NAI Realvest Negotiates New Lease for 14,000 square feet of Industrial Space in Altamonte Springs

MAITLAND, Fla. – NAI Realvest recently negotiated a new industrial lease agreement with Architectural Glass Products, LLC for 14,000 square feet of industrial space at 1007 Sunshine Lane in Altamonte Springs. NAI Realvest associate Michael Heidrich, Jr., was the lead broker in the transaction along with Michael Heidrich Sr., principal at NAI Realvest, representing the landlord, Edward T. Quinn of Longwood. The tenant was represented by Nam Snipper of Results Real Estate Partners.

Stirling Sotheby’s International Realty Associate has a Nose for Real Estate, a Heart for Community Service

ORLANDO, Fla. --- Vicky McVay-Froom, an International Luxury Homes Specialist in Stirling Sotheby's International Realty‘s Dr. Phillips Marketing Center in southwest Orlando, has a nose for real estate deals. But she has a heart for community service activities. During the past six months, McVay-Froom has participated in • the 2012 Fashion Flair fashion show produced by the Orlando Women's Auxiliary of Salvation Army; • the Ninth Annual Gala Luncheon and Silent Auction to benefit Sally House, an Orlando Women and Children's Shelter; • Tasting on the Green at Fleming's Prime Steakhouse, an LPGA event to benefit the Cord of Life Foundation; • Heart Health for Women, a lecture presentation by ORMC specialist Dr. Linda Jaffe; • a Meet and Greet sponsored by Evershore Financial Group at Neiman Marcus, • the Winter Park Historical Society’s Peacock Ball fundraiser; and • the 19th Annual Benefit for St. Jude Children's Hospital. “Vicky McVay-Froom is a highly energetic professional who pours her heart into every task,” Soderstrom said. “She would make a great congressperson if she weren’t such an excellent real estate associate,” Sodertstrom said.

Small business growth is Mercantile Capital Corp.’s mission, says CEO Chris Hurn, armed with record low interest rates, 90-percent financing, 20-year fixed terms

ORLANDO, Fla. — If small business is the lifeblood of America’s economic success — and it surely is — then the U.S. Small Business Administration’s 504 loan program might be just the tonic to cure the nation’s economic ailments. Christopher G. Hurn, chief executive officer of Mercantile Capital Corporation in Orlando, said SBA’s 504 loan program offers record below-market, fixed interest rates; up to 90-percent loan-to-cost financing; and 20-year terms for projects up to $15 million for small business owners who want to acquire or develop their own facilities. SBA loan proceeds can be used for a variety of expenses besides development or acquisitions, Hurn said. “Eligible uses for SBA 504 financing include commercial property remodeling; conversions; expansions or renovations; improvements, including grading, street work, utilities, parking lots and landscaping; energy-efficient “green” projects; purchase of long-life machinery; furniture, fixtures and equipment; contingency reserves; and soft costs,” Hurn explained. As traditional lenders have yet to loosen their purse strings, Hurn said SBA 504 lending ranks as perhaps the nation’s most effective stimulus for economic recovery. “Small business entrepreneurs all across the nation are using 504 loans to expand their operations, create jobs, and grow their businesses,” Hurn explained, adding that interest rates are the lowest ever making this a once-in-a-lifetime opportunity for entrepreneurs. Led by Hurn and chairman Geof Longstaff, Mercantile Capital Corporation is a three-time member of Inc. magazine’s Inc. 500|5000 list of the fastest-growing private companies in the U.S. and ranks as one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans, also known as SmartChoice Commercial Loans. In the first 10 months of this year, Mercantile announced it closed 85 commercial loans to finance projects totaling $364 million in total project costs. By the end of the year the company’s loan volume could reach $450 million. Hurn, named a Top 100 Small Business Influence Champion for 2012, recently published his first book, The Entrepreneurs Secret to Creating Wealth: How the Smartest Business Owners Build Their Fortunes, which has become an Amazon.com bestseller.

NAI Realvest Negotiates Lease Agreement with Tampa Based Carpeting Firm for 21,000+ Square Foot Industrial Building in Orlando

MAITLAND, Fla. – NAI Realvest recently negotiated a new lease agreement for the 21,142 square foot industrial building at 4573 Dardanelle Drive, off Silver Star Rd. near the intersection of John Young Parkway and I-4 in Orlando. Michael Heidrich, principal at NAI Realvest in Maitland, brokered the transaction representing Landlord Orange Distributors, based in Lithia near Tampa. Lifestyle Carpets, Inc., a Tampa-based firm that supplies the single and multi-family homebuilding industry, leased the property, which includes 3,640 square feet of office space in the fenced-in building situated on 2.1 acres.

Stirling Sotheby’s International Realty Named Exclusive Broker for 3,100 acre development site at I-95 in Ormond Beach

LAKE MARY, Fla. --- Stirling Sotheby’s International Realty has been named exclusive sales and marketing agents for the 3,100 acre Hunter’s Ridge development site, located off SR 40 two miles east of I-95 in Ormond Beach. Roger Soderstrom, founder and owner of the Lake Mary real estate firm, said he will personally head an international campaign to market the property, assisted by Stirling Sotheby’s International Commercial Investment Specialists Mark Arnold and John Kurtz. The Hunter’s Ridge (http://www.huntersridgefla.com) mixed use development of regional impact (DRI) was approved in 1988 and updated in 2010, Soderstrom said, and it allows for 1,885 residential units and more than 600,000 square feet of commercial development. The first phase of the project with approximately 910 acres has been developed and all major roadways, utilities, elementary school and fires stations are currently in place. Hunter’s Ridge is located minutes from the newly constructed 396 bed Florida Memorial Hospital, along with major medical complexes, retail and dining. The Daytona Beach Airport and International Speedway are nearby. Hunter’s Ridge is planned and positioned for immediate development and would be ideal for an active adult mixed-use community with a major core component that could include health, wellness, exercise, educations, shopping and dining,” Soderstrom emphasized. The property is listed for sale at $15 million.

Meritage Homes to start construction of six-bedroom model home at East Lake Park in Lake Nona area, presales underway now

ORLANDO, Fla. --- Meritage Homes will start construction of a six-bedroom model home at East Lake Park, located off Narcoossee Rd. south of Lake Nona in Osceola County. Brian Kittle, division vice president of Meritage Homes in the Orlando region, said Meritage Homes has started presales at East Lake Park and plans to build 61 new four, five, six, seven and eight bedroom single-family homes that range in size from 3,082 square feet of living space to 5,111 square feet. New homes at East Lake Park are priced from the mid-$200s. Kittle said the Kerrville model home will offer six bedrooms in 4,161 square feet priced from the high $200s. Meritage Homes builds single-family homes in 16 Central Florida communities.

Association of Change Management Professionals establishes world headquarters in Winter Springs, Florida

Winter Springs, Fla. --- The Association of Change Management Professionals (ACMP) has a new headquarters in Winter Springs, and is expanding its membership and member services to advance the profession and discipline of change management. Linn Wheeling, CAE, executive director said, “ACMP is a professional membership organization committed to the establishment and advancement of change management as a profession. Efforts are currently underway to develop a global standard for change management and accompanying credential and body of knowledge.” Within its first two years, ACMP has engaged over 1,500 change management professionals in over 15 countries around the world. “Our membership reflects change leaders from a variety of organizations, including public and privately held corporations, education, government, and non-profits who are committed to improving the global economy through effective change within their organizations and communities. These professionals work in consulting, human resources, project management, information technology, marketing, and more,” Wheeling explained As part of this effort, ACMP announced it will host a global conference for change management professionals on April 14-17, 2013 in Los Angeles. This global conference entitled “Lights, Camera, Change: Producing Results in a Global Economy” will bring together change management professionals for three days of education sessions focused on various aspects of change management, thought-provoking keynote speakers, networking opportunities and idea sharing sessions. The 2012 Global Conference held in Las Vegas had more than 800 attendees. “The Association of Change Management Professionals empowers change management professionals to lead the people side of change, ensuring the needs of infrastructure, systems, culture, and personnel are addressed in a way that reflects positively on the bottom line of the organization. These are results-driven leaders who will move economic growth forward,” Wheeling said. To learn more about the Association of Change Management, visit www.acmpglobal.org. The Association of Change Management is a client company of the UCF Business Incubation Program in Winter Springs.

Meritage Homes to start presales at newest community of Tuscany Ridge in Clermont

LAKE FOREST, Fla. – Meritage Homes will start presales and a model home will get underway in early December at its newest community of Tuscany Ridge located off Steve’s Road in Clermont. Brian Kittle, vice president of sales for Meritage Homes, said Tuscany Ridge will offer three to eight bedroom homes priced from the mid-$200s. Kittle said 30 home sites will be available for Meritage-built homes in the community. Homes as Tuscany Ridge will range from 3,082 square feet of living space to 5,107 square feet. Meritage Homes builds single-family homes in 16 Central Florida communities.