ORLANDO, Fla. – The Henin Group, based in Orlando, developers of Riviera Bella luxury community on the St. Johns River in DeBary, recently sold Harbor Walk condominiums in Virginia Beach, Va. for $4.8 million.
Jerome Henin, founder and president of the Henin Group, said Franciscus Homes, which develops single-family homes and condominiums in six communities in the Virginia Beach /Norfolk area, acquired the remaining development sites that accommodate 156 new condominiums at Harbor Walk.
Originally planned to include 237 condominiums, Harbor Walk started development in 2003. The Henin Group assumed control of the property in 2007.
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For more information contact:
Jerome Henin, Founder / President, Henin Group, 407 644-8595
Friday, January 15, 2010
Mercantile Capital Corp. Reports 12.8 Percent Jump in Commercial Lending Volume in 2009
ALTAMONTE SPRINGS, Fla. --- Mercantile Capital Corporation, the Altamonte Springs firm that ranks as one of the largest providers of U.S. Small Business Administration (SBA) 504 loans in the nation, reported it saw a 12.8 percent increase in lending volume in 2009 over 2008 dollar volume totals.
Chris Hurn, president of Mercantile Capital Corporation, said the number of transactions declined slightly in 2009 but loan amounts---to small business owners who want to acquire or develop their own facilities---increased, Hurn said.
Geof Longstaff, chairman, said the firm’s largest single loan was $8.1 million to Blaine Convention Services in California to acquire a retail warehouse.
Mercantile Capital Corporation provided loans to small businesses in some 14 states in 2009, Longstaff said.
Since Mercantile Capital opened its doors in late 2002, the firm has provided 262 commercial loans valued at more than $424.7 million and created 2,983 jobs.
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For more information about this press release, contact:
G. Geoffrey Longstaff, Chairman, Mercantile Capital Corporation 407-786-5040
Christopher G. Hurn, CEO, Mercantile Capital Corporation, 407-786-5040
Chris Hurn, president of Mercantile Capital Corporation, said the number of transactions declined slightly in 2009 but loan amounts---to small business owners who want to acquire or develop their own facilities---increased, Hurn said.
Geof Longstaff, chairman, said the firm’s largest single loan was $8.1 million to Blaine Convention Services in California to acquire a retail warehouse.
Mercantile Capital Corporation provided loans to small businesses in some 14 states in 2009, Longstaff said.
Since Mercantile Capital opened its doors in late 2002, the firm has provided 262 commercial loans valued at more than $424.7 million and created 2,983 jobs.
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For more information about this press release, contact:
G. Geoffrey Longstaff, Chairman, Mercantile Capital Corporation 407-786-5040
Christopher G. Hurn, CEO, Mercantile Capital Corporation, 407-786-5040
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