Thursday, July 2, 2015

NAI Realvest Negotiates $790,000 Sale of Seven Acre Multifamily Development Site in Casselberry

ORLANDO, Fla. — NAI Realvest recently negotiated a $790,000 sale price for a 7.14 acre multifamily site across from Legacy Park on Seminola Blvd in Casselberry, FL.

Jason G. Toll, director of industrial services at NAI Realvest, negotiated the transaction on behalf of the seller Lake Helen based Casselberry Investment Properties, LTD..

Orlando-based RM Plus is the buyer who plans to build garden style homes on the site. Nohora Gomez of Weichert Realtors represented the buyer in the transaction.

Ryland Homes Opens Exclusive St. David’s at Windsor Plantation, gated phase for 22 Single-Family Homes priced from mid-$240s

Myrtle Beach, S.C. --- Ryland Homes has opened its most exclusive new neighborhood at Windsor Plantation in Myrtle Beach with 22 private home sites for single-family luxury homes priced from the $240s.

Donald T. McDonough, division president of Ryland Homes in the Charleston and Myrtle Beach region, said the gated St. David’s neighborhood, located off Devon Estate Avenue at Highway 544 in Myrtle Beach, is Ryland’s final phase at the popular Windsor Plantation community.

“All 22 homesites front on a lush, protected wooded area or the largest pond in the community,” McDonough said.

Six distinct floor plans are available at St. David’s that range in size from 1,800 square feet of living space to 3,300 square feet.

The three and four-bedroom luxury homes offer two or three baths, optional bonus rooms or sunrooms and two-car garages, McDonough added.

New luxury homes at St. David’s are priced from $241,000 to $272,000.

McDonough said Ryland Homes has already started construction of seven new homes at St. David’s.

“The first two new homes will be ready for move in by September,” McDonough said.

St. David’s features a resort-style swimming pool, hot tub, and a community clubhouse with a state-of-the-art exercise facility.

New home sales associates Ed Kaminski and Trisha Whitaker are conducting scheduled tours of St. David’s daily. For more information or to schedule a look at the luxury community, telephone 843-215-7750.

Berkadia negotiates $4 million sale of apartment community in Mobile

Birmingham / Mobile, Ala. – Berkadia, one of the nation’s largest and most active multifamily investment sales companies, recently negotiated the $4 Million sale of Woodland Square, a 128-unit apartment community on Sage Ave. and Airport Blvd. in Mobile.

Josh Jacobs, investment sales associate at Berkadia along with partner David Oakley, negotiated the transaction representing an Alabama-based seller.

Jacobs said the property, which new ownership is rebranding as “Midtown Sage Apartments,” was built in 1974 and renovated in 2013-2014.

The California-based purchaser assumed the existing Fannie Mae loan on the property.

Berkadia, a joint venture of Berkshire Hathaway and Leucadia National Corporation, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties.