KISSIMMEE, FL-The South Florida Water Management District can get a $34-million credit from its governing board on a pending 4,500-acre purchase off Lake Okeechobee if the district agrees to give the Speight family 2,500 acres it owns off Lake Kissimmee.

KISSIMMEE, FL-The South Florida Water Management District can get a $34-million credit from its governing board on a pending 4,500-acre purchase off Lake Okeechobee if the district agrees to give the Speight family 2,500 acres it owns off Lake Kissimmee.

ATLANTA-Principal Real Estate Investors pays $34.1 million for the 97%-leased Block Lofts apartments. Seller-developer Southeast Capital Partners built the project in late 2004 at a development cost of about $31 million.

WINTER PARK, FL-Company founder Igor Teplitsky steps down as president and chief operating officer but remains as chairman, CEO and owner. He hires Steve O'Dowd, former president of Park Square Homes, as president.

GWINNETT COUNTY, GA-The Southwest Gwinnett Village Community Improvement Association ask the Gwinnett County tax commissioner for certification as a community improvement district. The association represents 210 owners with $500 million in aggregate real estate holdings.

GWINNETT COUNTY, GA-The Southwest Gwinnett Village Community Improvement Association ask the Gwinnett County tax commissioner for certification as a community improvement district. The association represents 210 owners with $500 million in aggregate real estate holdings.

JACKSONVILLE, FL-The Bloomfield Hills, MI-based homebuilder pays a gross per-acre price of $237,500 per acre but only 41 acres are developable. Pulte plans 240 apartments at Flagler Center.

ACWORTH, GA-The publicly traded Dutch fund pays Cedarcrest 41 LLC $14.2 million for the 68,658-sf Governors Town Square shopping center. This is the ninth Georgia-based retail acquisition in more than two years for DIM Vastgoed NV.