ORLANDO, Fla. --- Stirling Sotheby’s International Realty in Orlando is marketing a $1.2 million Leesburg estate for sale at an asking price of only $499,000.
“Definitely a bargain,” says Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, who added that the five-acre estate home, which overlooks Lake Griffin at 7952 Treasure Island Rd., was first offered for sale at $1.2 million.
Stirling Sotheby’s International Luxury Home Specialist Lynn Edwards, who listed the estate home for sale, said the artist inspired and designed home offers such unique features as a floor-to-ceiling stone gas fireplace in the living room and master bedroom, walk-out sliding glass doors from the living room to a second level master suite with a large screened balcony that has its own hot tub overlooking the lake.
The eat-in kitchen with luxury appliances including a gas stove, oversized refrigerator and wine bar, boasts a cast pewter and granite island that was designed and built by the artist who inspired the home.
The luxury home also offers a room that doubles as a breakfast nook and an1,800 square foot art studio that connects to the main house by a screened and covered breezeway. Private guest quarters in the home include a private bath.
To view a video of the property go to http://tours.vht.com/Viewer/Video.aspx?ListingID=50690502&Style=SIR .
Thursday, April 19, 2012
Only One Luxury Town Home Remains for Sale at Savannah Park at Heathrow by Ashton Woods Homes
LAKE MARY, Fla. --- Only one town home remains for sale at Savannah Park at Heathrow, the gated luxury town home community Ashton Woods Homes has built off International Parkway just north of Heathrow in Seminole County.
Michael Roche, vice president of sales and marketing at Ashton Woods Homes, said the 1,941 square foot three-bedroom Mediterranean-inspired town home offers two-and-a-half baths and two-car garage is priced from $199,990
Each townhome at Savannah Park at Heathrow comes with its own private courtyard, Roche said.
Savannah Park at Heathrow features a community swimming pool and a clubhouse.
Ashton Woods Homes, headquartered in Atlanta, is one of the nation’s largest private homebuilding companies with operations in growth communities in Atlanta, Austin, Dallas, Houston, Killeen, Orlando, Phoenix, San Antonio, Raleigh and Tampa. For more information, visit http://www.ashtonwoods.com .
Michael Roche, vice president of sales and marketing at Ashton Woods Homes, said the 1,941 square foot three-bedroom Mediterranean-inspired town home offers two-and-a-half baths and two-car garage is priced from $199,990
Each townhome at Savannah Park at Heathrow comes with its own private courtyard, Roche said.
Savannah Park at Heathrow features a community swimming pool and a clubhouse.
Ashton Woods Homes, headquartered in Atlanta, is one of the nation’s largest private homebuilding companies with operations in growth communities in Atlanta, Austin, Dallas, Houston, Killeen, Orlando, Phoenix, San Antonio, Raleigh and Tampa. For more information, visit http://www.ashtonwoods.com .
Lennar’s Central Florida Division to Host Grand Opening April 28 at Hawks Point in Ruskin
TAMPA, Fla. --- Lennar’s Central Florida Division will host a grand opening on Saturday, April 28 to showcase two new single family model homes at Hawks Point, located at 1611 Oak Pond St in Ruskin, off 19th Avenue, west of U.S. 301 in the SouthShore area of Hillsborough County.
Mark Metheny, president of Lennar’s Central Florida Division, said Lennar is building townhomes and single family homes on 40 and 50 foot home sites priced from the $120s.
The Grand Opening event from noon to 3 p.m. will feature tours of the model homes along with hamburgers, hot dogs and plenty of refreshments.
Mark Metheny, president of Lennar’s Central Florida Division, said Lennar is building townhomes and single family homes on 40 and 50 foot home sites priced from the $120s.
The Grand Opening event from noon to 3 p.m. will feature tours of the model homes along with hamburgers, hot dogs and plenty of refreshments.
Mattamy Homes Acquires 335 Home Sites in the Millennia Park Community near Mall at Millenia in Southwest Orlando
WINTER PARK, Fla. -- Mattamy Homes has acquired 335 single family home sites in Millennia Park, a new gated community located on Vineland and Conroy Roads near the Mall at Millenia in Southwest Orlando.
Steve Parker, president of Mattamy Homes US Group, the U.S. division of Canada’s largest home builder and one of the most active home builders in the Orlando market, said new three, four and five bedroom single-family homes at Millennia Park will range in size from 1,500 square feet of living space to 2,700 square feet with prices starting under $200,000.
Development of 88 homesites in Phase I at Millennia Park is complete, and the remaining 247 homes sites will be developed in future phases.
Construction of models will start during the third quarter and sales are anticipated to open at Millennia Park in the fourth quarter of this year.
About Mattamy Homes:
Mattamy Homes, www.mattamyhomes.com, expanded into the U.S. in 2003 and is headquartered in Winter Park, FL with divisions in Orlando, FL; Jacksonville, FL; Phoenix, AZ; Minneapolis, MN; and Charlotte, NC. 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.
Steve Parker, president of Mattamy Homes US Group, the U.S. division of Canada’s largest home builder and one of the most active home builders in the Orlando market, said new three, four and five bedroom single-family homes at Millennia Park will range in size from 1,500 square feet of living space to 2,700 square feet with prices starting under $200,000.
Development of 88 homesites in Phase I at Millennia Park is complete, and the remaining 247 homes sites will be developed in future phases.
Construction of models will start during the third quarter and sales are anticipated to open at Millennia Park in the fourth quarter of this year.
About Mattamy Homes:
Mattamy Homes, www.mattamyhomes.com, expanded into the U.S. in 2003 and is headquartered in Winter Park, FL with divisions in Orlando, FL; Jacksonville, FL; Phoenix, AZ; Minneapolis, MN; and Charlotte, NC. 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.
Henin Group to showcase Riviera Bella, New Model Homes during West Volusia Board of Realtors Home Show April 26 in Orange City
DEBARY, Fla. --- The Henin Group, which is developing Riviera Bella, the award-winning gated, luxury community overlooking the St. Johns River in DeBary, plans to showcase the award-winning luxury riverfront community and 14 new model homes planned there at the West Volusia Board of Realtors Home Show Thursday, April 26 in Orange City.
Jerome Henin, who heads the Henin Group, said new model homes at Riviera Bella will range in size from 1,500 square feet of living space to 4,500 square feet priced from $185,900 to more then $400,000.
Henin Signature Homes will start construction of one new model home at Riviera Bella — Turino with Bonus — within the next 30 days.
Jerome Henin, who heads the Henin Group, said new model homes at Riviera Bella will range in size from 1,500 square feet of living space to 4,500 square feet priced from $185,900 to more then $400,000.
Henin Signature Homes will start construction of one new model home at Riviera Bella — Turino with Bonus — within the next 30 days.
NAI Realvest Negotiates New Long Term Lease of 12,900 Square Feet of Industrial Space in Vineland Commerce Center
MAITLAND, Fla. – NAI Realvest recently negotiated a new seven-year lease agreement for 12,900 square feet of industrial space at 3701-3727 Vineland Rd. Suite 3271 of the Vineland Commerce Center in Orlando.
Robert Blackwell, SIOR principal at the firm, negotiated the transaction representing the tenant, Caliber Enterprises, LLC. The tenant will open a high end gun range under the name Orlando Gun Club.
The landlord is Industrial Property Realty Inc. /3701 Vineland, LLC based in Coral Springs, Fla. and was represented in the transaction by Deborah Mickler of Colliers International.
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. 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.
Robert Blackwell, SIOR principal at the firm, negotiated the transaction representing the tenant, Caliber Enterprises, LLC. The tenant will open a high end gun range under the name Orlando Gun Club.
The landlord is Industrial Property Realty Inc. /3701 Vineland, LLC based in Coral Springs, Fla. and was represented in the transaction by Deborah Mickler of Colliers International.
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. 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 Retail Lease at the Shoppes at Brantley Hall in Altamonte Springs
MAITLAND, Fla. – NAI Realvest recently negotiated a new lease agreement for 1,400 square feet of space in suite 1144 of the Shoppes at Brantley Hall, a retail center located at 990 North SR 434 in Altamonte Springs.
NAI Realvest Associate Mitch Heidrich, assisted by Principal Matt Cichocki, negotiated the lease representing the tenant Glenview, Ill-based GN Hearing Care Corporation doing business at Beltone, one of the largest manufacturers of hearing instruments in the world, with 1,300 locations in North America. NAI Realvest exclusively represents Beltone.
Whitaker Leonhardt of Crossman & Company represented the landlord, Rec I/Brantley Hall Limited Partnership of Chevy Chase, Md., doing business as the Shoppes at Brantley Hall.
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.
NAI Realvest Associate Mitch Heidrich, assisted by Principal Matt Cichocki, negotiated the lease representing the tenant Glenview, Ill-based GN Hearing Care Corporation doing business at Beltone, one of the largest manufacturers of hearing instruments in the world, with 1,300 locations in North America. NAI Realvest exclusively represents Beltone.
Whitaker Leonhardt of Crossman & Company represented the landlord, Rec I/Brantley Hall Limited Partnership of Chevy Chase, Md., doing business as the Shoppes at Brantley Hall.
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.
NAI Realvest Negotiates Long-term Lease Renewal with Dollar Tree Stores at Kissimmee Shopping Center
ORLANDO, Fla. – NAI Realvest recently negotiated a 10-year lease renewal with Dollar Tree Stores, Inc. for 10,000 square feet at Kissimmee Shopping Center, 2557 Old Vineland Road in Kissimmee.
Paul P. Partyka, principal and managing partner at NAI Realvest brokered the transaction representing the landlord, Herndon, Va.-based KVOS, LLC.
Chesapeake, Va.-based Dollar Tree renewed its lease for 10 years, “as their business has consistently grown at Kissimmee Shopping Center,” Partyka said.
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. 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.
Paul P. Partyka, principal and managing partner at NAI Realvest brokered the transaction representing the landlord, Herndon, Va.-based KVOS, LLC.
Chesapeake, Va.-based Dollar Tree renewed its lease for 10 years, “as their business has consistently grown at Kissimmee Shopping Center,” Partyka said.
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. 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.
Commercial Property Owners Focus On Recycling Capital Into Better Performing Properties In Wake Of Recession, Low Cap Rates
St. Petersburg, Fla. --- Many of the most astute commercial property owners and investors today are focused on recycling their capital---taking advantage of lower cap rates to dispose of non-core assets and use the proceeds to acquire better-performing properties, says Rachel Elias Wein, AIA, founder and principal of WeinPlus Real Estate Advisory Services in St. Petersburg.
In the bargain, they are trimming their operating costs and selling off lower quality assets to gain fewer but more profitable properties.
Wein said capital recycling is a smart investment move as long as cap rates remain low.
“The advantages are two-fold,” Wein said.
“Higher quality assets generate lower capital costs,” she said. “Higher quality assets offer better spreads, which are discounted by the fact that the investor paid more for these assets. Higher quality assets also save management costs,” Wein added.
“It takes fewer resources internally to manage higher quality assets. It might take 10 people to manage 10 average quality properties and fewer than five to manager five very high-quality properties. Companies are able to be more efficient internally with their resources,” she explained.
Wein said WeinPlus Real Estate Advisory Service partners with its clients — including some of the largest public and private real estate and retail companies in the country – to analyze portfolios and make recommendations to recapitalize, acquire or recycle capital investments.
“Recycling is the growing trend among the most astute owners,” Wein said.
In the bargain, they are trimming their operating costs and selling off lower quality assets to gain fewer but more profitable properties.
Wein said capital recycling is a smart investment move as long as cap rates remain low.
“The advantages are two-fold,” Wein said.
“Higher quality assets generate lower capital costs,” she said. “Higher quality assets offer better spreads, which are discounted by the fact that the investor paid more for these assets. Higher quality assets also save management costs,” Wein added.
“It takes fewer resources internally to manage higher quality assets. It might take 10 people to manage 10 average quality properties and fewer than five to manager five very high-quality properties. Companies are able to be more efficient internally with their resources,” she explained.
Wein said WeinPlus Real Estate Advisory Service partners with its clients — including some of the largest public and private real estate and retail companies in the country – to analyze portfolios and make recommendations to recapitalize, acquire or recycle capital investments.
“Recycling is the growing trend among the most astute owners,” Wein said.
MyEduLife Names Francis J. Monaco Associate Partner, Technical Peer Consultant
ORLANDO, Fla. --- MyEduLife, Inc., one of the leading U.S. providers of data governance software for colleges and universities, has named Francis J. (Frank) Monaco an associate partner and technical peer consultant.
Mark Mooney, Ph.D., a principal and co-founder of MyEduLife, said Monaco has more than 27 years of experience that includes major leadership positions in the field of higher education governance.
Monaco served 11 years as vice president of information technology and higher education chief information officer at Pace University in New York where he upgraded the university’s legacy computer systems and implemented the university’s largest enterprise resource planning system.
Monaco, a retired U.S. Army colonel and graduate of West Point, formerly served with the central IT department at West Point.
MyEduLife is a University of Central Florida Business Incubation company at the Central Florida Research Park in east Orange County.
About the UCF Business Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 200 emerging companies (including more than 125 current clients) create over $200 million in annual total economic output and more than 1,600 new jobs with an average salary of $59,000. With nine facilities across the Greater Orlando community, the Business 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, Volusia County and the Florida High Tech Corridor Council. The UCFBIP will open its 10th incubator in Apopka in Spring 2012. Please visit www.incubator.ucf.edu and UCFBIP on Facebook, on www.facebook.com/ucf4bip.
Mark Mooney, Ph.D., a principal and co-founder of MyEduLife, said Monaco has more than 27 years of experience that includes major leadership positions in the field of higher education governance.
Monaco served 11 years as vice president of information technology and higher education chief information officer at Pace University in New York where he upgraded the university’s legacy computer systems and implemented the university’s largest enterprise resource planning system.
Monaco, a retired U.S. Army colonel and graduate of West Point, formerly served with the central IT department at West Point.
MyEduLife is a University of Central Florida Business Incubation company at the Central Florida Research Park in east Orange County.
About the UCF Business Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 200 emerging companies (including more than 125 current clients) create over $200 million in annual total economic output and more than 1,600 new jobs with an average salary of $59,000. With nine facilities across the Greater Orlando community, the Business 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, Volusia County and the Florida High Tech Corridor Council. The UCFBIP will open its 10th incubator in Apopka in Spring 2012. Please visit www.incubator.ucf.edu and UCFBIP on Facebook, on www.facebook.com/ucf4bip.
Integrity Home Loan to open Offices on East Colonial Drive and Longwood
LAKE MARY, Fla. --- Integrity Home Loan will open a branch facility on East Colonial Drive in Orlando this month (April) and a new facility in Longwood next month (May).
Tony DiMatteo has been appointed manager of the East Colonial Drive branch.
Last month Integrity opened a downtown Orlando office.
Matt Malloy, president of Integrity Home Loan, said the company’s next branch office will be in Detroit, Michigan.
Integrity Home Loan currently has branch locations in Coral Springs, Jacksonville, Lake Mary, Orlando, Tampa and West Palm Beach.
Tony DiMatteo has been appointed manager of the East Colonial Drive branch.
Last month Integrity opened a downtown Orlando office.
Matt Malloy, president of Integrity Home Loan, said the company’s next branch office will be in Detroit, Michigan.
Integrity Home Loan currently has branch locations in Coral Springs, Jacksonville, Lake Mary, Orlando, Tampa and West Palm Beach.
Henin Group appoints New Home Sales Manager, Promotes Property Manager
DEBARY, Fla. – The Henin Group, which is the developer and exclusive builder of the Riviera Bella luxury community on the St. Johns River in DeBary, has appointed Mary Pat Rordam new home sales manager.
Jerome Henin, who heads the Henin Group, said Rordam has more than 25 years of experience in luxury residential real estate and new home sales, including 14 years with a large custom home builder in Central Florida. Rordam will oversee all new home sales for Henin Homes, Inc.
Rordam was the 2010 winner of the Platinum award for new home sales from the Home Builders Assn. of Mid-Florida.
At the same time, Henin promoted Peggy Irby to property manager for Henin Realty.
Irby, who joined Henin Realty eight years ago as a sales associate, will be responsible for managing properties the Henin Group owns in Volusia and Pinellas Counties.
Jerome Henin, who heads the Henin Group, said Rordam has more than 25 years of experience in luxury residential real estate and new home sales, including 14 years with a large custom home builder in Central Florida. Rordam will oversee all new home sales for Henin Homes, Inc.
Rordam was the 2010 winner of the Platinum award for new home sales from the Home Builders Assn. of Mid-Florida.
At the same time, Henin promoted Peggy Irby to property manager for Henin Realty.
Irby, who joined Henin Realty eight years ago as a sales associate, will be responsible for managing properties the Henin Group owns in Volusia and Pinellas Counties.
VOLUSIA LAW FIRM NAMES DASCOLI MARKETING ASSISTANT
PORT ORANGE – A veteran school system employee who came out of retirement last year to work for the personal-injury law firm of Rue & Ziffra has been promoted to marketing assistant.
Carol Webb Dascoli – who joined the staff at Rue & Ziffra in 2011 as a receptionist – recently was promoted to the marketing department to help gather information on case files, according to Marketing Manager Jessica Eckelbarger.
“We’re very happy to have someone with Carol’s years of experience and extensive knowledge of the area working with us,” Eckelbarger said. “In her previous position here she became interested in data entry of new case files and that led us to create her new job title.”
Living in Volusia County for more than 50 years, Dascoli was employed by Volusia County Schools for 39 years and spent 30 of those years as the school registrar at Longstreet Elementary School in Daytona Beach. A resident of Daytona, Dascoli enjoys sports, including NASCAR, and spending time with her daughter and grandson.
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.
Carol Webb Dascoli – who joined the staff at Rue & Ziffra in 2011 as a receptionist – recently was promoted to the marketing department to help gather information on case files, according to Marketing Manager Jessica Eckelbarger.
“We’re very happy to have someone with Carol’s years of experience and extensive knowledge of the area working with us,” Eckelbarger said. “In her previous position here she became interested in data entry of new case files and that led us to create her new job title.”
Living in Volusia County for more than 50 years, Dascoli was employed by Volusia County Schools for 39 years and spent 30 of those years as the school registrar at Longstreet Elementary School in Daytona Beach. A resident of Daytona, Dascoli enjoys sports, including NASCAR, and spending time with her daughter and grandson.
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.
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