Brian Kelley: Investcorp’s Acquisition Strategy

Investcorp, a Bahrain-listed alternative investment fund, has recently expanded its U.S. residential portfolio with the acquisition of four properties in the metropolitan areas of Washington, D.C., Orlando, San Diego and Baltimore. The purchase price was approximately $300 million.

Sheraton Orlando North Acquisition Marks Sixth Acquisition for Waramaug, Interstate JV

Waramaug Hospitality and Interstate Hotels & Resorts have recently closed on the purchase of their sixth property as joint venture partners, the Sheraton Orlando North Hotel.

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.