Altamonte Springs, Fla. --- Emerson International, which develops upscale office properties, luxury condominiums and luxury communities throughout Central Florida, recently opened a new luxury model home at Keene’s Point in Windermere.
Eric Emerson, vice president and general manager at Emerson International, said the four-bedroom, 4,500 square foot luxury home is called “the Manchester” and features a custom swimming pool and fully furnished interiors by Kay Green.
Centerline Homes built the $800,000 luxury model home.
Emerson International is a wholly owned subsidiary of The Emerson Group, the global corporation that is one of the largest privately-owned property development companies.
Saturday, November 5, 2011
Lennar’s Big Year End Closeout Event is Underway in 22 Orlando area communities: Zero down, Zero Closing Costs, up to $34,000 in Savings
ORLANDO, Fla. --- Lennar, which will close its fiscal year on Nov. 30, is offering a year end closeout on select ready-to-move-in homes in 22 Orlando area communities that includes zero down payments, zero closing costs and additional savings of up to $34,000.
Mark Metheny, president of the Central Florida division, said Lennar’s big year end close out sale got underway Nov. 1 and is good on move-in ready homes that are sold and go to contract by Nov. 30
“We have an inventory of ready-to-move in homes at our communities in the Orlando, Clermont and Space Coast areas that we hope to sell before the end of our fiscal year,” Metheny explained.
Metheny said home buyer incentives offered at select Lennar communities include no down payment required, no closing costs, additional price reductions and free upgrades that total up to $34,000.
All new homes come with Lennar’s “Everything’s Included” offer as well as Lennar’s “No Worry” home builder’s warranty.
“We are making the best buyer incentive offer available anywhere in Florida and we’re prepared to accommodate record year-end sales,” Metheny said.
Visit www.Lennar.com.
Mark Metheny, president of the Central Florida division, said Lennar’s big year end close out sale got underway Nov. 1 and is good on move-in ready homes that are sold and go to contract by Nov. 30
“We have an inventory of ready-to-move in homes at our communities in the Orlando, Clermont and Space Coast areas that we hope to sell before the end of our fiscal year,” Metheny explained.
Metheny said home buyer incentives offered at select Lennar communities include no down payment required, no closing costs, additional price reductions and free upgrades that total up to $34,000.
All new homes come with Lennar’s “Everything’s Included” offer as well as Lennar’s “No Worry” home builder’s warranty.
“We are making the best buyer incentive offer available anywhere in Florida and we’re prepared to accommodate record year-end sales,” Metheny said.
Visit www.Lennar.com.
Newmark Knight Frank’s Southeast Capital Group Negotiates $3.42 Million Sale of Holcomb Woods Village Retail Center in Roswell, Ga.
ATLANTA, Ga. --- Whitney Knoll, Mark Hillis and Fred Victor of Newmark Knight Frank’s Southeast Capital Group brokered the $3.42 million sale of the Holcomb Woods Village, located at 1570 Holcomb Woods Rd. in Roswell, Ga.
Knoll, a principal who heads the Southeast Capital Markets Group at Newmark Knight Frank, said Hawthorne Retail Partners acquired the retail center from the Bank of New York Mellon Trust Company through special servicer GE Capital Realty Group, Inc.
Knoll, Hillis and Victor represented GE Capital Realty Group in the REO transaction.
The 102,888 square foot neighborhood retail center is 45 percent occupied by tenants including Joseph & Friends and Tuscany Fine Furnishings, Knoll said.
“This transaction exemplifies the investment community’s continued attraction to REO foreclosure listings,” Knoll said.
“There was very high interest in the property, and the performance of Hawthorne Retail Partners in the transaction was exemplary,” Knoll said.
Knoll, a principal who heads the Southeast Capital Markets Group at Newmark Knight Frank, said Hawthorne Retail Partners acquired the retail center from the Bank of New York Mellon Trust Company through special servicer GE Capital Realty Group, Inc.
Knoll, Hillis and Victor represented GE Capital Realty Group in the REO transaction.
The 102,888 square foot neighborhood retail center is 45 percent occupied by tenants including Joseph & Friends and Tuscany Fine Furnishings, Knoll said.
“This transaction exemplifies the investment community’s continued attraction to REO foreclosure listings,” Knoll said.
“There was very high interest in the property, and the performance of Hawthorne Retail Partners in the transaction was exemplary,” Knoll said.
Villages of Royal Palm Offers One Year Closing Delay, Six Months Mortgage Moratorium on Ready-To-Move-In Homes
PORT ORANGE, Fla. --- The Villages of Royal Palm, the luxury active adult community Winston James Development is developing in Port Orange, is offering a special discount to active adult buyers of ready-to-move-in homes priced from the $160s.
Winston Schwartz, president of Winston-James Development, Inc., said buyers of ready-to-move-in homes can take advantage of special financing that allows no mortgage payments for the first six months.
For people who have a home to sell, Royal Palm offers a one-year delay in closing.
Schwartz said a 10 percent down payment qualifies buyers for the special financing.
“We are making this offer to give active adults – who plan to sell their current homes so they can move to Florida – plenty of time to conduct the sale,” Schwartz said.
Schwartz said the offer is good through Nov. 15.
Eight finished ready-to-move-in homes are now available.
Winston Schwartz, president of Winston-James Development, Inc., said buyers of ready-to-move-in homes can take advantage of special financing that allows no mortgage payments for the first six months.
For people who have a home to sell, Royal Palm offers a one-year delay in closing.
Schwartz said a 10 percent down payment qualifies buyers for the special financing.
“We are making this offer to give active adults – who plan to sell their current homes so they can move to Florida – plenty of time to conduct the sale,” Schwartz said.
Schwartz said the offer is good through Nov. 15.
Eight finished ready-to-move-in homes are now available.
Top Producing Associates at Stirling Sotheby’s International Realty Rack up 10 Home Sales in Three Months
ORLANDO, Fla. --- Rachel McGrath and Debbie Keilin are fast making a name for themselves as top producers at Stirling Sotheby’s International Realty in Volusia County.
Roger Soderstrom founder and owner of Stirling Sotheby’s International Realty said McGrath and Keilin posted sales of 10 properties that totaled more than $4.45 million during the third quarter of 2011. (Per the Daytona Beach MLS Aug 1-Oct 31 2011)
Some of Keilin and McGrath’s largest sales include --
• The last known residence of Lear Jet fame, William P. Lear, Jr. at Spruce Creek Fly-In community in Port Orange. The luxury home and private aircraft hangar sold for $785,000.
• A second Spruce Creek Fly-In luxury home purchased by an Argentinian businesswoman for $545,000.
• A luxury oceanfront condominium in Daytona Beach with more than 5,000 square feet of living space for $1.46 million.
“Rachel McGrath and Debbie Keilin are just dynamic,” Soderstrom said. “They are two of the most enthusiastic, well-educated and highly motivated real estate professionals I know,” Soderstrom said.
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, new home communities, commercial and investment properties, in addition to supporting builders, developers, lenders, and asset managers. The company operates two performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.
Roger Soderstrom founder and owner of Stirling Sotheby’s International Realty said McGrath and Keilin posted sales of 10 properties that totaled more than $4.45 million during the third quarter of 2011. (Per the Daytona Beach MLS Aug 1-Oct 31 2011)
Some of Keilin and McGrath’s largest sales include --
• The last known residence of Lear Jet fame, William P. Lear, Jr. at Spruce Creek Fly-In community in Port Orange. The luxury home and private aircraft hangar sold for $785,000.
• A second Spruce Creek Fly-In luxury home purchased by an Argentinian businesswoman for $545,000.
• A luxury oceanfront condominium in Daytona Beach with more than 5,000 square feet of living space for $1.46 million.
“Rachel McGrath and Debbie Keilin are just dynamic,” Soderstrom said. “They are two of the most enthusiastic, well-educated and highly motivated real estate professionals I know,” Soderstrom said.
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, new home communities, commercial and investment properties, in addition to supporting builders, developers, lenders, and asset managers. The company operates two performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.
Mercantile Capital Corporation Reports Four Commercial Loans Closed in October Financing Projects Valued at More Than $9.4 Million
Altamonte Springs, Fla. --- Mercantile Capital Corporation, one of the nation’s largest and most active providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, reported it closed four commercial loans in October to finance projects that total more than $9.4 million.
Geof Longstaff, chairman of Mercantile Capital Corporation, said the firm’s largest single loan in October financed a $5.1 million diabetes treatment center in Citrus County.
Since the start of the year, Mercantile Capital Corporation has closed 46 commercial loans to finance projects that total more than $134 million, Longstaff said.
Chris Hurn, chief executive officer of Mercantile Capital Corporation, said, “We expect to finance over $150 million in total projects in 2011. That would mark a substantial increase over 2010 and be our all-time record for volume.”
Mercantile Capital Corporation will relocate from Altamonte Springs to Downtown Orlando in December, Hurn added. The firm is a wholly-owned subsidiary of Old Florida National Bank, which is headquartered in Orlando.
More information can be found at www.504Experts.com and www.504Blog.com.
Geof Longstaff, chairman of Mercantile Capital Corporation, said the firm’s largest single loan in October financed a $5.1 million diabetes treatment center in Citrus County.
Since the start of the year, Mercantile Capital Corporation has closed 46 commercial loans to finance projects that total more than $134 million, Longstaff said.
Chris Hurn, chief executive officer of Mercantile Capital Corporation, said, “We expect to finance over $150 million in total projects in 2011. That would mark a substantial increase over 2010 and be our all-time record for volume.”
Mercantile Capital Corporation will relocate from Altamonte Springs to Downtown Orlando in December, Hurn added. The firm is a wholly-owned subsidiary of Old Florida National Bank, which is headquartered in Orlando.
More information can be found at www.504Experts.com and www.504Blog.com.
Villages of Royal Palm Starts Construction of Two New ready-to-move-in homes, Marks Million Dollar Closings in October
PORT ORANGE, Fla. --- The Villages of Royal Palm is marked a record month of closings in October by starting construction of two ready-to-move-in homes.
Winston Schwartz, president of Winston-James Development, Inc., developers the Villages of Royal Palm, said three and four bedroom homes at The Villages of Royal Palm range in size from 1,500 square feet of living space to 2,160 square feet priced from the low $200s.
Schwartz said homes The Villages of Royal Palm closed on in October total more than $1 million, a recent record for the community.
“This is the start of the winter season, when our sales are typically the highest,” Schwartz said. “We anticipate a very busy winter season,” he said.
Schwartz added that four ready-to-move-in homes are now open at The Villages of Royal Palm.
Winston Schwartz, president of Winston-James Development, Inc., developers the Villages of Royal Palm, said three and four bedroom homes at The Villages of Royal Palm range in size from 1,500 square feet of living space to 2,160 square feet priced from the low $200s.
Schwartz said homes The Villages of Royal Palm closed on in October total more than $1 million, a recent record for the community.
“This is the start of the winter season, when our sales are typically the highest,” Schwartz said. “We anticipate a very busy winter season,” he said.
Schwartz added that four ready-to-move-in homes are now open at The Villages of Royal Palm.
Maximize Angel Investments Hopes to Secure Pledges that will Total More Than $10 million at Angel Investment Seminar Nov. 9
ORLANDO, Fla. --- Maximize Angel Investments Central Florida, Inc. plans to welcome subscribing members to its Angel Investments seminar Nov. 9 who will commit more than $10 million in investment capital to finance promising startup companies throughout the Central Florida area.
William De Temple, chief executive officer of Maximize Angel Investments Central Florida, said that while many in the Central Florida community will benefit from the efforts of his organization to create new jobs and an economic boom, his subscribers are not “do-gooders.”
“Maximize Angel Investments of Central Florida is organizing subscriber members to invest in companies that demonstrate the capacity to grow and succeed,” De Temple explained.
“We aren’t looking for the next best thing,” De Temple said.
“We seek out well-organized companies if they are providing the necessary capital,” he said.
De Temple said his subscribers — who commit to funding more than $50,000 annually — are strictly bottomline business investors.
William De Temple, chief executive officer of Maximize Angel Investments Central Florida, said that while many in the Central Florida community will benefit from the efforts of his organization to create new jobs and an economic boom, his subscribers are not “do-gooders.”
“Maximize Angel Investments of Central Florida is organizing subscriber members to invest in companies that demonstrate the capacity to grow and succeed,” De Temple explained.
“We aren’t looking for the next best thing,” De Temple said.
“We seek out well-organized companies if they are providing the necessary capital,” he said.
De Temple said his subscribers — who commit to funding more than $50,000 annually — are strictly bottomline business investors.
Thursday, November 3, 2011
Crossman & Company Completes New and Renewal Leases at Retail Centers in Casselberry totaling 3,406 Square Feet
ORLANDO, Fla – Crossman & Company, the Orlando-based firm that ranks as one of the largest retail property management and leasing companies in the Southeast, recently negotiated three lease agreements – one new lease and two lease renewals – at Casselberry retail centers.
Leasing Associates Tracy Harrison and Craig Katterfield at Crossman & Company negotiated all three transactions representing the landlord for each center.
At Summit Plaza II, 1033 SR 436, The Middlesex Corp. signed a new lease for 2,023 square feet and Infinite Ideas & Designs renewed its lease of 1,030 square feet.
Experience Works renewed its lease of 350 square feet in the Greater Mall located at 400-484 S.R. 436.
About Crossman & Company:
Headquartered in Orlando, Florida, Crossman & Company is a commercial real estate brokerage firm that specializes in the retail industry. Currently their portfolio under leasing and/or management exceeds 150 shopping centers throughout the Southeast US. Founded in 1990, Crossman & Company focuses solely on landlord representation and serves clients including Publix, PREIT, and GE. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
Leasing Associates Tracy Harrison and Craig Katterfield at Crossman & Company negotiated all three transactions representing the landlord for each center.
At Summit Plaza II, 1033 SR 436, The Middlesex Corp. signed a new lease for 2,023 square feet and Infinite Ideas & Designs renewed its lease of 1,030 square feet.
Experience Works renewed its lease of 350 square feet in the Greater Mall located at 400-484 S.R. 436.
About Crossman & Company:
Headquartered in Orlando, Florida, Crossman & Company is a commercial real estate brokerage firm that specializes in the retail industry. Currently their portfolio under leasing and/or management exceeds 150 shopping centers throughout the Southeast US. Founded in 1990, Crossman & Company focuses solely on landlord representation and serves clients including Publix, PREIT, and GE. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
Avalonpark Texas’ Community Springs at Walnut Creek in North Austin sees David Weekley Homes start construction of models
AUSTIN, Tex. --- Avalonpark Texas has reported that David Weekley Homes has started construction of two models and five ready-to-move-in homes priced from the low $200s at The Springs of Walnut Creek located near I-35 and Yager Lane in North Austin.
Richard Kunz, a principal at Avalonpark Texas LP, which is developing The Springs of Walnut Creek, said two of the single family homes are model homes (a one-story model home and a two-story model home) and five are ready-to-move-in homes. All are slated to open in late November.
The neighborhood will see 53 homes in Phase I and 58 homes in Phase II. Construction of the infrastructure for Phase II is planned for the second quarter of 2012.
Plans are also under way to build Phase III, a gated private neighborhood of 50 homes priced in the mid to high $100s.
Richard Kunz, a principal at Avalonpark Texas LP, which is developing The Springs of Walnut Creek, said two of the single family homes are model homes (a one-story model home and a two-story model home) and five are ready-to-move-in homes. All are slated to open in late November.
The neighborhood will see 53 homes in Phase I and 58 homes in Phase II. Construction of the infrastructure for Phase II is planned for the second quarter of 2012.
Plans are also under way to build Phase III, a gated private neighborhood of 50 homes priced in the mid to high $100s.
Subscribe to:
Posts (Atom)
