Orlando

The owners of two blocks in downtown Orlando plan a major redevelopment. The land in question is currently leased to the Orlando Sentinel under a long term agreement, housing its offices and production facility.

Approximately 76 acres of land located on the east side of Interstate 95 changed hands recently, Consolidated-Tomoka Land Co. announced.

Jones Lang LaSalle Inc. has recently welcomed John Gilbert to its Orlando team. Gilbert was hired as managing director in early July and he will focus on growing the firm’s office agency leasing practice in the Central Florida market.

The Reserve at Alaqua, a private golf course community in northeastern Orlando is now available to future residents. Located at 3109 Players View Circle in Longwood, within the Alaqua Country Club, the homes are close to Wekiva Preserve.

The 424-unit, Class A multifamily apartment community located in south Orlando is now the property of Milestone Apartments REIT, following a $50.7 million transaction announced recently by the investment trust. An affiliate of The Milestone Group, LLC was part-owner in the joint venture that sold the property, possessing a minority interest in the enterprise.

ROCH Capital has recently acquired the Holiday Inn Resort Lake Buena Vista from Vista Hospitality Company. The new owners commissioned Portfolio Hotels to manage the asset.

The Board of Directors at Bluerock Residential Growth REIT, Inc. approved an investment in a 296-unit mid-density, four story multifamily project on the East side of Orlando. Developed by Atlanta-based Catalyst Development Partners, the Class A apartment community is part of a Publix anchored retail development known as Town Park.

NorthMarq Capital secured an $8.83 million refinance for Lake Weston Point Apartment Homes.