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HOUSTON-Camden Property Trust, like its peers, came through the first quarter with little, if any, gains. And like many in the industry, it too has revised guidance amid a projection for an overall NOI decline as the year continues.
ATLANTA-The leasing director for the Chicago-based company's Central Florida properties moves to Atlanta where he and his team will oversee nine million sf of office space, in addition to covering Tampa and Orlando properties.
ORLANDO-The fourth largest furniture chain in the United States paid an average $2.75 million each for the sites at 4545 E. Colonial Drive and 2000 Principal Row in Orlando and 645 W. State Road 436 in Altamonte Springs.
HOUSTON-The German investment group, Kapital Consults, implements a new investment strategy by taking out multiple loans against 17 luxury multifamily properties in Houston and Phoenix. Loans ranged from $5 million to $27 million.
ORLANDO-The locally based restaurant company and the tribe jointly broke ground today on Indian reservations with a 90,000-sf complex in Tampa, FL and a 115,000-sf project in Hollywood, FL.
ORLANDO-Bill Cuthill Jr., the court-appointed trustee for 2,000 fleeced Evergreen Security Ltd. investors in a 10-year-old scam, is going after an estimated $8 million worth of the New Jersey entrepreneur's stock assets in a startup Canadian mining company.
ORLANDO-Investors are giving Florida lower priority this year as they move their money into ventures closer to home where they can better monitor the progress of a new company, PricewaterhouseCoopers says in its quarterly national survey.
DALLAS-A mystery buyer, working through several LPs, buys the 122,849-sf Harwood Hills Village in Bedford and 95,148-sf Village in Duncanville from Regency Centers. The buyer also gets the 106,557-sf Plaza on Legacy in Plano, with all deals closing in the past week.
ORLANDO-Brazilian developer Sergio Naya made a last-minute offer of $24.6 million for his unfinished, twin-building Sandy Lake Towers hotel-condo complex but U.S. Bankruptcy Court Judge Karen S. Jennemann denied the offer, ruling Nava missed the April 24 deadline.
ORLANDO-Ebeneezer Holdings Corp. of Toronto paid Tampa, FL-based Hunters Ridge Associates Ltd. $46,849 per unit or $56.80 per sf for the 238-unit, 95%-leased Hunter's Ridge Apartments at 3733 Goldenrod Rd.