Q3 MEDIAN HOME PRICES BELOW PRE-RECESSION PEAK IN SWFL
Median home prices in the third quarter of 2018 were below their pre-recession peak in 47 of 150 metro areas analyzed for median prices, including Naples (20 percent below) and Cape Coral-Fort Myers (16 percent below), according to the Q3 2018 U.S. Home Sales Report from ATTOM Data Solutions. Median home prices nationwide in the third quarter of 2018 were 11 percent above the pre-recession peak of $230,000 in the third quarter of 2005 and 77 percent above the post-recession trough of $145,000 in the first quarter of 2012. The report also shows that U.S. single-family homes and condos sold for a median price of $256,000 in the third quarter, up 1 percent from the previous quarter and up 4.8 percent from a year ago—the slowest pace of annual home price appreciation since Q2 2016. For the full report, click here.
TGR FINANCIAL POSTS RECORD FINANCIAL RESULTS FOR Q3
TGR Financial Inc., the holding company for First Florida Integrity Bank, has sustained record earnings growth with its third quarter 2018 financial results. Net income for the three months ended Sept. 30 was $4.1 million, an increase of $1.7 million compared with the three months ended Sept. 30, 2017. Net interest income totaled $11.3 million for the third quarter, signifying a 12 percent increase and $1.2 million over third quarter last year. The company produced a return on average assets of 1.19 percent on earnings for the quarter. Earnings represented $0.21 per diluted share—a 75 percent increase over third quarter 2017. Common shares of TGRF closed on Oct. 23 at $12.20.
HABITAT COLLIER AMONG HIGHEST RANKED CHARITIES IN NATION
Habitat for Humanity of Collier County has received its 14th four-star rating and second perfect score of 100 from Charity Navigator, a distinction achieved by fewer than one percent of the nonprofits evaluated. The organization has also earned the 2018 Platinum GuideStar Nonprofit Profile Seal of Transparency, the highest level of recognition offered by GuideStar, the world’s largest source of nonprofit information. Charity Navigator awards only the most fiscally responsible organizations a four-star rating, after measuring governance, ethical practices, openness and more. To achieve the GuideStar Platinum level, Habitat Collier demonstrated its commitment to transparency and to giving donors and funders data to evaluate its work.
CATO EARNS SPECIAL OLYMPICS FLORIDA AWARD
Dave Cato, Lee Health’s chief administrative officer of outpatient services, has received the 2018 Golisano Health Leadership Award from Special Olympics Florida. Established in 2016, the award honors individuals and organizations that have shown dedication toward improving the health of people with intellectual disabilities and advancing the health work of Special Olympics. Cato began volunteering for the Special Olympics when he was in college and has served as the clinical director for Special Olympics Florida for the past six years. In this volunteer role, he oversees the Fun Fitness program and provides physical therapy screenings for athletes participating in local, regional and state Special Olympics events. While serving as clinical director, Cato has recruited a number of health care professionals, physical therapists, students and family members to join him in volunteering at Special Olympics events. The award is named in honor of Tom Golisano, who has donated more than $37 million to Special Olympics health programs to increase access to health, fitness and wellness programs for people with intellectual disabilities. Up to seven Golisano Health Leadership honorees will be selected to receive the global award presented at the 2019 Special Olympics World Games in Abu Dhabi. For more information on volunteering with Special Olympics Florida, click here.
JDEANGELIS CUSTOM BUILDERS CELEBRATES 30 YEARS
JDeAngelis Custom Builders is celebrating its 30th anniversary in the Southwest Florida home-building industry. The builder provides next-level construction management and renovation services in Naples. The firm’s most recent completion is an 18,000-square-foot single-family estate in Talis Park, for which the firm served as general contractor. The home features six bedrooms, nine baths and sweeping views across the 18th green of the Norman/Dye-designed golf course. Other features include a grand foyer with spiral staircase, wooden beams and an outdoor living area containing a kitchen, bar, lighted gazebo and pergola, and resort-style pool.
SHY WOLF SANCTUARY ATTENDS INTERNATIONAL CONFERENCE
Shy Wolf Sanctuary Education and Experience Center participated in the International Wolf Center’s Conference, hosted every five years. Wolf advocates from 19 countries presented research on wild wolves, captive breeding programs and more. Shy Wolf Founder Nancy Smith, and Executive Director Deanna Deppen traveled to Minneapolis to attend the conference for the first time. Presenters spoke on both the Red Wolf and Mexican Wolf reintroduction programs, behavioral research, DNA and microbiology, and wolves’ diets. Shy Wolf Sanctuary Education and Experience Center will be implementing more programs on the wild wolves and their recovery. To schedule a guest speaker and ambassador animal, email firstname.lastname@example.org with a requested date.
DOUPÉ TO ADDRESS FAMILY LAW FORUM
Reuben Doupé, a marital and family law partner at Coleman, Hazzard, Taylor, Klaus, Doupé & Diaz, will speak at the Family Law Forum—an annual seminar sponsored by the family law section of the Collier County Bar Association—on Oct. 26 at the Cypress Woods Country Club. Doupé will discuss court procedures to educate attorneys, paralegals and other family law professionals on how best to move their client’s case forward and successfully navigate the court rules and policies. For more information, click here.
Hoops on Mission seeking Thanksgiving Drive donations
Hoops on Mission is holding its fourth annual Thanksgiving Drive, with the goal of feeding 200 families in Lee County. Hoops on Mission volunteers will hold a street party from noon to 3 p.m. on Nov. 18 to hand out turkeys to low-income families at Jones Walker Apartments in Fort Myers. In addition to Thanksgiving dinners, Hoops on Mission will have a DJ, giveaways, hula-hooping, face-painting, basketball, football, and arts and crafts. Donations for Thanksgiving dinners can be made at http://hoopsonmission.org. It takes $40 to feed a family of five.
Investment firm recognizes three charities
Andrew Hill Investment Advisors Inc. recognized three local charities during its “Environmental, Social and Governance (ESG) Investing Fall Cocktail Party,” held on Oct.18 at the Naples Sailing & Yacht Club. The three charities—Conservancy of Southwest Florida, Catholic Charities of Collier County, Inc. and Collier County Junior Deputies League—represented the three central factors in measuring the sustainability and ethical impact of an investment in a company. Each charity received a check for $1,000 to continue making a positive impact in the community.
The Fifth Third Foundation has approved a $25,000 Habitat Home Building grant to Habitat for Humanity of Collier County as part of its Strengthening Our Communities fund. The contribution will support ongoing Habitat Collier home-building efforts by providing the funds to construct the roof and walls for one home in Naples. Upon its completion, the home will be sold at cost and with no interest to a hard-working local family in need.
Volunteers needed for Bountiful Blessings Thanksgiving Outreach
The Heights Foundation/The Heights Center is seeking organizations and individuals to participate in the Bountiful Blessings Thanksgiving Outreach program. Donations can be dropped off from 9 a.m. until 4 p.m. Monday through Friday until Nov. 15 at The Heights Center. The outreach event will be held on Nov. 17. Volunteers are needed at 5:30 p.m. on Nov. 16 to set up and at 9 a.m. on Nov. 17 for the outreach event. The greatest need is for donated turkeys and rice or monetary donations to purchase those items. Additional food items needed include chickens, stuffing, canned yams, cranberry sauce, boxed potatoes, canned vegetables and canned gravy. Organizations and individuals interested in participating can contact Melissa Barlow at (239) 482-7706 or Melissa@heightsfoundation.org. All donations are tax deductible. Monetary donations can be made at www.heightsfoundation.org/donate.
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