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Real Estate Briefs – 1/27/23

By Staff | Jan 26, 2023

REIS meeting to feature presentation from Lee County Port Authority

Lee County Port Authority will deliver an overview of air transportation and airport expansion plans, as well as airport-related real development projects at the Real Estate Investment Society luncheon Tuesday, Feb. 14. Ben Siegel, executive director of LCPA, will be the guest speaker.

The program will include passenger and air carrier information, project updates for Southwest Florida International Airport (and Page Field, as well as commercial real estate development at Skyplex. Following the presentation, Siegel will respond to questions of interest to the real estate investment and development industry.

Siegel, CPA, CM, has served as executive director of LCPA since November 2019 and is responsible for the administration, operations and development of RSW and FMY. He has been with LCPA since 1992 and is an experienced airport executive with an extensive background in business and finance. Under his leadership, the LCPA finance team secured $327 million for RSW’s Midfield Terminal Complex, which was one of the largest issuances of financing in Lee County history. The $330 million terminal expansion and renovation project is currently underway.

The meeting is sponsored by DeAngelis Diamond and will begin promptly at 11:45 a.m. on Feb. 14 in the Osprey Room at Pelican Preserve’s Clubhouse, on Treeline Avenue at Colonial Boulevard, one mile east of I-75 exit 136 in Fort Myers. Admission is $30 for members and $45 for guests, which includes lunch.

Reservations are required by Feb. 9 and may be made at the REIS web site: HERE.

Royal Palm Coast Realtor Association announces O’Brien’s resignation

The Royal Palm Coast Realtor Association has announced that Sean O’Brien has resigned after five years as chief financial officer effective Feb. 2. O’Brien’s extensive financial and operational background proved an immediate strength for the strategic and business growth of the association.

During his tenure, O’Brien provided invaluable leadership in guiding the association to improve upon its financial reporting, establish operational metrics which assists in understanding the growth, opportunities and challenges that the business faced/faces and worked to implement cloud-based solutions that protect the business records and assets.

O’Brien worked hand-in-hand with the Board of Directors and Finance Committee setting a precedent for financial empowerment.

The search for a new CFO is underway and updates will be given when appropriate.

For additional information about the Royal Palm Coast Realtor Association, please call 239-936-3537 or visit HERE.