Collier, Lee see fewer foreclosure sales in first quarter of 2010

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From January to March, more than 4,800 foreclosure homes sold in Lee and Collier counties, according to a new report by RealtyTrac.

Company will invest $175M in Naples-based TIB Bank

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The company announced that North American Financial Holdings Inc. will invest $175 million in the bank holding company, the parent of TIB Bank and Naples Capital Advisors.

In the Know: Target coming to East Naples? Fred’s ditches Diner? Dixie Moon closed?

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Q: Any idea if there’s still a fighting chance of Target coming to East Naples? I remember there being talk of one at the Collier/U.S. 41 intersection at some point.

Business events, June 28

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Area business events for June 28

Building demolition planned as former Daily News site attracts prospective buyer

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The former Daily News property in downtown Naples might be off the market soon. The 1075 Central Ave. property is under contract, said Tim Stautberg, chief financial officer for The E.W. Scripps Co.

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