The property nearly doubled in value since the last time it sold in 2012. The sellers bought the community as part of an effort to tackle a shortage of affordable homes in states most impacted by the housing crisis.
Since its inception in 1990, Crossman & Company has grown into one of the largest retail leasing, management and investment sales firms with over 28 million square feet of properties in the Southeastern United States.
Wood Partners is seeking allowances to build a new apartment community east of Orlando’s tourism corridor. Recently submitted development plans line up with previous efforts to expand its presence in the area.
Developers across Central Florida are embracing artisan retail and restaurant concepts like food halls, sometimes searching high and low for talent and financing in a practice still very unfamiliar to most industry insiders.
The developer paid about $8.6 million for the property in 2006. At the time, attractions that have come to define the region like Unicorp’s glowing 400-foot wheel, Icon Orlando 360, had yet to be developed.
Timeshare resort company Westgate Resorts is reactivating old plans to entitle some nearly 20 acres of land it owns, which consists of one of its first Orlando resort hotel projects built in 1983, for multifamily use.
Orange County Public Schools and the town of Eatonville are once more working together to find buyers for land, which qualifies for opportunity zone benefits and collectively spans more than 100 acres.
Short-term rentals at resorts developed by Art Falcone in the Orlando/Kissimmee market will soon be available on Marriott International’s recently launched website offering home-rental reservations, thanks to a new partnership with his family’s tourism company, Rentyl.