ORLANDO-The 46-year-old, retired cruise travel agency millionaire paid Anthony and Jeannette Basile $11,149 per acre (26 cents per sf) for the trophy 148-acre training center for standardbred horses in DeLeon Springs, FL, 40 miles north of Downtown Orlando.

ATLANTA-The nine-month-old, locally based retail investment consulting group expects to close on another $50 million of assets this quarter, as some cap rates sink to the 7% range.

ATLANTA-The Oak Brook, IL-based REIT paid Atlanta-based Retail Planning Corp. Inc. $103.26 per sf for the 105,321-sf, 100%-leased Springfield Park Shopping Center, about 15 miles north of Downtown Atlanta.

ORLANDO-The locally based media and technology entrepreneur is introducing ForTheTenant.com, a Florida-licensed online brokerage whose partners have represented $400 million in tenant lease transactions over the last 16 years.

ORLANDO-The 11-year-old, locally based brokerage and property consulting firm founded by three brothers, handled three deals totaling 295 apartments that sold for an average $40,932 per unit.

ORLANDO-Los Angeles-based Can Partners Orlando LLC will be filing a foreclosure suit this week in Orange Circuit Court to either sell or retake the 29-year-old, 800-room shuttered Delta Orlando Resort, whose owners are $26.9 million in debt.

TAMPA-The 160-unit, 85%-leased Colony Square Apts. sold for $5.65 million. Longbranch Apts., a 184-unit, 86%-occupied complex, netted $6.6 million. Both Pinellas County properties were part of an IRS 1031 tax-deferred exchange transaction.

ATLANTA-Private local investor Lin Properties paid Atlanta-based Park Village Associates LLP $41,176 per unit for the 38-year-old, 68-unit Park Village Apartments at 4689 Roswell Rd. The cap rate was 7.75%, higher than most class C assets are trading for.