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MaXxlife

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Posts posted by MaXxlife

  1. 10-Lender Syndicate Loans $405M to Peabody Orlando

    Capmark Finance Inc. has assembled a syndicate of 10 lenders, including a Capmark affiliate, to provide a $405 million financing package for The Peabody Orlando hotel in Orlando, Fla.

    The floating-rate loan refinanced existing debt originated by Capmark Finance in 2005 and provides construction financing for an expansion that will nearly double the size of the hotel. The loan has a four-year term with a one-year extension option.

    More

  2. Designers of Orlando's arts center promote radical concept for new performance space

    Organizers scrutinize cutting-edge plans for the new Orlando performance space.

    http://www.orlandosentinel.com/news/local/...0,5409884.story

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    The design team for the Orlando arts center is modeling the largest theater after Disney’s New Amsterdam Theatre, built in 1903. :thumbsup: I hope they can preserve the old world feel. This place is going to be quite the venue if it pans out.

  3. By the time these are in place, it will probably be 2012 or so. Everything is a guess when it comes to the future, but I tend to agree with CS on this one. Prices will have to be lowered to meet current demand. There is still too much available and being built. There was a lot of talk a couple years ago about downtown Orlando coming to fruition. It will seem to all of a sudden happen. We are the ones watching it under a microscope. The average person in the Orlando metro could really care less. All they care about right now is what their house in the suburbs is worth and the cost of gas. When all of the amenities are located downtown in a few years, the average person will think it just popped up overnight.

    I have thought this for some time and never really allowed any of the negative news that the local guys like to report about bother me. It seems that each time I walk downtown the pedestrian activity seems to get better. In my opinion, we have to give a lot of credit to Mr. Dyer and crew for having the vision to deliver us the active downtown that we see today.

  4. I don't normaly drive down mills, but I started a new job on colonial and it has become part of my commute. The last two days I noticed workers on this site and some large precast cement pieces as well. Maybe someone could shed some light on what's going on.

  5. Holy Land Experience details its expansion

    The Holy Land Experience is done with being humble.

    The biblically themed tourist attraction is planning to erect a 30-foot-tall sign alongInterstate 4, highlighting its new owner, Trinity Broadcasting Network, which purchased the park last June for $37 million.

    Other indications of the park's new ownership include a 100,000-square-foot television studio to be built on land across Vineland Road from the attraction, parking lots surrounding the TV studio, and a footbridge over Vineland connecting the parking and studio to the main complex. Article

  6. "Sentinel Exclusive"

    Cameron Kuhn, key downtown Orlando high-rise towers face foreclosure

    Lenders have foreclosed on several properties owned by Orlando developer Cameron Kuhn, including his centerpiece tower project The Plaza, the largest redevelopment in downtown's history.

    I saw Kuhn Walking around the Cheyenne Saloon on Church st. today and he didn't seem all the concerned to me. I also saw an electric-hybrid bus (it said it on the side) driving in the Lymmo lane. I guess they where demoing the bus for some Lynx folks.

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