ORLANDO-One of the world's largest resort operators, the locally-based, 89-property company is banking on Gregory Rayburn of Jay Alix & Associates to pull it out of Chapter 11 and revive the former 7,800-person work force.

LOS ANGELES-Hanover Financial Co. and Kennedy-Wilson acquire 292 apartments in Playa del Rey as part of $200-million joint-venture agreement.

BOCA RATON, FL-Locally-based Engle Homes Inc., which has homebuilding operations in seven states, is being acquired by Technical Olympic USA, the United States arm of an international construction company headquartered in Athens, Greece. The deal, including purchase of all Engle shares and assumption of debt, is valued at $465 million.

MARLBOROUGH, MA-Hunneman has signed Accutech to 53,039 feet in 495 Technology Park.