DAYTONA BEACH, FL-State Court Judge John W. Watson III rules the city may seize three beachfront businesses that are blocking a 24-year-old city plan to redevelop the 73-year-old decaying boardwalk area. The Aug. 19 ruling gives Los Angeles-based Carlsberg Management Co. the green light on the mixed-use project, as GlobeSt.com previously reported.

ATLANTA-Jim Durrett, executive director of the Urban Land Institute's Atlanta district, takes on the same title at the new group formed by the Metro Atlanta Chamber of Commerce. Larry Gellerstedt, president of Cousins Properties Inc.'s newly formed Office and Multifamily Division, chairs the coalition.

ORLANDO-In almost back-to-back acquisitions, the Hollywood, FL condo converter pays a combined $67 million for the 276-unit Courtney Landing apartment community and the 450-unit Avalon Apartments.

CUMMING, GA-Roberts Realty Investors Inc. buys 22 acres of undeveloped land here for $218,181 per acre. The developer plans a 154-unit apartment community at the site near the intersection of GA 9 and Old Atlanta Road.

ORLANDO-Although the four finalists won't be interviewed by elected officials until Aug. 29, people in a position to know tell GlobeSt.com KUD International LLC is expected to be picked to build the estimated $300-million Downtown Performing Arts Center.

CANTON, GA-The half-finished Riverview Manor Apartments, planned for a mix of residential, office and retail at Riverstone Parkway and GA 140, will be sold by the Bank of New York Trust Co. of Florida at a public auction in September, people in a position to know tell GlobeSt.com.

CANTON, GA-The half-finished Riverview Manor Apartments, planned for a mix of residential, office and retail at Riverstone Parkway and GA 140, will be sold by the Bank of New York Trust Co. of Florida at a public auction in September, people in a position to know tell GlobeSt.com.

ORLANDO-Grosse Pointe Development Inc. of Fort Myers, Bouwfonds Property Finance and Rapenburch buy 1,576 building lots from Horizon West Inc. for $182,149 per acre. The JV plans to develop and re-sell the lots to Levitt and Sons Inc., Park Square Homes and the Orlando division of Ryland Homes.