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Florida bank, largest ‘underfunded’ financial institution in U.S., sued by shareholders

Florida-based U.S. Century Bank has been sued by some of its minority shareholders, who are angry that the bank’s fortunes have plummeted dramatically as of late. U.S. Century Bank is the largest bank in the country that is considered to be “underfunded,” meaning its assets are considered by some to […]

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Thu Jan 17, 4:39pm

General

To make a splash, Florida landowner lists island property on eBay

Here’s an item for the “There’s a Better Way to Do That” files: A Volusia County landowner has listed his Intracoastal Waterway island for sale…on eBay. He is asking $459,000 for the 90-acre island, which has about 20 developable acres. The man who owns the island said he wanted to […]

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Fri Jan 11, 4:35pm

General

Vacancy rates in Orlando poised to drop in 2013

If it has seemed to you that there have been a lot of apartment complexes and condominiums being built around Orlando lately, you are onto something. Collier’s International, which creates rental property forecasts that are widely followed in the commercial real estate industry, has predicted that rental property vacancy rates […]

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Thu Jan 3, 4:33pm

General

Building supply company expands in Orlando’s College Park

A New York-based building supply company has announced plans to expand its Orlando operations, a move that will required a bigger space and may add up to 10 jobs in 2013. It may represent a new phase of growth for a company that, until now, seems to have focused largely […]

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Wed Dec 26, 4:32pm

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