Private mortgage Orlando
Jobs, fewer loan defaults boost Orlando's draw, report states Orlando’s rising employment rates and waning commercial mortgage delinquencies during the last year made the region one of the nation’s leading markets for growth and investment, according to a new study. The four-county area, including Orange, Osceola, Seminole and Lake counties, ranked fourth nationally for its business climate during the last four quarters, according to a report released Wednesday by the analytics firm Trepp LLC. Orlando ranked behind Seattle, Las Vegas and Atlanta in the measurement of economic growth and commercial real estate investment, said Sean Barrie, research analyst for Trepp. During the last year, Orlando’s population grew 2.5 percent and unemployment was 3.9 percent, with 42,800 jobs added during the last four quarters, Trepp’s report stated Orlando’s ranking was not surprising to Marcel Arsenault, who oversees the investment management company Real Capital Solutions, based in Co...