Reedy Creek Improvement District’s Bond Rating Remains on ‘Negative Watch’ While Facing Dissolution

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With its dissolution seemingly imminent, the Reedy Creek Improvement District’s bond rating from Fitch Ratings remains on “Negative Watch,” according to Orlando Business Journal‘s Richard Bilbao. Bilbao notes that in its latest report, Fitch has yet to issue a full rating, but the district could face a downgrade on its issuer default rating (IDR) bonds … Read more

Experts Claim Plans to Dissolve Reedy Creek Improvement District Could Negate Statute Requiring Local Vote, Terms May Change Before Law Goes Into Effect

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With Florida’s Senate and House of Representatives voting to dissolve the Reedy Creek Improvement District this week, Disney will likely take to the courts to stop the law from being enacted. But the company’s efforts may be further complicated due to language in the bill, according to the Orlando Business Journal‘s Richard Bilbao. Bilbao writes … Read more

California-Based Trion Properties Buys Disney College Program Apartment Complex

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With Disney College Program apartments now located at Flamingo Crossings, a California-based real estate firm has purchased a complex formerly used to house DCP participants. Orlando Business Journal‘s Richard Bilbao has reported that Trion Properties has purchased the 384-unit Patterson Court complex for $107.75 million. Located off International Drive east of Walt Disney World (and … Read more

New Walt Disney World President Boasts Plans to Improve Cast Member Break Rooms and Morale in Recent Interview

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“Orlando Business Journal” recently spent time with new Walt Disney World President Josh D’Amaro during a one-on-one interview. In the story, D’Amaro shared his vision for the Florida parks, as well as improvements underway for existing cast members. Here are a few highlights from the story, along with a few pieces of context from WDW … Read more