ORLANDO-The locally based division of CNL Financial Group Inc. is constructing a 350-suite Residence Inn just south of Sea World here, and a 174-room Courtyard by Marriott in Weston, FL, 20 miles north of Downtown Miami. Both properties are scheduled to open in first quarter 2002.

HOUSTON-In an ongoing strategy to unload aging properties, United Dominion Realty Trust has sold five apartment complexes. The only one to go in Houston is the 124-unit Memorial Bend in the southwest submarket.

LINCOLNTON, NC-The Fort Myers, FL-based retailer's warehouse in Lincoln County Industrial Park on U.S. 321 will serve as the company's main facility for receiving, storing and shipping furniture to company stores and warehouses in Arizona, Florida and Texas. The site is 40 miles northwest of Downtown Charlotte.

MINNEAPOLIS-Some observers believe the name change sets the stage for selling the department stores to concentrate resources on growing its SuperTarget stores. The retailer says stronger name recognition is the reason.