Monday, August 15, 2011

Stirling Sotheby’s International Realty sells 34 home sites at Bella Foresta in Seminole County

ORLANDO, Fla. --- Stirling Sotheby’s International Realty reports it recently brokered the sale of 34 one acre luxury home sites at Bella Foresta, located on SR 46 in North Seminole County.

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty said John Kurtz, associate for Stirling Sotheby’s represented the seller, Bradford Development Corp. based in Winter Garden.

The buyer — Taylor Morrison of Florida, Inc., who’s one of the best known home builders in Central Florida – paid $3,178,000 for the sites.

“Bella Foresta is a well-developed luxury community with a total of 54 one acre home sites,” Soderstrom said.

“The property is heavily treed, and the community’s Spanish Mediterranean architectural style is very striking,” he added.

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, new home communities, commercial and investment properties, in addition to supporting builders, developers, lenders, and asset managers. The company operates two performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.

Rhodes+Brito Architects Earn Continuing Service Contract with City of Groveland

ORLANDO, Fla., --- Rhodes+Brito Architects based in Orlando was recently awarded a continuing services contract to provide architectural services for the City of Groveland.

Ruffin Rhodes, co-founder and partner at Rhodes+Brito Architects, said the continuing services contract enables the City of Groveland to initiate small architectural projects valued at under $2 million.

Rhodes+Brito Architects is a full-service architectural firm that opened its offices in downtown Orlando in 1996 to specialize in design of public facilities, including schools, airports and courthouses.


Mattamy Homes Starts Construction at the Reserve at Loch Lake in Lake Mary Area, New Model Town Homes set to open in November

ORLANDO, Fla. --- Mattamy Homes has started construction of the first town homes at the Reserve at Loch Lake, located off Lake Mary Blvd. on Sterling Pine Street (approximately two miles east of I-4).

Steve Parker, president of Mattamy Homes U.S. Group, the U.S. division of Canada’s largest homebuilder, said the first model townhomes at the Reserve at Loch Lake will open in early November.

Mattamy plans to build 113 new three bedroom townhomes at the Reserve at Loch Lake that will range in size from 1,500 square feet of living space to 1,800 square feet, priced from the mid $100s, Parker said.

About Mattamy Homes U.S. Group
Mattamy Homes www.mattamyhomes.com expanded into the U.S. in 2003 and is headquartered in Winter Park, Fla. with divisions in Orlando, Jacksonville Phoenix, Minneapolis and Charlotte. The homebuilder, the largest and most active in Canada with annual revenues exceeding $1.3 billion was ranked among the highest of all homebuilders in the greater Toronto and Ottawa areas in a nationwide customer satisfaction survey conducted by J.D. Power Associates.

Mercantile Capital Corporation Provides Commercial Real Estate Loan in Longwood worth over $695,000

Altamonte Springs, Fla. – Mercantile Capital Corporation, which ranks as one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, recently closed a commercial loan for Metal Essence, Inc. for $695,250 in total project costs.

Metal Essence, Inc. is a precision metal and plastics fabricator that specializes in high-quality close-tolerance machining for the electronics, military, telecommunications and medical industries.

“We are excited about our new location and the opportunity it presents to expand our business,” said co-owner, Yvonne Stimac. “Thanks to Mercantile Capital Corp., we are putting money back into our company instead of throwing it away in rent payments.”

The SmartChoice Commercial Loan Program gives owners of small to mid-sized businesses like Metal Essence, Inc. an opportunity to create wealth and financial freedom. SmartChoice Commercial Loans, also known as SBA 504 loans, allow borrowers like Alfredo and Yvonne Stimac to own their commercial property with the highest cash-on-cash return financing available, without tying up their precious capital, so they can grow even faster.

For more information, visit www.TheSmartChoiceLoan.com and www.504Blog.com.


Former Mayor Richard T. Crotty, Crossman & Company President John Crossman to Headline Panel Discussion at ICSC Florida Conference Aug. 21-23

ORLANDO, Fla., -- John Crossman, president of Crossman & Company in Orlando, will head a panel discussion on the Florida economy during the International Council of Shopping Centers 2011 Florida Conference at the Gaylord Palms Resort in Kissimmee Aug. 21-23.

Crossman, a frequent speaker at national conferences, said panelists include former Orange County Mayor Richard T. Crotty, executive vice president of Crossman & Company; Suk Singh, senior vice president of chief development officer at Darden Restaurants, Kieran Quinn, managing director at Guggenheim Partners and Tim Becker, director of the Kelley A. Bergstrom Center for Real Estate Studies at the University of Florida.

Crossman said the panel will discuss a wide range of topics including a review of the Florida marketplace over the last 12 months and forecast of the upcoming 12 months.

“We plan to focus on the economy, retail trends, occupancy and rental rate trends, expanding retailers, and project updates,” Crossman said.

Crossman’s panel will be held at 8 a.m. Monday Aug. 22

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.

Beazer Homes Opens Five Ready-To-Move-In Single Family Homes at Sawgrass in South Orlando

ORLANDO, Fla. --- Beazer Homes recently opened five ready-to-move-in single family homes at Sawgrass, located on Sawgrass Plantation Blvd. between Landstar Blvd. and Weatherbee Rd. in south Orlando.

TheresaTilton, vice president of sales and marketing for Beazer homes in Orlando, said new two, three, and four-bedroom single family homes at Sawgrass, range in size from 1,402 square feet of living space to 2,056 square feet.

New one and two story homes at Sawgrass are priced from the $150s.

All new Beazer homes at Sawgrass feature eSMART energy-saving engineering with programmable thermostats, cost-saving CFL light bulbs, water-saving Moen low flow shower heads and faucets, MERV 8 air filters, and low VOC paints and carpets.