Grubb & Ellis|Commercial Florida Appoints Nat Barganier Executive Director of Distressed Properties Group

Grubb & EllisCommercial Florida Appoints Nat Barganier Executive Director of Distressed Properties Group

TAMPA, Fla. - Grubb & EllisCommercial Florida, associated with 130 Grubb & Ellis offices worldwide, has appointed Nat Barganier executive director of the firm’s Distressed Properties Group, which provides receivership, management, repositioning and disposition services for special real estate assets throughout Florida.

Jeffrey Sweeney, SIOR, president of Grubb & EllisCommercial Florida, in Tampa, Orlando and Melbourne, said Barganier will also assume a key role in the firm’s expanding Multi-Family Advisory Group working closely with Sweeney, investment advisor Kelly Oliver and marketing coordinator Larry Leitzman in the disposition of multi-family properties.

Barganier, a graduate of Texas State University in San Marcos, has more than 25 years of experience in commercial real estate. Prior to joining Grubb & Ellis, Barganier was a veteran of Camden Property Trust (CPT:NYSE) and served as vice president of Multi-Family Investment for the Southeast Region. His responsibilities included multi-family development, acquisition and disposition of numerous projects with locations ranging from Washington D.C. to Boca Raton.

“We are pleased an executive of Nat Barganier’s experience has joined our firm and we expect him to play a major role in our growth,” said Sweeney.

About Grubb & Ellis:
Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies. With more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants and investors comprehensive integrated real estate solutions, including transaction, management, consulting and investment advisory services supported by proprietary market research and extensive local market expertise.

Grubb & Ellis and its subsidiaries are leading sponsors of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including tax-deferred 1031 tenant-in-common (TIC) exchanges; public non-traded real estate investment trusts (REITs) and real estate investment funds. As of September 30, 2008, more than $3.8 billion in investor equity has been raised for these investment programs. The company and its subsidiaries currently manage a growing portfolio of more than 225 million square feet of real estate. In 2007, Grubb & Ellis was selected from among 15,000 vendors as Microsoft Corporation's Vendor of the Year. For more information regarding Grubb & Ellis Company, please visit http://www.grubb-ellis.com/.

For Information:
Nat Barganier, Grubb & EllisCommercial Florida, 813-639-1111 ext. 205
Kelly Oliver, Grubb & EllisCommercial Florida, 813-639-1111 ext. 262
Jeffrey Sweeney, Grubb & EllisCommercial Florida, 407-481-5387
Larry Leitzman, Grubb & EllisCommercial Florida, 813-830-7890 ext. 300
Larry Vershel, Larry Vershel Communications, 407-644-4142

Melrose Sovereign Companies appoints new property manager, three new leasing agents

Melrose Sovereign Companies appoints new property manager, three new leasing agents

ORLANDO, Fla. - Melrose Sovereign Companies, the Orlando-based real estate management firm that specializes in rental apartment communities, condominiums and home owner associations, recently appointed a new property manager and three new leasing agents.

Ellen Lumpkin, LCAM, co-founder and partner at the firm, said Belinda Diaz was recently appointed property manager. She has been in the real estate industry for 11 years.

New leasing agents are Kyla Lacey, Yuri Abad and Porsche Merino.

For more information, contact:
Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, elumpkin@melrose-sovereign.com
Jack B. Hanson, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, jhanson@melrose-sovereign.com
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, Lvershelco@aol.com

Ashton Woods Homes has only 12 homesites remaining at Camden Woods in Riverview; Three new Single Family Homes Priced from $159,900 nearly complete

Ashton Woods Homes has only 12 homesites remaining at Camden Woods in Riverview; Three new Single Family Homes Priced from $159,900 nearly complete

TAMPA, Fla. - Ashton Woods Homes has only 12 homesites remaining at the community of Camden Woods, located off 78th Street in Riverview, where its new single family homes are priced from $159,900 to the mid-$200s.

Michael Roche, vice president of sales and marketing, said Ashton Woods Homes recently started three new single-family homes at Camden Woods, and one of the new homes will be ready by the end of April. Two more will be completed in June, Roche said.

New three and four-bedroom single-family homes at Camden Woods range in size from 1,712 square feet of living space to 3,062 square feet.

Ashton Woods Homes is a subsidiary of the Great Gulf Group of Companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Houston, Dallas, Atlanta, Phoenix, Tampa, Denver and Orlando.

For more information, contact:
Michael Roche, VP Sales & Marketing Ashton Woods Homes-Tampa/Orlando 407-647-3700
John Reny, President, Ashton Woods Homes-Tampa/Orlando; 407-647-3700
Larry Vershel or Beth Payan, LV Communications, 407-644-4142

Two Orange City real estate professionals form new residential real estate firm to fill void in today’s market

Two Orange City real estate professionals form new residential real estate firm to fill void in today’s market

ORANGE CITY – Longtime commercial real estate broker John Wanamaker and state-certified real estate instructor Tom Milton have formed a new Orange City-based residential real estate company.

Wanamaker, broker of Coldwell Banker Commercial AI Group, and Milton, a residential real estate veteran with 22 years of experience, formed The CornerStone Group in March to handle business planning for the financing of new real estate services that are being adapted for today’s changing real estate market, according to Milton.

A former general manager for the Coldwell Banker Real Estate Network, Milton has served as chief administrator and instructor of the West Volusia School of Realty and instructor for the first for-credit university intern program for Florida real estate students. He also is a past director of the West Volusia Association of Realtors.

“We formed this company to fill a niche in today’s challenging residential market,” Milton said. “The CornerStone Group is a collection of top local professionals who have teamed up to face the complexities of the market using each member’s unique talents in the field.”

The company specializes in short sales, pre-foreclosures, property management, Internet marketing, as well as relocation and international marketing, he said.

About Coldwell Banker Commercial AI Group:
Owned and operated by commercial real estate veterans John Wanamaker and Chuck Rudis, Coldwell Banker Commercial AIG is a leader in the listing, leasing and selling of properties, as well as a premier developer of community-friendly and LEED-accredited projects for small business owners.

For more information about this release, please contact:
Tom Milton, broker for The CornerStone Group, 386-774-0203 or 386-848-2034
John Wanamaker, broker for Coldwell Banker Commercial AI Group, 386-775-8633, john@cbciagroup.com
Charlene Hager-Van Dyke, Larry Vershel Communications, 386-837-8780, 407-644-4142 or chagervandyke@yahoo.com