Area News
Home Insurance Claims: What Southwest Florida Buyers Need to Know
Buying a home in Southwest Florida? Learn why many insurance claims result in no payout and what buyers should check before closing …
Apartment Owners AvalonBay and Equity Residential Agree to Merge
AvalonBay Communities and Equity Residential announced a merger that will create a multifamily real-estate company valued at more than $50 billion, combining over 180,000 apartment …
Mortgage Rates Hit a Nine-Month High in Blow to Prime Buying Season
Mortgage rates climbed to 6.51%, the highest level since August, making homeownership more expensive and slowing the spring housing market as buyers face high home …
Florida Gov. Ron DeSantis signs sweeping farm bill banning local gas-powered equipment restrictions
Gov. Ron DeSantis signed a broad Florida “farm bill” (SB 290) that, among other things, prevents cities and counties from banning gas-powered equipment like leaf …
233 acres in Charlotte County sold to Amazon
Amazon purchased 232.73 acres near I-75 in Charlotte County (Jones Loop Road, Punta Gorda) for $20.14 million. The company hasn’t disclosed its plans, with all …
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 …
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 …