NAI Realvest Reports it Closed on 78 Commercial Real Estate Transactions in First Quarter, Revenues up More than 65 Percent

MAITLAND - NAI Realvest, which ranks as one of the region’s largest commercial real estate companies, reported it closed on 78 commercial property leasing and sales transactions during the first quarter that ended March 30.

Patrick Mahoney, president of NAI Realvest, said the dollar value of transactions during the first quarter increased by more than 65 percent over the same period last year.

The largest sale transaction of the quarter was worth $4 million for a 46-acre Palm Coast site negotiated by NAI Realvest managing partner Paul P. Partyka and associate Chris Butera. The sale was ranked as the largest land sale in the Palm Coast area in the last two years.

Mahoney said the largest lease transaction for the firm’s first quarter was for 86,000 square feet at Orlando Central Park, leased to Bologna, Italy based manufacturer Pelliconi Group, and negotiated by the NAI Realvest Industrial Team of Robert Blackwell, SIOR, Sean DuPree, CCIM and Jim Murr.

For more information, contact:
Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com; George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com

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 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 www.nairealvest.com.

Lennar’s Central Florida Division unveils May Realtor Bonus Offer worth $5,000 For Each New Home Sold with Progressive Commissions

Lennar’s Central Florida Division unveils May Realtor Bonus Offer worth $5,000 For Each New Home Sold with Progressive Commissions and $10,000 Shopping Spree

TAMPA, Fla. - Lennar’s Central Florida Division, which builds new single-family homes and town homes priced from the $100s to the $400s in 32 Lennar communities throughout the Tampa Bay, Orlando and Space Coast regions, is offering the Florida home building industry’s most generous Realtor bonus program during the month of May.

Mark Metheny, president of Lennar’s Central Florida Division, said local Realtors who sell new homes in all 31 Lennar communities in Central Florida will be offered a $5,000 cash bonus for all homes sold and closed during May in addition to their co-broker commission.

And that’s not all, Metheny said.

“Realtors who sell more than one Lennar home during the month of May will receive bigger commissions,” Metheny said. “For the first home sold and closed, the co-broker commission is 3 percent. For the second home, it’s 3.5 percent, for the third, 4 percent, fourth 4.5 percent and for the fifth and subsequent homes sold and closed Realtors will receive 5 percent commission,” Metheny explained.

And there’s more.

“The top 10 Realtors will receive shopping sprees worth up to $10,000,” Metheny said. Lennar’s Central Florida Division will choose the top 10 Realtors based on the dollar volume of sales that go to contract and close between May and November, Metheny added.

Metheny said Lennar’s Realtor Bonus program could generate as many as 500 to 700 new home sales during that time period.

“May is the start of the busy summer selling season for new homes,” Metheny said. “Local Realtors in our communities account for as many as half of all home sales and we want to reward them for their efforts,” he said.

Contact:
Jassy Friddle, Marketing Manager Lennar, 888-317-7489 orMark Metheny, Lennar Division President-Central Florida, 888-317-7489;

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, Lvershelco@aol.com