HENDRICKS-BERKADIA REPORTS IT SOLD MORE THAN 5,000 APARTMENT UNITS LAST YEAR

ORLANDO, Fla. --- Hendricks-Berkadia, which ranks as one of the nation’s leading multi-family investment banking and research companies, reported it negotiated sales of 20 apartment communities last year that totaled 5,030 apartment units. Cole Whitaker, partner at Hendricks-Berkadia who heads the firm’s Southeast region, said sales of multi-family apartment properties last year brought a total of over $325,000,000 in revenues for its clients. In addition, Hendricks-Berkadia closed 11 land transactions around the state of Florida.

OCEANS LUXURY REALTY REPORTS SALES UP 30 PERCENT LAST YEAR

Daytona Beach Shores, Fla. -- When Oceans Luxury Realty acquired Harbor Village Realty last year they inherited 10 agents, a broker and a property manager and the real estate agency now boasts 37 agents. Crystal Anderson, president and chief executive officer or Oceans Luxury Realty, said the firm posted sales last year that totaled $37.1 million, a 30 percent increase over 2012 sales. Anderson said Oceans Luxury Realty now manages 725 properties, including one in St. Augustine.

$3.5 Million Mixed Use Development planned Adjacent to the new Lake Mary SunRail Station

LAKE MARY, Fla. --- Chris and Dana Mahnken of Lake Mary plan to develop a 32,000 square foot office and retail building directly across from a new 200+ unit luxury apartment project on E. Crystal Lake Ave. in Lake Mary adjacent to the planned Lake Mary SunRail Station platform. Chris Mahnken said Station Pointe at Lake Mary will accommodate a coffee shop, sandwich shop, drug store, dry cleaner and beauty salon, along with offices for lawyers, doctors and other professionals who can serve commuters on the $1.2 billion commuter rail line. Mahnken said construction of Station Pointe should start in 2015. The first SunRail leg is planned to open in May from DeBary to downtown Orlando and points south. Eventually, SunRail will link communities from DeLand in Volusia County to Poinciana in Osceola County. Rick Bavec, who heads his own realty firm at Lake Forest by Sanford has been named director of leasing for Station Pointe at Lake Mary. Bavec said pre-leasing has started with very strong interest, and he expects to pre-lease most of the space before construction starts. “We’re getting a lot of interest in Station Pointe from doctors, lawyers and accountants looking to expand their downtown operations with a branch office in Lake Mary,” Bavec said. “In most communities worldwide where commuter lines like SunRail have been developed, the stations have spurred dramatic growth and development of commercial as well as residential opportunities, we are seeing this happening now in Lake Mary,” Bavec said.