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.