ORLANDO - The Orlando office of Hendricks & Partners, the nation’s largest multi-family advisory and research firm, reported it negotiated sales of 10 apartment properties in 2010 that total 3,302 units in the Southeast.
Cole Whitaker, partner who heads the Orlando office of Hendricks & Partners and oversees the firm’s operations throughout the Southeast, said he and associate partner Hal Warren negotiated all 10 multi-family property sales as well as sales of three Florida development sites that total 402 acres.
Multi-family property sales included two student housing properties, Whitaker said.
“We project that transactions involving apartment properties will increase in 2011 as the economy improves,” Whitaker said.
“We don’t foresee significant new construction region-wide,” Whitaker said, “however, in certain submarkets in the southeast, it makes sense to consider new multi-family development and we expect to see some new construction,” he said.
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For more information contact: Cole Whitaker, Southeast Partner, Hendricks & Partners 407-218-8880 cwhitaker@HPAPTS.com; Hal Warren, Associate Partner, Hendricks & Partners 407-218-8881 hwarren@HPAPTS.com
Showing posts with label multi. Show all posts
Showing posts with label multi. Show all posts
Friday, February 25, 2011
Tuesday, February 15, 2011
Avalon Park Group Acquires 69 Single and Multi-Family Homes in Kaiserslautern, Germany
ORLANDO - Avalon Bauprojekte GmbH, the Swiss subsidiary of Florida based Avalon Park Group recently acquired 69 single and multi family homes in Kaiserslautern, Germany near Ramstein Airbase, 80 miles south of Frankfurt.
Beat Kahli, who heads Avalon Park Group, said all of the homes are currently leased to U.S. Air Force personnel and their families.
The nearby Kaiserslautern Military community is the largest U.S. military community outside the U.S.
Kahli said Avalon Bauprojekte GmbH paid $16 million for the property.
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For more information contact: Beat Kahli, Owner/Founder, Avalon Park Group, 407-658-6565; Stephanie Hodson, Marketing Director, Avalon Park Group, 407-658-6565
Beat Kahli, who heads Avalon Park Group, said all of the homes are currently leased to U.S. Air Force personnel and their families.
The nearby Kaiserslautern Military community is the largest U.S. military community outside the U.S.
Kahli said Avalon Bauprojekte GmbH paid $16 million for the property.
* * *
For more information contact: Beat Kahli, Owner/Founder, Avalon Park Group, 407-658-6565; Stephanie Hodson, Marketing Director, Avalon Park Group, 407-658-6565
Thursday, February 3, 2011
Data Transfer Solutions, LLC Awarded Contract to Develop Web-based GIS Applications to Support the National Center for Safe Routes to School Program
ORLANDO - Data Transfer Solutions, LLC (DTS), based in Orlando’s Avalon Park, was recently awarded a contract valued at $35,000 to develop a web-based GIS application to support the National Center for Safe Routes to School.
A.M. “Trey” Fragala III, AICP, PMP, chief operating officer at Data Transfer Solutions, said the firm serves as a sub-consultant to Toole Design Group, one of the nation’s leading planning and design firms specializing in multi-model transportation.
DTS provides asset management, Geographic Information Systems (GIS), transportation planning/engineering, web design, database/software applications, and video and multi media production services to local governments and regional and state agencies throughout the U.S.
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For more information, contact: A. M. “Trey” Fragala, III, AICP, PMP, Chief Operating Officer, Data Transfer Solutions, 3680 Avalon Park East Blvd., Suite 200, Orlando, FL 32828; 407-382-5222; tfragala@edats.com
A.M. “Trey” Fragala III, AICP, PMP, chief operating officer at Data Transfer Solutions, said the firm serves as a sub-consultant to Toole Design Group, one of the nation’s leading planning and design firms specializing in multi-model transportation.
DTS provides asset management, Geographic Information Systems (GIS), transportation planning/engineering, web design, database/software applications, and video and multi media production services to local governments and regional and state agencies throughout the U.S.
* * *
For more information, contact: A. M. “Trey” Fragala, III, AICP, PMP, Chief Operating Officer, Data Transfer Solutions, 3680 Avalon Park East Blvd., Suite 200, Orlando, FL 32828; 407-382-5222; tfragala@edats.com
Tuesday, November 23, 2010
Hendricks & Partners and The Oakley Group Negotiate Sale of Large Birmingham Ala. Apartment portfolio for $32,100,000
ORLANDO - Hendricks & Partners, one of the nation’s largest multifamily advisory and research firms and The Oakley Group co-listed and negotiated the sale of the Highland Multi-Family Portfolio of apartment properties in Birmingham for $32,100,000.
Cole Whitaker, who heads the Southeast region for Hendricks & Partners in Orlando, said Abbey Residential, LLC of Birmingham acquired the portfolio, which includes 1,782 apartment units, and ranks among the largest unit sales in Birmingham history.
The portfolio includes three apartment communities, Highland Peak, with 585 apartments at 114 Aspen Circle in Homewood, Highland View with 644 units located at 700 Aspen Drive in Birmingham and Highland Bluff with 553 apartment units at 200 Robert Jemison Drive in Birmingham
“The Highland Multi-family Portfolio sale points to the strength of the Birmingham market,” Whitaker said. “Market response to this offering was exceptionally strong, and all of us are pleased that the properties were acquired by a Birmingham company,” he said.
“We are very appreciative of the support Hendricks & Partners and The Oakley Group provided in achieving the 30-day due diligence period and contract parameters to close this transaction in 60 days, said J. Frank Barefield, Jr., president of Abbey Residential, LLC. “That is a very difficult task for 1,782 distressed units,” he added.
“Abbey Residential was the perfect fit for this deal,” said David Oakley. “They did exactly what they said they would do throughout the entire process—there were no retrades and no extensions. That goes a long way in our industry and demonstrates the high standards of Abbey Residential,” Oakley explained.
Whitaker headed the Hendricks & Partners team that negotiated the sale along with associate partner Hal Warren of Orlando, and Associates John Clayton, Aaron Hargrove and Tim McKay who work out of Hendricks & Partners south central office. Hendricks & Partners and The Oakley Group represented the seller REDUS Alabama Commercial, LLC (Wells Fargo Bank, N.A.) of Atlanta, Charlotte and Los Angeles.
* * *
For more information, contact: Cole Whitaker, Managing Partner, Hendricks & Partners 407-256-9594; David Oakley, The Oakley Group, Inc. 205-918-0785; Hal Warren, Associate Partner, Hendricks & Partners 407- 256-9594; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
About Abbey Residential, LLC: Abbey Residential, LLC a privately held multifamily property owner headquartered in Birmingham, Ala., owns 8,000 units in Texas, Alabama, Georgia, Florida and South Carolina valued at over a half billion dollars. Abbey has been in business for over 26 years and is active in acquiring existing properties to be repositioned as well as the construction of new multifamily properties.
About Hendricks & Partners: Hendricks & Partners is the nation’s largest multifamily advisory and research firm. Since its inception, the firm has delivered the industry’s finest marketing and research platform by focusing exclusively on multifamily owners, multifamily properties, and the nation’s apartment markets. This focus allows the firm to create the most efficient apartments-only marketplace, as well as recruit expert advisors, research professionals and support staff to ensure that every innovation, from new marketing techniques to the collection of market data, achieves maximum value for apartment owners, investors, lenders and servicers.
About the Oakley Group:The Oakley Group, Inc. is a commercial real estate firm with a primary focus on multi-family brokerage and management services based in Birmingham, Alabama. With our unsurpassed local market knowledge and relationship network, The Oakley Group strives to provide quality service to both institutional and private investors. Our approach is simple; offer a realistic assessment of property value, provide quality management services to both residents and owners, and work through every detail with honesty and integrity. Because our primary focus is on multi-family we have the capability to deliver brokerage services seamlessly and efficiently by individualizing each client’s goals and objectives.
Cole Whitaker, who heads the Southeast region for Hendricks & Partners in Orlando, said Abbey Residential, LLC of Birmingham acquired the portfolio, which includes 1,782 apartment units, and ranks among the largest unit sales in Birmingham history.
The portfolio includes three apartment communities, Highland Peak, with 585 apartments at 114 Aspen Circle in Homewood, Highland View with 644 units located at 700 Aspen Drive in Birmingham and Highland Bluff with 553 apartment units at 200 Robert Jemison Drive in Birmingham
“The Highland Multi-family Portfolio sale points to the strength of the Birmingham market,” Whitaker said. “Market response to this offering was exceptionally strong, and all of us are pleased that the properties were acquired by a Birmingham company,” he said.
“We are very appreciative of the support Hendricks & Partners and The Oakley Group provided in achieving the 30-day due diligence period and contract parameters to close this transaction in 60 days, said J. Frank Barefield, Jr., president of Abbey Residential, LLC. “That is a very difficult task for 1,782 distressed units,” he added.
“Abbey Residential was the perfect fit for this deal,” said David Oakley. “They did exactly what they said they would do throughout the entire process—there were no retrades and no extensions. That goes a long way in our industry and demonstrates the high standards of Abbey Residential,” Oakley explained.
Whitaker headed the Hendricks & Partners team that negotiated the sale along with associate partner Hal Warren of Orlando, and Associates John Clayton, Aaron Hargrove and Tim McKay who work out of Hendricks & Partners south central office. Hendricks & Partners and The Oakley Group represented the seller REDUS Alabama Commercial, LLC (Wells Fargo Bank, N.A.) of Atlanta, Charlotte and Los Angeles.
* * *
For more information, contact: Cole Whitaker, Managing Partner, Hendricks & Partners 407-256-9594; David Oakley, The Oakley Group, Inc. 205-918-0785; Hal Warren, Associate Partner, Hendricks & Partners 407- 256-9594; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
About Abbey Residential, LLC: Abbey Residential, LLC a privately held multifamily property owner headquartered in Birmingham, Ala., owns 8,000 units in Texas, Alabama, Georgia, Florida and South Carolina valued at over a half billion dollars. Abbey has been in business for over 26 years and is active in acquiring existing properties to be repositioned as well as the construction of new multifamily properties.
About Hendricks & Partners: Hendricks & Partners is the nation’s largest multifamily advisory and research firm. Since its inception, the firm has delivered the industry’s finest marketing and research platform by focusing exclusively on multifamily owners, multifamily properties, and the nation’s apartment markets. This focus allows the firm to create the most efficient apartments-only marketplace, as well as recruit expert advisors, research professionals and support staff to ensure that every innovation, from new marketing techniques to the collection of market data, achieves maximum value for apartment owners, investors, lenders and servicers.
About the Oakley Group:The Oakley Group, Inc. is a commercial real estate firm with a primary focus on multi-family brokerage and management services based in Birmingham, Alabama. With our unsurpassed local market knowledge and relationship network, The Oakley Group strives to provide quality service to both institutional and private investors. Our approach is simple; offer a realistic assessment of property value, provide quality management services to both residents and owners, and work through every detail with honesty and integrity. Because our primary focus is on multi-family we have the capability to deliver brokerage services seamlessly and efficiently by individualizing each client’s goals and objectives.
Tuesday, February 23, 2010
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
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
Friday, February 5, 2010
Melrose Sovereign Companies’ Hands-On Management Style Nets 10 Percent Annual Revenue Growth despite Recession
ORLANDO- Melrose-Sovereign Companies, the Orlando firm that ranks as one of Florida’s largest community and condominium association management companies with offices statewide and more than 80 employees, reports 10 percent growth in revenues since its merger two years ago despite a recession that has hit the real estate industry particularly hard.
The company currently manages more than 170 condominium and community associations statewide with 2,500 individual homes.
Jack Hanson, LCAM, co-founder and partner at Melrose-Sovereign Companies, said revenues grew from $4 million in 2008 to more than $4.5 million in 2009. Revenues in 2010 should surpass the $5 million mark, Hanson said.
Hanson said the firm’s success can be attributed to a personal, hands-on management style.
Hanson and co-founder and partner Ellen Lumpkin, LCAM, are personally involved in the management of every community and condominium association statewide.
“We personally visit every community from Jacksonville to Fort Myers to Fort Lauderdale, and we play a daily hands-on role in the management of each association,” Hanson said.
Lumpkin said the firm’s ‘boutique’ management style is one of its most powerful resources.
“In this economy, every client is looking for authentic value,” Lumpkin said. “They want to talk with someone who can show them some results today,” Lumpkin explained.
That means a lot of statewide travel. Lumpkin estimates she’s on the road about half the time.
“We’ve tried to infuse our whole company with a fanatical attention to detail and follow-through,” Hanson said.
“The difference between a balloon economy and a real economy is real people responding with real results day-in and day-out consistently,” Hanson said.
Melrose-Sovereign Companies, formed in 2008 with the merger of Melrose Management Group and Sovereign Residential Services in Orlando, employs more than 80 professionals in offices throughout Florida, including Jacksonville, Orlando, Tampa, Palm Harbor, Bradenton/Sarasota, Port Charlotte, Fort Myers and plans to open a Daytona Beach office this year, Hanson said.
For more information, contact: Jack B. Hanson, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, jhanson@melrose-sovereign.com; Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, elumpkin@melrose-sovereign.com
The company currently manages more than 170 condominium and community associations statewide with 2,500 individual homes.
Jack Hanson, LCAM, co-founder and partner at Melrose-Sovereign Companies, said revenues grew from $4 million in 2008 to more than $4.5 million in 2009. Revenues in 2010 should surpass the $5 million mark, Hanson said.
Hanson said the firm’s success can be attributed to a personal, hands-on management style.
Hanson and co-founder and partner Ellen Lumpkin, LCAM, are personally involved in the management of every community and condominium association statewide.
“We personally visit every community from Jacksonville to Fort Myers to Fort Lauderdale, and we play a daily hands-on role in the management of each association,” Hanson said.
Lumpkin said the firm’s ‘boutique’ management style is one of its most powerful resources.
“In this economy, every client is looking for authentic value,” Lumpkin said. “They want to talk with someone who can show them some results today,” Lumpkin explained.
That means a lot of statewide travel. Lumpkin estimates she’s on the road about half the time.
“We’ve tried to infuse our whole company with a fanatical attention to detail and follow-through,” Hanson said.
“The difference between a balloon economy and a real economy is real people responding with real results day-in and day-out consistently,” Hanson said.
Melrose-Sovereign Companies, formed in 2008 with the merger of Melrose Management Group and Sovereign Residential Services in Orlando, employs more than 80 professionals in offices throughout Florida, including Jacksonville, Orlando, Tampa, Palm Harbor, Bradenton/Sarasota, Port Charlotte, Fort Myers and plans to open a Daytona Beach office this year, Hanson said.
For more information, contact: Jack B. Hanson, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, jhanson@melrose-sovereign.com; Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, elumpkin@melrose-sovereign.com
Monday, February 1, 2010
Melrose-Sovereign Appoints Rebecca Shaffrey Vice President of Property Management in Multi-Family Division
ORLANDO - Melrose-Sovereign Companies, which ranks as one of the largest community management companies in Florida, recently appointed Rebecca Shaffrey vice president of property management for the firm’s multi-family division.
Ellen Lumpkin, LCAM, co-founder and partner at the firm with Jack Hanson, said Shaffrey has more than 20 years of experience in property management. She earned her B.A. Degree from St. Andrews Presbyterian College in Laurinburg, N.C., and completed graduate studies at Virginia Commonwealth University in Richmond, Va.
Melrose-Sovereign Companies manages properties for more than 170 developers, investors and owners throughout Florida. The firm now has eight offices throughout the state.
* * *
For more information contact:
Jack B. Hanson, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, jhanson@melrose-sovereign.com;
Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, elumpkin@melrose-sovereign.com
Ellen Lumpkin, LCAM, co-founder and partner at the firm with Jack Hanson, said Shaffrey has more than 20 years of experience in property management. She earned her B.A. Degree from St. Andrews Presbyterian College in Laurinburg, N.C., and completed graduate studies at Virginia Commonwealth University in Richmond, Va.
Melrose-Sovereign Companies manages properties for more than 170 developers, investors and owners throughout Florida. The firm now has eight offices throughout the state.
* * *
For more information contact:
Jack B. Hanson, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, jhanson@melrose-sovereign.com;
Ellen G. Lumpkin, LCAM, Partner/Co-founder, Melrose-Sovereign Companies, 407-228-4181, elumpkin@melrose-sovereign.com
Monday, November 23, 2009
Grubb & Ellis|Commercial Florida negotiates long-term lease agreement for 37,175 square feet at Tampa multi-tenant facility
TAMPA, Fla. – Grubb & EllisCommercial Florida’s, associated with 130 offices worldwide, recently negotiated a long-term lease agreement for 37,175 square feet of office/warehouse flex space at 8800 Adamo Drive just east of downtown Tampa.
Mia Jarrell, vice president of the Office Group at Grubb & EllisCommercial Florida, negotiated the transaction representing the new tenant, Non Stop Digital Services South, LLC. Non Stop Digital specializes in sales, service and custom manufacture of broadband products for the industrial and retail industries, and is headquartered in Tempe, Ariz.
The landlord at the 379,834 square foot multi-tenant facility is Exeter Property Group, based in Plymouth Meeting, Penn.
# # #
About Grubb & EllisCommercial Florida:
Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 30 brokers divided among its Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace. Visit www.commercialfl.com.
About Grubb & Ellis:
Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through Grubb & Ellis Realty Investors, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges and other real estate investment funds. For more information, visit www.grubb-ellis.com.
Contacts:
Mia Jarrell 813-639-1111
Jeffrey Sweeney 407-481-5387
Larry Vershel 407-644-4142
Mia Jarrell, vice president of the Office Group at Grubb & EllisCommercial Florida, negotiated the transaction representing the new tenant, Non Stop Digital Services South, LLC. Non Stop Digital specializes in sales, service and custom manufacture of broadband products for the industrial and retail industries, and is headquartered in Tempe, Ariz.
The landlord at the 379,834 square foot multi-tenant facility is Exeter Property Group, based in Plymouth Meeting, Penn.
# # #
About Grubb & EllisCommercial Florida:
Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 30 brokers divided among its Tampa, Orlando and Melbourne offices which serve the entire mid-Florida marketplace. Visit www.commercialfl.com.
About Grubb & Ellis:
Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through Grubb & Ellis Realty Investors, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges and other real estate investment funds. For more information, visit www.grubb-ellis.com.
Contacts:
Mia Jarrell 813-639-1111
Jeffrey Sweeney 407-481-5387
Larry Vershel 407-644-4142
Wednesday, July 8, 2009
Melrose Sovereign Companies Awarded Contracts to Manage two Residential Communities in Sarasota-Bradenton Area
Melrose Sovereign Companies Awarded Contracts to Manage two Residential Communities in Sarasota-Bradenton Area
ORLANDO, Fla. - Melrose Sovereign Companies, the property management firm that specializes in residential communities and multi-family properties throughout Florida, was recently awarded contracts to manage Crystal Lakes and Bradford Manor residential communities in the Sarasota-Bradenton area.
Ellen Lumpkin and Jack Hanson, co-founders and owners, said Taylor Morrison, one of Florida’s largest home builders, awarded both contracts.
Crystal Lakes, a community of 199 single-family homes, is located just east of I-75 off Buffalo Rd. at 5101 72nd St. East in Palmetto.
Bradford Manor, a gated community where Taylor Morrison is building 173 town homes with attached garages, is located near U.S. 301 and I-75 off Tuttle Ave. at 1502 Grantham Dr. in Sarasota.
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 at 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
Friday, May 8, 2009
Melrose Sovereign Companies Awarded Community Management Contract in Bradenton area
Melrose Sovereign Companies Awarded Community Management Contract in Bradenton area
ORLANDO, Fla. - Melrose Sovereign Companies, the Orlando-based property management firm that specializes in residential communities and multi-family properties was recently awarded a contract to manage Gillette Grove on Moccasin Wallow Road West in Palmetto north of Bradenton.
Jack B. Hanson, LCAM, co-founder and partner at Melrose Sovereign Companies, said Maronda Homes is building 141 new homes in the community.
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, 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
ORLANDO, Fla. - Melrose Sovereign Companies, the Orlando-based property management firm that specializes in residential communities and multi-family properties was recently awarded a contract to manage Gillette Grove on Moccasin Wallow Road West in Palmetto north of Bradenton.
Jack B. Hanson, LCAM, co-founder and partner at Melrose Sovereign Companies, said Maronda Homes is building 141 new homes in the community.
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, 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
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