ORLANDO-Maplecross Development pays St. Regis Apartments Partnership $38,974 per unit for the 96-unit, 36-year-old, 90%-occupied Tara Oaks Apartments, 525 E. Michigan Ave., on the south side of the central business district.

CHARLOTTE-GMACCM, a Fannie Mae-approved seller/servicer, will provide funding for MultiTrak underwritten loans originated through GMACCM and MortgageRamp. Loans could close in 20 days.

ORLANDO-Market leaders in office, retail and multifamily get favorable treatment while industrial projects have to beg a little more, Mark L. Findura, president of locally based R.J. Twitty & Co. II, tells GlobeSt.com. Loan interest rates aren't falling below 6.75%.

ATLANTA-The Rahway, NJ-based developer/investor recruited Marie M.B. Kastens from locally based Overseas Management Inc. to serve as general manager and oversee its newly acquired regional portfolio. Denholtz's office/industrial inventory totals eight million sf.

ORLANDO-International Corporate Park broker Sam Evans is talking with four major users, one of whom may build the telecom venture at the 2,900-acre site, which has seen little activity since it broke ground 15 years ago.

ATLANTA-Jason Dombrower, a Canadian-born hospitality industry professional with 14 years in the field, takes over the Atlanta hotel chain's Sebring, FL asset.

ORLANDO-The locally based, 1,170-restaurant chain sees guest counts up 4% and pricing up 2% at its two largest divisions, Olive Garden and Red Lobster.

ATLANTA-Venture Associates Partnership Ltd. of Reston, VA has contracted with the locally based firm to manage and lease seven industrial buildings in Fairfax, VA; Alexandria, VA; and Prince Georges County, MD. The contract's value wasn't disclosed.