(Mark Your Calendars for RealShare Distressed Assets, Oct. 4-5 in Dallas.)
ORLANDO-A 9.52 acre development site in Orlando’s tourism corridor has fetched $2.05 million. A foreign investor purchased the bank-owned property, continuing the trend toward international sales in Florida markets.
NAI Realvest Principal and Managing Partner Paul P. Partyka, along with associate Tom Kelley, negotiated the REO sale on behalf of the Brazilian investors MRV International. Matt Sullivan, principal and managing director at Colliers International’s Orlando office, represented the seller, First Southern Bank of Orlando.
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