Stirling Sotheby’s International Realty Reports Prices for Single Family Homes, Condominiums on the Rebound in Downtown Orlando

ORLANDO, Fla. --- Stirling Sotheby’s International Realty reports that inventories of available homes and condominiums for sale are at a six year low and prices for single family homes and condominiums in the downtown Orlando area appear to be on the rebound.

A recent market study by Stirling Sotheby’s Luxury Homes Specialist Jane Scrima shows that 73 single family homes are currently listed for sale in the Downtown Orlando area at an average price of $164.42 per square foot.

Scrima reported that 61 single family homes have sold in the Downtown Orlando area so far this year at an average sales price of $127.36 per square foot.

Sixteen single family homes sold during May at an average square foot price of $128.71

Scrima reported that 34 condominiums are currently listed for sale in the Downtown Orlando area at an average asking price of $234.60 per square foot.

From January through May 80 condominiums have sold in the downtown district at an average price of $141.72 per square foot.

Scrima said 15 condominiums sold during May at an average of $141.04 per square foot.

“We are definitely seeing an uptick in the average sale price of homes in the downtown area,” said Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty.

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

Ashton Woods Homes starts presales of two story condominiums with resort style amenities at Lake Burden in Windermere, Construction to start by Dec. 1

ORLANDO - Ashton Woods Homes will start presales in December of two story luxury condominiums with resort style amenities at Lake Burden, located off SR 535 in Windermere.

Michael Roche, vice president of sales and marketing at Ashton Woods Homes in the Orlando region, said the home builder will build 36 three bedroom condominiums at Lake Burden that range in size from 1,390 square feet of living space to 1,573 square feet.

Ashton Woods’ condominiums at Lake Burden feature two-and-a-half baths and are priced from the $130s.

Roche said construction of the first 36 planned luxury condominiums will start Dec. 1.

Ashton Woods Homes is a subsidiary of the Great Gulf Group of Companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Austin, Houston, Dallas, Atlanta, Raleigh, Phoenix, Tampa, Denver and Orlando. * * *

For more information, contact: Michael Roche, VP Sales & Marketing Ashton Woods Homes-Orlando 407-647-3700; John Reny, President, Ashton Woods Homes-Orlando 407-647-3700; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Emerson Plaza II reports only 15 Luxury condominiums remain for lease

ALTAMONTE SPRINGS – Emerson International, which is developing the 12-story Emerson Plaza luxury condominium towers overlooking Crane’s Roost at CenterPointe on the Park in Uptown Altamonte, reports only 15 luxury condominium units remain for lease in the Emerson Plaza II tower.

Eric Emerson, vice president and general manager of Emerson International, announced that the developer would lease luxury condominium units at Emerson Plaza II when the 118-unit building opened some four months ago.

Strong leasing activity has surprised even Emerson.

“We projected sufficient demand for luxury residences at Emerson Plaza but we did not anticipate demand was so strong,” Emerson said. He projects the Emerson Plaza II tower will lease up within the next 90 days.

The Melrose Sovereign Companies are handling leasing activity.

For more information, contact: Eric J. Emerson, Vice President and General Manager Emerson International, Inc. 407-834-9560; ejemerson@emerson-us.com

About Emerson International: 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 in the U.K.

Hands-On Management, Custom Solutions and Quick Response Are Winning Strategies for Melrose-Sovereign

ORLANDO - With vacancies at rental apartment communities in Florida at an all-time high, Melrose-Sovereign, based in Orlando, is establishing itself as one of the state’s fastest-growing community management firms with a strategy that includes hands-on property management, custom solutions and quick response to fast-changing issues. The result–higher occupancies.

Rebecca Shaffrey, recently named Vice President of Property Management at Melrose- Sovereign’s Multi-Family Division, said the firm values its standing as a boutique management company.

“Boutique management companies have less overhead, so we can charge less for our services,” Shaffrey said. “We have fewer management layers, so we can respond quickly to market conditions and design custom solutions that produce results,” she added.

Shaffrey said record vacancies are a result of a non-traditional housing market.

“In the past, condominiums competed with new single-family homes for buyers,” Shaffrey said.

“The huge wave of condo conversions five years ago resulted in thousands of investor-owned condominiums in the market that are now competing with rental communities for the same renters,” Shaffrey explained.

“Traditional apartment management companies are having trouble keeping up with current market conditions,” Shaffrey said. “Companies that rely on their traditional business models can’t compete in this fast-evolving, non-linear environment. No two communities are alike and therefore, each needs a specific strategy if rents and occupancies are to remain high. We are able to respond quickly, identifying and implementing unique strategies for finding new renters and keeping the ones we have. This requires your most talented, well-trained and highly motivated management people on the ground, and in the rental office every day,” Shaffrey said.

For more information, contact: Rebecca Shaffrey, Vice President of Property Management, Melrose-Sovereign, 407-228-4181; rshaffrey@melrose-sovereign.com; Jack B. Hanson, LCAM, Partner/Co-founder, Melrose-Sovereign, 407-228-4181, jhanson@melrose-sovereign.com or Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign, 407-228-4181, elumpkin@melrose-sovereign.com

Stirling Sotheby’s International Realty Posts Sale of $800,000 Luxury Condominium at Vizcaya in Southwest Orlando

ORLANDO - Stirling Sotheby’s International Realty in Orlando recently reported the $800,000 sale of a four-bedroom, three-bath luxury penthouse condominium at Vizcaya, located off Sand Lake Road and S.R. 535 in southwest Orlando.

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said Rolf Nonnast of the firm’s Windermere/Dr. Phillips office negotiated the sale.

The condominium, Unit 37 in The Esplanade, offers 3,515, square feet of living space and a lakefront view. The unit was formerly listed at $849,000.

“Exceptional luxury homes and condominiums have been less affected by the real estate downturn than the middle price ranges,” Soderstrom explained. “Sales and listings have slowed somewhat, but luxury property transactions are still taking place,” he said.

Nonnast recently posted a new listing in the same area — a 4,373-square foot luxury home at 8718 Southern Breeze Drive in The Estates at Phillips Landing, a gated luxury community off Dr. Phillips Blvd. in southwest Orlando. The five-bedroom, four-bath home features two-story Mediterranean architecture with a private tropical pool and spa listed for $1.055 million.

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

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

Worldwide Auction Realty Services to conduct Auction of 29 Condominiums and 13 Townhomes at the Luxury Venetian Bay Community in New Smyrna Beach

ORLANDO, Fla. - Worldwide Auction Realty Services, based in Orlando, will conduct an auction of 29 luxury condominiums and 13 townhomes at the luxury Venetian Bay development in New Smyrna Beach on Saturday, Oct. 24, at 10 a.m.

The auction will be conducted live in the Venetian Bay Country Club and bids will be accepted worldwide via telephone and the Internet, said Lori Chipps, auctioneer for Worldwide Auction Realty Services.

Chipps said 42 condominiums and townhomes to be auctioned are located near the center of Venetian Bay’s town center and surrounded by lakes, park-like thoroughfares, walkways and nature trails.

Ten of the 42 units will be sold absolute.

The Tuscany Square condominiums – directly adjacent and easily accessible to the pool, Tiki Bar and restaurant – range in size from 1,684 square feet of living space to 2,660 square feet and feature spacious balconies and one and two-car garages. The condominiums previously sold for over $550,000.

The 13 Parkside Townhomes to be auctioned, previously listed at $260,000, feature two bedrooms, two-and-a-half baths in 1,834 square feet of living area with two-car garages and tropical onsite pool.

Chipps said suggested opening bids for the condominiums and townhome units at Venetian Bay will start from $115,000.

Venetian Bay is a spectacular country club community with a town center including restaurants and shops, and 18-hole world class championship golf course. Located northeast of Orlando with grand entranceway off S.R. 44 just west of I-95, Venetian Bay is just 10 minutes to New Smyrna Beach and 25 minutes to the Lake Mary/Heathrow business center and high tech corridor.

The 42 properties at Tuscany Square and Parkside Townhomes are represented by Stirling Sotheby’s International Realty of Orlando.

For more information about the auction or to register to bid live or online, telephone 800-327-1048, visit www.auctionatvenetianbay.com or www.WWAuctionServices.com.

For more information, contact:
Jon & Lori Chipps, Worldwide Auction Realty Services, 800-327-1048;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Lennar Reports Sales of 17 Terrace Condominiums in August at Heritage Bay in Naples, only 20 Terrace Homes remain for sale

NAPLES, Fla. - Lennar’s Southwest Florida Division reports it sold 17 new Terrace Condominiums in August and thus far in September, seven, at Heritage Bay, a gated golf and country club resort community located on Immokalee Rd. east of I-75 in Naples.

Matt Devereaux, director of sales for Lennar’s Southwest Florida division, said only 20 terrace condominiums remain for sale.

New two bedroom, two bath Terrace Condominiums at Heritage Bay offer 1,232 square feet of living space to 1,434 square feet and pricing starts from the mid-$100s.

Membership in the 27-hole Heritage Bay championship golf course is included with each home purchased at the Terrace Condominiums at Heritage Bay, and amenities include a two-story clubhouse that features fine and casual dining, card and meeting rooms, a resort-style swimming pool with a sun deck and a poolside “Chickee Bar.” State-of-the-art fitness facilities and seven lighted Har-Tru tennis courts with stadium seating for tournaments are also among the amenities, Devereaux said.

Eighty percent of the land at Heritage Bay in Naples is comprised of lakes, golf course and preserves, providing beautiful lake and golf views from most homes, Devereaux said.

For more information, contact:
Matt Devereaux, Director of Sales, Lennar-Southwest Florida 239-278-1177
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

Stirling Sotheby’s International Realty Associate Plays Key Role in Auction

ORLANDO, Fla. - Stirling Sotheby’s International Realty recently honored senior business developer Troy Fletcher for his work in negotiating one of the firm’s most successful property auction agreements in 2009.

Fletcher, who joined Stirling Sotheby’s International Realty in mid-2008, worked with developers to secure the agreement to auction off 27 luxury condominiums remaining for sale at Artisan Park condominiums in Celebration.

The auction, which was widely marketed throughout the U.S. and internationally, was a resounding success. All 27 condominiums were sold, generating more than $6 million in sales.

“Troy Fletcher is a talented, enthusiastic executive who is part of the company’s elite Workout Team that focuses on supporting builders, developers and lenders,” said Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty.

For more information about this press release, contact:
Roger Soderstrom, Stirling Sotheby’s International Realty Founder/Owner 407-588-1260
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

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 five performance centers which serve all of Central Florida. Visit www.StirlingSIR.com.

Only Seven Condominiums Remain for Sale Priced from $120,900 at Lakeside Condominiums in Windermere

Only Seven Condominiums Remain for Sale Priced from $120,900 at Lakeside Condominiums in Windermere

ORLANDO, Fla. - Only seven condominiums remain for sale priced from $120,900 at Lakeside Condominiums, located off Chase Road at C.R. 535 in Windermere.

Michael Roche, vice president of sales and marketing for Ashton Woods Homes in the Orlando region, said two and three-bedroom condominiums at Lakeside Condominiums range in size from 1,161 square feet of living space to 1,455 square feet.

Ashton Woods Homes opened Lakeside Condominiums in 2005 with 380 condominium units, Roche said.

Lakeside Condominiums, over looking Lake Burden, features resort-style amenities that include a large community clubhouse with billiards, a state-of-the-art fitness center, community swimming pool, sand volleyball court, and outdoor barbeque fireplace.

For more information, contact:
Michael Roche, VP Sales & Marketing Ashton Woods Homes-Orlando/Tampa, 407-647-3700;
John Reny, President, Ashton Woods Homes-Orlando/Tampa 407-647-3700;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

About Ashton Woods Homes:
Ashton Woods Homes is a subsidiary of the Great Gulf Group of Companies, a North American real estate conglomerate headquartered in Toronto, and currently has communities under development in Houston, Dallas, Atlanta, Phoenix, Tampa, Denver and Orlando.

Lennar Reports Sales of Eight Terrace Condominiums in One Week at Heritage Bay in Naples

Lennar Reports Sales of Eight Terrace Condominiums in One Week at Heritage Bay in Naples

NAPLES, Fla. - Lennar reports it recently sold eight Terrace Condominiums in one week at Heritage Bay, located on Immokalee Rd. east of I-75 in Naples.

Matt Devereaux, director of sales for Lennar’s Southwest Florida division, said all eight sales were in Building 15, which won’t open until November.

Only nine Terrace Condominiums at Heritage Bay remain for sale in Building 15 priced from the mid-$100s.

Three Terrace Condominium floor plans are available, with two and three bedrooms and two baths, Devereaux said.

New home buyers at Terrace Condominiums at Heritage Bay receive free membership in the 27-hole Heritage Bay championship golf course, which includes country club and tennis memberships and privileges at the Heritage Bay spa and fitness center.

The spectacular Heritage Bay community center with its two-story clubhouse also features fine and casual dining, resort-style swimming pool with a poolside “Chickee Bar,” seven lighted Har-Tru tennis courts with stadium seating, Devereaux said.

“We have created a resort-style community at Heritage Bay at spectacular pricing and value,” Devereaux said.

For more information, contact:
Matt Devereaux, Director of Sales, Lennar-Southwest Florida 239-278-1177
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

Melrose-Sovereign Companies Awarded Contract to Manage Hyer House Condominiums in Downtown Orlando

Melrose-Sovereign Companies Awarded Contract to Manage Hyer House Condominiums in Downtown Orlando

ORLANDO, Fla. - Melrose-Sovereign Companies, which ranks as one of Florida’s largest community management companies, was recently awarded a contract to manage the Hyer House Condominiums, located on Hyer Ave. in downtown Orlando.

Ellen Lumpkin, co-founder and partner at Melrose-Sovereign Companies, said Hyer House is a residential condominium complex within walking distance of Lake Davis and Thornton Park.

Jack Hanson, co-founder and partner at Melrose-Sovereign said the firm currently manages properties for more than 150 developers, investors and owners throughout Florida,
Melrose-Sovereign Companies, formed in 2008 with the merger of Melrose Management Group and Sovereign Residential Services in Orlando, currently employs more than 100 property management specialists in offices in Jacksonville, Orlando, Daytona Beach, Tampa, Palm Harbor, Bradenton/Sarasota, Port Charlotte and Fort Myers.

For more information contact:
Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, elumpkin@melrose-sovereign.com
Jack B. Hanson, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, jhanson@melrose-sovereign.com
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, Lvershelco@aol.com

Lennar Has 41 Terrace Condominiums under Construction, Priced from under $150,000, Ready by Dec. 1 -- With Golf

Lennar Has 41 Terrace Condominiums under Construction, Priced from under $150,000, Ready by Dec. 1 -- With Golf

NAPLES, Fla. - Lennar has 41 luxury terrace condominiums under construction now that will be ready by Dec. 1 with top model upgrades at its gated Heritage Bay Golf & Country Club community located on Heritage Bay Blvd. off Immokalee Rd. in Naples.

Matt Devereaux, director of sales for Lennar’s Southwest Florida Division, said two and three-bedroom condominiums with two-and-a-half baths at Heritage Bay Terrace Condominiums are priced from under $150,000 including golf membership at the Heritage Bay Golf Club with a 27-hole championship course designed by Gordie Lewis.

All 41 Heritage Bay Terrace Condominiums are slated to close before Dec. 1, Devereaux said. Some of the top model upgrades offered are clean steel appliances, wood cabinets, Corian countertops and 18-inch tile floors.

Heritage Bay offers resort-style amenities, with a two-story clubhouse featuring fine and casual dining, a resort-style swimming pool with a “Chickee Bar,” a fitness area, and seven lighted Har-Tru tennis courts with stadium seating for tournaments.

Devereaux said more than 70 percent of the land at Heritage Bay is comprised of lakes, golf course and preserves, with exceptional lake and golf views.

For more information, contact:
Matt Devereaux, Director of Sales, Lennar-Southwest Florida 239-278-1177
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

Several New Beach Street Courtyard Condominiums in Downtown Daytona Beach Now Available for Lease

Several New Beach Street Courtyard Condominiums in Downtown Daytona Beach Now Available for Lease

DAYTONA BEACH – If you toured the Beach Street Courtyard condominiums earlier this year and fell in love with the luxurious two-story loft homes but came down with a slight case of sticker shock, you now can take one of the upscale homes for a test drive before committing to buy.

Three of the 12 units atop more than 8,000 square feet of retail space at 128 S. Beach St. now are available as rentals, according to Aswin Suri, owner of EXIT Realty of Daytona. Suri is marketing the upscale mixed-use development for Richard Friedman’s Chadwick Real Estate Group.

The one- and two-bedroom lofts – which include garages, elevators, terraces and river views – range in size from 1,304 to 2,135 square feet of living space, Suri said. Rental prices range from $960 to $1,620 per month.

The Beach Street Courtyard project – which has been heralded by some city officials as the “new urbanism” in an aging downtown area – pairs the loft town homes with first-floor commercial space that will include a 5,000-square-foot restaurant with features such as al fresco dining in a cobblestone courtyard. Commercial space is available for lease as well.

Beach Street Courtyard condominiums, situated across the street from a city park, stand out from other developments for their location, amenities, as well as a multitude of pricy upgrades: granite countertops, energy-efficient stainless steel Viking appliances, polished hardwood floors, custom cabinets and doors, travertine tile, cathedral ceilings, premium hardware, Berber carpeting, ceiling fans, interior sprinkler systems and high-grade category 5 data/video/audio and telephone lines.

All of the units at Beach Street Courtyard remain for sale with prices ranging from $399,000 to $599,000. The leased units should be particularly attractive to investors who are interested in purchasing a luxury loft as income-producing property, Suri said.

For details on how you can make 128 S. Beach St. your new home address, contact Aswin Suri or Natali Levine, EXIT Realty at 386-257-3948.

For more information about this release, please contact:
Aswin Suri or Natali Levine, EXIT Realty of Daytona, 386-257-3948
Charlene Hager-Van Dyke, LV Communications, 386-837-8780 or 407-644-4142

Concordia Cape Coral opens Two Luxury Models Priced from the $70s, Second Phase under Development– 49 condominiums have sold within last 60 days

Concordia Cape Coral opens Two Luxury Models Priced from the $70s, Second Phase under Development– 49 condominiums have sold within last 60 days

CAPE CORAL, Fla. - Concordia Cape Coral, the master-planned luxury condominium community Concord Wilshire Realty is selling, has opened two professionally decorated model condominiums priced from the $70s.

Andy Garrett, managing director at Concordia Cape Coral, located off Del Prado Blvd. and Kismet Parkway, said one, two and three-bedroom condominiums at Concordia Cape Coral range in size from 1,182 square feet of living space to 1,642 square feet.

New condominiums at Concordia Cape Coral are priced from $76,830 to $128,076, Garrett said.
Over the past 60 days, Concordia Cape Coral has sold 49 condominiums at an average sale price of $91,000, Garrett said.

Only 43 condominiums remain for sale in the first phase. Construction of a second phase with 170 condominiums is nearly complete, and is planned to be released within the next 30 days.
Concordia Cape Coral will ultimately include 340 luxury condominiums with attached garages, surrounding a five-acre lake, with a Mediterranean-style clubhouse that features a tropical club room furnished for group and individual gatherings, state-of-the-art fitness center, and a large swimming pool and Jacuzzi overlooking the lake.

Details, floorplans and pricing are available at http://www.concordiasales.com/, 239-214-2323 or info@concordiasales.com.

For more information, contact:

Susan Lucia, Marketing Director, Concord Wilshire Realty, LLC, 850-581-0766, s.e.lucia@hotmail.com

Steve Sirang, Chief Executive Officer, Concord Wilshire Companies 310-471-2400, ssirang@concordwilshire.com

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

Bouchelle Island Construction of 60 New Luxury Condominiums by DiMucci Companies to get underway by fall

Bouchelle Island Construction of 60 New Luxury Condominiums by DiMucci Companies to get underway by fall

NEW SMYRNA BEACH, Fla. - The DiMucci Companies will start construction of 60 condominiums in the fall at Bouchelle Island, the luxury condominium community DiMucci is developing in New Smyrna Beach off SR 44 (South Causeway) overlooking the Intracoastal Waterway.

Tony DiMucci, president of The DiMucci Companies, said the two and three-bedroom condominiums will range in size from 1,600 square feet of living space to 2,300 square feet.

Luxury condominiums at Bouchelle Island are priced from the $180s to more than $300,000.

For more information, contact:
Corinne LeClaire, Broker DiMucci Realty Company 386-322-2000
Larry Vershel Communications, Larry Vershel or Beth Payan 407-644-4142

Home Sales Hottest in Three Market Sectors: Distressed Sales, First-Time Buyers and Vacation Homes

Home Sales Hottest in Three Market Sectors: Distressed Sales, First-Time Buyers and Vacation Homes

ORLANDO, Fla. - Central Florida home sales may still leave a lot to be desired but three market segments are warming up fast, according to Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty in Orlando.

“About half of all home sales in the Central Florida market today qualify as distressed sales,” said Soderstrom. “These include short sales and foreclosures,” he said.

That’s no secret, Soderstrom said, but two emerging market segments are much more promising.

“First-time home buyers seeking houses priced under $400,000 are mostly younger buyers, under 34, who were priced out of the market from 2004-2007, but are now able to purchase a home due to a 40-50 percent drop in the median sale price,” Soderstrom said.

Today’s up to $8,000 tax credit for first time home buyers is also enhancing current sales activity, he said.

Families seeking vacation homes, pre-retirement and retirement homes are starting to heat up the market, Soderstrom added.

“Many Americans, Canadians and U.K. residents are looking for homes priced from $125,000 to just under $300,000,” Soderstrom said, “and generally they prefer new homes or recently built homes and condominiums.”

“We are seeing substantially more activity in all three of these market sectors, but at the same time we’re seeing some recovery in the upper tier – $1,000,000 to $3,000,000 range – that Stirling Sotheby’s International Realty (http://www.stirlingsir.com/) is most recognized for. There are some amazing values and opportunities in the market right now and I don’t know when it will be a better time to buy a home,” he explained.

“It will be many years before we see a return to 2005 levels but we are seeing many bright spots here and there,” Soderstrom said.

For more information please contact
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-588-1260

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

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, worldwide auctions, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates five performance centers which serve all of Central Florida.

Melrose-Sovereign Companies Awarded two new Management Contracts at Apartment Communities in Southeast and Southwest Orlando

Melrose-Sovereign Companies Awarded two new Management Contracts at Apartment Communities in Southeast and Southwest Orlando

ORLANDO, Fla. - Melrose-Sovereign Companies, the Orlando-based real estate management firm that specializes in rental apartment communities, condominiums and homeowner associations, was awarded contracts to manage two rental apartment communities in Orlando.

Ellen Lumpkin, LCAM, co-founder and partner at the firm with Jack Hanson, said the new management assignments include:

Waterford Landings, where Melrose-Sovereign will manage 72 of the 200 plus units at the community on Alafaya Trail in southeast Orlando; and at Walden Palms, Melrose-Sovereign will also manage a cluster of 72 apartments in the community of over 200 units located off Conroy-Windermere Road near the Mall at Millennia.

Melrose-Sovereign Companies currently manages properties for more than 150 developers, investors and owners throughout Florida. The firm employs more than 100 property management specialists with offices in Jacksonville, Orlando, Tampa, Palm Harbor, Bradenton/Sarasota, Port Charlotte and Fort Myers.

For more information, contact:
Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, mailto:elumpkin@melrose-sovereign.com%20Jack
Jack B. Hanson, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, jhanson@melrose-sovereign.com
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, Lvershelco@aol.com

Small Bay Partners to Start Construction of First Phase of Industrial Facility in Southeast Orlando

Small Bay Partners to Start Construction of First Phase of Industrial Facility in Southeast Orlando

ORLANDO, Fla. – Small Bay Partners, LLC, which ranks as one of the region’s most active developers of industrial facilities for small bay users, plans to start construction on the first phase of a new CommerCenter project at 7629 Narcoossee Road (just North of the Beachline Expressway) in southeast Orlando before the end of the year.

Howard Schieferdecker, one of the principals in the firm, said Small Bay is taking a fresh approach with its new project.

Along with industrial space, the firm plans to develop 14,000 square feet of retail space and 106,000 square feet of industrial condominiums in the 120,000 square foot CommerCenter facility.

The first phase will include 57,000 square feet, Schieferdecker said, including all of the planned retail space.

Small Bay Partners has developed more than 500,000 square feet of industrial space in four Central Florida locations in Sanford, Winter Garden, South and East Orlando.

Small Bay reports it has sold some 33,150 square feet of space – 45 percent of the condo space available – in the fourth phase at Monroe CommerCenter in Sanford.

Schieferdecker said 40,500 square feet of space remains for sale at Monroe CommerCenter IV with the total project being 73,650 square feet of small bay industrial space.

For more information contact:
Howard Schieferdecker, Principal Small Bay Partners, LLC 407-702-3131, haschief@aol.com;
Geof Longstaff, Principal Small Bay Partners, LLC - 407-786-5040; glongstaff@mercantilecc.com;
George Livingston, Principal, Small Bay Partners LLC - 407-857-9989 glivingston@realvest.com;
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Stirling Sotheby’s International Realty Launches Rental Lifestyles Residential Property Management Services, Appoints Peter Voigt Performance Director

Stirling Sotheby’s International Realty Launches Rental Lifestyles Residential Property Management Services, Appoints Peter Voigt Performance Director

ORLANDO, Fla. - Stirling Sotheby’s International Realty has launched Rental Lifestyles, a five star property management service that will focus on leasing luxury and executive homes, town homes and condominiums.

Roger Soderstrom, owner and founder of Stirling Sotheby’s International Realty, said he appointed Peter Voigt performance director of Rental Lifestyles. (http://www.cflrentals.com/)

Voigt, a licensed real estate broker who majored in Marketing at the University of Central Florida, has more than nine years of experience. He was formerly affiliated with Orlando Rental Store, LLC, and Big Apple International Realty in Longwood.

“Rental Lifestyles will bring an entirely new rental concept to Central Florida that will offer clients a manner of living that reflects their values and attitudes,” said Soderstrom.

Soderstrom said Stirling Sotheby’s Rental Lifestyles will provide residents personal contact with a professional Lifestyle Consultant that will assist them in finding the right neighborhood, amenities and the lifestyle they’re looking for, as well as ongoing services and support they may require in the future.

“It is our commitment to provide every customer with five star service and place them in a property that fits their budget,” Soderstrom said.

“With our marketing scope and Sotheby’s International Realty affiliation, we are in a unique position to offer rental property owners an enormous market base that includes U.S. and international clients,” Soderstrom said.

For more information please contact:

Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-588-1260

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

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, worldwide auctions, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates five performance centers which serve all of Central Florida.

Melrose Sovereign Companies appoints new property manager, three new leasing agents

Melrose Sovereign Companies appoints new property manager, three new leasing agents

ORLANDO, Fla. - Melrose Sovereign Companies, the Orlando-based real estate management firm that specializes in rental apartment communities, condominiums and home owner associations, recently appointed a new property manager and three new leasing agents.

Ellen Lumpkin, LCAM, co-founder and partner at the firm, said Belinda Diaz was recently appointed property manager. She has been in the real estate industry for 11 years.

New leasing agents are Kyla Lacey, Yuri Abad and Porsche Merino.

For more information, contact:
Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, elumpkin@melrose-sovereign.com
Jack B. Hanson, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, jhanson@melrose-sovereign.com
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, Lvershelco@aol.com