Naples Networking

Recent transactions reported by the Collier County Property Appraisers office.

Naples-based Partners Bank is getting an infusion of money that will allow it to expand into Central Florida and make more loans in Collier County. Partners Financial Corp., the bank’s parent company, on Thursday announced it has signed a merger agreement with Semoran Financial Corp., a community bank in development in the Orlando area.

Tempers are flaring as residents of Bonita Bay Group’s communities are considering taking legal action against the developer and trying to work out plans to take over their golf clubs. In a fight to avoid bankruptcy, the Bonita Bay Group, headquartered in Bonita Springs, last week brought on crisis management specialist Tim Boates, with RAS Management Advisors LLC. One of his first orders of business is to sell off the golf clubs as quickly as possible.

The numbers are in, and the news isn’t great. Collier County saw a decrease in its taxable property value for the second year in a row. Collier’s property worth is down 11 percent from 2008, the county’s property appraiser announced Wednesday. An initial look at the 2009 value shows a total market value of $86.7 billion with a taxable value of more than $69.6 billion countywide. In 2008, the taxable value was $78.6 billion, which dropped nearly 5 percent from the 2007 taxable value — $82.5 billion.