NEPTUNE BEACH, FL-The North Florida company's revenue decreased to $10.7 million from $12.5 million in the Q1 of last year, while same-store sales were down 11.1% from 2002. Family Steak Houses of Florida Inc. is the exclusive franchisee of Ryan's in Florida.

ORLANDO-BBA Aviation, one of Downtown's strongest corporate office tenants, is renewing its 10-year lease for 44,603 sf at the 15-story, 268,962-sf Signature Plaza Building, a central business district landmark since 1982. The deal took two years to complete.

ATLANTA-Post Properties Inc. chairman Robert C. Goddard III says he will ask stockholders to vote on several key issues facing the firm, including eliminating the existing classified board structure and action to avoid being covered under the Georgia Anti-Takeover Law.

ORLANDO-The first phase of the two-building, 5,760-room Pop Century Resort is being completed after a two-year construction halt. Orlando hospitality industry consultant Robin L. Webb tells GlobeSt.com that Christmas season could be the market's turning point.

CLERMONT, FL-In a marketing effort to increase congregation size, the Celebration of Praise Church of God is planning a 50-acre development along U.S. 27 that will offer members a bowling alley, arcade and office space.

ATLANTA-The U. S. Supreme Court rules that a 1998 jury award of $257 million in punitive damages was not excessive against the Atlanta-based communications and entertainment company, accused by its investors of mismanaging the Six Flags Over Georgia amusement park.

ORLANDO-The locally based REIT and the Harrisburg, PA-based Hersha Hospitality Trust plan a total capitalization of $150 million for purchasing newly built hotels in eight states. Area brokers project that the firm's portfolio will surpass 100 properties within five years.

ATLANTA-Temco Associates, a joint venture of locally based Cousins Real Estate Corp. and Temple-Inland Realty Inc. of Austin, TX, has purchased a majority interest in 1,150 acres in suburban Atlanta for the development of The Georgian, a planned 1,386-home community.