used the line of credit to buy Inspired Living at Tampa at 5130 Kelly Road last month, and is in the process […]
Over the last year, a low-slung, 1960s brown-brick home on the Davis Islands waterfront has given way to a 7,600-square-foot West Indies-style mansion, built on a speculative basis. The home is the fifth speculative mansion that a local development group has built — and the highest priced so far. Listed at $5.995 million, the home […]
A waterfront estate on Sarasota Bay will auctioned off without reserve next month. Platinum Luxury Auctions said Friday that it will auction off 2309 Alameda Ave., in Sarasota’s Indian Beach-Sapphire Shores, on Feb. 5. The home was previously listed for $5.5 million. Auctions of luxury estates are typically done when a seller wants to close […]
Susana Weymouth Title, company: Executive director, Tampa Bay Businesses for Culture & the Arts Lives: Pass-a-Grille Born: Cuba Education: Georgetown University Languages: Spanish, French, Chinese Recent private sector role: Client relationship manager at fast growing Tampa technology firm MedHOK Passion for film: Former development director of the Film Society of Miami and its Miami International […]
Pollack Shores Real Estate Group is moving forward with a South of Gandy apartment development after Camden Property Trust walked away from the deal. Pollack Shores, based in Atlanta, has proposed 288 units on the 12.3-acre site between Lois and Manhattan avenues — just south of the Walmart Supercenter on Gandy Boulevard. Camden (NYSE: CPT) […]
Florida was one of 37 states to see its November construction unemployment rate improve compared to the year-ago period, a new report from Associated Builders & Contractors Inc. shows. In November, Florida’s construction unemployment rate was 5.7 percent, down 1.9 percent from a year ago. The state had the 20th-best unemployment rate for the construction […]
The mayors of Tampa and St. Petersburg appear to be getting closer to launching a new pilot ferry service linking the two cities. Mayor Bob Buckhorn of Tampa says he want to see the numbers but that he would like to see the downtowns linked. “The idea makes sense,” Buckhorn said. “I think connecting our […]
The lender who provided a $70 million senior loan for a new development in downtown Tampa is “excited” about the deal. California-based PCCP LLC said Monday that it is backing Atlanta-based Carter’s 23-story apartment tower on North Franklin Street. Carter closed on the 1-acre block in September for $6.4 million and began demolition of the […]