ORLANDO, Fla. --- International and out-of-state home buyers in Florida are finding great values that local home buyers are overlooking, says one prominent realtor.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty in Orlando, said international and out-of-state home buyers tend to look at Florida housing opportunities with un unvarnished eye.
“Floridians have been so inundated with how bad the market is that they’re overlooking that our market has bottomed out, and all of the great values that are now out there,” Soderstrom said.
Outsiders, including buyers from overseas, are finding a lot of Central Florida property priced well below property back home, and much lower than prices they may have experienced two or three years ago in Florida,” he said.
Luxury home specialist Dan Natoli agrees.
“Many excellent Central Florida homes are substantially undervalued, and the opportunities here are tremendous,” Natoli said.
“Sometimes, it takes an outsider to see the obvious, and that’s what is happening here. Some of the very best values are going to newcomers, international vacation home buyers and second home buyers,” Natoli said.
Natoli said the supply of undervalued properties is declining.
“The pool of listed homes for sale overall is declining,” Natoli said. “Currently, less than 11,000 homes are listed for sale in Central Florida and that’s the lowest in more than six years,” he said.
Natoli said some homes are seeing multiple offers for the first time in years.
“Stirling Sotheby’s is very aggressive in marketing homes to buyers throughout the U.S. and around the world,” Natoli said.
“In many cases we are creating markets for luxury homes and waterfront properties that are significantly larger than the Central Florida region,” he said.
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
Tuesday, May 31, 2011
Dave Brewer Inc. earns first place Parade of Homes Award in $1.5 million-plus category
SANFORD, Fla. --- Dave Brewer, Inc., which ranks as one of the top custom home builders in the Central Florida region, was awarded first place for the $1.5 million category in the recent Central Florida Parade of Homes.
Matt Trask, vice president of Dave Brewer, Inc., said the French country style home offers four bedrooms, three-and-a-half baths with a four-car garage and 6,200 square feet of living space.
Trask said Dave Brewer, Inc. plans to enter the home in the upcoming Aurora Awards competition for design excellence.
The luxury home is located on Markham Woods Road in Longwood.
Matt Trask, vice president of Dave Brewer, Inc., said the French country style home offers four bedrooms, three-and-a-half baths with a four-car garage and 6,200 square feet of living space.
Trask said Dave Brewer, Inc. plans to enter the home in the upcoming Aurora Awards competition for design excellence.
The luxury home is located on Markham Woods Road in Longwood.
NAI Realvest negotiates new lease for Satellite Office of Palm Beach Investigations firm at Heathrow I
MAITLAND, Fla. – NAI Realvest recently negotiated a new lease agreement for 2,772 square feet of Class A office space in Suite 250 of Heathrow I at 250 International Parkway in the Lake Mary / I-4 corridor.
Thomas E. Hankins CCIM SIOR, principal at NAI Realvest, negotiated the transaction representing the tenant, Forensic Solutions, which is based Palm Beach Gardens. The forensic accident investigations firm who services the insurance industry, corporations and municipalities leased the space for its central Florida satellite office.
The landlord is Heathrow Equity I, LLC.
About NAI Realvest
NAI Realvest, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 350 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIRealvest.com.
Thomas E. Hankins CCIM SIOR, principal at NAI Realvest, negotiated the transaction representing the tenant, Forensic Solutions, which is based Palm Beach Gardens. The forensic accident investigations firm who services the insurance industry, corporations and municipalities leased the space for its central Florida satellite office.
The landlord is Heathrow Equity I, LLC.
About NAI Realvest
NAI Realvest, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 350 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIRealvest.com.
Friday, May 27, 2011
First Green Bank named one of Top 100 Companies for Working Families by Orlando Sentinel
EUSTIS, Fla. – First Green Bank, which has locations in Eustis and Clermont and a new LEED Platinum-registered headquarters facility under construction in Mount Dora, was named one of the Top 100 Companies for Working Families by the Orlando Sentinel recently.
Ken LaRoe, chairman and chief executive officer of First Green Bank, said First Green Bank’s sound footing, positive growth and corporate policies that focus on doing the right thing for its employees, its customers and shareholders, the local community and the environment all figured into the best company for working families designation.
“We are very pleased at the recognition and proud to be among the top 100 companies,” LaRoe said.
First Green Bank was also named one of Florida’s Best Companies to Work for in 2010 by Florida Trend magazine.
Ken LaRoe, chairman and chief executive officer of First Green Bank, said First Green Bank’s sound footing, positive growth and corporate policies that focus on doing the right thing for its employees, its customers and shareholders, the local community and the environment all figured into the best company for working families designation.
“We are very pleased at the recognition and proud to be among the top 100 companies,” LaRoe said.
First Green Bank was also named one of Florida’s Best Companies to Work for in 2010 by Florida Trend magazine.
Allogy Interactive Appoints Alex Cook Technical Director
ORLANDO, Fla. – Allogy Interactive, a leading developer of applications for mobile devices such as smart phones and notebooks, recently appointed Alex Cook technical director.
Colin Forward, Communications Director for Allogy Interactive, said Cook, who earned his B.S. degree in computer science from the University of Central Florida, has an extensive background in software technology and research.
Cook’s experience includes groundbreaking research in UCF’s Computational Imaging Lab on graphics and vision and rendering software engineering on several bestselling titles for the Xbox 360 and Playstation 3 at Electronic Arts.
Allogy Interactive is a client of the University of Central Florida Business Incubation Program located at Central Florida Research Park in east Orlando.
About Allogy Interactive:
Allogy Interactive, a leading developer of mobile applications for education, healthcare, business, and social enterprises, connects people to promote learning, opportunity, and economic growth by understanding the relationships, creating intuitive interfaces and using data to promote the transparency and accountability necessary for achievement.
About the UCF Business Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 160 emerging companies (including 100 current clients) create over $800 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With eight – and soon nine – facilities opened across the Greater Orlando community, the Business 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, The City of Sanford, Lake County, the City of Leesburg, Osceola County, the City of Kissimmee, City of St. Cloud, Volusia County and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.
Colin Forward, Communications Director for Allogy Interactive, said Cook, who earned his B.S. degree in computer science from the University of Central Florida, has an extensive background in software technology and research.
Cook’s experience includes groundbreaking research in UCF’s Computational Imaging Lab on graphics and vision and rendering software engineering on several bestselling titles for the Xbox 360 and Playstation 3 at Electronic Arts.
Allogy Interactive is a client of the University of Central Florida Business Incubation Program located at Central Florida Research Park in east Orlando.
About Allogy Interactive:
Allogy Interactive, a leading developer of mobile applications for education, healthcare, business, and social enterprises, connects people to promote learning, opportunity, and economic growth by understanding the relationships, creating intuitive interfaces and using data to promote the transparency and accountability necessary for achievement.
About the UCF Business Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 160 emerging companies (including 100 current clients) create over $800 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With eight – and soon nine – facilities opened across the Greater Orlando community, the Business 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, The City of Sanford, Lake County, the City of Leesburg, Osceola County, the City of Kissimmee, City of St. Cloud, Volusia County and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.
Stirling Sotheby’s International Realty Reports Strong Traffic at Johns Lake Point, Three Homes under Contract Already
ORLANDO, Fla. --- Barely one month after Stirling Sotheby’s International Realty was named exclusive sales and marketing agents at Johns Lake Point on Avalon Road in Winter Garden, three of nine ready-to-move-in homes are under contract.
“Home buyer visits to the sales center have been greater than we anticipated,” said Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty.
Jennifer Gonzalez and Luis Gonzalez are representing the Johns Lake Point developer Misty Ridge Ventures in sales of new homes at Johns Lake Point priced from the $160s to the mid $400s.
Altogether, 323 new homes are planned at Johns Lake Point in three distinct villages with 50-, 75- and 85-foot home sites.
Soderstrom said construction is planned to start this summer on a 4,000 square foot amenity center with fitness facilities, a junior Olympic-sized pool, tennis courts and children’s play area.
New three to six-bedroom homes at Johns Lake Point range in size from 1,600 square feet of living space to 3,800 square feet.
Some of the homes, according to Soderstrom, offer nature preserve and pond frontages.
See Photo Gallery at http://askagonzalez.com/hub/johnslake/gallery/
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.
“Home buyer visits to the sales center have been greater than we anticipated,” said Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty.
Jennifer Gonzalez and Luis Gonzalez are representing the Johns Lake Point developer Misty Ridge Ventures in sales of new homes at Johns Lake Point priced from the $160s to the mid $400s.
Altogether, 323 new homes are planned at Johns Lake Point in three distinct villages with 50-, 75- and 85-foot home sites.
Soderstrom said construction is planned to start this summer on a 4,000 square foot amenity center with fitness facilities, a junior Olympic-sized pool, tennis courts and children’s play area.
New three to six-bedroom homes at Johns Lake Point range in size from 1,600 square feet of living space to 3,800 square feet.
Some of the homes, according to Soderstrom, offer nature preserve and pond frontages.
See Photo Gallery at http://askagonzalez.com/hub/johnslake/gallery/
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.
Emerson International Reports Sales of 13 New Homes in April at Eagle Creek Golf Community in South Orlando
ORLANDO - Emerson International, the Altamonte Springs based developer of Eagle Creek Golf Club off Narcoossee Road near Medical City in southeast Orlando, reported it closed on sales of 13 new homes at Eagle Creek in April.
“That’s the most sales in a single month we have seen this year,” said Eric Emerson, vice president and general manager of Emerson International.
Emerson said new homes at Eagle Creek range in price from the low $200s to more than $900,000.
Emerson added that April closings totaled more than $5 million.
Eagle Creek Golf Club features a championship 18-hole golf course, a New England Manor Clubhouse and distinct neighborhoods that offer golf, lake or forest views with luxury single-family homes, golf villas, and town homes.
Eagle Creek Golf Club is owned by Emerson International, 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.
“That’s the most sales in a single month we have seen this year,” said Eric Emerson, vice president and general manager of Emerson International.
Emerson said new homes at Eagle Creek range in price from the low $200s to more than $900,000.
Emerson added that April closings totaled more than $5 million.
Eagle Creek Golf Club features a championship 18-hole golf course, a New England Manor Clubhouse and distinct neighborhoods that offer golf, lake or forest views with luxury single-family homes, golf villas, and town homes.
Eagle Creek Golf Club is owned by Emerson International, 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.
Thursday, May 26, 2011
Stirling Sotheby’s International Realty Named Exclusive Sales and Marketing Agent for Unique Sweetwater Club Luxury Estate
ORLANDO, Fla. --- Stirling Sotheby’s International Realty was recently named exclusive sales and marketing representatives for a unique luxury estate at 106 Squire Hill Rd. in the Sweetwater Club in Longwood.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said the prestigious 8,500 square foot estate home is one of the most desirable properties in Florida.
“Sweetwater Club was originally developed by Everette Huskey and still ranks as one of the most unique, beautiful and exclusive neighborhoods in Florida,” Soderstrom said.
“Sweetwater Club will never be duplicated, as zoning and land use laws have since changed. This property offers a lifestyle that is one of the last of its kind anywhere,” Soderstrom said.
International Luxury Home Specialists Sally Andy and David Warren Stirling Sotheby’s Heathrow Gallery are representing the property which is listed at $1,299,000 with its 4.5 acre park-like homesite.
The recently renovated home, with eight bedrooms, seven full baths and two half-baths, features an island gourmet kitchen with all new custom cabinetry and granite counters.
Outside, the estate features a resort style outdoor living area with tropical pool, waterfalls, stone grotto, koi pond and oversized heated spa. The home also features a seven car garage.
Photo Gallery: http://www.tourfactory.com/idxr731285
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.
Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said the prestigious 8,500 square foot estate home is one of the most desirable properties in Florida.
“Sweetwater Club was originally developed by Everette Huskey and still ranks as one of the most unique, beautiful and exclusive neighborhoods in Florida,” Soderstrom said.
“Sweetwater Club will never be duplicated, as zoning and land use laws have since changed. This property offers a lifestyle that is one of the last of its kind anywhere,” Soderstrom said.
International Luxury Home Specialists Sally Andy and David Warren Stirling Sotheby’s Heathrow Gallery are representing the property which is listed at $1,299,000 with its 4.5 acre park-like homesite.
The recently renovated home, with eight bedrooms, seven full baths and two half-baths, features an island gourmet kitchen with all new custom cabinetry and granite counters.
Outside, the estate features a resort style outdoor living area with tropical pool, waterfalls, stone grotto, koi pond and oversized heated spa. The home also features a seven car garage.
Photo Gallery: http://www.tourfactory.com/idxr731285
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.
Upscale Bellagio Custom Homes Model Starting to Take Shape in Estate Section of Palm Coast’s Grand Haven Community
PALM COAST – Bellagio Custom Homes is nearing completion on the framing of their Florenza II, a 3,490-square-foot luxury model in Wild Oaks, the estate section of Grand Haven, a master-planned community just north of State Road 100 and east of Interstate 95.
Bellagio is the luxury homebuilding affiliate of SeaGate Homes, a 17-year-old family-owned company that has been recognized as one of the nation’s largest homebuilders having completed more than 3,000 homes throughout Northeast and Central Florida. The relationship between the two companies offers homebuyers the experience and buying power of SeaGate Homes, as well as the elegance and grandeur of a custom-designed and built Bellagio home, according to Michael Sawdai, vice president of operations for both builders.
“In addition to providing our clients with exceptional customer care, we also offer ultra-competitive pricing that usually is not seen in custom homebuilding,” Sawdai said. “The hallmark of a Bellagio home is the quality standards and the Old-World craftsmanship that is built into each one.”
The company also offers a 15-year homebuyer’s warranty on all of its homes.
Unlike many traditional homebuilders, Sawdai said Bellagio offers as standards, a 14-SEER energy-efficient heating and cooling system; impact-rated windows with low-E coating; Kohler fixtures, upgraded KraftMaid cabinetry, solid-core doors and granite tops in kitchens and baths and much more.
“We can help the homebuyer in the design process by suggesting plans from our library or we can assist them in the design process to create their dream home,” he said.
“The Florenza II has a unique style all its own,” Sawdai said. “It is situated on a beautiful lake and will be offered with a builder lease-back. The Florenza II model is scheduled for completion this summer.
For more information about the Florenza II or other Bellagio homes, please call 386-445-1616 or visit www.BellagioHomesFL.com.
About Bellagio Homes:
Bellagio Custom Homes, the custom homebuilding company of SeaGate Homes, specializes in the construction of unique luxury residences in numerous premier communities. SeaGate Homes – a 17-year-old family-owned company that has completed more than 3,000 homes through northeast and Central Florida – is recognized as one of the nation’s largest homebuilders.
Bellagio is the luxury homebuilding affiliate of SeaGate Homes, a 17-year-old family-owned company that has been recognized as one of the nation’s largest homebuilders having completed more than 3,000 homes throughout Northeast and Central Florida. The relationship between the two companies offers homebuyers the experience and buying power of SeaGate Homes, as well as the elegance and grandeur of a custom-designed and built Bellagio home, according to Michael Sawdai, vice president of operations for both builders.
“In addition to providing our clients with exceptional customer care, we also offer ultra-competitive pricing that usually is not seen in custom homebuilding,” Sawdai said. “The hallmark of a Bellagio home is the quality standards and the Old-World craftsmanship that is built into each one.”
The company also offers a 15-year homebuyer’s warranty on all of its homes.
Unlike many traditional homebuilders, Sawdai said Bellagio offers as standards, a 14-SEER energy-efficient heating and cooling system; impact-rated windows with low-E coating; Kohler fixtures, upgraded KraftMaid cabinetry, solid-core doors and granite tops in kitchens and baths and much more.
“We can help the homebuyer in the design process by suggesting plans from our library or we can assist them in the design process to create their dream home,” he said.
“The Florenza II has a unique style all its own,” Sawdai said. “It is situated on a beautiful lake and will be offered with a builder lease-back. The Florenza II model is scheduled for completion this summer.
For more information about the Florenza II or other Bellagio homes, please call 386-445-1616 or visit www.BellagioHomesFL.com.
About Bellagio Homes:
Bellagio Custom Homes, the custom homebuilding company of SeaGate Homes, specializes in the construction of unique luxury residences in numerous premier communities. SeaGate Homes – a 17-year-old family-owned company that has completed more than 3,000 homes through northeast and Central Florida – is recognized as one of the nation’s largest homebuilders.
Volusia County-based Company Selected to Participate in State’s GrowFL Economic Gardening Program
HOLLY HILL, Fla. – Mediatech, a manufacturer of all-wood workstations, podiums, desks and presentation control systems, has been accepted into GrowFL, a state-funded program that provides free technical assistance to small businesses.
Founder and Chief Technology Officer Lou Gallo started the Holly Hill-based company in 1990 to sell products to the federal government through contracts with large defense contractors.
Today, with 24 employees in Holly Hill, Maryland, Virginia, Ohio and Texas, Mediatech designs, manufactures and integrates advanced presentation systems primarily for higher education, as well as governmental agencies.
Gallo said the affiliation with GrowFL should help accelerate his company’s growth tremendously.
“It will give our company the infrastructure and professional support it needs to reach the next level,” he said.
A part of the Florida Economic Gardening Institute, GrowFL was created in 2009 by the Florida Legislature and is based at the University of Central Florida in Orlando. When selecting businesses to participate, the institute looks for ones that have potential, according to Dr. Tom O’Neal, executive director of the Florida Economic Gardening Institute.
“Mediatech has shown that it has the potential to grow and be successful, but just needs a little assistance,” said O’Neal, who also is associate vice president for the University of Central Florida’s Office of Research and Commercialization.
GrowFL will support Mediatech through a number of services, including access to market research and technology, strategy analysis, CEO roundtables and forums, database research and website optimization.
For more information about Mediatech, visit www.gomediatech.com
About Mediatech:
Founded in 1990 by Lou Gallo, Mediatech develops integrated all-wood workstations, podiums, desks and advanced presentation control systems for colleges and university classrooms, as well as for the federal government.
About the Florida Economic Gardening Institute:
The Florida Economic Gardening Institute was created by the 2009 Florida Legislature as the Economic Gardening Technical Assistance Program to stimulate investment in Florida’s economy by providing technical assistance for expanding businesses in the state. Qualified companies must be engaged in the following sectors to receive no-cost technical assistance: Manufacturing; Finance & Insurance Services; Wholesale Trade; Information Industries; Professional, Scientific & Technical Services; Management Services; and, Administrative & Support Services. Additional information is available at www.GrowFL.com.
Founder and Chief Technology Officer Lou Gallo started the Holly Hill-based company in 1990 to sell products to the federal government through contracts with large defense contractors.
Today, with 24 employees in Holly Hill, Maryland, Virginia, Ohio and Texas, Mediatech designs, manufactures and integrates advanced presentation systems primarily for higher education, as well as governmental agencies.
Gallo said the affiliation with GrowFL should help accelerate his company’s growth tremendously.
“It will give our company the infrastructure and professional support it needs to reach the next level,” he said.
A part of the Florida Economic Gardening Institute, GrowFL was created in 2009 by the Florida Legislature and is based at the University of Central Florida in Orlando. When selecting businesses to participate, the institute looks for ones that have potential, according to Dr. Tom O’Neal, executive director of the Florida Economic Gardening Institute.
“Mediatech has shown that it has the potential to grow and be successful, but just needs a little assistance,” said O’Neal, who also is associate vice president for the University of Central Florida’s Office of Research and Commercialization.
GrowFL will support Mediatech through a number of services, including access to market research and technology, strategy analysis, CEO roundtables and forums, database research and website optimization.
For more information about Mediatech, visit www.gomediatech.com
About Mediatech:
Founded in 1990 by Lou Gallo, Mediatech develops integrated all-wood workstations, podiums, desks and advanced presentation control systems for colleges and university classrooms, as well as for the federal government.
About the Florida Economic Gardening Institute:
The Florida Economic Gardening Institute was created by the 2009 Florida Legislature as the Economic Gardening Technical Assistance Program to stimulate investment in Florida’s economy by providing technical assistance for expanding businesses in the state. Qualified companies must be engaged in the following sectors to receive no-cost technical assistance: Manufacturing; Finance & Insurance Services; Wholesale Trade; Information Industries; Professional, Scientific & Technical Services; Management Services; and, Administrative & Support Services. Additional information is available at www.GrowFL.com.
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