Miami

MIAMI-The facilities include a $712.3 million, five-year revolving credit facility to mature in May 2008, and a $315.2 million, 364-day revolving credit facility to mature next May.

WINTER PARK, FL-Developer Eric Kovar plans to break ground on Labor Day on the Lofts of Winter Park Village: a 176-unit, 500,000-sf apartment venture and have most of it completed by Memorial Day 2004.

ORLANDO-The six-year-old development entity of The Norbert Corp. bought 3.25 acres for $410,500 at Orlando Central Park South where they expect to break ground in April on a $4 million, 50,000-sf office showroom/warehouse facility.

MIAMI-The South Florida developer plans to start the 237-unit, luxury apartment community, Fairview Forest Signature Apartment Homes, in January and finish in late summer. The estimated project cost is $25 million.

MIAMI-WestCity Properties hopes to get city approval this month to build Palmetto Park, consisting of 200 apartment units, 110,000 sf of office space and 7,500 sf of retail space on 9.44 acres.

ORLANDO-Groveland officials await a mid-October clash with environmentalists and local activists who oppose local growth plans. The municipality hopes to double the population and create more commercial, retail and residential space in the historically rustic area 25 miles west of Orlando.

MIAMI-The price of the 29-year-old, 183-unit project in Plantation, FL, equates to $48,907 per unit. The project, originally built as a condominium community, has one- and two-bedroom units and is approximately 95%-occupied.

ORLANDO-The triple-B rating from triple-B-plus comes as the New York-based bond-ranking agency worries the sale of the county's refunding revenue bonds could be affected by the civil lawsuit Lake has filed against Fairfield, NJ-based Covanta Energy Corp. to regain control of the 13-year-old, 100-acre incinerator complex near Okahumpka, FL.