| Oct 15, 2014
| 2:16 PM
Facing criminal charges of fraud and a $72 million lawsuit, Orlando businessman Nikesh Patel has agreed to sell five hotels, two multimillion-dollar homes, several luxury brand watches, a Rolls Royce, a Lamborghini, and gold coins.
But Patel hasn’...
| Oct 14, 2014
| 8:55 AM
A South Florida real-estate firm has signed a letter of intent to purchase five hotels owned by embattled Orlando businessman Nikesh Patel.
No sale has occurred yet, and a sale price was not disclosed. But Coral Gables-based Continental Properties...
| Oct 8, 2014
| 2:20 PM
MONTVERDE — Construction crews have returned for the first time in seven years to Bella Collina, the country-club community that owners describe as the face of both the real-estate boom and bust.
Builders at the 1,800-acre development have started...
| Oct 3, 2014
| 2:22 PM
For some people, shopping for Christmas decorations is a year-round thing.
"It's a magical place," said Gail Dembkoski, who was at Marge's Specialties in Orlando this week. "They do amazing stuff."
Christmas is always in season at Marge's and a...
| Oct 5, 2014
| 10:27 AM
McCraney Property Co. signed a lease with FedEx Ground to occupy 60 percent of its John Young Business Park's Building 3, which includes 142,638 square feet.
FedEx, which as expanded with the growth of online commerce, will use the space as a package...
| Jul 9, 2014
| 9:06 AM
Orlando-based CNL Commercial Real Estate is moving ahead with a plan to make $300 milllion in acquisitions over the next 18 months.
In April, CNL closed on the first acquisition for its CCRE Sponsor Equity Fund I – a $45 million purchase of the...
| Aug 15, 2014
| 5:59 AM
When it comes to securing housing, it’s been said that a key factor is location, location, location.
But these days, builders and housing advocates agree, there’s another issue that’s also become appealing to those seeking a place to...
| Aug 7, 2014
| 6:56 AM
Orlando remains one of the nation's more affordable housing markets, but the pinch of rising home prices on incomes is evident in a new study released Thursday.
Orlando-area home buyers in May spent 17 to 20 percent of their earnings on house payments,...
| Aug 28, 2014
| 7:11 AM
As the economy improves and the unemployment rate in the Orlando metropolitan area keeps dropping, a question that often comes up in good times is making a comeback, Mary Hurley noted.
Should you rent when you could buy?
Area residents in apartment...
| Aug 28, 2014
| 12:21 PM
State Sen. David Simmons this week encouraged commercial real-estate brokers to embrace a water-quality initiative on November's ballot.
The Altamonte Springs Republican briefed members of a commercial real-estate association on Wednesday about Amendment...
| Aug 24, 2014
| 9:56 AM
A new Trader Joe's distribution center planned for Daytona Beach is expected to receive about $6.6 million in economic incentives from governments and private entities.
Volusia County agreed to contribute $4.67 million of incentives for a warehouse that...