NAI Realvest Executives appointed to Board of Advisors of Florida Equity and Growth, LLC, to oversee EB-5 Immigration - 02/26/09 06:16 AM
MAITLAND, Fla. - NAI Realvest chairman George Livingston and broker associate Justin Woods have been appointed to the Board of Advisors of Florida Equity and Growth, LLC, which oversees applicants for EB-5 Immigration visas.Woods said the EB-5 Immigration visa is a special program that permits immigrants to obtain permanent resident status when they invest $500,000 to $1 million in U.S. businesses or real estate.Woods said he and Livingston plan to help immigrants explore U.S. real estate investment opportunities. For more information contact:George Livingston, Chairman NAI Realvest 407-875-9989 glivingston@realvest.com Justin Woods, Broker Associate NAI Realvest 407-875-9989 jwoods@realvest.com Janice Paiano, Director of Marketing, … (0 comments)

Stirling Investment and Commercial Group Appoints Ben Kraljev and Michael Fry Broker Associates - 02/26/09 06:07 AM
LAKE MARY, Fla. - Stirling Investment and Commercial Group, a division of Stirling International Realty in Lake Mary that focuses on commercial and investment properties, has appointed Ben Kraljev and Michael Fry broker associates.Frank Dever, managing director of Stirling Investment and Commercial Group, said Kraljev is a former vice president of SunTrust Bank who has more than 18 years of experience in commercial property investments and lending.  Kraljex is a graduate of Embry Riddle University in Daytona Beach.Fry, who has more than 25 years of experience in commercial property investments and sales,  also graduated from Embry Riddle University.For more information, contact:Frank … (0 comments)

Grubb & Ellis|Commercial Florida negotiates new long term lease of 50,000 square foot industrial facility in Lakeland - 02/26/09 05:43 AM
TAMPA, Fla. -- Grubb & Ellis|Commercial Florida, associated with 200 Grubb & Ellis offices worldwide, recently negotiated a long-term lease of a 50,000 square foot industrial facility at 4920 S. Frontage Rd. in Lakeland.Jan Boltres, CCIM and Mike Scott, principals and senior vice presidents at Grubb & Ellis|Commercial Florida, negotiated the lease agreement representing the landlord, RS Land Development, Inc., based in Rancho Santa Fe, Calif.The new tenant is Lakeland-based RINCAT, LLC, About Grubb & Ellis|Commercial FloridaGrubb & Ellis|Commercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment … (0 comments)

NAI Realvest Negotiates Long-Term Industrial Lease in Oviedo - 02/26/09 04:25 AM
MAITLAND, Fla. – NAI Realvest recently negotiated a new long-term industrial lease for 6,500 square feet at 650 Kane Court in Oviedo.Michael Heidrich, a principal in the firm, negotiated the lease representing the tenant, Oviedo-based Realmark Industries, LLC.    Orlando Business Park JV of Oviedo is the landlord.For more information, contact:Michael Heidrich, Principal, NAI Realvest 407-875-9989 mheidrich@realvest.com Janice Paiano, Director of Marketing, NAI Realvest 407-875-9989 jpaiano@realvest.com Beth Payan or Larry Vershel, Larry Vershel Communications 407-644-4142  About NAI RealvestNAI Realvest in Orlando, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and … (0 comments)

Major Central Florida Developer Says U.S. Stimulus Package Doesn't Provide Enough Incentive to Revitalize Home Building Industry - 02/26/09 04:20 AM
ORLANDO, Fla. --- A $7,500 tax credit for new home buyers proposed as part of President Obama’s economic stimulus package won’t be enough to spur the U.S. housing industry, says a major Florida community developer.David Kohn, president of ABD Development Company, in Orlando, which is developing the 2,200 acre Providence Golf & Country Club community in Polk County, said the proposed $7,500 tax credit may inspire some first-time home buyers but the housing slowdown is more complex and requires greater incentives.“The housing slowdown is industry-wide,” Kohn said. “A $7,500 tax credit is not enough to provide much incentive to home buyers … (0 comments)

Mattamy Homes USA Reports 46 Net Sales of New Homes in Jacksonville, Charlotte, Minneapolis and Phoenix during last two weeks in January - 02/26/09 04:16 AM
WINTER PARK, Fla. --- Mattamy Homes USA, the U.S. division of Canada’s largest home builder based in Winter Park, reports its Jacksonville, Charlotte, Minneapolis and Phoenix regions reported 46 nets sales of new homes during the last two weeks in January. Laura Bailey, vice president of sales and marketing for Mattamy Homes USA, said the average sale price during the two week period was $225,000.At Circle Cross Ranch, a new home community in Queen Creek near Phoenix, Mattamy Homes sold five new homes the week of Jan. 19 at an average sale price of $140,000.Bailey said Mattamy Homes USA plans to … (0 comments)

Cuhaci & Peterson Chairman tells shopping center planners, developers, retailers to stretch their comfort zones - 02/26/09 03:37 AM
ORLANDO, Fla. - Lonnie Peterson, chairman of Cuhaci & Peterson Architects of Orlando, was a featured speaker during the International Council of Shopping Centers (ICSC) West Florida Regional Conference in Tampa recently. Peterson told the group they should focus on stretching their comfort zones.“It isn’t 2005 any more, and we won’t see another real estate boom like that in our lifetimes,” Peterson told the group. “Our critical mission now is to reach out to new opportunities, to seek new ideas, and to develop new concepts, because that’s what America is looking for,” he said.For more information, contact:Lonnie Peterson, Chairman Cuhaci & … (0 comments)

Commercial Florida Management Reports Major Increase in Property Management Assignments - 02/25/09 06:34 PM
ORLANDO, Fla. --- Commercial Florida Management is reporting a big jump in commercial property management assignments.Robert Horton, vice president and senior property management director at Commercial Florida Management, said the firm now ranks as the fourth largest commercial property manager in the Central Florida region.  In 2008, Commercial Florida Management ranked 12th.Currently, Commercial Florida Management manages more than 4.7 million square feet of commercial space in the area. Horton said he expects to negotiate new management assignments that will bring that total to more than five million square feet over the next six months.“We have expanded and streamlined our operations at … (0 comments)

Three Commercial Brokers at Grubb & Ellis|Commercial Florida Among Top Winners in NAIOP “Best of The Best” Gala Awards Banquet - 02/25/09 05:53 PM
ORLANDO, Fla. -- Three commercial brokers at Grubb & Ellis|Commercial Florida were winners in the “Best of the Best” Gala Awards Banquet sponsored by the NAIOP Central Florida Chapter recently at Sea World’s Ports of Call.
Jeffrey Sweeney, SIOR, president of Grubb & Ellis|Commercial Florida, said David Calcanis, vice president of Land Services and a five-year veteran of Grubb & Ellis|Commercial Florida, was named one of the top three land sales brokers in 2008. Calcanis sold properties valued at more than $25 million last year.
Joe Rossi, senior vice president of investment services who joined Grubb & Ellis|Commercial Florida in 2004, … (0 comments)

Melrose-Sovereign Companies names Robin Travers Director of Business Development - 02/25/09 10:56 AM

ORLANDO, Fla. -- Melrose-Sovereign Companies, a property management firm based in Orlando with offices in Jacksonville, Tampa, Bradenton, Fort Myers, Palm Harbor and Port Charlotte, recently appointed Robin Travers director of business development.
Jack B. Hanson, co-founder and partner at Melrose-Sovereign Companies, said Travers is a graduate of Rollins College and has more than 12 years of experience in marketing and sales.
Ellen G. Lumpkin, co-founder and partner, said the firm currently manages properties for more than 150 developers, investors and owners throughout Florida.
For more information contact:
Ellen G. Lumpkin, Partner/Co-founder, Melrose-Sovereign Companies 407-228-4181; elumpkin@melrose-sovereign.com;
Jack B. Hanson, Partner/Co-founder, … (0 comments)

NEW OFFICE BUILDING UNDERWAY AT SAVANNAH PARK - 02/24/09 07:12 PM
 

Scott Ryan, president of Cotter-Ryan Commercial, LLC in Longwood (right) and Kelly Thomas Ryan, building owner/local attorney, are shown cutting the ribbon to dedicate a new two-story office building at Savannah Park at Heathrow. The first of two 20,000 square foot office facilities the firm is building is being developed by Kilcarriag Services LLC, which Scott Ryan also heads. Cotter-Ryan will occupy 5,000 square feet in the top floor of the building and will move in by early summer.
 
… (0 comments)

66 Stirling Sotheby's International Realty Agents Qualify as Certified Short Sale Specialists - 02/24/09 07:05 PM
ORLANDO, Fla. --- Sixty-six associates at Stirling Sotheby’s International Realty (www.StirlingSIR.com,) recently completed a technical training curriculum to qualify as Certified Short Sale Specialists (CSP).
Roger Soderstrom, owner and founder of Stirling Sotheby’s International Realty, said the training curriculum, developed by RealtyU Group, Inc. of Aliso Viejo, Calif., qualifies candidates as experts in short sale real estate transactions.
Short sales are property resales transacted with the approval of the lender for an amount that is less than the principal owed on the property mortgage. Short sale transactions often represent a viable alternative to foreclosure proceedings for both sellers and lenders.
Soderstrom … (0 comments)

66 Stirling Sotheby's International Realty Agents Qualify As Certified Short Sale Specialists - 02/20/09 12:32 PM
ORLANDO, Fla. --- Sixty-six associates at Stirling Sotheby’s International Realty (www.StirlingSIR.com,) recently completed a technical training curriculum to qualify as Certified Short Sale Specialists (CSP).
Roger Soderstrom, owner and founder of Stirling Sotheby’s International Realty, said the training curriculum, developed by RealtyU Group, Inc. of Aliso Viejo, Calif., qualifies candidates as experts in short sale real estate transactions.
Short sales are property resales transacted with the approval of the lender for an amount that is less than the principal owed on the property mortgage. Short sale transactions often represent a viable alternative to foreclosure proceedings for both sellers and lenders.
Soderstrom … (0 comments)

Emerson International Negotiates New Lease Agreements that total nearly 6,000 Square Feet of Office Space in Orlando, Altamonte Springs - 02/20/09 09:41 AM
ALTAMONTE SPRINGS, Fla. --- Emerson International recently negotiated new long-term lease agreements that total approximately 6,000 square feet of office space in Orlando and Altamonte Springs.
Kenneth Koch, commercial portfolio manager for Emerson International, negotiated two lease agreements, including
• Global Cruise and Tours, with 549 square feet of space at Major Center Plaza on Major Center Blvd. near Universal in southwest Orlando;
• RML & Associates renewed its lease for 1,876 square feet of office space at Major Center Plaza.
Sean Westcott, director of leasing at Emerson International, negotiated three new long-term lease agreements, including
• Gold Crest Commercial, with … (0 comments)

Ashton Woods Homes starts construction of two new model homes at The Landings in South Tampa, only 15 home sites remain for sale in first phase - 02/20/09 09:30 AM
TAMPA, Fla. --- Ashton Woods Homes has started construction of two new single-family model homes at The Landings off Interbay and Westshore Blvds. in South Tampa. Michael Roche, vice president of sales and marketing for Ashton Woods Homes in the Tampa Bay region, said the three-bedroom, two-bath Cortez II model home features 1,912 square feet of living space and is priced at $279,900. The other Coronado model home, with four bedrooms, three baths and a game room, features 2,669 square feet of living space, priced at $359,900. Roche said both new model homes will open in July. Only 15 home sites … (0 comments)

Grubb & Ellis|Commercial Florida cites natural cycles as strength of commercial real estate in economic downturn - 02/19/09 02:07 PM
ORLANDO, Fla. --- For Jeffrey Sweeney, SIOR, president of Grubb & Ellis|Commercial Florida in Orlando, Tampa and Melbourne, the commercial real estate market has many of the markings of a raging forest fire. And that’s the good news.
“Forest fires are natural phenomena, and the new growth that springs up is vibrant, flourishing and stronger than before,” said Sweeney. “The same thing is happening in our industry with this downturn. It will eliminate the weakest of companies and individuals,” he said.
Sweeney said the downturn will also bring new people into the industry with new ideas and a fresh outlook.
“For … (0 comments)

Ashton Woods Homes reports sales of 179 new homes in Orlando in 2008, up 48 percent over 2007 sales - 02/19/09 12:08 PM
ORLANDO, Fla. --- Ashton Woods Homes, which builds new homes in five neighborhoods in the Windermere area and two more in Seminole County, reports net sales of 179 new homes in 2008.
 
Michael Roche, vice president of sales for Ashton Woods Homes in the Orlando region, said the average sales price in 2008 was $284,000.
 
Roche said net sales in 2008 are up 48 percent over 2007 when Ashton Woods sold 121 new homes in the Orlando region.
 
Roche said he expects to see strong sales growth in 2009 as well.
 
“The housing market cycle is bottoming … (0 comments)

Ashton Woods Homes Reports Net Sales of 91 New Homes in the Tampa Bay Region in 2008, up more than 120 percent over 2007 - 02/19/09 11:52 AM
TAMPA, Fla. --- Ashton Woods Homes is reporting net sales of 91 new homes in five communities in the Tampa Bay region in 2008.
 
Michael Roche, vice president of sales and marketing for Ashton Woods Homes in the Tampa Bay region, said the average sales price in the Tampa Bay region in 2008 was $244,000.
 
Roche said sales in 2008 are up more than 120 percent over 2007 when net sales totaled only 38 new homes in the Tampa Bay region.
 
Roche said he expects to see strong sales growth in 2009.
 
“The housing market cycle is … (0 comments)

Ashton Woods Homes nears completion of new condominium building at Lakeside Condominium in Windermere - 02/18/09 02:56 PM
ORLANDO, Fla. --- Ashton Woods Homes, which reported 2008 net sales are up more than 40 percent over 2007, is nearing completion of 30 new condominiums at Lakeside at The Lakes of Windermere located off S.R. 535 in Windermere.
Michael Roche, vice president of sales and marketing at Ashton Woods Homes in the Orlando region, said 10 of the two and three-bedroom condominiums have already sold at prices starting from $129,900.
Condominiums in the new building that will be completed in early March, range in size from 1,161 square feet of living space to 1,455 square feet, Roche said.
Ashton Woods … (0 comments)

Stirling Sotheby's International Realty names new Sales Associate in Clermont Real Estate Gallery - 02/16/09 12:25 PM
CLERMONT, Fla. – Stirling Sotheby’s International Realty recently named Bernadette Chantayan sales associate in the firm’s Clermont real estate gallery on SR 50 east of U.S. 27. Diane Travis, managing director for Stirling Sotheby’s International Realty in the west central Florida region said Chantayan, a Clermont resident, holds a Bachelor in Arts degree from Leonard De Vinci College in Paris, France and has 13 years of real estate sales experience. Chantayan, a Multi Million Dollar Club member for several years in a row, was most recently a sales associate with Phoenix Realty International in Orlando. “We are very excited to have … (0 comments)

Grubb & Ellis|Commercial Florida negotiates sale of Tampa Festival Centre for $6.625 Million - 02/16/09 10:44 AM
TAMPA, Fla. -- Grubb & Ellis|Commercial Florida, which is associated with 200 Grubb & Ellis offices worldwide, recently negotiated the sale of Tampa Festival Centre for $6,625,000. The 131,278 square foot Tampa Festival Centre sits on 19 acres located at 2525 E. Hillsborough Ave. in Tampa. Michelle Seifert associate vice president and Josh Tarkow associate in the Retail Services Group at Grubb & Ellis|Commercial Florida, negotiated the sale representing the seller, New York-based Urban America, LP. Forge Capital Partners of Tampa purchased the property which includes a pad site occupied by Burger King and two additional pad sites for future development. … (0 comments)

Emerson International launches new web site at Emerson-US.com - 02/13/09 09:36 AM
ALTAMONTE SPRINGS, Fla. --- Emerson International, which owns, leases and manages more than 1.1 million square feet of office space in Central Florida, builds luxury condominiums in Altamonte Springs, golf course homes in southeast Orlando and custom waterfront homes in southwest Orlando, has launched a new web site at Emerson-US.com. Eric J. Emerson, vice president and general manager at Emerson International, said the new web site offers one click access to all Emerson properties for potential office tenants and condominium and home buyers. For more information about this press release contact Eric J. Emerson, Vice President and General Manager Emerson International, … (0 comments)

Construction Starts on Northpark Baptist Church in Baldwin Park designed by Cuhaci & Peterson Architects - 02/06/09 01:01 PM
NEWS RELEASE Construction Starts on Northpark Baptist Church in Baldwin Park designed by Cuhaci & Peterson Architects ORLANDO, Fla. --- Construction has started on the $4 million Northpark Baptist Church on Prospect Avenue in Baldwin Park in Orlando. Cuhaci & Peterson Architects, LLC, based in Baldwin Park, designed the church, which includes a worship center and educational facility. For more information, contact Lonnie Peterson, Chairman Cuhaci & Peterson Architects, LLC 407-661-9100 Jed Downs, President Cuhaci & Peterson Architects, LLC 407-661-9100 Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 … (0 comments)

Veteran real estate professional and educator joins staff of Coldwell Banker Commercial in Orange City - 02/06/09 11:36 AM
ORANGE CITY – Tom Milton, a state-certified real estate instructor, has joined the staff of Coldwell Banker Commercial AI Group in Orange City as a broker associate. Milton – who most recently was a broker, director and general manager for the Coldwell Banker Real Estate Network throughout Volusia County – has 22 years of experience in both residential and commercial real estate sales, according to John Wanamaker, broker of the Orange City Coldwell Banker Commercial office. “We’re very excited to have someone with Tom’s extensive knowledge and experience join our company,” Wanamaker said. Milton is also chief administrator and instructor of … (0 comments)

Only 10 Home Sites Remain for Sale at Sagamore Trace, Where New Homes are Priced from the $180s - 02/06/09 10:52 AM
NEWS RELEASE Only 10 Home Sites Remain for Sale at Sagamore Trace, Where New Homes are Priced from the $180s TAMPA, Fla. --- Only 10 home sites remain for sale at Sagamore Trace, a new home community Ashton Woods homes is developing on S. Kingsway Rd. between I-4 and I-75 in North Brandon. Michael Roche, vice president of sales and marketing at Ashton Woods Homes in Tampa, said new three, four and five bedroom homes at Sagamore Trace range in size from 1,712 square feet of living space to 3,435 square feet. New homes at Sagamore Trace are priced from $189,900 … (0 comments)

Ashton Woods Homes Sales Counselor Logs Eight Condominium Sales in Four Weeks at Lakeside Condominiums in Windermere - 02/06/09 09:55 AM
ORLANDO, Fla. --- Heidi Keith, who has been with Ashton Woods Homes as a sales counselor for less than one year, posted record sales recently. Michael Roche, vice president of sales and marketing at Ashton Woods Homes in the Orlando region, said Keith sold eight new condominiums at Lakeside Condominiums at an average sale price of $160,000 in a four week period. Lakeside Condominiums are located off S.R. 535 in Windermere “We have a remarkable combination of location, pricing and design at Lakeside Condominiums, which have proved very popular,” said Roche. Ashton Woods Homes is a subsidiary of the Great Gulf … (0 comments)

 

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