Analysts: Charlotte County’s rapid population growth calls for more services

Author: Nancy Semon, Gulfshore Business Published: November 15, 2024 Summary: Charlotte County’s population increased 5.2% from June 2023 to March 2024. During a Nov. 12 Board of County Commissioners meeting, analysts recommended steps to be considered to prepare as...

Washington Post joins corporate America in return of five-day office mandate

Other News

By Katie Burke and Jonathan Lehrfeld CoStar News Summary: The Washington Post has announced a return to a five-day in-office workweek starting next year, ending its remote and hybrid policies established during the pandemic. Publisher Will Lewis emphasized the...

Here are six notable housing-related measures voters decided this week

Other News

By David Holtzman CoStar News Summary: Voters across several states and cities made significant decisions regarding housing and property taxes during the recent Election Day. In Charlotte, North Carolina, residents approved a $100 million bond for affordable housing...

NextEra’s Florida Utility Seeks to Cover $1.2 Bln in Hurricane Costs with Temporary Bill Increase

Uncategorized

By Dean Seal Summary: NextEra Energy’s Florida Power & Light is seeking approval from the Florida Public Service Commission for a temporary surcharge on customer bills in 2025 to recover $1.2 billion in costs related to hurricane damage from Hurricanes Debby,...

Bosses Are Calling Workers Back to the Office. That’s Good News for Landlords.

Other News

By Peter Grant Office market shows signs of stabilizing as one-third of companies require workers in five days a week Summary: The U.S. office market shows signs of stabilizing as more companies, including Amazon and Dell, call employees back to the office, with...

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Area News

Florida Expands Legal Accreditation: What It Means for Investors & Business Owners

Synopsis The Florida Supreme Court has ended its exclusive reliance on the American Bar Association (ABA) to determine which law school graduates may sit for …

Nearly 9,000-Home Winchester Ranch Development Moves Forward — What Investors Need to Know About Southwest Florida’s Next Growth Engine

Southwest Florida continues to emerge as one of the nation’s most attractive regions for real estate investment, and the latest movement on the Winchester Ranch …

First Brands files for bankruptcy, revealing billions of dollars in liabilities

First Brands, a U.S. auto-parts maker, filed for Chapter 11 bankruptcy with at least $10 billion in liabilities and up to $10 billion in assets …

Port Charlotte resort gets new name as $200M sale closes

Blackstone Real Estate Group has purchased the Sunseeker Resort in Port Charlotte from Allegiant Travel Co. for $200 million, far below its $600M+ construction cost …

US apartment rent growth flattens in July

U.S. apartment rent growth stalled in July, with more than half of the 50 largest multifamily markets seeing month-to-month declines. The national average rent held …

The Fed is starting to worry about the housing market now

The Federal Reserve’s latest meeting minutes revealed new concerns about the housing market, which has been dragging down economic momentum. Policymakers noted weakening demand, falling …

Florida now permanently exempting sales tax on everything from batteries to bike helmets

Starting August 1, 2025, Florida now offers a permanent sales tax exemption on items like batteries, bike helmets, sunscreen, generators, and life jackets. These were …

Collier County approves NC Square project, residents voice traffic concerns

Collier County commissioners have approved the 24‑acre “NC Square” mixed‑use development at the southwest corner of Immokalee Road and Catawba Street, reshaping the site into …

Port Charlotte’s Sunseeker resort sold for $200 million

Allegiant sold the Sunseeker Resort Charlotte Harbor to Blackstone for \$200 million, aiming to refocus on its airline business. The \$695M resort faced delays and …

Driftwood Capital’s new luxury and lifestyle division will seek hotel deals domestically and overseas

Driftwood Capital has launched a new Driftwood Lifestyle & Luxury Division (DLLUX), focusing on managing, investing in, and developing luxury and lifestyle hotels and branded …