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Mattamy to Develop its Biggest U.S. Community on Newly Acquired Land

Mattamy to Develop its Biggest U.S. Community on Newly Acquired Land

Mattamy Homes, Canada’s largest homebuilder, plans to introduce its highly-successful master-planned community model to the Orlando market. The company will build its biggest exclusive master-planned community in the US, having recently paid $15 million for the Tapestry property in the City of Kissimmee.…

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Metropolitan Resort Orlando Soon to Become World’s Largest Econo Lodge

Metropolitan Resort Orlando Soon to Become World’s Largest Econo Lodge

California Hotels has big plans in metropolitan resort orlandostore for the 297-room Metropolitan Resort; through its subsidiary, 8444 Investments LLC, the company plans to convert the property to The World’s Largest Econo Lodge.…

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New Vista at Lost Lake Units to Add to Growing Local Multifamily Inventory

New Vista at Lost Lake Units to Add to Growing Local Multifamily Inventory

McCann Realty Partners, the company that bought the Vista at Lost Lake apartments in Clermont last year for $28 million, is now moving forward with the project by starting construction on a second phase.…

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Florida Hospital Breaks Ground on Emergency Department, Plans Further Expansion

Florida Hospital Breaks Ground on Emergency Department, Plans Further Expansion

Florida Hospital East Orlando has recently celebrated its upcoming expansion that will double the size of its current emergency department through a special groundbreaking ceremony. Both hospital and community leaders attended the ceremony and planted 260 flowers—number that stands for the average number of patients seen on a daily basis…

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$30M Oviedo Multifamily Community Now Underway

$30M Oviedo Multifamily Community Now Underway

Oviedo, Fla. will soon add 275 residential units to the local inventory, as Jacksonville-based LandSouth Construction has started construction on the $30 million Park Place Apartments and Oviedo on the Park.…

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Valencia, UCF Officials Dedicate New Building at Osceola Campus

Valencia, UCF Officials Dedicate New Building at Osceola Campus

Valencia College officials, along with officials from the University of Central Florida, dedicated the newest building on Valencia’s Osceola Campus on April 11, marking the expansion of the Valencia-UCF partnership in Osceola County.…

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Developers Kick-Start $38M Transit-Oriented Apartment Community in Orlando

Developers Kick-Start $38M Transit-Oriented Apartment Community in Orlando

A new community is set to rise in downtown Orlando, as developers Wood Partners and The Ustler Group have joined forces and started working together on a 248-unit urban apartment community called The Ivy – Residences at Health Village.…

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Winter Park’s University Plaza Shopping Center Gets $10.5M Financing

Winter Park’s University Plaza Shopping Center Gets $10.5M Financing

Holliday Fenoglio Fowler, working exclusively on behalf of borrower North American Development Group, has recently arranged $10.5 million in financing for the grocery-anchored University Plaza shopping center in Winter Park.…

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Wood Partners Delivers First Units of Luxury $32.7M Alta at Lake Eve

Wood Partners Delivers First Units of Luxury $32.7M Alta at Lake Eve

Wood Partners is making headlines for the second time this month; after having recently broken ground on its 200-unit Rialto apartment complex in southwest Orlando, the company is now announcing the official opening of its newest multifamily community, the $32.7-million Alta at Lake Eve.…

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HFF Secures $50M Refinancing for Three Central Florida Office Properties

HFF Secures $50M Refinancing for Three Central Florida Office Properties

Holliday Fenoglio Fowler, working on behalf of the borrower—a joint venture between The Praedium Group and Tower Realty Partners, Inc.—has secured $50 million in refinancing for three Central Florida office properties.…

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Rida Development’s $200M Transit-Oriented Project Gets Preliminary Approval

Rida Development’s $200M Transit-Oriented Project Gets Preliminary Approval

RIDA Development’s master plan for a $200 million, multi-phased mixed-use development won the approval of Orlando's Municipal Planning Board on Tuesday, and must now go before the City Council. The ambitious project was first announced in 2011, when Mayor Buddy Dyer included RIDA’s idea in his State of Downtown speech.…

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Orlando Fashion Square Mall Trades for $35M; Duke Realty Closes Five Notable Leases

Orlando Fashion Square Mall Trades for $35M; Duke Realty Closes Five Notable Leases

By Georgiana Mihaila, Associate Editor Pennsylvania Real Estate Investment Trust is pursuing its previously announced strategy of improving the quality of its portfolio by selling non-core assets. One of the first non-core assets to trade is Orlando Fashion Square Mall, recently sold in a $35 million cash transaction. “The sale…

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