MINNEOLA, FL-Even after the Lake County School Board turned down a similar offer from Terry Hagen, local elected officials voted Sept. 10 to accept the deal and annex the developer's planned 711-home community, 25 miles west of Downtown Orlando.

BOCA RATON, FL-The offering of the shares of 8 1/2% series A cumulative redeemable preferred stock means about $72.1 million in net proceeds for Koger, which will be used for multiple purposes, including to fund the acquisition of the Rosemeade Building and CIGNA Plaza in Dallas.

NORTH BAY VILLAGE, FL-The Miami Beach -based company, which has been involved in building single-family homes for nearly 50 years, is planing a February ground-breaking on a 15-story, 414-unit development called 360:. And Lennar has hired ISG to launch sales of the project.