New University Club of Orlando President Has Eyes on Growth, Expansion, Emphasis on Younger Members

ORLANDO, Fla. --- Jennifer Nichols Kennedy, who was recently named president of The University Club of Orlando, said the area’s oldest and largest social club for business leaders and corporate executives added more than 100 new members in 2010 and she plans to focus on growth, expansion and adding younger members during her one year term.

Kennedy, a partner at TJNG Interior Designs in Maitland, said she has been working with the U committee to explore ways The University Club can expand long range.

“We have looked at several options and we think if the market is right, an expansion of the facility is possible within the next two to five years,” Kennedy said.

Expansion options include selling or tearing down the club’s existing site on the corner of Central Blvd and Rosalind Ave. across from the Orlando Public Library and moving to a new location or redeveloping the choice downtown site.

“Our successful campaign to grow our membership has resulted in a whole new vitality and can do attitude at the club,” Kennedy explained.

“We expect our membership will continue to grow and we have a strong need to expand our facilities,” she said.
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For more information about this press release, contact: Jennifer Nichols Kennedy, President, The University Club of Orlando, 407-425-2514, jkennedy@tjng.com; Susan Greene, General Manager, The University Club of Orlando 407-425-2514, gm@ucluborlando.com

University Club of Orlando to Host Cocktails for a Cause Fundraiser on Feb. 24 to Benefit Wounded Warriors Outdoors

ORLANDO, Fla. --- The University Club of Orlando, which ranks as Central Florida’s oldest and most prestigious social club for business leaders and corporate executives, will host a Cocktails for a Cause fundraiser reception on Thursday, Feb. 24 to benefit Wounded Warriors Outdoors whose mission is to reward active duty wounded servicemen with the therapeutic trip of their lifetime: a small way of thanking them for their unselfish personal sacrifices in helping to preserve our freedom.

Justin Wright, events director at The University Club of Orlando, said the event will start at 6 p.m.

Cocktails for a Cause receptions at The University Club have raised more than $100,000 for civic and charitable groups over the past three years.
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For more information contact: Justin Wright, Events Director, The University Club of Orlando 407-425-2514; Susan Greene, General Manager, The University Club of Orlando 407-425-2514, gm@ucluborlando.com

Stirling Sotheby’s International Realty Appoints Deborah Clifton Controller

LAKE MARY - Stirling Sotheby’s International Realty has appointed Deborah Clifton controller.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said Clifton attended Valencia Community College, the University of Central Florida and Murray State College in Tishomingo, Okla.

Clifton has more than 10 years of experience in corporate finance. She formerly served as an executive with Golden Corral Restaurants and worked for a CPA firm in Orlando.

For more information contact:
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890 or 333- 1900

About Stirling Sotheby’s International Realty: Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.

Cotter Ryan Commercial to Start tenant improvements to 20,000 square foot office building at Savannah Park at Heathrow

Cotter Ryan Commercial to Start tenant improvements to 20,000 square foot office building at Savannah Park at Heathrow

LONGWOOD, Fla. - Cotter Ryan Commercial, LLC, will start tenant improvements at a new 20,000 square foot office building at Savannah Park at Heathrow, located on International Parkway in Lake Mary.

Scott Ryan, president of Cotter Ryan Commercial, LLC, said the project is budgeted at more than $ 4.5 million.

Cotter Ryan Commercial built the building and will occupy 5,000 square feet of space for its corporate headquarters. The firm is expected to move in before then end of the year.

For more information, contact:
Scott Ryan, President Cotter Ryan Commercial, LLC, 407-786-7686
Larry Vershel, Larry Vershel Communications 407-644-4142

George Livingston: Last Quarter was The Worst, This One will be Better, Positive Growth should start by December

George Livingston: Last Quarter was The Worst, This One will be Better, Positive Growth should start by December

MAITLAND, Fla. - The first quarter of 2009 was the worst of the recession, according to longtime area market analyst George Livingston, chairman emeritus of Orlando-area based NAI Realvest.

“The current quarter will be less bad, and we’re already seeing signs of improvement, but we won’t see positive growth until the last quarter of this year or the first quarter of next year,” Livingston said.

“Initial recovery will be slow, full recovery won’t occur until well into the next decade,” Livingston said.

“Consumer confidence is low but it is getting better, and the same can be said for business confidence,” Livingston said.

“Profits are improving in some cases. Banks should do better as we move forward and the third quarter should see broad improvement in corporate earnings,” he said.

Livingston said housing should bottom by year-end, and recovery will be slow due to the drag of foreclosures. “When the housing market recovers, we won’t see the sort of peaks we’ve seen in the past,” he said.

The reason? “Unemployment will continue to increase through year-end,” Livingston said. “Job creation will be slow."

Economic trends will continue to have a negative effect on most commercial real estate sectors, Livingston added, including retail, office, warehouse and distribution.

“Rental apartments should be among the first to recover,” Livingston said.

For more information please contact:
George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com;

Janice Paiano, Director of Marketing, NAI Realvest jpaiano@realvest.com

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

About NAI Realvest:
NAI Realvest, covering 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 325 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 http://www.nairealvest.com/.