ORLANDO-The locally based timeshare developer will be leaving Orlando, the timeshare capital of the country, with a pared-down portfolio of 75 properties, down from 89. The company, still in Chapter 11, plans to relocate by year end.

TRACY, CA-Seagate Properties sells two industrial buildings in Tracy and Modesto. The buyers were Sysco Food Services of Modesto Inc. and Prologis Trust.

DALLAS-Archon Financial takes the lead spot in another round of recent personnel changes in the metroplex. Former VP and general counsel Joseph Osborne is promoted to COO, but will continue his legal duties for the Goldman Sachs company.

IRVINE, CA-The Irvine-based developer is still waiting on the closure of a $13.4-million construction loan from International Commercial Finance. The final closing had been scheduled for the beginning of February, but internal processes at ICF are holding it up.