MIAMI--Orlando-based CNL Retirement Corp. pays $28 million or $108,527 per unit to one of the nation's largest providers of senior living and health care services. One of the properties is in Coconut Creek, FL, Broward County, 35 miles north of Downtown Miami.

ORLANDO-David Catalano, a 14-year restaurant industry professional, takes over as vice president of worldwide operations at the Orlando-based firm. Janet Kane of Colonial Williamsburg Foundation, Williamsburg, VA, is Hard Rock's new vice president/retail merchandising and licensing.

MIAMI-The Sarasota, FL-based national prison developer has discontinued operations at five unprofitable facilities; sold $11 million in assets; and reduced total debt to $28 million, the company's lowest level in the last five years. Sarasota is 180 miles northwest of Downtown Miami.

ORLANDO-North America's largest casual seafood restaurant chain (1,193 locations) posted record earnings of 54 cents per diluted share, up 35% over the same 2000 period and surpassing Wall Street analysts' predictions of 47 cents to 52 cents per share.

ORLANDO-American Maglev Technology Florida Inc. of Edgewater, FL and Lockheed Martin of Bethesda, MD, one of the nation's largest defense contractors, outlined a proposal Wednesday to the Florida Department of Transportation for the first Orlando Airport-to-Walt Disney World phase of a 200-mile high-speed statewide rail system.

MIAMI-Revenue rose 13% to $1.2 billion from $1.1 billion in the same period last year. Net earnings of $1.03 per share diluted compared to 75 cents diluted or $51.3 million in first quarter 2001. The financial services division was a surprise winner for the company.

ORLANDO-Lakemont Heights property owners are lobbying Orange County commissioners to bar the cable company from growing its 300-foot high equipment and 5,000-sf building on an 11-acre tract in one of the oldest residential neighborhoods in Orlando.

ALTAMONTE SPRINGS, FL-The little-known Georgia developer is expected to pay New York-based Morgan Stanley at least $200,000 per acre ($4.60 per sf) or about $2.8 million for the former 14-acre Home Depot-anchored shopping center site off State Road 436 (Semoran Boulevard) and west of the 1.3 million-sf regional Altamonte Mall, area brokers familiar with the deal tell GlobeSt.com on condition of anonymity.