DEBARY, Fla. - The Henin Group will start construction on new models of single family homes priced from the $180s in December at Riviera Bella, the award winning luxury community the Henin Group developed overlooking the St. Johns River in DeBary.
Jerome Henin, president of the Henin Group, said the firm will be the principal home builder in a new neighborhood with 87 ready-to-be-built homesites at Riviera Bella.
“We are building smaller, smarter, more energy efficient luxury homes at affordable prices,” said Henin. “The housing market has changed for the better and our new approach to affordable luxury homes that offer smarter designs and lower energy costs help make Riviera Bella’s wonderful riverfront location one of the most desirable bedroom communities in Central Florida,” he said.
New three-bedroom, two-bath homes at Riviera Bella will range from 1,500 square feet of living space to 2,200 square feet,” Henin said
The riverfront community, which won the Parade of Homes Grand Award in 2004 through 2008, includes two neighborhoods of production-built homes that formerly sold for prices starting from the $400s and a custom home village with luxury homes priced at more than $2 million.
For more information contact:
David Daniels or Jerome Henin, Henin Group, 407-644-8595
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
Tuesday, September 15, 2009
Real Estate Investors Eye Improving Market with Higher Interest Rates, Inflation Boost, says NAI Realvest Chairman
ORLANDO, Fla. - U.S. real estate investors foresee an improved housing market in 2011 that could contribute to the expected economy recovery.
Longtime real estate investment analyst George Livingston, chairman emeritus of NAI Realvest in Maitland, said the newest EcoTrends report from the Institute for Trend Research points out that with the housing decline near its end, real estate investors are likely to jump back into the market in increasing numbers.
“Stock prices are way up, U.S. money supply is rising sharply, the Purchasing Manager’s Index is in an uptrend and residential and commercial mortgage interest rates are still low,” Livingston said.
“All those indicators point to real estate as an increasingly important investment asset, so we will likely see some significant growth in residential and commercial real estate values,” Livingston explained.
“The risk is that interest rates and perhaps inflation are likely to be higher in 2011,” Livingston added. “Real estate is of course a good asset to hold in times of inflation.”
For more information, contact:
George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com
Patrick Mahoney, President, NAI Realvest, 407-875-9989 pmahoney@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 http://www.nairealvest.com/.
Mercantile Capital Corp Reports Record Low Interest Rate on SBA 504 Loans
ALTAMONTE SPRINGS, Fla. - Mercantile Capital Corporation, which specializes in U.S. Small Business Administration (SBA) 504 loans for owners of small businesses who want to acquire their own facilities, reports a record low for the 20-year fixed interest rate on SBA 504 loan projects. This month, the rate fell to 5.14 percent, the lowest since the program’s inception more than 25 years ago.
“This record low interest rate for SBA 504 loans, combined with the fee reductions included in the Stimulus Bill, makes it even more attractive for business owners to purchase or expand their facilities. And this is the second time in three months that we’ve reported this,” said Chris Hurn, CEO and Co-founder of Mercantile Capital Corporation.
SBA 504 loans allow owners of small and mid-sized businesses to purchase, construct, or renovate their commercial property with as little as 10 percent down, long terms (up to 25 years) and fixed interest rates. Equipment and other fixed assets can also be included in these loans, to the benefit of the borrower.
“The SBA 504 loan has long been a powerful tool for business owners to grow and expand their operations. I hope the announcement of this historically low interest rate will cause more of America’s entrepreneurs to perk up and realize that there are once-in-a-generation opportunities for them to create wealth and help get our economy back on track,” said Hurn.
Mercantile Capital Corporation ranks as one of the most active providers of SBA 504 loans nationwide, providing owners of small and mid-sized businesses the option to own commercial property with up to 90 percent loan-to-cost financing.
Visit www.504Experts.com or www.504blog.com for more information.
For more information about this news release contact:
Chris Hurn, CEO, Mercantile Capital Corporation, 407-786-5040
Geof Longstaff, Chairman, Mercantile Capital Corporation, 407-786-5040
Shannon D. Marks, President/COO, Mercantile Capital Corporation, 407-786-5040
Larry Vershel, Larry Vershel Communications 407-644-4142
“This record low interest rate for SBA 504 loans, combined with the fee reductions included in the Stimulus Bill, makes it even more attractive for business owners to purchase or expand their facilities. And this is the second time in three months that we’ve reported this,” said Chris Hurn, CEO and Co-founder of Mercantile Capital Corporation.
SBA 504 loans allow owners of small and mid-sized businesses to purchase, construct, or renovate their commercial property with as little as 10 percent down, long terms (up to 25 years) and fixed interest rates. Equipment and other fixed assets can also be included in these loans, to the benefit of the borrower.
“The SBA 504 loan has long been a powerful tool for business owners to grow and expand their operations. I hope the announcement of this historically low interest rate will cause more of America’s entrepreneurs to perk up and realize that there are once-in-a-generation opportunities for them to create wealth and help get our economy back on track,” said Hurn.
Mercantile Capital Corporation ranks as one of the most active providers of SBA 504 loans nationwide, providing owners of small and mid-sized businesses the option to own commercial property with up to 90 percent loan-to-cost financing.
Visit www.504Experts.com or www.504blog.com for more information.
For more information about this news release contact:
Chris Hurn, CEO, Mercantile Capital Corporation, 407-786-5040
Geof Longstaff, Chairman, Mercantile Capital Corporation, 407-786-5040
Shannon D. Marks, President/COO, Mercantile Capital Corporation, 407-786-5040
Larry Vershel, Larry Vershel Communications 407-644-4142
Only four luxury condominium units remain for sale at The Sanctuary condominium in downtown Orlando
ORLANDO, Fla. — Only four luxury condominiums remain for sale at The Sanctuary luxury condominium, bordered on Church St., Eola Pine and Osceola in downtown Orlando.
The first luxury condominium building to open in downtown Orlando, the 12-story Sanctuary tower is a signature community for developers Royal Palm and Historic Creations Design Group of Orlando.
Albert Kodsi, president of Royal Palm, said remaining units are priced from the mid $300s and range in size from 1,700 square feet of living space to 2,100 square feet.
For more information, contact
Steve Kodsi, President Historic Creations Design Group 407-422-4664
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
The first luxury condominium building to open in downtown Orlando, the 12-story Sanctuary tower is a signature community for developers Royal Palm and Historic Creations Design Group of Orlando.
Albert Kodsi, president of Royal Palm, said remaining units are priced from the mid $300s and range in size from 1,700 square feet of living space to 2,100 square feet.
For more information, contact
Steve Kodsi, President Historic Creations Design Group 407-422-4664
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
University of Central Florida Business Incubation Program Names Melissa Wasserman to Site Manager of Orlando Business Development Center
ORLANDO, Fla. - The University of Central Florida Business Incubation Program has named Melissa Wasserman as permanent site manager at the Orlando Business Development Center, located at 3218 E. Colonial Dr. in Orlando.
Gordon Hogan, director of operations for the UCF Business Incubation Program, said Wasserman earned her MBA Degree from the University of Central Florida in 2007 after completing undergraduate work at the University of California at Davis. She also earned a certificate in Technology Commercialization from UCF.
Wasserman joined the UCF Department of Research and Commercialization two years ago, Hogan said. She formerly served as a program assistant for the Office of Research and Commercialization and the UCF Business Incubation Program under Dr. Tom O’Neal. She was also was a part-time site manager of the Orlando Business Development Center for the past 6 months.
The Center is a general business incubator that supports high growth potential startup companies.
Contacts:
Melissa Wasserman, Site Manager/OBDC, UCF Business Incubation Program, 407-882-2296 or mwasserm@mail.ucf.edu
Gordon Hogan, Director of Operations, UCF Incubation Business Program, 407 882-1120, bizdev@mail.ucf.edu
Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com
About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 100 emerging companies (including nearly 70 current clients) create over $500 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With five facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, Lake County, the City of Leesburg and the Florida High Tech Corridor Council. For more information, please visit http://www.incubator.ucf.edu/
Gordon Hogan, director of operations for the UCF Business Incubation Program, said Wasserman earned her MBA Degree from the University of Central Florida in 2007 after completing undergraduate work at the University of California at Davis. She also earned a certificate in Technology Commercialization from UCF.
Wasserman joined the UCF Department of Research and Commercialization two years ago, Hogan said. She formerly served as a program assistant for the Office of Research and Commercialization and the UCF Business Incubation Program under Dr. Tom O’Neal. She was also was a part-time site manager of the Orlando Business Development Center for the past 6 months.
The Center is a general business incubator that supports high growth potential startup companies.
Contacts:
Melissa Wasserman, Site Manager/OBDC, UCF Business Incubation Program, 407-882-2296 or mwasserm@mail.ucf.edu
Gordon Hogan, Director of Operations, UCF Incubation Business Program, 407 882-1120, bizdev@mail.ucf.edu
Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com
About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 100 emerging companies (including nearly 70 current clients) create over $500 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With five facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, Lake County, the City of Leesburg and the Florida High Tech Corridor Council. For more information, please visit http://www.incubator.ucf.edu/
Time is Running Out to Take Advantage of $8,000 Federal Tax Credit for First-Time Home Buyers
ORLANDO, Fla. - Time is running out for first-time home buyers to take advantage of the $8,000 federal tax credit at Heritage Green in Providence in Polk County and Wyndham Lakes Estates in South Orlando, two ABD Development communities. The federal tax credit ends on Nov. 30
At Heritage Green at Providence Golf and Country Club on U.S. 17-92 in the Loughman-Davenport area, ABD Development recently completed two ready-to-move-in luxury homes designed with smaller, smarter features with more affordable pricing and lower energy costs, said David Kohn, president of ABD Development Company.
The new 2,500 square foot luxury homes are priced in the $350,000 range.
Three ready-to-move-in luxury homes at Windsor Landing at Wyndham Lakes Estates, located off Town Center and Landstar Blvds. in southeast Orlando, are priced from the $400s, Kohn said.
The Riviera model home, which offers four bedrooms in 3,100 square feet of living space, is priced at $450,000. Only 20 home sites remain for sale at Windsor Landing, Kohn said.
For more information, contact:
David Kohn, President, ABD Development Company 407-370-6400
Alene Raskin, Marketing Manager, ABD Development Company 407-370-6400
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
At Heritage Green at Providence Golf and Country Club on U.S. 17-92 in the Loughman-Davenport area, ABD Development recently completed two ready-to-move-in luxury homes designed with smaller, smarter features with more affordable pricing and lower energy costs, said David Kohn, president of ABD Development Company.
The new 2,500 square foot luxury homes are priced in the $350,000 range.
Three ready-to-move-in luxury homes at Windsor Landing at Wyndham Lakes Estates, located off Town Center and Landstar Blvds. in southeast Orlando, are priced from the $400s, Kohn said.
The Riviera model home, which offers four bedrooms in 3,100 square feet of living space, is priced at $450,000. Only 20 home sites remain for sale at Windsor Landing, Kohn said.
For more information, contact:
David Kohn, President, ABD Development Company 407-370-6400
Alene Raskin, Marketing Manager, ABD Development Company 407-370-6400
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Star Tower luxury condominium in downtown Orlando reports it sold more than half of its luxury units
ORLANDO, Fla. — Star Tower, the luxury condominium located in downtown Orlando, reports it has sold more than half of its condominiums.
Steve Kodsi, president of Historic Creations Design Group, developers of Star Tower, said remaining units are priced starting from the mid $300s and range in size from 1,700 square feet of living space to 2,000 square feet.
Kodsi also said three 3,600 square foot penthouse condominiums at Star Tower are priced at more than $1 million.
For more information, contact
Steve Kodsi, President Historic Creations Design Group, 407-422-4664
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Steve Kodsi, president of Historic Creations Design Group, developers of Star Tower, said remaining units are priced starting from the mid $300s and range in size from 1,700 square feet of living space to 2,000 square feet.
Kodsi also said three 3,600 square foot penthouse condominiums at Star Tower are priced at more than $1 million.
For more information, contact
Steve Kodsi, President Historic Creations Design Group, 407-422-4664
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Royal Custom Homes starts construction of six town homes at Lake Burden in Windermere, a master planned community by Royal Palm
ORLANDO, Fla. — Royal Palm’s master planned community of Lake Burden off SR 535 and Reams Rd. in Windermere will see construction of a new building with six town homes built by Royal Custom Homes within the next 20 days.
Albert Kodsi, president of Royal Palm, the developer of Lake Burden, said three of the town homes have already been sold.
New town homes at Lake Burden are priced from $199,000.
Amenities at Lake Burden include tennis courts, open space playgrounds, ball fields and lakeside gazebos. A pool and clubhouse will get underway later this year.
For more information, contact:
Albert Kodsi, President, Royal Palm 407-294-7931
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Albert Kodsi, president of Royal Palm, the developer of Lake Burden, said three of the town homes have already been sold.
New town homes at Lake Burden are priced from $199,000.
Amenities at Lake Burden include tennis courts, open space playgrounds, ball fields and lakeside gazebos. A pool and clubhouse will get underway later this year.
For more information, contact:
Albert Kodsi, President, Royal Palm 407-294-7931
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
Grande Oaks at Heathrow, Kolter Homes to Host Open House Event Sept. 26 to Showcase New Designs and 13 Ready-to-Move-In Townhomes
LAKE MARY, Fla. - Grande Oaks at Heathrow will showcase 13 new luxury two and three story, ready-to-move-in townhomes at an open house event from 11 a.m. to 5 p.m. Saturday, Sept. 26.
A lunch buffet will be served and the public is invited said Steve Bovio, senior project manager at Grande Oaks at Heathrow.
Bovio emphasized that the open house will showcase not only its newest designs, but 13 ready-to-move-in townhomes with special lower pricing for the area.
New pricing, according to Bovio, is from the mid-$240s to $270,000s on these “select” ready-to-move-in townhomes with two and three bedrooms, two-and-a-half baths ranging range from 1,857 to 2,387 square feet of living space.
“Our professionally decorated model townhomes at Grande Oaks will be open for touring at the event as well,” Bovio said.
As an added attraction, Bovio said four new designs will be introduced at the open house.
A four-unit building is just starting construction at Grande Oaks at Heathrow with the new two and three bedroom townhome designs ranging from 1,926 square feet to 2,387.
A gated luxury community at the corner of CR 46A and Orange Blvd. in Lake Mary, Grande Oaks at Heathrow (www.KolterGrandeOaks.com) features its own private lakefront recreation center with fitness area, meeting rooms, kitchen, swimming pool and spa with deck area and a tot lot.
Beautiful oaks enhance the property creating natural beauty and bringing serenity to the landscape. Grande Oaks at Heathrow offers quaint pocket parks, opportunities for biking along the numerous bike path routes as well as other local outdoor pursuits such as jogging and fishing. The community is located within easy walking distance of a wide variety of shopping and entertainment venues at Colonial TownPark.
The Grande Oaks at Heathrow sales and preview center is open from 10 a.m. to 6 p.m. daily and Sunday Noon to 6 at 1450 Lake George Drive. From I-4 go west on H.E. Thomas, Jr. Pkwy. (CR 46A) to the community entrance just past International Parkway. For information, call 407-829-8961.
For More Information, Contact:
Larry Vershel or Beth Payan Larry Vershel Communications, 407-644-4142 Lvershelco@aol.comS
teven V. Bovio, Senior Project Manager, Kolter Homes/Orlando 407-333-1733 sbovio@kolter.com
About Kolter Homes:
Kolter Homes is part of the Kolter Group, a private investment firm focusing on real estate development, investment and construction. Kolter Homes brings more than a decade of experience in Florida homebuilding to each of its communities in Orlando, South Florida and the Treasure Coast. Visit www.KolterHomes.com for additional information.
A lunch buffet will be served and the public is invited said Steve Bovio, senior project manager at Grande Oaks at Heathrow.
Bovio emphasized that the open house will showcase not only its newest designs, but 13 ready-to-move-in townhomes with special lower pricing for the area.
New pricing, according to Bovio, is from the mid-$240s to $270,000s on these “select” ready-to-move-in townhomes with two and three bedrooms, two-and-a-half baths ranging range from 1,857 to 2,387 square feet of living space.
“Our professionally decorated model townhomes at Grande Oaks will be open for touring at the event as well,” Bovio said.
As an added attraction, Bovio said four new designs will be introduced at the open house.
A four-unit building is just starting construction at Grande Oaks at Heathrow with the new two and three bedroom townhome designs ranging from 1,926 square feet to 2,387.
A gated luxury community at the corner of CR 46A and Orange Blvd. in Lake Mary, Grande Oaks at Heathrow (www.KolterGrandeOaks.com) features its own private lakefront recreation center with fitness area, meeting rooms, kitchen, swimming pool and spa with deck area and a tot lot.
Beautiful oaks enhance the property creating natural beauty and bringing serenity to the landscape. Grande Oaks at Heathrow offers quaint pocket parks, opportunities for biking along the numerous bike path routes as well as other local outdoor pursuits such as jogging and fishing. The community is located within easy walking distance of a wide variety of shopping and entertainment venues at Colonial TownPark.
The Grande Oaks at Heathrow sales and preview center is open from 10 a.m. to 6 p.m. daily and Sunday Noon to 6 at 1450 Lake George Drive. From I-4 go west on H.E. Thomas, Jr. Pkwy. (CR 46A) to the community entrance just past International Parkway. For information, call 407-829-8961.
For More Information, Contact:
Larry Vershel or Beth Payan Larry Vershel Communications, 407-644-4142 Lvershelco@aol.comS
teven V. Bovio, Senior Project Manager, Kolter Homes/Orlando 407-333-1733 sbovio@kolter.com
About Kolter Homes:
Kolter Homes is part of the Kolter Group, a private investment firm focusing on real estate development, investment and construction. Kolter Homes brings more than a decade of experience in Florida homebuilding to each of its communities in Orlando, South Florida and the Treasure Coast. Visit www.KolterHomes.com for additional information.
Friday, September 11, 2009
Datanautix CEO to Deliver Major Address at Worldwide Symposium on Call Center Management in Australia
WINTER SPRINGS, Fla. - Sanjay Patel, CEO of Datanautix, Inc., an Orlando-area firm that ranks as one of the world’s leading innovators in contact center analytics technologies, is off to a worldwide symposium in Melbourne, Australia on September 22-23 to deliver a major address on analyzing customer experience in call center interactions.
Patel is one of the world’s leading experts on customer experience analytics, the science of improving customer service interaction effectiveness.
Combining psychology, linguistics, predictive analytics and other unique new technologies, Datanautix, Inc., analyzes customer/agent interactions to help companies drive transformational change in call centers operations around the world.
Patel will deliver his findings during Customer Analytics 2009, the world’s premier conference on call center management from Sept. 22-23 in Melbourne, Australia.
Samm Medina, conference director, said IQPC Australia (International Quality and Productivity Center) is pleased to partner with Datanautix at Customer Analytics 2009.
"During this global economic downturn, the financial, online, and Telco industries are becoming increasingly customer centric to remain competitive,” Medina explained. “As consumer confidence declines, understanding key trends and customer behavior is now, more than ever, vital to business growth and development. Sanjay Patel will be sharing valuable international perspective on Driving Strategic Business Intelligence and Insight through Agent /Customer Interaction Analytics," Medina said.
“Customer Analytics 2009 is the world’s foremost conference for professionals in this field,” Patel said.
At Datanautix, based in Winter Springs, Fla., Patel has developed a suite of proprietary software products and analytics protocols that help call center managers drive breakthrough improvements in their call center operations. Patel’s address at Customer Analytics 2009 will focus on the most recent advances at Datanautix.
“In brief, we are using Datanautix Interaction Analytics to really hear what customers are saying,” Patel explained. “By carefully extracting hidden information from everyday agent-customer interactions, we can improve customer satisfaction by 10 to 20 percent and reduce customer support costs by 20 to 30 percent by making transactions more efficient,” said Patel.
Datanautix, Inc. is a client company of the University of Central Florida Business Incubation Program located at the Seminole/Winter Springs site at 1511 E. S.R. 434.
Datanautix, Inc. is a client company of the University of Central Florida Business Incubation Program located at the Seminole/Winter Springs site at 1511 E. S.R. 434.
For more information, contact:
Sanjay Patel, Founder & President, Datanautix, 407-349-5330, sanjay@datanautix.com
Esther Vargas-Davis, Site Manager, UCF Incubator-Seminole County, 407-278-4881
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142
About Datanautix:
Datanautix Inc. specializes in helping companies drive key business process improvements in the contact center/customer management market. The Datanautix Intelligent Interaction Analytics and “active listening” approach not only improves on traditional QA and CSAT measurement challenges, but goes beyond the ‘traditional’ to uncover customer expectations to help drive process changes to improve customer loyalty and operating efficiencies. Typical results from Datanautix’ business process reengineering deployment yield 20-30 percent in savings while driving overall customer satisfaction scores up by 10-20 percent. For more information, please visit http://www.datanautix.com/.
About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 100 emerging companies (including nearly 70 current clients) create over $500 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With five facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, Lake County, the City of Leesburg and the Florida High Tech Corridor Council. For more information, please visit http://www.incubator.ucf.edu/.
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