ORLANDO-The Federal Government is constructing a Web site that will daily update about 2,500 global investors who claim to have lost a total $200 million on what they thought were government-sponsored, mortgage-backed securities.
ORLANDO-Retired British industrialist Joseph Lewis and his family-owned Tavistock Group are blueprinting two office towers with a total 500,000 sf; 75,000 sf of retail; 200 luxury apartments; and two garages totaling 1,750 spaces. The estimated hard cost: $120 million.
BARTOW, FL-Ben Hill Griffin III, a prominent Florida corporate chief, denies allegations by his four sisters and maintains he is running the family trust's operations profitably. Bartow is 60 miles south of Downtown Orlando.
ORLANDO-Darden Restaurants Inc., which calls itself the world's largest seafood restaurant chain, has closed its 8,540-sf, 253-seat location at Church Street Market because of dwindling foot traffic.
ORLANDO-The five-member Sanford Housing Authority has until Thursday to turn in its resignations as this blue-collar suburb of 37,327 residents awaits a final report from HUD on alleged irregularities at six federally funded, multifamily shelter projects for low-income families.
ORLANDO-Banks outsourcing certain elements of the commercial real estate business would be the solution for both disciplines, John M. Crossman, senior vice president and director of retail services, Orlando division, Trammell Crow Co., tells GlobeSt.com.
ORLANDO-Orlando Terrace Inc. is paying the government $1.94 million or $38.03 per sf for the 60-year-old, 66,000-sf facility which it plans to convert to a one-user office condominium.
ORLANDO-Expansion plans may be tentatively shelved and property owners and sellers may be anxious to close transactions quicker if the Wall Street roller coaster continues without braking, two seasoned professionals tell GlobeSt.com.
ORLANDO-The federal agency's preliminary audit shows almost $1 million unaccounted for but developer Timothy Hudson says the money is in CDs in two local banks.
ORLANDO-Banks outsourcing certain elements of the commercial real estate business would be the solution for both disciplines, John M. Crossman, senior vice president and director of retail services, Orlando division, Trammell Crow Co., tells GlobeSt.com.