Monday, July 30, 2012

New Floor Plan at Villages of Royal Palm, Winston James Development releases 12 New Lakefront Home Sites

PORT ORANGE, Fla. --- The Villages of Royal Palm in Port Orange has introduced a new floor plan.

Winston Schwartz, president of Winston-James Development in South Daytona Beach, which is developing of The Villages of Royal Palm, said the new floor plan offers three bedrooms and two baths in 1,618 square feet of living space with a new kitchen and family room layout.

Schwartz said The Villages of Royal Palm recently released 12 new lakefront home sites and three of them have already been sold.

New three-bedroom homes on the recently released home sites will range in size from 1,700 square feet of living space to 2,200 square feet, priced from the $190s with two car garages.

Mercantile Capital Corporation Chief Executive Officer Chris Hurn in the running for 2012 Small Business Influencer Award

ORLANDO, Fla. – Chris Hurn, chief executive officer and co-founder of Orlando based Mercantile Capital Corporation, has been nominated for a 2012 Small Business Influence Award, under the category “small business expert.”

Hurn, whose Mercantile Capital Corporation opened nine years ago and 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, said he is flattered by the nomination.

Currently, Hurn ranks third in the U.S. in an online poll of small business owners voting for 2012 Small Business Influencer Award nominees. Nominations for the award closed on July 15. Online voting will continue through Aug. 5.

Small Business Influencer Awards are made on the basis of online voting as well as the opinion of a weighted panel of expert judges.

Small Business Influencer Awards honor those who are influential to small businesses in North America, through the products, services, knowledge, information or support they provide to the small business market. The awards are designed to recognize the unsung heroes of small businesses — those who support and encourage entrepreneurs and small business owners, and help them achieve success and stay successful.

Anita Campbell, CEO of Small Business Trends and one of the co-founders of the Small Business Influencer Award, said award recipients play crucial roles in the small business ecosystem, often in the background.

“Many nominees are themselves small business owners, entrepreneurs or small businesses,” Campbell said.

“The Awards provide an added boost in motivation and morale for a nominee's employees and staff that can make a big difference in results," Campbell said.

About the Small Business Influencer Awards
The Small Business Influencer Awards initiative is produced by Small Business Trends, an award-winning online publication, serving over 4 million small business owners, stakeholders and entrepreneurs annually, and SmallBizTechnology.com, a media company that produces online content and live events educating small and mid-sized companies on how to strategically use technology as a tool to grow their businesses. The Awards can be found on the Web at: www.SMBInfluencers.com.

About Mercantile Capital Corporation:
Mercantile Capital Corporation is one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans to small business owners who want to acquire, construct, renovate, expand or refinance their commercial facilities. The company closed more commercial loans in the first six months of 2012 than in all of 2011 — 58 loans worth $220.7 million in total project costs. In its nine-year history, Mercantile has financed loans for projects worth more than $965.5 million in total project costs in 37 states plus the District of Columbia and Puerto Rico, and has helped to create or retain 6,584 jobs. More information can be found at www.504Experts.com.

Hendricks & Partners Negotiates Sale of The Enclave at Northwood Apartment Property in Clearwater

CLEARWATER, Fla. --- Hendricks & Partners, one of the nation’s largest and most active multi-family investment banking and research companies, recently negotiated the sale of The Enclave at Northwood apartments at 2690 Enterprise Rd. in Clearwater.

Jason Stanton, senior investment advisor at the Tampa office of Hendrick’s & Partners, negotiated the sale of the 188-unit apartment property with partner Cole Whitaker and associate partner Hal Warren in the firm’s Orlando office.

Hendricks & Partners represented the seller, a commingled fund managed by Nashville-based Covenant Capital Group.

The buyer is an affiliate of Stonebridge Investments, BV based in Washington, D.C. Orlando-based ZRS Management, LLC has been retained by the buyer to provide property management services.

The one, two and three-bedroom townhome and villa apartments total 202,212 square feet of rentable space and the units -- averaging 1,076 square feet -- also average $1,066 in monthly rent.

The apartment community was built in 1984-1985 in two phases.

NAI Realvest Negotiates Sale of 49+ Acre Agricultural Land in East Orlando for $345,900

ORLANDO, Fla. – NAI Realvest recently negotiated the sale of a 49.42 acre tract zoned for agriculture use at 10501 James Creek Rd. (SR 520) in east Orlando.

NAI Realvest Associate George Viele brokered the transaction representing the seller, The Margaret B. Vickery Family Limited Partnership in Orlando.

The buyer, Salt Lake City-based Farmland Reserve paid $345,900 for the property that has frontage on SR 520.

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.

Ryland Homes Starts Construction of Two Model Homes at new Community of Walnut Creek in Charlotte region

CHARLOTTE, N.C. – Ryland Homes has started construction of two model homes at the home builder’s newest community of Walnut Creek, located off Jim Wilson Rd. east of Johnston (Hwy. 521) in Lancaster, S.C.

Krista Long, vice president of sales and marketing for Ryland Homes in the Charlotte region, said the Landrum model home and the Hastings model home will open in August in the new community where some 77 homes are planned.

Two design collections will be featured with homes priced from the $190s and the $230s.

New three, four and five bedroom homes at Walnut Creek will range in size from 2,300 square feet of living space to 3,600 square feet with two to four baths and two car garages.

Long said new homes at Walnut Creek will offer such options as sunrooms, screened porches, covered outdoor living areas and additional guest suites.

Planned community amenities include a clubhouse, swimming pool with water slide and playground.

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 24 homebuilding divisions 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 New Office Leases with Allstate Agent and Software Company at University Court in East Orlando

ORLANDO, Fla. --- NAI Realvest recently negotiated two new lease agreements totaling 2,760 square feet at University Court located at 3361 Rouse Rd. off University Blvd. in east Orlando.

Senior Broker-Associate Mary Frances West, CCIM negotiated both transactions representing the landlord, Interchange Rouse, LLC of Daytona Beach.

Mevesi, Inc., a local software company, leased Suite 175 with 1,380 square feet.

Howes Insurance Agency, a family operated Allstate agent, leased Suite 115 with 1,380 square feet. Howes was represented by Danny Rice and Jamie Barati 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.