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ATLANTA-The Tennessee-based subsidiary of Innovo Group Inc. paid $24,500 per unit for 4,000 apartments nationwide. The sellers are Dallas-based Transcontinental Realty Investors, American Realty Investors Inc. and Income Opportunity Realty Investors Inc., all directed by Gene Phillips, former president of the bankrupt Southmark Corp.
ORLANDO-The Greater Orlando Aviation Authority's $165.33 million in airport revenue bonds, series 2002A and 2002B, went on sale May 8 to institutional investors and on May 7 to individual investors. Standard & Poor's Corp. says Orlando International Airport's passenger volume is recovering well from 9-11.
ORLANDO-After five years of heated dialogue with anti-development forces, Island Resorts Development Inc. nears completion of the first 21-story, 153-unit, estimated $50 million Portofino condominium community on Santa Rosa Island, FL in the Gulf of Mexico, 250 miles northwest of Downtown Orlando.
MIAMI-A first-quarter Cushman & Wakefield study reports rising vacancies of 16.2% in Miami-Dade County; 20.8% in Broward; and 14.1% in Palm Beach. Brickell Avenue, Miami's financial district, could be in for a shock as 236,000 sf becomes vacant over the next 15 months.
ATLANTA-The 65-year-old doughtnut maker has awarded development rights to three entrepreneurs in Lubbock, Amarillo and El Paso, TX; and two other undetermined sites.
ATLANTA-The locally based REIT booked net income of $14.2 million or 38 cents per diluted share versus $19.9 million or 51 cents in the comparable 2001 quarter. Company president David P. Stockert succeeds Post's founder/chairman John A. Williams as CEO July 1.
ATLANTA-The Nashville, TN-based prison manager is losing about $2.5 million in quarterly earnings before taxes from the Commonwealth's decision to operate the facilities itself. For the year, that could translate to a $10 million earnings loss.
ORLANDO-Umatilla, FL municipal airport officials paid $281,560 for two private lots at the end of a runway protection zone. Without that dirt, the Lake County city of 2,214 permanent residents wouldn't have been eligible for a $1 million federal maintenance/repair grant. Umatilla is 35 miles northwest of Downtown Orlando.
ATLANTA-The locally based REIT booked net income of $14.2 million or 38 cents per diluted share versus $19.9 million or 51 cents in the comparable 2001 quarter. Company president David P. Stockert succeeds Post's founder/chairman John A. Williams as CEO July 1.
MIAMI-The New York-based bond-rating agency is worried lower passenger volume over the next eight years could put the city's aviation department in a financial bind on the $2.6 billion in new debt it has taken on to complete a north terminal development program and other capital improvements totaling $7.2 billion.

From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource
From JLL Technology Solutions
Your CRE data is unified, but are you using it effectively? Many organizations struggle to translate data into intelligence. This white paper explores how to activate your data for smarter, faster portfolio decisions and a true strategic advantage.
Download Resource
From Buildout, Inc.
A fragmented tech stack can cost CRE firms time and money. This guide helps you identify gaps in your current setup and find an integrated solution that streamlines your entire deal workflow and gives brokers back valuable time to close more deals.
Download Resource
From JLL Technology Solutions
Many CRE organizations rely on outdated maintenance approaches that drive up costs and downtime risk. This guide outlines how to replace traditional methods with predictive asset intelligence to anticipate failures and optimize operations.
Download Resource
From National Apartment Association
Discover how NAA Click & Lease, trusted by over 37,000 properties, can transform your leasing process. This infographic details 10 key benefits, from automated legal compliance and seamless PMS integration to fully paperless operations.
Download Resource
From National Apartment Association
After a volatile 2025, the multifamily housing market is entering a year of transition. This outlook defines the key economic and market factors affecting the rental industry, from supply shifts to regional performance.
Download Resource
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download Resource
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download Resource
From Buildout, Inc.
Is "operational drag" from disconnected tools costing your brokerage? This audit reveals 8 hidden signs you're losing margin and provides a clear path to streamline your deal lifecycle from prospecting to close.
Download Resource
From Buildout, Inc.
Your listing emails are falling flat in crowded inboxes. This guide reveals 10 essential habits from top-performing brokers to help you create emails that cut through the noise, drive real engagement, and move deals forward faster.
Download Resource
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource
From JLL Technology Solutions
Your CRE data is unified, but are you using it effectively? Many organizations struggle to translate data into intelligence. This white paper explores how to activate your data for smarter, faster portfolio decisions and a true strategic advantage.
Download Resource
From Buildout, Inc.
A fragmented tech stack can cost CRE firms time and money. This guide helps you identify gaps in your current setup and find an integrated solution that streamlines your entire deal workflow and gives brokers back valuable time to close more deals.
Download Resource
From JLL Technology Solutions
Many CRE organizations rely on outdated maintenance approaches that drive up costs and downtime risk. This guide outlines how to replace traditional methods with predictive asset intelligence to anticipate failures and optimize operations.
Download Resource
From National Apartment Association
Discover how NAA Click & Lease, trusted by over 37,000 properties, can transform your leasing process. This infographic details 10 key benefits, from automated legal compliance and seamless PMS integration to fully paperless operations.
Download Resource
From National Apartment Association
After a volatile 2025, the multifamily housing market is entering a year of transition. This outlook defines the key economic and market factors affecting the rental industry, from supply shifts to regional performance.
Download Resource
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download Resource
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download Resource
From Buildout, Inc.
Is "operational drag" from disconnected tools costing your brokerage? This audit reveals 8 hidden signs you're losing margin and provides a clear path to streamline your deal lifecycle from prospecting to close.
Download Resource
From Buildout, Inc.
Your listing emails are falling flat in crowded inboxes. This guide reveals 10 essential habits from top-performing brokers to help you create emails that cut through the noise, drive real engagement, and move deals forward faster.
Download Resource
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource