Rain doesn’t stop crowds at 40th Annual Cape Coral Arts FestivalSports trading card collecting going through “a generational reboot”
CAPE CORAL Rain doesn’t stop crowds at 40th Annual Cape Coral Arts Festival For 40 years, the Cape Coral Arts Festival has drawn crowds from across Southwest Florida, showcasing a blend of small businesses from the region.
CAPE CORAL Sports trading card collecting going through “a generational reboot” The hobby of sports trading card collecting has been on the rise since 2020, especially in Southwest Florida with more card shows.
PUNTA GORDA 11th annual short film festival coming to Punta Gorda The Punta Gorda Englewood Beach Visitor Convention Bureau will host its 11th annual short film festival.
the weather authority Mild, breezy day on tap with more clouds than sun The Weather Authority says a brief line of showers, associated with a cold front, is moving through Southwest Florida Saturday morning.
ESTERO 1 injured after shooting at Coconut Point Mall According to the Lee County Sheriff’s Office, one person has been injured after a shooting at the Coconut Point Mall on Friday.
CAPE CORAL CCPD cruiser damaged after officer involved crash An officer-involved crash leaves a Cape Coral police cruiser smashed.
PORT CHARLOTTE Sweet’s Diner in Port Charlotte reopens After months of fundraising and rebuilding, this diner, which had a car fly-through it, is back open.
FWC pushing to protect Florida’s endangered manatees Florida Fish and Wildlife is pushing to protect endangered manatees. One danger that animals face is when boats bash into them, leaving deep scars across their backs.
FORT MYERS The Fort Myers Fire Department looks towards new year Fighting fires is always top of mind for the Fort Myers Fire Department. The Fort Myers Fire Department leads the way when it comes to protecting your property when a fire breaks out.
WINK NEWS Palisades Wildfire devastates SWFL family Just hours after evacuating their Malibu home, the Wohl family learned they would never go back.
CAPE CORAL Cape Coral expands with development The Cove at 47th The Cove sits in south Cape Coral between Cape Coral Parkway and Southeast 47th Terrace right next to Cork Soakers.
FORT MYERS ‘Operation Ghost Buster’: 16 arrested in Fort Myers drug operation The Fort Myers Police Department Narcotics Unit conducted an operation targeting drug traffickers and individuals unlawfully selling and possessing firearms in Fort Myers.
FORT MYERS ‘A Distinctive Honor’: Bank of America award benefits FSW Nursing Program Bank of America has been awarded Florida Southwestern State College the 2024 Neighborhood Champion Award.
CAPTIVA One step closer to decision on South Seas building density After hearing arguments from both sides, the judge said he stood by his earlier decision in favor of the Captiva Civic Association.
Governor signs death warrant for man accused of 1997 killing of 2 in Charlotte County Gov. Ron DeSantis has signed the death warrant for a man accused of killing two people in Charlotte County in 1997.
CAPE CORAL Rain doesn’t stop crowds at 40th Annual Cape Coral Arts Festival For 40 years, the Cape Coral Arts Festival has drawn crowds from across Southwest Florida, showcasing a blend of small businesses from the region.
CAPE CORAL Sports trading card collecting going through “a generational reboot” The hobby of sports trading card collecting has been on the rise since 2020, especially in Southwest Florida with more card shows.
PUNTA GORDA 11th annual short film festival coming to Punta Gorda The Punta Gorda Englewood Beach Visitor Convention Bureau will host its 11th annual short film festival.
the weather authority Mild, breezy day on tap with more clouds than sun The Weather Authority says a brief line of showers, associated with a cold front, is moving through Southwest Florida Saturday morning.
ESTERO 1 injured after shooting at Coconut Point Mall According to the Lee County Sheriff’s Office, one person has been injured after a shooting at the Coconut Point Mall on Friday.
CAPE CORAL CCPD cruiser damaged after officer involved crash An officer-involved crash leaves a Cape Coral police cruiser smashed.
PORT CHARLOTTE Sweet’s Diner in Port Charlotte reopens After months of fundraising and rebuilding, this diner, which had a car fly-through it, is back open.
FWC pushing to protect Florida’s endangered manatees Florida Fish and Wildlife is pushing to protect endangered manatees. One danger that animals face is when boats bash into them, leaving deep scars across their backs.
FORT MYERS The Fort Myers Fire Department looks towards new year Fighting fires is always top of mind for the Fort Myers Fire Department. The Fort Myers Fire Department leads the way when it comes to protecting your property when a fire breaks out.
WINK NEWS Palisades Wildfire devastates SWFL family Just hours after evacuating their Malibu home, the Wohl family learned they would never go back.
CAPE CORAL Cape Coral expands with development The Cove at 47th The Cove sits in south Cape Coral between Cape Coral Parkway and Southeast 47th Terrace right next to Cork Soakers.
FORT MYERS ‘Operation Ghost Buster’: 16 arrested in Fort Myers drug operation The Fort Myers Police Department Narcotics Unit conducted an operation targeting drug traffickers and individuals unlawfully selling and possessing firearms in Fort Myers.
FORT MYERS ‘A Distinctive Honor’: Bank of America award benefits FSW Nursing Program Bank of America has been awarded Florida Southwestern State College the 2024 Neighborhood Champion Award.
CAPTIVA One step closer to decision on South Seas building density After hearing arguments from both sides, the judge said he stood by his earlier decision in favor of the Captiva Civic Association.
Governor signs death warrant for man accused of 1997 killing of 2 in Charlotte County Gov. Ron DeSantis has signed the death warrant for a man accused of killing two people in Charlotte County in 1997.
Photo by Competitive Insight Does it feel like you’ve seen more businesses move out and ‘for rent’ signs move in? Or, perhaps buildings just sitting empty? Depending on where you are looking, that could be exactly the case. ATTOM, a data company focused on real estate, dug into the number of commercial foreclosures. In Florida, from November of 2023 to January of 2024, there were 126 commercial foreclosures, according to ATTOM’s data. November 2023 – 39 December 2023 – 40 January 2024 – 47 The numbers have also climbed year over year. In January 2023, there were 33 commercial foreclosures compared to January 2024, which had 47. Nationwide, the numbers are concerning as well. According to ATTOM, in May 2020, there were 141 commercial foreclosures. At that point, the U.S. was a couple of months into the pandemic. By January 2024, commercial foreclosures surged to 635 – a 350% increase. “This uptick signifies not just a return to pre-pandemic activity levels but also underscores the ongoing adjustments within the commercial real estate sector as it navigates through a landscape transformed by evolving business practices and consumer behaviors,” said Rob Barber, CEO at ATTOM. WINK News also contacted Charlotte, Collier, and Lee Counties about commercial foreclosures to analyze whether our numbers echo the national and statewide trend. Charlotte County January 2023 – 1 November 2023 – 1 December 2023 – 0 January 2024 – 2 It is worth noting, however, that in September 2023, there were 9 commercial foreclosures in Charlotte County. Collier County January 2023 – 1 November 2023 – 0 December 2023 – 2 January 2024 – 0 Lee County January 2023 – 0 November 2023 – 1 December 2023 – 1 January 2024 – 2 The 2023 4th Quarter Commercial Real Estate Report for the Cape Coral/Fort Myers area from the National Association of Realtors doesn’t delve into foreclosures. It does, however, analyze retail and office space. The report stated, “Demand for retail space is weaker than nationwide as this area has a slower absorption of retail space. Despite weaker conditions, rent prices rose faster than nationwide, and the vacancy rate is lower in this area.” “Demand for office space is stronger than nationwide as this area has a faster absorption of office space. As a result, rent prices rose faster than nationwide, and the vacancy rate is lower in this area,” according to NAR.