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GlobeSt.com UPDATE: Whitemark Homes Buying Resort Developer

ORLANDO-The stock exchange deal with Destin, FL-based North Florida Consulting Inc. has an estimated value of $27 million and is scheduled to close no later than Sept. 30.

By Alex Finkelstein | Updated on September 24, 2001

ORLANDO-Whitemark Homes Inc. of suburban Oviedo, FL is pulling off the biggest deal in its 20-year history with the planned purchase of Destin, FL-based North Florida Consulting Inc.

The stock exchange acquisition is valued at an estimated $27 million. The transaction is scheduled to close no later than Sept. 30.

Both companies are 20 years old with an established Florida mark in the multifamily, resort development and single-family industry.

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