Hendricks & Partners Negotiates Record $26.5 Million Price in Sale of Watermark at EastChase Apartments in Montgomery, Ala.

BIRMINGHAM, Ala. --- Hendricks & Partners, one of the nation’s largest and most active multifamily investment banking and research companies, recently closed on the sale of Watermark at EastChase, a 272-unit apartment community located in Montgomery, Ala. The price---$25.6 million or $91 per square foot---is a record for a multi-family property in the Montgomery market, according to David Oakley, senior investment advisor of Hendricks & Partners Alabama office. Oakley negotiated the transaction with Tim McKay of Hendricks & Partners in Oklahoma City and Aaron Hargrove of Hendricks & Partners in Tulsa. The three brokers represented the seller, Watermark at Eastchase, LLC, an Indiana limited liability company based in Terre Haute, Ind. Built in 2011, Watermark at EastChase totals 282,636 square feet of rentable living space with one, two and three bedroom apartments. The property is located approximately 10 miles east of downtown Montgomery, just west of Chantilly Parkway. The site is bordered by a lake and several acres of unspoiled forest, offering natural views from many of the apartment homes. The buyer, Montgomery-based Broadstreet at Eastchase Apartments, LLC, assumed an existing HUD 221 (d)(4) mortgage with an all in rate of 5.75 percent. Oakley, who recently negotiated the $18.25 million sale of the 468-unit Belmont Apartments, said recent transactions point to a resurgence in the Montgomery market. “Investors are looking at the Montgomery market with new respect,” Oakley said. Foshee Management Company, also based in Montgomery, has been named exclusive property management representative at Watermark at EastChase.

VOLUSIA LAW FIRM LAUNCHES NEW WEBSITE TO HELP STREAMLINE COMMUNITY GIVING

PORT ORANGE – The Port Orange-based law firm of Rue & Ziffra recently launched a new website to simplify charitable donations, both for those giving and for those on the receiving end. The new site – www.rzcares.com – is intended as a “know-all, share-all” internet space that offers charitable organizations and community partners an easy way to give or receive, according to Jessica Eckelbarger, marketing director for the personal-injury law firm. “In the past 30 years, Rue & Ziffra – and its employees – have been very involved in our community, helping local charities, schools and other agencies by donating funds and needed items, as well as helping out at events to show our support,” she said. The new user-friendly site contains an events calendar, photo and video galleries of previous charity events, as well as a list of local charities and community partners. A feature is an area where those seeking funds, as well as those looking to donate, can register. The idea for the site came naturally, according to firm President Allan L. Ziffra. “During 2011 we contributed more than $171,000 to charitable events and activities that benefited many residents of Volusia and Flagler counties,” he said. “We continue to set goals so that we can help even more non-profit organizations help others.”

Over Seeding of Fairways at Legends Golf Club Now Complete, Course Ready for Winter Visitors

CLERMONT, Fla. --- With a new look on the fairways at Legends Golf Club in Clermont, golfers are ready for the winter season here. Jay Scruggs, general manager at Legends Golf Club, said they recently completed over seeding the fairways for the first time in six years; resulting in lush fairway turf on every hole. “The visual appeal of the fairways is almost as important as their playability,” Scruggs said. Also adding that, “Over seeding at this time of the year means golfers can look forward to a great season of playing golf on a beautiful course.” Scruggs said as many as three times the number of golfers will play Legends Golf Club over the next five months than in prior years. Legends Golf Club in Clermont also purchased 75 new 2013 Club Car Precedent model golf carts that will be available before Christmas, Scruggs added. Visit www.cgmgolfproperties.com.

Fasold Global Consulting marshals latest techniques, technology to help A-list firms gauge, guide executives, key workers

APOPKA, Fla. -- When million-dollar projects are on the table, precise, effective communication is critical. Misperceptions or miscommunication can kill a deal in an instant. So what happens to a company’s bottom line when a new team leader runs up against a sluggish status quo? Or when a star player can’t fit in with a team that has its own way of doing things? Regina Fasold, principal of Fasold Global Consulting in Apopka, knows the answer. “The bottom line always suffers and that means the whole team suffers,” Fasold said. “Every one of us comes with a set of skills and challenges. Knowing what those are---and using them effectively---is the key to maximizing the team’s potential, empowering team leaders and motivating teams that are substantially more productive,” Fasold said. Fasold’s company, Fasold Global Consulting, works with corporations, institutions and startup companies to help principals better understand their producers’ personalities, leadership skills and performance issues, and to help producers maximize their potential. Fasold focuses on innovative techniques known as Adaptive Testing to provide an accurate and in depth view of an employee’s strengths and challenges. “Adaptive Online Assessments are the wave of the future,” Fasold said. “Adaptive Online Assessments offer real time custom feedback based on answers the employees provide instead of questions that are predetermined,” she said. As an authorized global distributor of Everything Disc Assessments, Fasold Global Consulting helps companies around the world identify personality, leadership and performance issues at minimal cost. “Surveys range from testing high-potential leaders to full teams,” Fasold said. “We have a Comparison Survey that helps employees deal with each other most effectively.” Fasold’s Adaptive Online Assessments can help companies of any size access a full library of assessment tools they can use anytime. “Our Adaptive Online Assessments are designed for organizations that want to further their leadership development and get the most out of their people,” Fasold said. Fasold Global Consulting is a client company of the University of Central Florida Business Incubation Program located at the incubator site in Apopka. “We also offer onsite, in-depth workshops at any of the other nine UCF Business Incubation Program sites,” Fasold added.

Sales up 300 Percent this Year, Henin Homes to Start Construction of Two Luxury Move-In Ready Homes at Riviera Bella in DeBary in December

DeBary, Fla. --- Henin Homes will start construction of two ready-to-move-in luxury homes in December at Riviera Bella, the award-winning luxury community that overlooks the St. Johns River in DeBary. Matt Boltz, director of sales and operations at Henin Homes, said one of the new homes will offer four bedrooms and two-and-a-half baths in 2,354 square feet of living space with a two-car garage. Boltz said the home will be priced at $290,000 when it opens in the spring. A second home, with four bedrooms and two baths in 2,396 square feet of space with a two-car garage, will be priced at $310,000. Boltz said sales of luxury homes at Riviera Bella in 2012 are up more than 300 percent over 2011. Henin Homes, the exclusive home builder at Riviera Bella, reports it sold 24 new homes at Riviera Bella since Jan. 1. Boltz said revenues of more than $8 million represent a 300 percent increase over 2011 sales.

First Green Bank Plans to Open Downtown Orlando Branch Dec. 10 at 1118 S. Orange Ave.

Mount Dora, Fla. --- One of the nation’s greenest banks – and one of Florida’s safest – expects to open its doors for business in downtown Orlando Monday, Dec. 10 at 1118 S. Orange Ave. across the street from the Orlando Health campus and ORMC. First Green Bank, headquartered in Mount Dora with branch facilities in Ormond Beach and Clermont, was named one of America’s Greenest Banks by the American Banking Association and the Independent Bankers Association. A recent survey of 7,300 U.S. banks by MSN.com ranked First Green Bank one of the 359 safest banks in America and the only Central Florida bank to earn that distinction. First Green Bank is the only Central Florida Bank awarded the coveted 5-Star rating from Bauer Financial two years in a row. In addition, Carson Medlin has ranked First Green Bank #1 for asset quality. First Green Bank is one of only 20 world members in the Global Alliance for Banking on Values, which is a membership organization, made up of the world's leading sustainable banks. Members believe that we must improve the quality of life for everyone on the planet, recognizing that we are economically interdependent and responsible to current and future generations. Kenneth LaRoe, chairman of First Green Bank, said he hopes First Green Bank’s sustainable practices will inspire other businesses throughout the world. “Our mission is to do the right thing for the environment, our people, our community and our shareholders,” LaRoe said. “We’re a local bank with a global mission.” Downtown Orlando’s new First Green Bank facility had to undergo major changes before opening. “First Green Bank performed an extensive remodel of the leased space to bring it to a proposed LEED ® Silver standard,” LaRoe explained. LaRoe said he plans to host a more festive Grand Opening event after the holiday season. “Right now we want to get down to business,” LaRoe said. “We’re very excited to open an Orlando bank, and we look forward to a long and fruitful relationship with the City Beautiful,” he said. When First Green Bank opened its iconic headquarters facility in Mount Dora in 2011, it ranked as only the second privately owned commercial building in Florida to qualify for the U.S. Green Building Council’s LEED Platinum certification

Ashton Woods Homes Opens Two Move-In Ready Homes at Starling at FishHawk Ranch in Southeast Tampa

TAMPA, Fla. --- Ashton Woods Homes has opened two ready-to-move-in luxury homes at Starling at FishHawk Ranch, the master planned community located off FishHawk Blvd. west of Riverview in Southeast Tampa. Michael Roche, vice president of sales and marketing at Ashton Woods Homes in the Tampa Bay region, said the four bedroom homes offer three-and-a-half baths in 2,972 square feet of living space priced from $322,183. Ashton Woods Homes is building single-family luxury homes at Starling at FishHawk Ranch that range in size from 2,283 square feet of living space to 2,972 square feet in five distinctive designs. Ashton Woods Homes, headquartered in Atlanta, is one of the nation’s largest private homebuilding companies with operations in growth communities in Atlanta, Austin, Dallas, Houston, Killeen, Orlando, Phoenix, San Antonio, Raleigh and Tampa. For more information, visit http://www.ashtonwoods.com.

NAI Realvest Negotiates Four Industrial Lease Agreements in Sanford, Winter Park and Orlando Totaling More than 19,000 Square Feet

MAITLAND, Fla. --- NAI Realvest recently negotiated four lease agreements totaling 19,022 square feet at Monroe CommerCenter South in Sanford, at the Goldenrod CommerCenter in Orlando and at the industrial facility on Metric Drive in east Winter Park. Aron Harrison, broker associate at NAI Realvest, represented the new tenant, Boss Laser, LLC, in the lease of 2,000 square feet at 651 Progress Way in Monroe CommerCenter South in Sanford. Michael Heidrich, Sr. a principal in the firm, represented the landlord, COP-Monroe, LLC of Maitland. Heidrich Sr. also completed a lease agreement with Sanford-based Dignoti Group, Inc. a reupholstery and furniture repair company for 4,240 square feet at 4265 Church St. in Monroe CommerCenter. A.J. Property Holdings, LLC, the landlord at the industrial facility at 4100 Metric Drive in Winter Park, was represented by Heidrich, Sr, in the lease of Suite 700 with 6,000 square feet where the new tenant is a local firm of insurance adjusters and investigators, Specialty Group, Inc. A & B Stucco, Inc., longtime tenant at Goldenrod CommerCenter at 1467 N. Goldenrod Rd. in Orlando has expanded by leasing another 6,782 square feet and now occupies a total of 15,606 square feet at the industrial center. Heidrich Sr. brokered the transaction representing the landlord COP-Goldenrod, LLC of Maitland.

Golden Bear Club in Windermere Hosts 14 Teams at 2012 Ladies Member Guest Invitational Golf Tournament

WINDERMERE Fla. --- The Golden Bear Club in Windermere recently hosted 14 golf teams competing in the 2012 Ladies Member Guest Invitational Golf Tournament. Matthew Allen, director of golf at Golden Bear, said all 14 teams competed in the one-of-two best ball format over a two-day period. The first place net and first place gross teams from each flight competed in the final shoot-out, where the overall winning team was determined, Allen said. Golden Bear golf club member Cassandra Doty and her guest Myra Murray, were crowned the 2012 member guest champions. Flight shoot-out teams included Linda Palmer and Violet Rosenblit, Murray and Doty, Shelley Jones and Paul Hodges and Sherry Glisson and Linda Brown.

DiVosta Homes Starts Construction of Two Story, Three Bedroom Nautica Model Home at Windsor Park in Abacoa

Jupiter, Fla. --- DiVosta Homes has started construction of the two-story, three bedroom Nautica model home at Windsor Park at Abacoa, located east of I-95 on Indian Creek Parkway in Jupiter. Scott Mairn, vice president of sales and marketing for the South Florida Division of PulteGroup, DiVosta’s parent company, said the Nautica model home is priced from $297,000 for 1,831 square feet of living space with three distinctive elevations. The three-bedroom, two-and-a-half-bath Nautica model home also offers a two-car garage at the rear of the home, a master suite with a private balcony, tiled floors in all wet areas and shower walls, Whirlpool Gold Energy Star® appliances, a kitchen island and multiple exterior porches. The model is scheduled to be decorated and ready for viewing this Spring. “The Nautica model home at Windsor Park at Abacoa is a real breakthrough for DiVosta,” Mairn said. “It offers tremendous value, energy efficiency and remarkable design features.” DiVosta plans to build 380 new single-family homes and town homes at Windsor Park at Abacoa. Three-bedroom town homes range in size from 1,499 square feet of living space to 1,831 square feet priced from the $200s. Two, three, four and five-bedroom single-family homes at Windsor Park at Abacoa range from 1,791 square feet to over 3,768 square feet in 12 different floor plans priced from the $300s. Windsor Park at Abacoa will feature a community clubhouse with state-of-the-art fitness center, community and activity rooms, resident mailroom and catering kitchen. Outdoors, residents will enjoy a community swimming pool, barbeque grill, fire pit and event lawn. Visit Divosta.com/WindsorPark.