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CNL Financial Group (CNL), formerly Commercial Net Lease, is an Orlando, Florida based private investment management and commercial real estate company. It was started in 1973 by James Seneff. [1] The company has been a major player in efforts to redevelop Orlando's downtown.
Glenn Wesley Turner (1934–2020) [1] was a salesman best known for his Orlando, Florida based multi-level marketing cosmetic company Koscot Interplanetary, Inc. Turner and Koscot became entangled in numerous legal difficulties and Koscot went out of business in the 1970s. [2]
The family diversified into beef cattle ranching at their Cocoa Ranch, near Cocoa, Florida. By the 1970s, it had 20,000 cattle. The business was incorporated in 1953. The company revenues were $200 million in the 1980s. Ranch holdings in Central Florida had risen to 16,000 acres (6,500 ha).
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A successful real estate developer, his two main family-run businesses, Garden Homes and Garden Commercial Properties, have constructed some 25,000 homes in 39 states across the country since their initial ventures; the two entities and their affiliates own and manage 25,000,000 square feet (2,300,000 m 2) in retail and business property. [6]
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