ORLANDO-Fifty property owners have formed the Kissimmee-Highway 192 Hotel & Motel Association to cope with average daily occupancies hovering around 30% at some of the family owned and operated lodging properties on U.S. 192 in the Walt Disney World corridor, 20 miles south of Downtown Orlando.

ORLANDO-Mom-and-pop hotel and motel operators are slashing room rates but still seeing occupancies of 30% to 40% in the Kissimmee, FL corridor, 15 miles from Walt Disney World's front door at Lake Buena Vista, FL.

ORLANDO-Booming university/college enrollments trigger a need for class A shelter projects that have been producing returns on costs of 10% to 20%, with capitalization rates of 9% to 10%.

DAYTONA BEACH, FL-The Heathrow, FL-based developer has just opened the 80-unit Sedona community with pre-construction sales of $2 million on 13 homes ranging from $119,000 to $159,000 at the 4,500-acre LPGA International development three miles north of U.S. 17-92 on LPGA Boulevard. Daytona Beach is 50 miles north of Downtown Orlando.

ORLANDO-Mom-and-pop hotel and motel operators are slashing room rates but still seeing occupancies of 30% to 40% in the Kissimmee, FL corridor, 15 miles from Walt Disney World's front door at Lake Buena Vista, FL.

LEESBURG, FL-Elected officials must alter the city's comprehensive land-use plan to usher in surgeon/developer Clayton Pruitt's $1 billion, 3,334-acre, 20-year project encompassing four million sf of industrial; 1.3 million sf of retail/office; 10,102 single-family, duplex and triplex shelter units; and 5,320 multifamily units.

TAMPA, FL-Locally based International Ship Repair & Marine Services Inc. paid $6 million or $13.69 per sf for a property the global media leader picked up in its $34.5 billion corporate acquisition of CBS in September 1999. The replacement cost for a comparable building is in the $25 to $35-per sf-range.

ORLANDO-The three-story, 235,000-sf store is scheduled to open in fall 2002 at the almost-completed, 1.3 million-sf Mall at Millenia, the largest shopping center in metro Orlando.