Monday, April 2, 2012

First Green Bank Hopes to Join 15 Member Global Banking Alliance on Values that Promotes Sustainable Banking Practices

MOUNT DORA, Fla. – First Green Bank, the Lake County-based bank with branch locations in Mount Dora, Clermont and Ormond Beach, has asked to join the Global Banking Alliance on Values, the leading independent network of banks to foster sustainable banking practices worldwide.

Kenneth LaRoe, chairman and chief executive officer of First Green Bank, recently attended the annual conference of the Global Banking Alliance on Values in Vancouver, British Columbia. The network, founded in 2003, currently has 15 members in 12 countries worldwide, including the U.S., Canada, Norway, Denmark, Switzerland, Germany, The Netherlands, Italy, Peru, Bolivia, El Salvador, Bangladesh and Mongolia.

LaRoe said First Green Bank would become the network’s first U.S. member east of the Mississippi River.

“The Global Banking Alliance on Values has committed to impact the lives of one billion people worldwide by 2020 by offering sustainable banking practices as an alternative to the dominate banking model that alienated so many during the financial crisis,” LaRoe said.

“There is a real and urgent need for a values-based banking model that seeks to finance entrepreneurs who build their enterprises, create job growth and support communities,” LaRoe said.

“Banks play an integral role in building and sustaining communities, in helping small businesses grow and in helping customers earn a better future for themselves and their families,” LaRoe said.

“The predatory lending and investment practices that contributed to the international economic crisis have no place in modern banking, and we are pleased and proud to join a worldwide movement that aims to establish integrity and sustainability as the keys to successful banking,” he said.

Global Banking Alliance on Values member banks report combined assets of more than $26 billion with banking operations in 24 countries worldwide.

Mattamy Homes Reports Record New Home Sales at Their Azalea Cove Community in Orlando

WINTER PARK, Fla. --- In just over two weeks after its grand opening weekend, Mattamy Homes, based in Winter Park, reports it sold 27 new single-family homes---more than one-fourth of the entire neighborhood---at Azalea Cove, located on Goldenrod Road in Orlando.

Steve Parker, president of Mattamy Homes U.S. Group, the U.S. division of Canada’s largest home builder, said Mattamy Homes builds one and two-story single-family homes with three or four bedrooms and two or two-and-a-half baths at Azalea Cove.

New homes at Azalea Cove range in size from 1,251 square feet of living space to 2,286 square feet.

Parker said only 69 home sites remain for sale at Azalea Cove, and five new ready-to-move-in homes are currently under construction.

Two fully-furnished model homes are open to the public daily. New homes at Azalea Cove are priced from $139,990.

Mattamy Homes builds single family and town homes in six Orlando neighborhoods.

About Mattamy Homes U.S. Group
Mattamy Homes www.mattamyhomes.com expanded into the U.S. in 2003 and is headquartered in Winter Park, Fla. with divisions in Orlando, Jacksonville Phoenix, Minneapolis and Charlotte. The homebuilder, the largest and most active in Canada with annual revenues exceeding $1.3 billion was ranked among the highest of all homebuilders in the greater Toronto and Ottawa areas in a nationwide customer satisfaction survey conducted by J.D. Power Associates.

NAI Realvest Completes Renewal Lease Agreement with The Nemours Foundation for its 32,112 Square Feet at La Vina Office at Lake Nona

MAITLAND, Fla. --- NAI Realvest recently negotiated a lease renewal agreement with The Nemours Foundation for 32,112 square feet of office space in Buildings A and B of LaVina Office at Lake Nona, 9145-9161 Narcoossee Rd. in southeast Orlando.

Senior Broker Associate Mary Frances West, CCIM negotiated the transaction representing Ripley’s International LLC, the Orlando-based landlord. The building is currently 100 percent occupied.

The Nemours Foundation, headquartered in Jacksonville was represented in the transaction by Mickey Hage of Mickey Hage, Inc.

About NAI Realvest
NAI Realvest, serving 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 350 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 www.nairealvest.com.

NAI Realvest Negotiates Acquisition of 55 homesites in Springleaf residential development

MAITLAND, Fla. – NAI Realvest recently negotiated the acquisition of a 13-acre parcel of residential land on Golf Avenue, west of Nova Road in Ormond Beach.

Chris Butera, senior associate at NAI Realvest covering Volusia and Flagler counties, negotiated the transaction representing the buyer, St. Augustine Ventures. LLC, and the seller Gateway Bank of Florida located in Daytona Beach.

The buyer paid $220,000 for the property comprised of 55 partially developed single-family lots.

About NAI Realvest
NAI Realvest, serving 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 350 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 www.NAIRealvest.com.