Thursday, August 5, 2010

Hurricane season can cause big waves for home buyers

ORLANDO - It’s little known, but Florida’s hurricane season can cause a wave of problems for home buyers. Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty in Orlando, said. The mere approach of a hurricane can shut down a home sale quicker than you can say Katrina.

Soderstrom, whose company formed an alliance with Florida Insurance Specialists in Lake Mary to help clients buy homeowner’s insurance during the sale closing process, said insurance underwriters won’t write policies in some areas once a potential hurricane is named.

“Once a hurricane is named and its likely course is plotted, home insurance underwriters cease activity on new policies in the projected path of the hurricane,” explained Rhett Robbins of Florida Insurance specialists.

“That could delay the sale of a home for as much as a week or more,” Soderstrom said.

“There’s nothing we can do about it but it’s something we have to watch closely during storm season,” Soderstrom said.

For more information contact: 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 zones which serve all of Central Florida. Visit www.StirlingSIR.com.

Grubb & Ellis|Commercial Florida Names Patrick Kelly Executive Vice President, Managing Director

TAMPA - Grubb & EllisCommercial Florida, associated with 130 offices worldwide, has appointed Patrick Kelly executive vice president and managing director in the firm’s Tampa office.

Jeff Sweeney, SIOR, president of Grubb & EllisCommercial Florida, said Kelly is a sixth-generation Floridian who earned his B.A. Degree in Hospitality Management from Florida State University and has more than 30 years of experience in commercial real estate.

Kelly is the former president of Rubin Real Estate in Pinellas County. He was also the Florida and regional partner of Vantage Companies (VRS) – a national development and realty services company – for 18 years before selling his interest in 2000.

Sweeney said Kelly’s responsibilities will include supervision of distressed assets, recruitment, business development and productivity in the firm’s Tampa office.

“Patrick Kelly is one of the most experienced commercial real estate veterans in Florida and we expect him to play an important role in our growth,” said Sweeney.

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About Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace.

About Grubb & Ellis Company: Grubb & Ellis Company (NYSE:GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,500 professionals in more than 100 company owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.

Brand Advance Names Well-Traveled International Affairs Graduate as Account Executive

ORLANDO – Brand Advance, an Internet marketing and web-design business, has named Alexandra Gramatikas?a world traveler who had backpacked through 15 countries by the time she was 18 and reached the summit of Mount Kilimanjaro when she was 20?as an account executive with its marketing team.

Gramatikas, a recent Florida State University graduate, majored in international affairs and minored in business with an emphasis in marketing. During her time at FSU, the Dean’s-list student and Zeta Tau Alpha leader gained valuable experience heading up marketing efforts that helped raise more than $400,000 for the Children’s Miracle Network and $50,000 for the Susan G. Komen Breast Cancer Foundation.

Her accomplishments, which also include a Best in Show ribbon from the Maitland Art Festival and a black belt in Tae Kwon Do, are not limited to the college campus, says Brand Advance Chief Operations Officer Robert Urban.

“Alexandra’s strong will, devotion and determination knows no boundaries, as is evidenced by her numerous life experiences,” Urban said.

“Her accomplishments at such a young age–backpacking through Third-World countries, scuba diving in more than 100 of the world’s most exotic waters, and hiking through jungles to count monkeys for an Amazonian research center–are indicative of a positive attitude and a strong work ethic that can only complement Brand Advance’s free-spirited team,” he said.

Brand Advance – headed up by Chief Executive Officer David Brim – is a client company in the University of Central Florida Business Incubation Program and is based at its Orlando location at 3218 East Colonial Drive.

About Brand Advance: Brand Advance LLC is a full-service web-design, development and marketing company based in Orlando, Fla. Led by industry veterans David Brim and Robert Urban, the company’s goal is to advance brands, websites and ventures. Brand Advance has the perfect mix of talented designers and developers, as well as marketing professionals to help grow businesses. For more information, please visit www.brandadvance.net

About the UCF Business Incubation Program: Since its founding in 1999, the UCF Business Incubation Program has helped more than 140 emerging companies (including 90 current clients) create over $800 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With eight 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, The City of Sanford, Lake County, the City of Leesburg, Osceola County, the City of Kissimmee, City of St. Cloud, and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.

For more information about this release, please contact:David Brim CEO or Robert Urban COO, Brand Advance, 407-219-0031, or david@brandadvance.net, robert@brandadvance.net;Melissa Wasserman, Site Manager, UCF Business Incubation Program-Orlando, 321-281-8384, mwasserm@mail.ucf.edu; Charlene Hager-Van Dyke, Larry Vershel Communications, 386-532-8862 or 407-644-4142; chagervandyke@yahoo.com

Stirling Commercial Group Negotiates Sale of 6,727 Square Foot Downtown Orlando Office Condominium, Exclusive Leasing Agreement

ORLANDO - Stirling Sotheby’s International Realty’s Commercial Group recently negotiated the sale of a 6,727 square foot office condominium on the 11th floor of The Plaza building on Orange Avenue and Church Street in downtown Orlando.

Stirling Commercial Group associates John Kurtz and James Mincy negotiated the sale representing the buyer, ACM DT Properties, LLC. Worldwide Auction Realty Services represented seller The Plaza, LLC.

Stirling Commercial Group was named exclusive leasing agents for the office condominium, which controls the 30,000 square foot Sky Terrace on the 11th floor of The Plaza.

“The Sky Terrace is the crown jewel of this property,” Kurtz said. “It’s a perfect space for special events, an executive club, a lounge or any number of unique uses.”

For more information, contact: James A. Mincy or John Kurtz, Sales Associate, Stirling Commercial Group 407-581-5550; Roger Soderstrom, Owner/Founder Stirling Commercial Group, 407-581-7890; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142