Tuesday, August 3, 2010

Lennar records 100th new home sale this year at Bella Terra in Estero

ESTERO - Lennar reported it has sold 100 new homes since December at Bella Terra, the country club community Lennar is developing three miles east of I-75 on Corkscrew Road in Estero.

Matt Devereaux, director of sales for Lennar’s Southwest Florida division, said Lennar recently introduced eight new floor plans at Bella Terra priced from the $160s and sales have been strong all year.

“The Bella Terra community design, packed with resort-style amenities, dramatically increased the value of the Bella Terra lifestyle and home buyers see this immediately,” Devereaux said.

New single-family homes and twin villas at Bella Terra range in size from 1,400 square feet of living space to more than 3,800 square feet priced from the $160s to more than $500,000.

Bella Terra features a 7,000 square foot community clubhouse with state-of-the-art fitness center, meeting room, club room with kitchen, children’s play area, game room, on-site management office, and southwest Florida’s largest swimming pool, a million dollar pool with waterfall and spa.

Community amenities also include basketball, tennis, sand volleyball and bocce ball courts, walking trails, and ball fields, with an in-line community skating rink and fully-equipped playground.

For more information about Bella Terra call 239-243-8699 and talk to Julie Tucci, Mark Lavenia, Gary Musselman or Nick Rigoni at Lennar’s Welcome Home Center, 21548 Belvedere Lane, Estero, FL 33928 or visit www.Lennar.com.

For more information about this news release, contact: Matt Devereaux, Director of Sales, Lennar-Southwest Florida 239-278-1177; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

Kolter Homes Starts Third Phase at Grande Oaks at Heathrow with Discounted Pricing and Home Buyer Incentives

LAKE MARY - Kolter Homes has started sales of the third phase at Grande Oaks at Heathrow, the luxury gated townhome community located off H.E. Thomas Jr. Parkway and Orange Blvd. in Lake Mary.

Steve Bovio, senior project manager at Grande Oaks at Heathrow, said Kolter Homes recently reduced prices on luxury townhomes and is now offering many homebuyer incentives.

Three and four-bedroom town homes at Grande Oaks at Heathrow priced from the low $200s range in size from 1,857 square feet of living space to 2,387 square feet.

Bovio said Kolter Homes recently completed 19 ready-to-move-in town homes at Grande Oaks at Heathrow.

Grande Oaks at Heathrow (www.KolterGrandeOaks.com) features its own private lakefront recreation center with fitness area, meeting room, kitchen, swimming pool and spa with deck area.

The 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. Parkway (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.com; Steven 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.

Stirling Sotheby’s International Realty Sees Increase in Luxury Home Sales at Lake Forest in North Seminole

ORLANDO - Stirling Sotheby’s International Realty reports that sales of luxury homes in Lake Forest in north Seminole County have been increasing at a steady clip.

Stirling Sotheby’s International Realty Associates Sally Andy and David Warren, who focus on the luxury community located off SR 46, said 17 luxury homes have sold at Lake Forest during the first six months of 2010 at an average sale price of $397,000. (View market stats at http://www.stirlingsir.com/video/uneek/Postcards/Lake%20Forest/Lake%20Forest%20Powerkard.pdf).

Only 10 homes sold at Lake Forest in the same period of 2009.

Since January of this year, 33 homes at Lake Forest have been listed for sale and almost a third of them — nine sales — are currently pending, Andy said.

Warren said the highest sale price for the first half of this year was $683,616 compared to the $1,040,000 highest sale reported at Lake Forest in 2009.

“In 2009 the average Lake Forest asking price listed was $499,145. Today, the average asking price is $480,170, only a small variation,” he said.

The difference between the average asking price and the average sale price is approximately 4 percent, Warren said.

“There’s been a big increase in the number of visitors touring the community and the sales speak for themselves,” said Andy and Warren. “There may be a little room for negotiation, but Lake Forest pricing is pretty stable, and asking prices are pretty realistic,” they added.

For more information contact: Sally Andy or David Warren, Stirling Sotheby’s International Realty, (Sally: 407-687-7295, sally@sallyandy.com )(David: 407-928-3760, david@sallyandy.com); Roger Soderstrom, Owner/Founder Stirling Sotheby’s International Realty, 407-581-7890; 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 three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.

Dr. Phillips Center for the Performing Arts is critical link in Downtown Orlando resurgence, John Crossman says

ORLANDO - The Dr. Phillips Center for the Performing Arts is one of Orlando’s “Big Three” projects to redevelop the downtown district. The new Amway Center is set to open in October and work to renovate the Citrus Bowl is scheduled. The open parking lot across from City Hall where the Center for Performing Arts will be located is now fenced off with construction to commence shortly, said John Crossman, CCIM, president of Crossman & Company, the Orlando firm that ranks as one of the largest third-party retail leasing and management firms in the Southeast.

Crossman recently moderated a panel discussion at Embassy Suites Hotel on Pine Street in downtown Orlando to discuss the Dr. Phillips Center for Performing Arts and the future of downtown Orlando. Speakers included Davon Barbour, assistant director of the Downtown Development Board/Community Redevelopment Agency, Alexis Jackson, vice president of communications for the Dr. Phillips Center and Walter O’Shea, vice president of development for Hines.

“Sports facilities are important as business generators, and the Orlando region will turn out to support our sports teams,” Crossman told the group. “But long-term, the educational, community and cultural growth that will emanate from the Dr. Phillips Center for the Performing Arts will result in more cultural and educational enrichment and greater long-term benefits,” Crossman said.

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For more information please contact: John Crossman, CCIM, President, Crossman & Company, 407-581-6218; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

About Crossman & Company:
Headquartered in Orlando, Florida, Crossman & Company is a commercial real estate brokerage firm that specializes in the retail industry. Currently their portfolio under leasing and/or management exceeds 150 shopping centers throughout the Southeast US. Founded in 1990, Crossman & Company focuses solely on landlord representation and serves clients including Publix, PREIT, and GE. Please visit www.crossmanco.com, or call 407-423-5400 for more information.