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2 area apartment complexes going strong, partner says

August 25, 2008 | By Jerry W. Jackson, Sentinel Staff Writer Despite the real-estate slowdown, apartment developer Lane Florida LLC is moving forward with its Orlando-area projects. The company, launched in Orlando by Atlanta-based Lane Co. in 2006, is wrapping up work on portions of its first complex in Florida, a 384- unit development in Osceola County called Verano Apartments . Work began on Verano, located just off Exit 244 of Florida's Turnpike near Walt Disney World , in November 2007. While leasing has begun and some of the one- to three-bedroom units are occupied, work is continuing and the complex should be completed by February, according to Mike Mulhall, the company's Florida regional development partner . Mulhall said work has also begun on the company's even more ambitious downtown Orlando apartment tower , called The Montage. The 19-story high-rise is being built on Lake Avenue a block from Lake Eola. "The apartment market remains strong , and we have t...

Rollingwood Apartments Sell For $21,093 A Unit

ORANGE COUNTY C.P.I. Church Street Inc. to Church Street Station of Orlando Inc., Sec. 26-22-29, $6.6 million. C.S.D. Sawgrass Inc. to Bottling Group LLC , Sec. 27-23-29, $5.67 million. Southern Gate Way Corp. to Omega Land Development Corp ., Sec. 28-23-30, $2.64 million. NationsBank to Southern Gateway Corp ., Semoran Commercenter, $2.6 million. Park Central Properties Ltd. to Third Series Investors Ltd., Park Central, $2.17 million. Eastmar Commons Partnership to T.W.C. Ninety-Nine Ltd., Eastmar Commons , $1.98 million. Anders B. Eklov to P.T.S.-Orlando LLC, International Drive Value Cen, $1.76 million. Long Lakes Hills Ltd. to Colony Construction Co., Long Lake Hills , $1.43 million. Gerard McHale to James W. and Kenlyn J. Dollar, Sec 15-22-30, $1.07 million. Gary and Deborah Kinnett to David S. and Karen E. Bradley, Cypress Springs, $945,000. Pierre J. Seacord to Daniel S. and Kimberly Gray, Anderson Heights, $934,000. Christopher J. and Courtney Campbell to Dennis and Marceli...