SEPTEMBER 23 - SEPTEMBER 29, 2022 | THREE DOLL ARS
FLOR IDA’S NE WSPAPER FOR T HE C - SUI T E
Strategies | Revenue growth comes fast for firm that restores online reputations. 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
First In Florida’s small but mighty trust industry is in a prime spot to capitalize on generational wealth transfer trends. A new, trailblazing entry into the space has big plans, too. PAGE 12
Gentry Barnett Byrnes and Katie Pemble | ADELPHI TRUST CO.
COURTESY PHOTO
DEVELOPMENT
BANKING
COMPANIES
Checkered Flag
Vitamin Sea
Up and Up
Seacoast Bank, with a new Tampa president, looks to grow its presence and market share in the region. PAGE 8
Business that specializes in building elevators inside residences tracks a significant growth spurt. PAGE 14
DATA SNAPSHOT
BANKING
COMMERCIAL REAL ESTATE
Bricks and Sticks
Golden Opportunity
Flipped Out
Fending off e-commerce and the pandemic, the plain old retail store sector shows some resiliency. PAGE 6
DON’T MISS
First National Bank of Pasco plans to expand its roster of fintech services and products under new owners. PAGE 10
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Chicago business t hat ta kes t he mystery out of cryptocurrency opens second office, in Tampa. PAGE 16
Tampa condo complex sold for nearly $100 million. 18 Fort Myers medical office building acquired for $46.7 million. 18 Bradenton vacant land sold for $5.4 million. 18
Controversial property sold after compromise. Receive the top Business Observer news of the day in your inbox.
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As it nears a grand opening, Sunseeker Resorts teams up with a race car driver for a new branding initiative. PAGE 3
REAL ESTATE