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Business Observer 7.22.22

Page 1

J U LY 22 - J U LY 28 , 2022 | TH R E E D O LL A R S

FLOR IDA’S NE WSPAPER FOR T HE C - SUI T E

Strategies | Inventor strings together a business by solving a common issue. PG.7 PASCO • H ILL SBOROUG H • PIN ELL AS • P OLK • M A N ATEE • SA R ASOTA • C H A R LOT TE • LEE • COLLIER

All’s Well

Controversy has swelled around a health products company founder — especially over his vaccine opinions. Despite the noise, the company continues to thrive. PAGE 10

Steven Rye | CEO, MERCOLA REAGAN RULE

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Let’s Make a Deal

Cryptocurrency lending platform with new Tampa office files for Chapter 11 bankruptcy. PAGE 3

While luxury multifamily deals get the headlines, some lower-cost apartment complexes are on the move, too. PAGE 3

New report finds that rising mortgage rates are forcing people to back out of contracts at a rapid rate. PAGE 6

Sarasota-Bradenton International Airport aviation maintenance school gets much-needed funding boost. PAGE 8

Developer goes to court to force Fort Myers city officials to close a $2.7 million land deal. PAGE 12

Charlotte County vacant land deals surpass $18 million. 14 Tampa apartment complex acquired for $63 million. 14 Sarasota builder sells land for $9.1 million. 14

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15 Keeping your best people isn’t always about money. A MUST-HAVE

Complete with the economic information, listings of the top companies by industry and profiles of people who are changing our region. 384964-1

DON’T MISS

Naples jewelry store owner heads to Alaska for a life adventure, and some gold. PAGE 5

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