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Category: Business

Dream come true: Residents move into affordable Pendana complex

Dream come true: Residents move into affordable Pendana complex

Before Charlene Caines moved into LIFT Orlando’s new affordable housing complex this week, the single mom and her four boys had been crammed into her sister’s two-bedroom apartment.

Now, she has a three-bedroom apartment for $716 per month — about half the market rate — in the Pendana at West Lakes…

Lawsuit against Orlando law firm KEL could become class action

Lawsuit against Orlando law firm KEL could become class action

A lawsuit against Orlando-based KEL law firm, which has changed its name to LawyerASAP, is moving to the class certification stage after the firm lost an appeal.

The suit is over bankruptcy fees paid to the once-busy firm over a period of years, and it seeks punitive damages of $1 million.

The…

Marriott timeshare company will buy ILG for $4.7B stock and cash

Marriott timeshare company will buy ILG for $4.7B stock and cash

In a further sign of consolidation in the timeshare industry, Orlando-based Marriott Vacations Worldwide (NYSE:VAC) said Monday it will buy Miami-based ILG for $4.7 billion in stock and cash.

ILG, formerly Interval Leisure Group, says it has 40 properties and more than 250,000 owners in the Vistana…