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ORLANDO-John D. McClellan, president and architect of the 2 1/2-year-old, locally based fiber optics network developer and two other executives, are gone. E. Craig Sanders, chairman/CEO of Utilicom Networks Inc. of Franklin, MA, replaces McLellan.
ORLANDO-Alan Helman, partner in Helman Hurley Charvat Peacock Architects Inc. of suburban Maitland, FL, receives Spirit of Achievement Award from Junior Achievement, a local business promotion organization.
ORLANDO-The 10 lots are the largest private donation of land to Orlando's Habitat for Humanity affiliate in its 15-year history, according to the donors. The estimated size of the lots is 5,000 sf or a total 50,000 sf with an estimated total value of $150,000.
MIAMI-The shelter developer posts third-quarter profit of $1.55 million on revenue of $41.8 million compared to $14 million on sales of $54 million for the comparable 2000 period. Sales at Solivita, Avitar's Central Florida active adult community, were lower than anticipated.
MIAMI-Aventura Preserve Investors paid Raanan Katz, president, 17070 Collins Avenue Shopping Center, $12 million or $28.46 per sf for a 9.68-acre tract in suburban Sunny Isles, FL that sold for $1.7 million or $175,620 per acre ($4.03) per sf in 1997.
MIAMI-The owner/operator of NAP of the Americas, a telecommunications network, lost $13.3 million or seven cents per weighted average common share in the second quarter ended Sept. 30 compared to a loss of $11.7 million or six cents per share for the same 2000 period.
MIAMI-Colonnade Properties has 50,000 sf of class A space to fill at the 90%-leased, 463,632-sf Douglas Entrance complex the New York investor purchased Nov. 6 from Louis Dreyfus Property Group and Apollo Real estate Advisors, both of New York, for $61.2 million.
DELRAY BEACH, FL-The president of the office products company moves into the chairman's suite Dec. 30, replacing interim chairman David I. Fuente who will continue to serve as a board director. The company's stores, delivery centers and call centers total an estimated 20 million sf.
ORLANDO-The 73-year-old construction materials company posted third-quarter net income of $17.7 million or 76 cents per share on sales of $790 million versus $18.8 million or 80 cents per share on revenue of $863 million a year ago.
NORTH MIAMI BEACH, FL-Recent acquisitions of Centrefund Realty (U.S.) Corp. and United Investors Realty Trust drive up total third-quarter revenue, funds from operations and FFO per share.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
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Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
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Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource