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ORLANDO-Trendwest Resorts Inc. paid RANI Int'l. $286,000 per unit for the 50-unit, four-year-old Kingston Reef timeshare resort. The purchase is located on 14 acres in a fast-developing south I-Drive submarket near the Orange County Convention Center.
ATLANTA-The Stuttgart, Germany-based automaker is expanding its five-year lease to 2010 and will occupy the ninth and 10th floors of Two Lakeside Commons, the 513,057-sf, two-building office complex at Hammond Drive and GA 400.
ATLANTA-New York-based Charter Municipal Mortgage Acceptance Co. is buying tax-exempt revenue bonds to fund the development of Hickory Falls Apartments, a 220-unit, eight-building community under development by PRS Cos. in suburban Villa Rica, GA.
ATLANTA-The brokerage's new vice chairmen joined the Atlanta office from Cushman & Wakefield Inc. in 1987 when Insignia/ESG expanded its Southeast operations.
ORLANDO-The former vice president of real estate services for Crow in Tampa becomes director of construction and business development in the Tampa office of Atlanta-based Advantis Real Estate Services Co.
ATLANTA-Glenwood Park, a 28-acre project near Grant Park, is scheduled to break ground Jan. 27 on an undertaking planned for 70 townhomes, 45 single-family residences, 50,000 sf of office and 100,000 sf of retail.
ORLANDO-The former president and chief operating officer at Alpharetta, GA-based EdenCare Senior Living Services brings 23 years of senior housing industry experience to her new senior vice president position.
ATLANTA-Charles W. Francis Jr., a 28-year industry professional, leaves Myrick Co. in Atlanta to join St. Joe-owned Advantis Real Estate Services Co. Francis has leased six million sf of office and industrial in Atlanta and the Southeast.
ORLANDO-U.S. Bankruptcy Court trustee R. W. "Bill" Cuthill says he hopes to garner $8.5 million for creditors from Atlantic Portfolio Analytics & Management Inc., which has been attempting to settle its involvement in the investigation of an alleged $214 million mortgage securities fraud.
ATLANTA-The New York-based real estate investment firm has signed Bio-Lab Inc. of Decatur, GA to a six-year lease with an estimated aggregate value of $5.78 million at the 425,000-sf Conyers Distribution Center in the Interstate 20 East corridor of Atlanta.