Tuesday, September 15, 2009

Lennar’s Central Florida Division Launches New Web Site to Focus on $8,000 Tax Credit, 50 Tampa Bay-Area Homes for Sale

TAMPA, Fla. - Lennar’s Central Florida Division, which builds new single-family homes and town homes priced from the $100s to the $400s, has launched a special web site to focus on the $8,000 federal tax credit for first-time home buyers with some 50 ready-to-move-in homes available in 16 communities in the Hillsborough, Pasco and Polk County areas.

Mark Metheny, president of Lennar’s Central Florida Division, said www.Lennar8000reasons.com offers the new homes for sale priced from the low $100s to $300,000.

“Lennar8000reasons.com presents a new home buying guide and special incentives to make these ready-to-move-in homes even more affordable and more appealing,” Metheny said.
The $8,000 federal tax credit---a major incentive for new home buyers and a major economic stimulus program---expires at the end of November.

“We anticipate a big surge in sales during October and November as buyers move to take advantage of the tax credit incentive before it expires,” Metheny said.

For more information contact:
Jassy Friddle, Marketing Manager Lennar, 888-317-7489;
Mark Metheny, Lennar Division President-Central Florida, 888-317-7489;
Robert Jesski, Lennar Vice President of Sales-Central Florida, 888-317-7489;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com.

Emerson International Negotiates Four Office Lease Agreements That Total Over 4,000 Square Feet

ALTAMONTE SPRINGS, Fla. - Emerson International recently negotiated four lease agreements that total more than 4,000 square feet of office space in Altamonte Springs and Orlando.

Sean Westcott, director of leasing for Emerson International, negotiated three of the lease agreements representing the landlord. Mills Mehr and Associates leased 881 square feet of office space and United Family Services of Central Florida leased 1,600 square feet at Altamonte Lakeside Park on Crane’s Roost Blvd. Westcott also negotiated an agreement with Great Equity Homes, LLC, to lease 845 square feet of office space at Center Pointe Office Park on CenterPointe Circle in Altamonte Springs.

Kenneth Koch, Commercial Portfolio Manager for Emerson International, negotiated a lease agreement with FCA Solutions, LLC for 974 square feet of office space at Major Center Plaza on Major Blvd. in southwest Orlando.

For more information contact
Eric J. Emerson, Vice President and General Manager Emerson International, Inc. 407-834-9560; ejemerson@emerson-us.com

Sean Westcott, director of leasing, Emerson International, Inc. 407-834-9560

Kenneth Koch, Commercial Portfolio Manager, Emerson International, Inc. 407-834-9560

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Ashton Woods Homes to Start Construction of 12 New Town Homes at Wickham Park in Windermere

ORLANDO, Fla. - Ashton Woods Homes will start construction of 12 new town homes at Wickham Park, located on Overstreet Rd. north of C.R. 535 in Windermere.

Michael Roche, vice president of sales and marketing for Ashton Woods Homes in the Orlando region, said construction will get underway within the next 30 days on three new buildings with three and four units, which have been released for sale.

The new three-bedroom, two-bath town homes at Wickham Park are priced from $164,900.

Wickham Park is an award-winning community that features Ashton Woods Homes’ PowerHouse Green and Environments for Living technology to enhance performance and dramatically lower energy costs by an average of 15 to 25 percent.

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-Orlando/Tampa, 407-647-3700
John Reny, President, Ashton Woods Homes-Orlando/Tampa 407-647-3700
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Stirling Sotheby's International Realty Names Wendy Barin Associate

ORLANDO, Fla. - Stirling Sotheby’s International Realty recently appointed Wendy F. Barin an associate in the firm’s Orlando World Marketing Center office.

Tansey Soderstrom, broker and owner of Stirling Sotheby’s International Realty (http://www.stirlingsir.com/) said Barin is a Connecticut native and 20-year resident of Brevard County.

Barin formerly was owner-operator of two successful health and fitness companies for 15 years before starting her career in real estate. She graduated with honors from Eckerd College in St. Petersburg with a Bachelor of Arts in Humanities.

Soderstrom said Barin will provide real estate services in a six-county area that includes Brevard.

For more information about this press release, contact:
Tansey Soderstrom, Stirling Sotheby’s International Realty Broker/Owner 407-588-1260
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

About Stirling Sotheby’s International Realty:
Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates five performance centers which serve all of Central Florida. Visit http://www.stirlingsir.com/.

Only 45 Luxury Home Sites Remain for Sale in Current Phase at Victoria Park in DeLand, Four Ready for Immediate Move-In

DELAND, FLA. - Only 45 luxury home sites remain for sale at Victoria Park Trails, located off the West Volusia Beeline and Orange Camp Rd. on Appleton Lane in DeLand.

David Byrnes, president of Beazer Homes in Florida, said new single-family homes at Victoria Park Trails range in price from the $169,900 to $289,900.

Four ready-to-move-in luxury homes at Victoria Park Trails are priced from $199,900.

Victoria Park Trails is nestled among parks, lakes, natural conservation areas, golf courses and walking and biking paths within minutes from historic downtown DeLand.

For more information, contact:
Theresa Tilton, Vice President of Sales Beazer Homes /Florida Division 407-339-4114; ttilton@beazer.com

David Byrnes President Beazer Homes / Florida Division - 407-339-4114 dbyrnes@beazer.com

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

About Beazer Homes:
Beazer Homes, headquartered in Atlanta, is one of the country's 10 largest single-family homebuilders with operations in 17 states. Beazer Homes is listed on the New York Stock Exchange under the ticker symbol "BZH."

Henin Group, Henin Realty relocate to downtown Orlando offices

ORLANDO, Fla. - The Henin Group, developers of the Riviera Bella luxury community overlooking the St. Johns River in DeBary, and Henin Realty have relocated to new offices on Annie Street in downtown Orlando.

Jerome Henin, founder and president of Henin Realty, said the new offices in downtown Orlando provide more space at more affordable costs.

Henin Realty and Henin Group corporate offices relocated from Winter Park.

For more information contact:
David Daniels or Jerome Henin, Henin Group, 407 644-8595
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Lennar Sets Focus on Brevard County Expansion: New Floor Plans Slated for Daintree, Sunstone, Heritage Isle in Viera

VIERA, Fla. - Lennar, which ranks as one of Florida’s most active home builders, has set its sights on expanding in Brevard County.

Mark Metheny, president of Lennar’s Central Florida Division, said the home builder -- which ranks as one of the largest in the U.S. -- recently acquired 30 home sites at Daintree in Viera.

Metheny said a new model home under construction at Daintree will open in October.

Lennar plans to unveil three new floor plans at Daintree priced from the high $100s, and five new designs at Sunstone in Viera from the low $200s, Metheny said.

New three and four bedroom homes at Daintree are priced from the high $100s, and Lennar’s new floor plans range in size from 1,677 square feet of living space to 2,032 square feet with two-car garages.

David Parker, vice president of sales and marketing for Lennar’s Central Florida division, said new floor plans at Sunstone on Tavistock Drive off Salerno Blvd. will range from 2,267 square feet to 3,141 square feet.

At Heritage Isle off Wickham Rd. in Viera, Lennar is building villa homes that range from 1,400 square feet to 1,600 square feet and manor homes that range from 1,677 square feet to 2,033 square feet. New homes at Heritage Isle are priced from the high $100s.

For more information contact:
David Parker, Vice President of Sales, Lennar-Central Florida, 888-317-7489
Jody Proudfit, Marketing Manager, Lennar-Central Florida, 888-317-7489
Mark Metheny, Lennar Division President-Central Florida, 888-317-7489
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com

Beazer Homes to Open Four Ready-To-Move-In Single-Family Homes at Sawgrass in South Orlando

ORLANDO, Fla. - Beazer Homes will soon open four new ready-to-move-in homes at Sawgrass, located off Weatherbee Rd. between S. Orange Ave. and Boggy Creek Rd. in southeast Orlando.

David Byrnes, president of Beazer Homes of Florida, said four ready-to-move-in homes at Sawgrass are priced from $219,990.

Byrnes said Beazer has 40 home sites available in the current phase at Sawgrass and new three, four and five-bedroom single-family homes at Sawgrass are priced from $174,990 to $349,990.

or more information, contact:
Theresa Tilton, Vice President of Sales Beazer Homes /Florida 407-339-4114, ttilton@beazer.com

David Byrnes, President Beazer Homes / Florida - 407-339-4114 dbyrnes@beazer.com

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

About Beazer Homes:
Beazer Homes, headquartered in Atlanta, is one of the country's 10 largest single-family homebuilders with operations in 17 states. Beazer Homes is listed on the New York Stock Exchange under the ticker symbol "BZH."

Henin Group to start construction of new homes priced from the $180s at Riviera Bella overlooking St. Johns River in DeBary

DEBARY, Fla. - The Henin Group will start construction on new models of single family homes priced from the $180s in December at Riviera Bella, the award winning luxury community the Henin Group developed overlooking the St. Johns River in DeBary.

Jerome Henin, president of the Henin Group, said the firm will be the principal home builder in a new neighborhood with 87 ready-to-be-built homesites at Riviera Bella.

“We are building smaller, smarter, more energy efficient luxury homes at affordable prices,” said Henin. “The housing market has changed for the better and our new approach to affordable luxury homes that offer smarter designs and lower energy costs help make Riviera Bella’s wonderful riverfront location one of the most desirable bedroom communities in Central Florida,” he said.

New three-bedroom, two-bath homes at Riviera Bella will range from 1,500 square feet of living space to 2,200 square feet,” Henin said

The riverfront community, which won the Parade of Homes Grand Award in 2004 through 2008, includes two neighborhoods of production-built homes that formerly sold for prices starting from the $400s and a custom home village with luxury homes priced at more than $2 million.

For more information contact:
David Daniels or Jerome Henin, Henin Group, 407-644-8595
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Real Estate Investors Eye Improving Market with Higher Interest Rates, Inflation Boost, says NAI Realvest Chairman


ORLANDO, Fla. - U.S. real estate investors foresee an improved housing market in 2011 that could contribute to the expected economy recovery.

Longtime real estate investment analyst George Livingston, chairman emeritus of NAI Realvest in Maitland, said the newest EcoTrends report from the Institute for Trend Research points out that with the housing decline near its end, real estate investors are likely to jump back into the market in increasing numbers.

“Stock prices are way up, U.S. money supply is rising sharply, the Purchasing Manager’s Index is in an uptrend and residential and commercial mortgage interest rates are still low,” Livingston said.

“All those indicators point to real estate as an increasingly important investment asset, so we will likely see some significant growth in residential and commercial real estate values,” Livingston explained.

“The risk is that interest rates and perhaps inflation are likely to be higher in 2011,” Livingston added. “Real estate is of course a good asset to hold in times of inflation.”

For more information, contact:

George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com


Patrick Mahoney, President, NAI Realvest, 407-875-9989 pmahoney@realvest.com


Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com

About NAI Realvest:

NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 325 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit http://www.nairealvest.com/.

Mercantile Capital Corp Reports Record Low Interest Rate on SBA 504 Loans

ALTAMONTE SPRINGS, Fla. - Mercantile Capital Corporation, which specializes in U.S. Small Business Administration (SBA) 504 loans for owners of small businesses who want to acquire their own facilities, reports a record low for the 20-year fixed interest rate on SBA 504 loan projects. This month, the rate fell to 5.14 percent, the lowest since the program’s inception more than 25 years ago.

“This record low interest rate for SBA 504 loans, combined with the fee reductions included in the Stimulus Bill, makes it even more attractive for business owners to purchase or expand their facilities. And this is the second time in three months that we’ve reported this,” said Chris Hurn, CEO and Co-founder of Mercantile Capital Corporation.

SBA 504 loans allow owners of small and mid-sized businesses to purchase, construct, or renovate their commercial property with as little as 10 percent down, long terms (up to 25 years) and fixed interest rates. Equipment and other fixed assets can also be included in these loans, to the benefit of the borrower.

“The SBA 504 loan has long been a powerful tool for business owners to grow and expand their operations. I hope the announcement of this historically low interest rate will cause more of America’s entrepreneurs to perk up and realize that there are once-in-a-generation opportunities for them to create wealth and help get our economy back on track,” said Hurn.

Mercantile Capital Corporation ranks as one of the most active providers of SBA 504 loans nationwide, providing owners of small and mid-sized businesses the option to own commercial property with up to 90 percent loan-to-cost financing.

Visit www.504Experts.com or www.504blog.com for more information.

For more information about this news release contact:
Chris Hurn, CEO, Mercantile Capital Corporation, 407-786-5040
Geof Longstaff, Chairman, Mercantile Capital Corporation, 407-786-5040
Shannon D. Marks, President/COO, Mercantile Capital Corporation, 407-786-5040
Larry Vershel, Larry Vershel Communications 407-644-4142

Only four luxury condominium units remain for sale at The Sanctuary condominium in downtown Orlando

ORLANDO, Fla. — Only four luxury condominiums remain for sale at The Sanctuary luxury condominium, bordered on Church St., Eola Pine and Osceola in downtown Orlando.

The first luxury condominium building to open in downtown Orlando, the 12-story Sanctuary tower is a signature community for developers Royal Palm and Historic Creations Design Group of Orlando.

Albert Kodsi, president of Royal Palm, said remaining units are priced from the mid $300s and range in size from 1,700 square feet of living space to 2,100 square feet.

For more information, contact
Steve Kodsi, President Historic Creations Design Group 407-422-4664
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

University of Central Florida Business Incubation Program Names Melissa Wasserman to Site Manager of Orlando Business Development Center


ORLANDO, Fla. - The University of Central Florida Business Incubation Program has named Melissa Wasserman as permanent site manager at the Orlando Business Development Center, located at 3218 E. Colonial Dr. in Orlando.

Gordon Hogan, director of operations for the UCF Business Incubation Program, said Wasserman earned her MBA Degree from the University of Central Florida in 2007 after completing undergraduate work at the University of California at Davis. She also earned a certificate in Technology Commercialization from UCF.

Wasserman joined the UCF Department of Research and Commercialization two years ago, Hogan said. She formerly served as a program assistant for the Office of Research and Commercialization and the UCF Business Incubation Program under Dr. Tom O’Neal. She was also was a part-time site manager of the Orlando Business Development Center for the past 6 months.

The Center is a general business incubator that supports high growth potential startup companies.

Contacts:
Melissa Wasserman, Site Manager/OBDC, UCF Business Incubation Program, 407-882-2296 or mwasserm@mail.ucf.edu
Gordon Hogan, Director of Operations, UCF Incubation Business Program, 407 882-1120, bizdev@mail.ucf.edu
Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 100 emerging companies (including nearly 70 current clients) create over $500 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With five facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, Lake County, the City of Leesburg and the Florida High Tech Corridor Council. For more information, please visit http://www.incubator.ucf.edu/

Time is Running Out to Take Advantage of $8,000 Federal Tax Credit for First-Time Home Buyers

ORLANDO, Fla. - Time is running out for first-time home buyers to take advantage of the $8,000 federal tax credit at Heritage Green in Providence in Polk County and Wyndham Lakes Estates in South Orlando, two ABD Development communities. The federal tax credit ends on Nov. 30

At Heritage Green at Providence Golf and Country Club on U.S. 17-92 in the Loughman-Davenport area, ABD Development recently completed two ready-to-move-in luxury homes designed with smaller, smarter features with more affordable pricing and lower energy costs, said David Kohn, president of ABD Development Company.

The new 2,500 square foot luxury homes are priced in the $350,000 range.

Three ready-to-move-in luxury homes at Windsor Landing at Wyndham Lakes Estates, located off Town Center and Landstar Blvds. in southeast Orlando, are priced from the $400s, Kohn said.

The Riviera model home, which offers four bedrooms in 3,100 square feet of living space, is priced at $450,000. Only 20 home sites remain for sale at Windsor Landing, Kohn said.

For more information, contact:
David Kohn, President, ABD Development Company 407-370-6400
Alene Raskin, Marketing Manager, ABD Development Company 407-370-6400
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

Star Tower luxury condominium in downtown Orlando reports it sold more than half of its luxury units

ORLANDO, Fla. — Star Tower, the luxury condominium located in downtown Orlando, reports it has sold more than half of its condominiums.

Steve Kodsi, president of Historic Creations Design Group, developers of Star Tower, said remaining units are priced starting from the mid $300s and range in size from 1,700 square feet of living space to 2,000 square feet.

Kodsi also said three 3,600 square foot penthouse condominiums at Star Tower are priced at more than $1 million.

For more information, contact
Steve Kodsi, President Historic Creations Design Group, 407-422-4664
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

Royal Custom Homes starts construction of six town homes at Lake Burden in Windermere, a master planned community by Royal Palm

ORLANDO, Fla. — Royal Palm’s master planned community of Lake Burden off SR 535 and Reams Rd. in Windermere will see construction of a new building with six town homes built by Royal Custom Homes within the next 20 days.

Albert Kodsi, president of Royal Palm, the developer of Lake Burden, said three of the town homes have already been sold.

New town homes at Lake Burden are priced from $199,000.

Amenities at Lake Burden include tennis courts, open space playgrounds, ball fields and lakeside gazebos. A pool and clubhouse will get underway later this year.

For more information, contact:
Albert Kodsi, President, Royal Palm 407-294-7931
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

Grande Oaks at Heathrow, Kolter Homes to Host Open House Event Sept. 26 to Showcase New Designs and 13 Ready-to-Move-In Townhomes

LAKE MARY, Fla. - Grande Oaks at Heathrow will showcase 13 new luxury two and three story, ready-to-move-in townhomes at an open house event from 11 a.m. to 5 p.m. Saturday, Sept. 26.

A lunch buffet will be served and the public is invited said Steve Bovio, senior project manager at Grande Oaks at Heathrow.

Bovio emphasized that the open house will showcase not only its newest designs, but 13 ready-to-move-in townhomes with special lower pricing for the area.

New pricing, according to Bovio, is from the mid-$240s to $270,000s on these “select” ready-to-move-in townhomes with two and three bedrooms, two-and-a-half baths ranging range from 1,857 to 2,387 square feet of living space.

“Our professionally decorated model townhomes at Grande Oaks will be open for touring at the event as well,” Bovio said.

As an added attraction, Bovio said four new designs will be introduced at the open house.

A four-unit building is just starting construction at Grande Oaks at Heathrow with the new two and three bedroom townhome designs ranging from 1,926 square feet to 2,387.

A gated luxury community at the corner of CR 46A and Orange Blvd. in Lake Mary, Grande Oaks at Heathrow (www.KolterGrandeOaks.com) features its own private lakefront recreation center with fitness area, meeting rooms, kitchen, swimming pool and spa with deck area and a tot lot.

Beautiful oaks enhance the property creating natural beauty and bringing serenity to the landscape. Grande Oaks at Heathrow offers quaint pocket parks, opportunities for biking along the numerous bike path routes as well as other local outdoor pursuits such as jogging and fishing. The community is located within easy walking distance of a wide variety of shopping and entertainment venues at Colonial TownPark.

The Grande Oaks at Heathrow sales and preview center is open from 10 a.m. to 6 p.m. daily and Sunday Noon to 6 at 1450 Lake George Drive. From I-4 go west on H.E. Thomas, Jr. Pkwy. (CR 46A) to the community entrance just past International Parkway. For information, call 407-829-8961.

For More Information, Contact:
Larry Vershel or Beth Payan Larry Vershel Communications, 407-644-4142 Lvershelco@aol.comS

teven V. Bovio, Senior Project Manager, Kolter Homes/Orlando 407-333-1733 sbovio@kolter.com

About Kolter Homes:
Kolter Homes is part of the Kolter Group, a private investment firm focusing on real estate development, investment and construction. Kolter Homes brings more than a decade of experience in Florida homebuilding to each of its communities in Orlando, South Florida and the Treasure Coast. Visit www.KolterHomes.com for additional information.