Monday, June 21, 2010

Stirling Sotheby's International Realty is Leading Revival of Luxury Home Sales at Bella Collina in Monteverde

ORLANDO – Bella Collina, the exclusive ultra-luxury community that started development overlooking Lake Apopka in Monteverde just before the housing market collapsed, is experiencing a revival.

Part of the reason is bargain pricing—golf course home sites that were priced from $490,000 to $935,000 at the height of the real estate boom are now selling for under $50,000.

Just two months ago, the LR team at Stirling Sotheby’s International Realty announced an international marketing campaign to spur sales in the luxury neighborhood.

Roger Soderstrom, founder and owner at Stirling Sotheby’s International Realty in Orlando, said through May of this year two luxury homes have sold at Bella Collina and six luxury home sales are currently pending. Twelve luxury homes are currently listed for sale at Bella Collina with the average list price of $3.3 million.

“Home sites at Bella Collina are a bargain right now,” said Dan Natoli, a partner with the LR Team. “Golfside home sites on the market right now are priced from $2,900 to $80,000 and they were originally priced from $490,000 to $935,000,” he said.

Luxury homes for sale at Bella Collina today range in price from $900,000 to $7.9 million.

However, Natoli foresees new homes priced in the $400-500,000 range in some neighborhoods in the coming year. Those prices will be driven by very affordable lot pries and new consumer buying trends.

Stirling Sotheby’s LR Team—Natoli, Carolyn Burgiel, and Darren Iozia of the firm’s Windermere/Dr. Phillips office—said that buyer interest is growing everyday.

“Buyer interest at Bella Collina has been extremely strong in 2010, the strongest we have seen in three years,” Burgiel said.

“We’re talking with traveling professionals, couples downsizing, pre-retireds and professionals from the Orlando area looking for a high-quality lifestyle and attractive pricing,” Burgiel added. * * *

For more information contact: Carolyn J. Burgiel, Sales Executive, Stirling Sotheby’s International Realty 407-864-0605; Roger Soderstrom, Founder/Owner, Stirling Sotheby’s International Realty 407-581-7890; rsoderstrom@stirlingSIR.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142; lvershelco@aol.com

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 three performance centers which serve all of Central Florida.

Former Orlando Publisher Now a Novelist

ORLANDO - Gerhard Munster, founding publisher of the Observer weekly newspaper, is now a published novelist with the release of Naomi of Nob Hill by Bloomington, Indiana-based iUniverse.

The 65-year old Orlando-area resident was born in Vienna, Austria and covered Africa for the Sunday Times for 11 years before moving to Florida.

Munster launched the Winter Park Observer in 1988, expanded it to include Maitland in 1990 and sold the paper in 2007.

Naomi of Nob Hill follows a hard-working and resourceful housekeeper who takes a live-in job with a wealthy family in San Francisco’s Nob Hill district.

Her friendship with a cab driver takes a fortunate if harrowing turn when Naomi discovers that her invalid employer is actually a prisoner in his own mansion, and his scheming employees will do anything to keep it that way.

Munster decided to write a novel while on a trip with his wife Karen.

“It took about a year to finish,” Munster said, “and it was a transformative experience.”

Munster said he plans to start work on a second novel in the fall. Naomi of Nob Hill is available at Amazon.com, Barnes & Noble. Com, Books a Million and other book sellers.
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For more information, contact: Gerhard Munster, Author, 407-760-0690 Munsterg1@bellsouth.net; Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

Beazer Homes has Four Ready-to-move-in Town Homes Priced from the low $100s at Sawgrass Village in Pinellas Park

TAMPA - Beazer Homes has four ready-to-move-in town homes priced from the low $100s at Sawgrass Village located on 68th Terrace in Pinellas Park.

Kareyann Rhodes, sales manager for Beazer Homes in the Tampa Bay region, said seven more town homes that are under construction will be completed in August.

Two and three-bedroom town homes at Sawgrass Village range in size from 1,416 square feet of living space to 1,496 square feet with two-and-a-half baths and one-car attached garages.

Rhodes said four of the town homes under construction now at Sawgrass are without garages priced from $109,900. The two and three-bedroom town homes offer 1,208 square feet of living space with two-and-a-half baths.

Sawgrass Village features a community pool and cabana and is close to shopping and the beach. * * *

For more information contact: Kareyann Rhodes, Sales Manager, Beazer Homes/Tampa Division 813-663-9002 Krhodes@beazer.com 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

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."

Area Law Firm Teams Up with Beach 92.7 FM Radio to Sponsor Spectacular Two-Day Independence Day Festivities in Flagler

FLAGLER BEACH – The law firm of Rue & Ziffra once again is a sponsor of Flagler County’s annual Fourth of July Celebration July 3-4 at Flagler Beach and Palm Coast, with dazzling fireworks taking top billing on both days.

Because the 30-year-old personal-injury firm is teaming up with Flagler County’s Beach 92.7 FM radio station to sponsor the “All-American Fourth of July Weekend,” this year’s two-day fireworks display and festival is expected to be the biggest July 4th celebration in Flagler County’s history.

Rue & Ziffra President Allan L. Ziffra said his firm’s annual contribution to the event is part of their pledge to give back to local communities; with many local charities benefitting from the festivities.

“Once again, we’re proud to help sponsor this event,” he said. “It’s just another way of letting the residents know that we at Rue & Ziffra are committed to them and their causes.”

Rue & Ziffra will sponsor a roof-top beach party at Finns on the beach across from the Flagler Beach Pier on Saturday7-3. Live entertainment will be presented all day and Beach 92.7 will offer a chance to win a Tom Gibb Chevy truck and a Parker fishing boat. Fireworks will be launched from the Flagler Beach Pier at nightfall.

Additional Saturday events will include live Reggae music, a watermelon-eating contest, a corn-hole competition, a street festival, the Lil’ Kahuna and Tiny Tiki contests for boys and girls between 3 and 5, and a “Beach Ball Bash Parade,” sponsored by the Flagler Beach Rotary Club.
On Sunday 7-4, Rue & Ziffra will kick off a sunset tailgate party at 7 p.m. at Town Center’s Central Park in Palm Coast, and Beach 92.7 FM will provide music, activities and prizes.

Fireworks, presented by the Flagler County Rotary Club, will be launched from the pier beginning at 9 p.m. Those attending are encouraged to bring along blankets, lawn chairs and coolers, as concessions will be limited.

About Rue & Ziffra: Founded by John D. Rue and Allan L. Ziffra, the personal-injury law firm of Rue & Ziffra has served the Central Florida community for more than 30 years. The firm’s commitment to its profession and its clients has earned it a reputation as one of the top personal-injury law firms in Central Florida. Known for handling everything from automobile and motorcycle accidents to medical malpractice, wrongful death, and social security and disability cases, Rue & Ziffra has recovered millions of dollars for injured clients and their families. With a staff of nine attorneys, the firm maintains offices in Port Orange and Orange City.

For more information about this release, please contact: Allan L. Ziffra, President, Rue & Ziffra, 386-788-7700 or allanz@rueziffra.com; Shane Snipes, Promotions/Advertising Director, Rue & Ziffra, 386-788-7700 or shanes@rueziffra.com; Charlene Hager-Van Dyke, Larry Vershel Communications, 386-532-8862

Stirling Sotheby's International Realty Associate is Qualified Short Sale and Foreclosure Certified by National Assn. of Realtors

ORLANDO - Stirling Sotheby’s International Realty associate Lauren Merrell recently completed a required curriculum and received the SFR, (Short Sales and Foreclosure Resource) certification by the National Association of Realtors (NAR).

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said the technical training curriculum developed by NAR qualifies Merrell – one of his firm’s agents in the Brevard area – as an expert in short sale real estate transactions and foreclosures.

The recent increase in distressed home sales indicates a significant need for short sale and foreclosure expertise, Merrell said.

“In April of 2010 almost 40 percent of sales completed in Brevard County were either short sales or foreclosures,” said Merrell.

Short sales – selling properties with approval of the lender for an amount less than the principal owed on the mortgage – often represents a viable alternative to foreclosure proceedings for both sellers and lenders.

“I am now combining my knowledge of the luxury market and my training as an SFR expert to assist both owners of luxury homes experiencing difficulties and investors or buyers with their purchases of REOs or bank owned homes and short sales,” Merrell said.

Expertise in negotiating the best possible terms for the seller or buyer can offer substantial tax advantages too, she added.

“Stirling Sotheby’s International Realty began developing specialized skills in short sale transactions almost two years ago,” Soderstrom explained, adding, “and it has been very advantageous.”

For more information contact: Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty, 407-581-7890

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 three performance centers which serve all of Central Florida.

Cotter-Ryan Commercial starts Construction on Renovation and Expansion of Aloma Cinema Grill & Draft House in Winter Park

Longwood - Cotter Ryan Commercial, LLC has started construction on the renovation of the Aloma Cinema Grill and Draft House, the landmark Winter Park facility located in the Publix Shopping Center on Aloma Avenue and Lakemont in Winter Park.

Scott Ryan, president of Cotter Ryan Commercial, LLC, said work will include adding a third theater to the Aloma Cinema Grill, which will expand the facility by 3,500 square feet. Once completed the Aloma Cinema Grill and Draft House will seat 195 patrons

The $125,000 project will be completed by the end of July.

For more information contact:
Scott H. Ryan, President, Cotter Ryan Commercial, LLC, 407-786-7686 sryan@cotterryan.com

Florida Economic Gardening Institute names Fran Korosec Director of Client Services

ORLANDO - The Florida Economic Gardening Institute has appointed Fran Korosec director of client services.

Dr. Tom O’Neal, executive director of the Florida Economic Gardening Institute, said Korosec earned his undergraduate degree from Clarkson University and his master’s degree from State University of New York at Binghamton.

Korosec has more than 24 years of experience in corporate management, including executive positions at Bell & Howell, Lockheed Martin and IBM.

“The Economic Gardening Institute is a critical effort to provide promising second stage companies with the resources to accelerate their growth and expand employment throughout Florida,” Dr. O’Neal said.

“Fran Korosec is a seasoned executive with a unique combination of business development/sales, program management, and technical expertise. We expect him to play a major role in the growth and success of the Economic Gardening Institute.

Funded by the Florida Legislature at the University of Central Florida, the Florida Economic Gardening Institute is a joint venture of the University of Central Florida, the Florida Development Council, Enterprise Florida, Workforce Florida, Florida High Tech Corridor Council and others working to identify and cultivate hundreds of growth companies.

Visit www.GrowFL.com
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For more information, contact:
Fran Korosec, Director of Client Services, Fla. Economic Gardening Institute; 407-882-0210; Fran@Growfl.com; Dr. Tom O’Neal, Executive Director Fla. Economic Gardening Institute; 407-882-1120; oneal@mail.ucf.edu

The East Coast Retail Investment Team at Lavista Associates Negotiates Largest Sale of Multi-Tenant Retail Center in Jacksonville

ATLANTA - The East Coast Retail Investment Team at Lavista Associates, one of the Southeast’s leading commercial property brokers, based in Atlanta, recently negotiated the sale of Crossroads Square retail center on Blanding Blvd. at I-295 in Jacksonville, Fla.

Whitney Knoll, managing director of The East Coast Retail Investment Team at Lavista Associates and Pierce Mayson, director, negotiated the sale representing the seller, Abrams Properties, Inc. of Atlanta.

Global Fund Investments LLC, a real estate investment company headquartered in Miami Beach, acquired the 174,153 square foot power/community center. The sale represents the largest multi-tenant shopping center transaction in Jacksonville in more than three years.

“It’s always a pleasure to work with such veteran shopping center owners,” Knoll said. The sale was the third transaction Knoll has negotiated on behalf of long-time client Abrams Properties.

Over the past 36 months, Knoll has sold 35 properties in six states in the Southeast, totaling 3.3 million square feet. Property sales have generated more than $400 million in revenues.

Anchored by Floor & Decor, Office Depot, Dollar General and Harbor Freight Tools, Crossroads Square is 95 percent leased. Knoll said Lat Purser and Associates deserves some credit for the sale, as the property management firm has maintained a healthy 91+ percent occupancy at Crossroads Square retail center throughout the recession.

The purchaser assumed an existing Protective Life loan.

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For more information, contact: C. Whitney Knoll, Managing Director East Coast Retail Investment Team, Lavista Associates, Inc. 3105 Northwoods Place, Norcross, Ga. 770-729-2818; wknoll@lavista.com; Kimberly Steele, Lavista Associates, Inc. 770-729-2824; ksteele@lavista.com

About Lavista Associates, Inc.: Serving Atlanta for over 37 years, Lavista Associates, Inc. is one of metro Atlanta’s leading commercial real estate companies, representing clients in the sale and leasing of a broad spectrum of commercial, industrial, office and retail properties. The firm’s goal is excellence of service to its clients resulting in the highest value for their real estate holdings.

Congressional Candidate Paul Partyka Vows to Support Congressional Term Limits

WINTER SPRINGS - The era of professional career politicians must come to a close if America is to regain its position as the leader of the free world, says Paul Partyka, Democratic candidate for Congress in Florida’s 24th District.

“America’s greatness as a society was built on the moral integrity of its citizens, not its politicians,” Partyka said.

“Every day, we are entertained by new allegations of political misfeasance, immorality and corruption, and we have come to expect that as normal,” Partyka said. “It isn’t normal. It’s an abomination and we should not stand for it,” he said.

Term limits are a powerful tool to assure that political influence is shared by many Americans and not just a few, Partyka said. “I voted for term limits when I was a city commissioner for Winter Springs, and that is still in place today,” Partyka added.

“Most Americans I know are disgusted by the American political landscape,” Partyka said. “How can we be proud of our nation when our nation’s leaders are so ineffectual?” he said.

“Government office is a sacred privilege and a public service. Those who would use it as a power base to reward their friends and benefactors have turned their backs on the ideals that made America great,” Partyka said. “We should vote them out of office, and term limits will make it harder for their kind to influence our government in the future,” he said.
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For more information please contact: Paul P. Partyka, 407-341-0805 PaulPartykaforCongress@Gmail.com
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Paid for and approved by the Paul Partyka for Congress Committee
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NAI Realvest Negotiates Three Office Leases in East Orlando and Maitland totaling 4,409sf

ORLANDO - NAI Realvest recently negotiated three lease agreements for office space in Maitland and east Orlando totaling 4,409 square feet.

Mary Frances West, CCIM and associate Faith Thompson, negotiated a three-year lease of 1,550 square feet at 531 Versaille Drive in Maitland on behalf of the new tenant Lipose Corporation. “This start-up company specializes in medical equipment for plastic surgeons,” West said. John J. Roper Company represented the landlord 531 Versailles, LLC.

West represented Ripley’s International LLC of Orlando, the landlord for La Vina Office at Lake Nona at 9161 Narcoossee Rd. in a lease agreement with Armel Golf Solutions, Inc., a local firm who leased suite B-210 with 1,584 square feet for two years.

West also negotiated a three-year renewal on behalf the tenant, Imagination Unlimited, Inc. of Orlando, who occupies 1,275 square feet in the Laurel Building at 3504 Lake Lynda Drive off University Blvd. in the UCF area. The landlord/owner DRA CRT Orlando University Center LLC. C/O Colonial Properties Trust of Lake Mary was represented by Mike Caridi of Tower Realty Partners.

For more information contact:
Mary Frances West, CCIM, Senior Broker-Associate NAI Realvest, 407-875-9989 mwest@realvest.com; Patrick Mahoney, Chief Operating Officer NAI Realvest, 407-875-9989 pmahoney@realvest.com

About NAI Realvest: NAI Realvest, covering 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 www.nairealvest.com.

M/I Homes Opens New Phase with 35 Home Sites at Gated Wekiva Run in Apopka

ORLANDO - M/I Homes has opened a new phase with 35 home sites at Wekiva Run, a gated community of single-family homes located off Plymouth Sorrento Road in Apopka.

“M/I Homes is seeing increased demand and sales are picking up in a challenging market,” said Jeff Kaizer, vice president of sales and marketing at M/I Homes.

Wekiva Run features the Berkeley model home, which recently won a Parade of Homes First Place Award as the best model home in its price range, Kaizer said.

The 2,641 square foot, four-bedroom, three-bath Berkeley model features a flex room plus a courtyard entry garage, base-priced from $254,990.

Wekiva Run boasts large, heavily-wooded homesites for privacy, a community park, and is in close proximity of the 429 and 414 Western Expressways.

For media information contact: Jeff Kaizer, MIRM, MCSP, VP of Sales & Marketing, M/I Homes, 407-531-5121; Tim Hall, Division President, M/I Homes Central Florida, 407-531-5100

About M/I Homes: M/I Homes (NYSE: MHO), based in Columbus, Ohio, has built and sold more than 78,000 new homes since 1976 and ranks as one of America’s most active homebuilders. M/I Homes builds single-family homes and town homes in Orange, Seminole and Lake Counties, and won the prestigious Grand Award in the Central Florida Parade of Homes four times within five years. To learn more, visit www.mihomes.com.