Walsh, 61, the managing partner of Broad Street Partners, was involved in a $250-million mixed-use project called Tradition Towers in Downtown Orlando. Plans for the 39-story twin-building project near Lake Eola include luxury residential condominiums, office and retail space, a full-service hotel and the new home of the city's University Club.

Other of Walsh's local projects have run into trouble in recent years, such as the four-story Carlisle condo development in Winter Park, which succumbed to local opposition, and the $200-million Oveido on the Park town center, which was halted by financing and permitting problems.

Orlando media reports stated that Walsh's home on Genius Drive had been ransacked and a crime scene technician was seen carrying out a long-barrel gun. The Florida Department of Law Enforcement was called in to assist the local police, though that is standard procedure in death investigations.

Neighbors expressed shock over Walsh's death and were resisting speculation as to what happened. Toogie McIntosh told Central Florida News 13 that she was "hoping it wasn't anything that anybody did to him, or worse that he did to himself."

Walsh's family issued a statement Thursday, thanking law enforcement officials for working long hours to solve the mystery surrounding his death. "We miss him terribly and take great comfort in knowing that he made such a tremendous difference in the community," the statement read.

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