Regions Southeast | Orlando
Group of 31 Condos Snapped Up at Palm Coast Resort
May 16, 2008

Commercial Alliance Group has purchased from Centex Homes 31 condominium units that never sold in the Palm Coast Resort's 72-unit Waterways South building just outside of Orlando. The real estate development and financial services firm released a $6.3 million private equity offering; $4.2 million of that sum was sold or committed before the acquisition closed. The firm expects the private equity offering to reach completion by May 31. Commercial Alliance will offer the one-year-old residences for sale at 50 percent of Centex Homes' August 2006 pre-construction prices, and will also consent to renting the units on a nightly basis.

 
Recent Orlando Headlines
Orlando's First Nordstrom Rack to Anchor New 100,000SF Shopping Center
July 03, 2008
Millennia Crossing, a 100,000-square-foot shopping center scheduled to debut in Orlando, Fla. next spring, will become the home of the city's first Nordstrom Rack and the State of Florida's second such store.
Nemours Unveils Children's Hospital Master Site Plan
June 30, 2008
Nemours unveiled the Nemours Children’s Hospital master site plan for its health care campus that will be located in the Lake Nona medical city.
Crazy Pianos to Open First U.S. Location in Florida
June 26, 2008
Crazy Pianos, a Netherlands-based dueling piano bar and restaurant concept, has signed a 10-year lease to occupy 7,000 square feet at CocoWalk in Coconut Grove, Fla.
Orlando Office Trades in TIC Transaction
June 20, 2008
Flagler Development Group has acquired Reserve at Maitland, a Class A office property with three single-story buildings in Orlando’s Maitland submarket, in a tenant-in-common exchange, according to Grubb & Ellis Realty Investors L.L.C.
Nemours, Skanska Team Up for $400M Children's Hospital in Orlando
June 18, 2008
Nemours has finalized the acquisition of 60 acres of land in the heart of Lake Nona's medical city in Orlando, and plans to build a $400 million top-tier pediatric health care facility, anchored by a children's hospital. The pediatric health system company tapped Skanska USA Building Co. as the construction manager to oversee the building process for the facilities.