MIAMI BEACH, FL-Leon Cohen's American Leisure Resorts of New York didn't have a long wait before turning a gross profit of 40% on an eight-year-old asset purchased in March 1999 for $3.1 million.
MIAMI-Income-producing properties are favored ahead of shopping centers, warehouses, offices and hotels/motels in that order, according to a second-quarter analysis by Integra/AREEA Inc. Japanese investors are largely absent.
ORLANDO-The decisions today about property, place and the brand of a company often determine the quality of personnel and customers that will be attracted to an organization, says Roulac Group's CEO Stephen E. Roulac.
ORLANDO-The Orange County Housing Finance Authority is giving Bank of America and a local development team a $12-million, tax-free loan to kick off a $53-million mixed-use venture in the city's most economically-depressed neighborhood.
BOCA RATON, FL-The New York Stock Exchange-traded company lost $27.6 million for the quarter ended Sept. 30 versus a loss of $31 million in the comparable 1999 period. Entrepreneur H. Wayne Huizenga is chairman/CEO.
BOCA RATON, FL-The 99-year-old Seattle-based retailer plans to open a second outlet next year in the nearby Mall at Wellington Green, a West Palm Beach suburb, followed by stores in Coral Gables, Orlando, and Tampa.
ORLANDO-Cendant Corp. of New York, the world's largest hotel franchiser, is buying time-share leader Fairfield Communities in a $635 million stock-cash transaction. Cendant is also assuming Fairfield's $90-million debt load.
FORT LAUDERDALE, FL-Florida Atlantic University officials see the dirt as a potential high-tech research and development park and the future home of its computer-related continuing education programs.
ORLANDO-Dr. Jeffrey Pfeffer of Stanford University's Graduate School of Business suggests strategies and outlines pitfalls on how to get things done, and not done, in a dot.com world.
ORLANDO-William S. McNee, founder/president of Westport, CT-based Saugatuck Technology, lays out guidelines to follow and minefields to avoid by e-businesses over the next five years.