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The Florida Department of Business Regulation (FDBR) adopted real estate development reforms in the 1970s because of such abuses. [3] [4] In 1969, GALC (or Gulf American Corp) and its sister companies were taken over by General Acceptance Corporation. [5]
In the late 1990s, the Babcock family sought to sell the ranch to the state of Florida. The property was considered a priority for purchase by conservation leaders who saw it as the final section needed to establish an environmental corridor stretching from Lake Okeechobee in the center of Florida to the Charlotte Harbor Estuary on Florida's Gulf Coast.
In the 1920s, Florida was in the midst of high real estate activity, where the state saw inflated real estate values and many coming into the state eager for profits. The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street Crash of 1929 forcing little development in the state and a land bust. [6]
The General Services Administration is conducting a fire sale of government real estate, Cheap Military Property for Sale, but Buyers Better Prepare for Battle Skip to main content
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The resort had an occupancy rate of 60–75% for most of the year. To attract a larger demographic beyond golfers, it was expanded and renamed The Disney Inn in February 1986. It opened an additional 150 rooms, and introduced a new Snow White theme; however, it was still small by Disney standards. The resort described itself as having "the ...
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