ORLANDO, Fla. --- Celebration Golf Management has promoted Jason Guerra to golf event manager at Stoneybrook West Golf Club in Winter Garden.
Gene Garrote, president of Celebration Golf Management, said Guerra joined Celebration Golf Management in 2010 and worked in the golf pro shop at Stoneybrook West.
“Jason Guerra has demonstrated his ability to improve the level of service and efficiency in all areas, to develop and execute creative revenue generating programs, and he is an outstanding leader and role model,” said Mark Bearss, general manager at Stoneybrook West.
Bearss added that Guerra will continue to head the merchandising efforts at Stoneybrook.
“We are looking forward to all the new and exciting aspects that he will bring to his new role,” Bearss said.
Tuesday, October 18, 2011
Mercantile Capital Corporation Provides Commercial Real Estate Loan in Clermont Worth over $2.3 Million
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, closed a commercial loan for Florida Fast Lubes, Inc. d/b/a Valvoline Instant Oil Change, recently for $2,395,000 in total project costs.
In 2003 Bob Ladas opened his first quick oil change automotive service facility in Massachusetts. Currently Ladas owns and operates 11 Valvoline Instant Oil Change locations, including several in Florida. Valvoline Instant Oil Change centers offer a full array of preventative services to help keep cars running at a peak performance.
“Mercantile Capital Corporation made the loan process effortless, and I look forward to possibly working with them again in the future,” said Ladas.
The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, have an opportunity to create wealth and financial freedom. Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers to own their commercial property with the highest cash-on-cash return financing available, without tying up capital so they can grow even faster.
For more information, visit www.TheSmartChoiceLoan.com and www.504Blog.com.
In 2003 Bob Ladas opened his first quick oil change automotive service facility in Massachusetts. Currently Ladas owns and operates 11 Valvoline Instant Oil Change locations, including several in Florida. Valvoline Instant Oil Change centers offer a full array of preventative services to help keep cars running at a peak performance.
“Mercantile Capital Corporation made the loan process effortless, and I look forward to possibly working with them again in the future,” said Ladas.
The SmartChoice Commercial Loan Program helps owners of small to mid-sized businesses, have an opportunity to create wealth and financial freedom. Their specialization in SmartChoice Commercial Loans, also known as SBA 504 loans, allows borrowers to own their commercial property with the highest cash-on-cash return financing available, without tying up capital so they can grow even faster.
For more information, visit www.TheSmartChoiceLoan.com and www.504Blog.com.
Cuhaci & Peterson Architects Helping the Handicap
ORLANDO, Fla. --- Cuhaci & Peterson Architects, based in Orlando’s Baldwin Park, recently completed the design of five residential handicap ramps valued at $25,000 for the Center for Independent Living of Central Florida (CIL).
All five homes are located in the Orlando region.
Lonnie Peterson, chairman of Cuhaci & Peterson Architects, LLC said this is the third time the firm has donated design work to the Center for Independent Living.
All five homes are located in the Orlando region.
Lonnie Peterson, chairman of Cuhaci & Peterson Architects, LLC said this is the third time the firm has donated design work to the Center for Independent Living.
Port Orange Personal-Injury Law Firm to Sponsor “Grub Ride” to Collect Holiday Food for the Area’s Hungry
PORT ORANGE – The Port Orange-based law firm of Rue & Ziffra is starting early to spread the word about the “Volusia County Grub Ride,” a Dec. 3rd charity motorcycle run that will collect holiday food for the Children’s Home Society and Second Harvest Food Bank of Central Florida.
Riders of motorcycles, trikes and side cars will compete in three categories after bringing in as much donated food as possible to the drop-off point at the Rue & Ziffra parking lot at 640 Dunlawton Ave., Port Orange, according to David Sweat√, partner of the longtime personal-injury law firm.
“Along with our fellow sponsors – Thunder Roads Magazine and First Turn Steakhouse – we’re encouraging bikers to sign up early to participate and ride with Santa to help those in need,” Sweat said. The cost is $10 per person or a donation of non-perishable food.
In addition to the three $100 prizes that will be awarded for the most pounds of food collected, the event also will feature raffles for a two-day / three-night getaway at a four-star resort in Cocoa Beach, and a variety of gift baskets donated by local businesses, as well as live bands, food and beverages, and giveaways, he said.
Registration – which starts at the Rue & Ziffra law office parking lot – will begin at 10 a.m. with kickstands up at 10:45 a.m. The run will take riders on a scenic tour through Volusia County before ending at the First Turn Restaurant at 5236 S. Ridgewood Ave. in Port Orange (32127).
Sweat said food and cash donations from non-riders also are welcomed.
“We’d like to help as many families as we can,” he said. “You can’t enjoy the holidays if you’re hungry.”
For more information or to register, call 386-788-7700 or go to www.rueziffra.com/volusia-county-grub-run.
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 25 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, DeLand and Palm Coast. For more information, visit www.rueziffra.com.
Riders of motorcycles, trikes and side cars will compete in three categories after bringing in as much donated food as possible to the drop-off point at the Rue & Ziffra parking lot at 640 Dunlawton Ave., Port Orange, according to David Sweat√, partner of the longtime personal-injury law firm.
“Along with our fellow sponsors – Thunder Roads Magazine and First Turn Steakhouse – we’re encouraging bikers to sign up early to participate and ride with Santa to help those in need,” Sweat said. The cost is $10 per person or a donation of non-perishable food.
In addition to the three $100 prizes that will be awarded for the most pounds of food collected, the event also will feature raffles for a two-day / three-night getaway at a four-star resort in Cocoa Beach, and a variety of gift baskets donated by local businesses, as well as live bands, food and beverages, and giveaways, he said.
Registration – which starts at the Rue & Ziffra law office parking lot – will begin at 10 a.m. with kickstands up at 10:45 a.m. The run will take riders on a scenic tour through Volusia County before ending at the First Turn Restaurant at 5236 S. Ridgewood Ave. in Port Orange (32127).
Sweat said food and cash donations from non-riders also are welcomed.
“We’d like to help as many families as we can,” he said. “You can’t enjoy the holidays if you’re hungry.”
For more information or to register, call 386-788-7700 or go to www.rueziffra.com/volusia-county-grub-run.
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 25 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, DeLand and Palm Coast. For more information, visit www.rueziffra.com.
Celebration Golf Management Announces Winners of Annual Dick Rianhard Golf Classic at Golden Bear Club in Windermere
Windermere, Fla. --- Celebration Golf Management recently hosted the annual Dick Rianhard Golf Classic at Golden Bear Club in Windermere to benefit the American Cancer Society.
Gene Garrote, president of Celebration Golf Management, said the Dick Rianhard Golf Classic honors the memory of Dick Rianhard, a longtime starter at Celebration Golf Club in Osceola County.
Golfers Chris Russell, Juan Perez, David Evangelista and Lee Williamson turned in the winning score in the shotgun scramble.
Gene Garrote, president of Celebration Golf Management, said the Dick Rianhard Golf Classic honors the memory of Dick Rianhard, a longtime starter at Celebration Golf Club in Osceola County.
Golfers Chris Russell, Juan Perez, David Evangelista and Lee Williamson turned in the winning score in the shotgun scramble.
Lennar Names Carlos Silva, Susan Smithers New Home Sales Counselors in Tampa Bay Region
TAMPA, Fla. --- Lennar has appointed Carlos Silva and Susan Smithers new home sales counselors in the Tampa Bay region.
Mark Metheny, president of Lennar’s Central Florida Division, said Silva has more than six years of experience and will sell homes at Bahia Lakes in Ruskin.
Smithers, who has more than seven years of residential real estate sales experience, will sell homes at Tampa Bay Golf & Country Club in San Antonio in Pasco County.
Mark Metheny, president of Lennar’s Central Florida Division, said Silva has more than six years of experience and will sell homes at Bahia Lakes in Ruskin.
Smithers, who has more than seven years of residential real estate sales experience, will sell homes at Tampa Bay Golf & Country Club in San Antonio in Pasco County.
ICI Homes to host Grand Opening Nov. 12-13 to showcase new model homes at Plantation Bay, Breakaway Trails, Wild Oaks at Grand Haven
DAYTONA BEACH, Fla. --- ICI Homes will host a grand opening to showcase model homes at Westlake Preserve at Plantation Bay and Breakaway Trails in Ormond Beach and Wild Oaks at Grand Haven in Palm Coast on Saturday and Sunday Nov. 12-13.
Rosemary Messina, vice president of sales and marketing at ICI Homes, said all the luxury new home designs in the three communities are customizable.
The homes builder and community developer plans to showcase the Hamilton model home at Westlake Preserve at Plantation Bay. With three bedrooms and two baths in 2,309 square feet of living space and a two-car garage, the Hamilton model home is priced from $259,225.
At Breakaway Trails, located off Timber Creek Rd. and S.R. 40 in Ormond Beach, ICI Homes will unveil the Pimlico model home with four bedrooms and three baths and double bonus rooms in 3,679 square feet of living space with a two-car garage, base priced at $439,900.
Messina said 53 home sites remain for sale at Breakaway Trails and new customizable single-family homes there are priced from the mid $200s.
At Wild Oaks in Grand Haven ICI Homes will showcase the Egret II model home with three bedrooms and three baths plus a study in 2,959 square feet of living space with a three-car garage.
Homes will be opened from 9:30 a.m. to 5:30 p.m. on Saturday and 12:30 to 5:30 p.m. on Sunday.
About ICI Homes
ICI Homes is ranked by Builder magazine as one of the top 100 homebuilders in the nation. The 30+-year-old firm builds new homes and resort facilities in the Volusia-Flagler region as well as in Jacksonville, Orlando, Melbourne and Tampa.
Rosemary Messina, vice president of sales and marketing at ICI Homes, said all the luxury new home designs in the three communities are customizable.
The homes builder and community developer plans to showcase the Hamilton model home at Westlake Preserve at Plantation Bay. With three bedrooms and two baths in 2,309 square feet of living space and a two-car garage, the Hamilton model home is priced from $259,225.
At Breakaway Trails, located off Timber Creek Rd. and S.R. 40 in Ormond Beach, ICI Homes will unveil the Pimlico model home with four bedrooms and three baths and double bonus rooms in 3,679 square feet of living space with a two-car garage, base priced at $439,900.
Messina said 53 home sites remain for sale at Breakaway Trails and new customizable single-family homes there are priced from the mid $200s.
At Wild Oaks in Grand Haven ICI Homes will showcase the Egret II model home with three bedrooms and three baths plus a study in 2,959 square feet of living space with a three-car garage.
Homes will be opened from 9:30 a.m. to 5:30 p.m. on Saturday and 12:30 to 5:30 p.m. on Sunday.
About ICI Homes
ICI Homes is ranked by Builder magazine as one of the top 100 homebuilders in the nation. The 30+-year-old firm builds new homes and resort facilities in the Volusia-Flagler region as well as in Jacksonville, Orlando, Melbourne and Tampa.
Tolaris Realty Group key host at real estate seminar quarterly, next one scheduled in January
SANFORD, Fla. –Tolaris Realty Group, along with SunTrust Bank and IFREC (Institute of Florida Real Estate Careers, Inc.) hosted more than 25 people recently at a free seminar on real estate careers at a Sun Trust Bank office in Maitland.
One participant even contacted Tolaris Realty Group from Brazil.
Richard Bavec, who heads Tolaris Realty Group, said he was delighted with the turnout and now plans to offer the seminar four times a year.
The next seminar, according to Bavec, will be in January.
Kevin Strickland at SunTrust Mortgage and James Lowe, senior instructor with IFREC in Orlando participated in the recent seminar.
Bavec, a licensed Florida real estate broker whose experience includes managing real estate sales that total more than $500 million, has trained more than 100 realtors.
“Central Florida real estate is recovering and now is the time to get into the field as a professional,” Bavec said.
“We want to help people who have been considering a real estate career,” Bavec said.
One participant even contacted Tolaris Realty Group from Brazil.
Richard Bavec, who heads Tolaris Realty Group, said he was delighted with the turnout and now plans to offer the seminar four times a year.
The next seminar, according to Bavec, will be in January.
Kevin Strickland at SunTrust Mortgage and James Lowe, senior instructor with IFREC in Orlando participated in the recent seminar.
Bavec, a licensed Florida real estate broker whose experience includes managing real estate sales that total more than $500 million, has trained more than 100 realtors.
“Central Florida real estate is recovering and now is the time to get into the field as a professional,” Bavec said.
“We want to help people who have been considering a real estate career,” Bavec said.
Ryland Homes is moving into St. Petersburg region with its Palm Series of homes at Bayou Cove off Belcher Rd.
TAMPA, Fla. --- Ryland Homes plans to enter the St. Petersburg home market in a big way acquiring 22 home sites at Bayou Cove located off Belcher Rd. across from the Bayou Club.
Tony Crimi, vice president of sales and marketing for Ryland Homes in the Tampa Bay region, said Ryland will be introducing the Palm Series of single family homes with three and four bedroom designs ranging from 2,200 square feet of living area to 3,500 square feet.
“We’ve gotten a lot of interest already in this community,” Crimi said.
“We’re planning the opening of sales for early 2012 and construction of a new model home – the Siesta with 3,320 square feet of living area – is underway,” he said.
About Ryland Homes
With headquarters in Southern California, Ryland is one of the nation’s largest homebuilders and a leading mortgage-finance company. The company currently operates in 28 markets across the country and has built more than 285,000 homes and financed more than 235,000 mortgages since its founding in 1967. Ryland is listed on the New York Stock Exchange under the symbol “RYL.”
Tony Crimi, vice president of sales and marketing for Ryland Homes in the Tampa Bay region, said Ryland will be introducing the Palm Series of single family homes with three and four bedroom designs ranging from 2,200 square feet of living area to 3,500 square feet.
“We’ve gotten a lot of interest already in this community,” Crimi said.
“We’re planning the opening of sales for early 2012 and construction of a new model home – the Siesta with 3,320 square feet of living area – is underway,” he said.
About Ryland Homes
With headquarters in Southern California, Ryland is one of the nation’s largest homebuilders and a leading mortgage-finance company. The company currently operates in 28 markets across the country and has built more than 285,000 homes and financed more than 235,000 mortgages since its founding in 1967. Ryland is listed on the New York Stock Exchange under the symbol “RYL.”
NAI Realvest Negotiates Industrial Lease Renewals for more than 16,903 Square Feet
ORLANDO, Fla. – NAI Realvest recently negotiated two renewal leases for industrial space totaling 16,903 square feet at commerce centers in Lake Mary and Orlando.
Michael Heidrich, principal at NAI Realvest, negotiated both transactions representing the landlords.
At Lake Mary Business Center, 1150 Emma Oaks Trail, Heidrich represented the landlord, Dalfen America Corporation of Westmount, Quebec in a renewal agreement with Fort Lauderdale-based HornerXpress-Central Florida, Inc., who renewed its lease of 12,903 square feet in suite 130 at the center.
Heidrich also represented the landlord COP-Hanging Moss, LLC of Maitland in a renewal lease agreement with Florida Home Medical Equipment, Inc. who renewed its lease of suites 540-550 with 4,000 square feet in the Hanging Moss CommerCenter at 6100 Hanging Moss Rd.
About NAI Realvest:
NAI Realvest in Orlando, 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 350 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.
Michael Heidrich, principal at NAI Realvest, negotiated both transactions representing the landlords.
At Lake Mary Business Center, 1150 Emma Oaks Trail, Heidrich represented the landlord, Dalfen America Corporation of Westmount, Quebec in a renewal agreement with Fort Lauderdale-based HornerXpress-Central Florida, Inc., who renewed its lease of 12,903 square feet in suite 130 at the center.
Heidrich also represented the landlord COP-Hanging Moss, LLC of Maitland in a renewal lease agreement with Florida Home Medical Equipment, Inc. who renewed its lease of suites 540-550 with 4,000 square feet in the Hanging Moss CommerCenter at 6100 Hanging Moss Rd.
About NAI Realvest:
NAI Realvest in Orlando, 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 350 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.
NAI Realvest negotiates new Lease of 10,000 Square Feet in Oviedo for Trucking Simulation Firm
MAITLAND, Fla. – NAI Realvest recently negotiated a new lease agreement for 10,000 square feet at 522 S. Econ Circle in Oviedo that will be home to FAAC, Inc. a trucking simulation firm expanding to the Alafaya Trail high tech corridor.
Paul P. Partyka, managing partner at NAI Realvest, negotiated the transaction representing the landlord Oviedo-based M&O L.P.
Paul Kelly of Coughlin Commercial represented the Michigan-based tenant that services the military, public safety and airports.
About NAI Realvest
NAI Realvest, serving 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 through NAI Global, an international commercial real estate network with over 350 offices spanning the globe. Since 1978, clients have built their 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.
Paul P. Partyka, managing partner at NAI Realvest, negotiated the transaction representing the landlord Oviedo-based M&O L.P.
Paul Kelly of Coughlin Commercial represented the Michigan-based tenant that services the military, public safety and airports.
About NAI Realvest
NAI Realvest, serving 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 through NAI Global, an international commercial real estate network with over 350 offices spanning the globe. Since 1978, clients have built their 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.
Pulte Homes Starts Townhome Construction Boom in Five Jacksonville Communities, Vizcaya near Jacksonville Beach is First
JACKSONVILLE, Fla. --- Pulte Homes is starting a townhome construction boom in five Jacksonville area communities, and Vizcaya, located off Hodges Blvd. and J. Turner Butler Blvd. four miles from Jacksonville Beach, is the first to start.
Sean Strickler, vice president of sales for Pulte’s North Florida Division, said the homebuilder has started construction of 12 new townhomes at Vizcaya and plans to start construction of six more in December.
Strickler said six town homes at Vizcaya will open in January, six more in February, and six more in April.
“The prime Vizcaya location, just four miles from the ocean, and the low maintenance living are big reasons behind the success of the community,” Strickler added.
New three-bedroom townhomes at Vizcaya are priced from the low $200s and range in size from 1,718 square feet of living space to 2,369 square feet with two-and-a-half baths and two-car garages.
Ultimately, Pulte Homes plans to build 254 town homes at Vizcaya, Strickler said, and residents can enjoy the community swimming pool and clubhouse with fitness center.
Strickler said Pulte is constructing over 40 new townhomes at each of four more Jacksonville-area communities within next six months.
About Pulte Homes
Award-winning Pulte Homes communities are designed to deliver the best quality of life for home owners. By combining innovative life-enhancing designs, an unwavering commitment to quality and attention to detail, Pulte Homes is the nation’s premier home brand for upwardly mobile home buyers in 26 states and the District of Columbia. As the most awarded homebuilder in customer satisfaction, Pulte Homes has ranked tops in the annual JD Power and Associates® New-Home Builder Customer Satisfaction Studysm more than 75 times since 2000. For more information about Pulte Homes, visit www.pultehomes.com.
About PulteGroup
PulteGroup, Inc. (NYSE: PHM), based in Bloomfield Hills, Mich., is one of America’s largest home building companies with operations in approximately 60 markets throughout the country. Through its brand portfolio that includes Centex, Pulte Homes and Del Webb, the company is one of the industry’s most versatile homebuilders able to meet the needs of multiple buyer segments and respond to changing consumer demand. PulteGroup conducts extensive research to provide home buyers with innovative solutions and new homes designed for the way people actually live today. As the most awarded home builder in customer satisfaction, PulteGroup brands have consistently ranked among top home builders in third-party customer satisfaction studies. For more information about PulteGroup, Inc. and PulteGroup brands, see pultegroup.com; www.pulte.com; www.centex.com; www.delwebb.com
Sean Strickler, vice president of sales for Pulte’s North Florida Division, said the homebuilder has started construction of 12 new townhomes at Vizcaya and plans to start construction of six more in December.
Strickler said six town homes at Vizcaya will open in January, six more in February, and six more in April.
“The prime Vizcaya location, just four miles from the ocean, and the low maintenance living are big reasons behind the success of the community,” Strickler added.
New three-bedroom townhomes at Vizcaya are priced from the low $200s and range in size from 1,718 square feet of living space to 2,369 square feet with two-and-a-half baths and two-car garages.
Ultimately, Pulte Homes plans to build 254 town homes at Vizcaya, Strickler said, and residents can enjoy the community swimming pool and clubhouse with fitness center.
Strickler said Pulte is constructing over 40 new townhomes at each of four more Jacksonville-area communities within next six months.
About Pulte Homes
Award-winning Pulte Homes communities are designed to deliver the best quality of life for home owners. By combining innovative life-enhancing designs, an unwavering commitment to quality and attention to detail, Pulte Homes is the nation’s premier home brand for upwardly mobile home buyers in 26 states and the District of Columbia. As the most awarded homebuilder in customer satisfaction, Pulte Homes has ranked tops in the annual JD Power and Associates® New-Home Builder Customer Satisfaction Studysm more than 75 times since 2000. For more information about Pulte Homes, visit www.pultehomes.com.
About PulteGroup
PulteGroup, Inc. (NYSE: PHM), based in Bloomfield Hills, Mich., is one of America’s largest home building companies with operations in approximately 60 markets throughout the country. Through its brand portfolio that includes Centex, Pulte Homes and Del Webb, the company is one of the industry’s most versatile homebuilders able to meet the needs of multiple buyer segments and respond to changing consumer demand. PulteGroup conducts extensive research to provide home buyers with innovative solutions and new homes designed for the way people actually live today. As the most awarded home builder in customer satisfaction, PulteGroup brands have consistently ranked among top home builders in third-party customer satisfaction studies. For more information about PulteGroup, Inc. and PulteGroup brands, see pultegroup.com; www.pulte.com; www.centex.com; www.delwebb.com
Angel Investors Pave the Way to Local Economic Growth, Central Florida Could Benefit too, says Maximize Angel Investments Chief Executive Officer
ORLANDO, Fla. --- All across America, Angel Investors are betting millions of dollars that local start up companies can lead the U.S. economy out of recession to growth, jobs and profits.
Ohio Tech Angels in Columbus has 282 investor members who are scouring the region for promising start up enterprises requiring $1 million to $2 million to get off the ground. In Southern California, the Tech Coast Angels invested more than $20 million over the past two years. The Band of Angels in California’s Silicon Valley has invested more than $200 million to date. Mid-America Angels in Lawrence, Kansas invested more than $8 million over the past five years from a mere 44 members.
If William De Temple has his way, Central Florida will play a leading role in that economic resurgence.
“We are the newest kids at the party and we have a fertile field of fresh young start up enterprises here in Central Florida to choose from,” De Temple said.
His Maximize Angel Investments of Central Florida, Inc. has already recruited some 22 investors, each of whom has agreed to commit at least $50,000 annually to fund promising startups.
De Temple is hard at work recruiting more investors, and he hopes to announce the first allocations of Angel capital as soon as next year.
On Nov. 9, Maximize Angel Investments is bringing angel investment guru David Berkus to a seminar at the Grand Bohemian Hotel in Downtown Orlando to school potential investors in the fine points of participation.
“Angel investors are a different breed,” De Temple said. “We aren’t interested in just handing over capital to companies. Angel investors play a major role in supporting the entrepreneurs they capitalize with their knowledge, experience and contacts which creates synergy in a company’s growth and development,” De Temple explained.
“Angel investors are typically expert in more than one field, and they have a great deal to offer besides startup capital,” he said.
They have definitive goals as well, De Temple explained.
The Houston Angel Network boasts a healthy four “exits” over the past two years. One “Exit” delivered Tech Coast Angel Investors more than 110 times their initial investment last year.
“The end result of our work benefits the community, but the overreaching goal of the angel investment model is to generate substantial profits and returns,” De Temple said.
De Temple said angel investors look for opportunities that will generate returns of at least 10 times their investment.
“Angel investing is fun, but we aren’t in it to have fun,” De Temple said. “This is how you rebuild a nation’s economy,” he added.
For more information about the seminar, contact Maximize Angel Investments of Central Florida, Inc., at 407-674-1925 or visit www.maxangelinvestments.com.
Ohio Tech Angels in Columbus has 282 investor members who are scouring the region for promising start up enterprises requiring $1 million to $2 million to get off the ground. In Southern California, the Tech Coast Angels invested more than $20 million over the past two years. The Band of Angels in California’s Silicon Valley has invested more than $200 million to date. Mid-America Angels in Lawrence, Kansas invested more than $8 million over the past five years from a mere 44 members.
If William De Temple has his way, Central Florida will play a leading role in that economic resurgence.
“We are the newest kids at the party and we have a fertile field of fresh young start up enterprises here in Central Florida to choose from,” De Temple said.
His Maximize Angel Investments of Central Florida, Inc. has already recruited some 22 investors, each of whom has agreed to commit at least $50,000 annually to fund promising startups.
De Temple is hard at work recruiting more investors, and he hopes to announce the first allocations of Angel capital as soon as next year.
On Nov. 9, Maximize Angel Investments is bringing angel investment guru David Berkus to a seminar at the Grand Bohemian Hotel in Downtown Orlando to school potential investors in the fine points of participation.
“Angel investors are a different breed,” De Temple said. “We aren’t interested in just handing over capital to companies. Angel investors play a major role in supporting the entrepreneurs they capitalize with their knowledge, experience and contacts which creates synergy in a company’s growth and development,” De Temple explained.
“Angel investors are typically expert in more than one field, and they have a great deal to offer besides startup capital,” he said.
They have definitive goals as well, De Temple explained.
The Houston Angel Network boasts a healthy four “exits” over the past two years. One “Exit” delivered Tech Coast Angel Investors more than 110 times their initial investment last year.
“The end result of our work benefits the community, but the overreaching goal of the angel investment model is to generate substantial profits and returns,” De Temple said.
De Temple said angel investors look for opportunities that will generate returns of at least 10 times their investment.
“Angel investing is fun, but we aren’t in it to have fun,” De Temple said. “This is how you rebuild a nation’s economy,” he added.
For more information about the seminar, contact Maximize Angel Investments of Central Florida, Inc., at 407-674-1925 or visit www.maxangelinvestments.com.
New SBA Rules that Allow SBA 504 Financing for Business Expenses Could Double Loan Volume at Mercantile Capital Corporation
ALTAMONTE SPRINGS, Fla. --- Mercantile Capital Corporation, which already ranks as one of the largest providers of U.S. Small Business Administration (SBA) 504 financing for small business owners who want to acquire or develop their own facilities, could see its loan volume double thanks to new SBA rules that allow SBA 504 financing to refinance current conventionally-financed loans and provide working capital.
“I don’t have to tell you how big a deal this is for a vast number of small business owners,” said Christopher G. Hurn, co-founder and chief executive officer of Mercantile Capital Corporation. “This is what some people might call a ‘game changer.’”
Hurn, who has actively advocated for these SBA changes for nearly eight years, said the new lending rules should have a major impact on small business growth and development.
“When thousands of small business owners across this nation are struggling with high interest rates on loans for commercial buildings and an inability to finance additional working capital, this is phenomenal,” Hurn said.
SBA 504 loans offer qualified small business owners below-market interest rates and up to 90 percent financing, considerably better terms than offered by commercial banks. Additionally, the SBA 504 loan program is considered a “zero-subsidy” government program whereby borrower fees “insure” the government guarantee on a portion of the loans.
Legislation enabling the new rules was part of the Obama Administration’s Small Business Jobs and Credit Act passed in late 2010, but the SBA only promulgated rules allowing financing of legitimate business expenses this week, Hurn said.
“I don’t have to tell you how big a deal this is for a vast number of small business owners,” said Christopher G. Hurn, co-founder and chief executive officer of Mercantile Capital Corporation. “This is what some people might call a ‘game changer.’”
Hurn, who has actively advocated for these SBA changes for nearly eight years, said the new lending rules should have a major impact on small business growth and development.
“When thousands of small business owners across this nation are struggling with high interest rates on loans for commercial buildings and an inability to finance additional working capital, this is phenomenal,” Hurn said.
SBA 504 loans offer qualified small business owners below-market interest rates and up to 90 percent financing, considerably better terms than offered by commercial banks. Additionally, the SBA 504 loan program is considered a “zero-subsidy” government program whereby borrower fees “insure” the government guarantee on a portion of the loans.
Legislation enabling the new rules was part of the Obama Administration’s Small Business Jobs and Credit Act passed in late 2010, but the SBA only promulgated rules allowing financing of legitimate business expenses this week, Hurn said.
Subscribe to:
Posts (Atom)
