Friday, August 19, 2011

Mattamy Homes Teams with Beasley & Henley for Model Design


 
Winter Park, FL --(PR.com)-- Award-winning Beasley & Henley Interior Design is pleased to again provide dynamic Merchandising and Interior Detailing for two new Mattamy Homes town home models, located at The Reserve at Loch Lake (Lake Mary Blvd and Sterling Pine Road).

The models will reflect the community’s appeal to professionals and modern families.

The Capri’ will showcase a young, vibrant home with an easy, inviting style appealing to a broad range of clientele.

The Venice’ model is designed for a young professional couple, but its transitional style will appeal to many buyers.

The homes at Loch Lake range in size from 1,500 to 1,800 square feet and will be priced from the mid $100’s. The models will install in the fall of 2011.

Beasley & Henley merchandises Model Homes, Condos, Common Areas, and Commercial Spaces in all price r

Contact:
Beasley & Henley Interior Design
Stephanie Henley
407-629-7756
  

Greystar Announces New Luxury Mid-Rise Community in Dallas, TX




Dallas, TX, Aug. 19, 2011 --(PR.com)-- Greystar Real Estate Partners has been awarded the management of a new luxury development under construction named “The BLVD,” in Dallas, Texas.

 The five-story, mixed-use mid-rise community is being developed by Prescott Realty Group in partnership with Northwestern Mutual and Apollo Real Estate Advisors, and will have 417 units and 9,100 SF of retail space.

 The property is located along a strategic stretch of SMU Blvd and Greenville Ave (just north of Mockingbird Lane) in the University Crossing neighborhood, within walking distance of Southern Methodist University.
  
The BLVD is phase three of a neighborhood revitalization project undertaken by Prescott that includes a nearby parking garage and The Shelby, a high-end boutique property managed by Greystar as well. Prescott and its partners have designed The BLVD to meet U.S. Leadership in Energy and Environmental Design (LEED) requirements, to enable it to achieve Silver Certification.

To learn more about Greystar, visit www.Greystar.com.

 To learn more about Prescott Realty Group, visit www.prescottrealtygroup.com.

Contact:
Greystar
Tricia Peters
(602) 522-1228
  

ERG Property Advisors Announces Burger King Closing in Louisville, KY



New York, NY, Aug.  19, 2011 --(PR.com)-- ERG Property Advisors is proud to announce the sale of a corporate-backed Burger King, located at 1820 Blankenbaker Parkway in Louisville, KY. ERG was the exclusive broker who represented the seller.

The Burger King triple net lease sold for $1,015,000, which represents a cap rate of 8.8%. The building is 3,500 square feet and is situated on a 47,045-square-foot lot.

Founded in Florida in 1954, Burger King® has grown to become an internationally recognized brand with 11,220 franchised and company operated restaurants in 60 countries worldwide.

 The founders’ visionary belief in the guiding principle of offering reasonably priced, quality food, served quickly, in clean surroundings, still stands today.

Burger King Corporation demonstrated its innovation again in 1975 when it began to offer drive‐thru service at its restaurants, appealing to increasingly mobile and time conscious consumers.

 This Burger King is operated by Carrols Restaurant Group, Inc. Listed on the NASDAQ (TAST), Carrols is a Syracuse, New York-based operator of three fast-food restaurant chains. It is the United States' largest Burger King franchisee, owning and operating about 330 units in a dozen states in the Northeast, Mid-Atlantic, and Midwest.

ERG’s Andrew Greenberg (lower right photo) represented the seller. For more information about this property, please contact Andrew Greenberg at (646) 253-0950 or at agreenberg@ergpa.com.

Contact:
ERG Property Advisors
Michelle Babinsky
212 807 6640
 

Castle on the Park Now Home to Children’s Day School in San Francisco




San Francisco, CA, Aug. 19, 2011 --(PR.com)-- Celebrated as one of the City’s most extraordinary properties, the Castle on the Park (top left photo) at 601 Dolores Street has been sold, and is now home to Children’s Day School, functioning as a second campus to accommodate middle school students.

The stunning Gothic Revival style building was listed as one of the largest and most extraordinary single family homes in San Francisco. Built in 1910, the property features breathtaking public rooms with soaring, coffered, hand-painted ceilings, magnificent chandeliers, beautiful stained glass windows, as well as impressive arched windows framing Dolores Park.

Dubbed “Castle On The Park” by Hill & Co. REALTORS® John Woodruff and Marcus Miller, the property was the topic of countless posts and articles both online and in print across the country.

Founded in 1956, Hill & Co. Real Estate is a San Francisco brokerage long associated with the City’s finest properties. With four offices and nearly 100 full-time agents, the company enables clients to successfully navigate San Francisco’s complex real estate market. Two additional Hill & Co. offices provide property management and rental services. For more information, visit www.hill-co.com.

 Contact
Hill & Co. Real Estate
Garey De Martini
415.321.4362
gdemartini@hill-co.com


 

O’Dwyer Homes Now Pre-Selling Elegant Craftsman and Victorian Style New Homes at Mead Crossing, Georgia in Sought After Grant Park Historical District



 Atlanta, GA, Aug. 19, 2011 --(PR.com)-- Mead Crossing is a private enclave of only 14 Energy Star custom new homes built by O’Dwyer Homes, one of Atlanta’s leading award-winning Certified Professional Homebuilders with more than 25 years of building experience.

Priced from the $280’s, Mead Crossing is a private and intimate community where graciously appointed residences combine elegant craftsman and Victorian architectural exterior with modern functionality to blend in with the historical detail of the homes in the distinguished Grant Park District.

To visit Mead Crossing from I-20 Heading East, take exit 59A (Boulevard Ave.) Continue right on to Boulevard, once you pass Zoo Atlanta and Grant Park, take a left on Mead Street, Mead Crossing is on your right.

For more information on Mead Crossing call 678-459-4230 or O’Dwyer Homes at 770-887-2177 or visit www.odwyerhomes.com/meadcrossing.

 Follow them on Twitter@odwyerhomes, search O’Dwyer Homes on Facebook and search O’Dwyer Homes on YouTube.

Contact Information
O'Dwyer Homes
Lisa O'Dwyer
404-309-8889


 

RE/MAX Zonal Broker Owners Meet in Ahmedabad, India


 Ahmedabad, India, Aug. 19, 2011 --(PR.com)-- RE/MAX had organized a Beta Zone’s zonal meet of 8 RE/MAX regions, consisting of North Gujarat, South Gujarat, North Mumbai, South Mumbai, Mumbai Suburban, Pune, Vidharbha, and Rest of Maharashtra on 31st May 2011 at AMA, Ahmedabad.

Here all the Broker owner’s that were invited to attend the session, taken by Mr. Larry Oberly, lower right photo (Vice President RE/MAX International), Mr. Jan Repa (Manager International Development) and Mr. Mccool Ronan (Chief Operating Officer RE/MAX India).

Points covered during the session:
· Set menu of services
· Set development plan
· Set retention plan
· Track agent performance
· Set office policies
· Inventory management
· Marketing strategy of the office
· Payment and collection policies
· Co-operation networking


Contact Information
RE/MAX
Aashil Patel
91-99090 66999
504, Abhijeet - 1
Mithakali Cross Roads,
Navrangpura
Ahmedabad – 380009
 

Eagle Creek Golf Club in South Orlando Unveils Fleet of New Club Car Precedent Golf Carts



 ORLANDO, FL–Eagle Creek Golf Club (top left photo), located at the on Narcoossee Road south of Lake Nona in southeast Orlando, will turn the keys to a fleet of 72 new Club Car Precedent golf carts.

David A. Evangelista, general manager at Eagle Creek Golf Club, said Club Car Precedent golf carts rank as the premier public course carts in the U.S.

“Precedents are particularly well known for reliability,” Evangelista said.

Celebration Golf Management leases and operates Eagle Creek Golf Club.

For media information, contact: 

David A. Evangelista, General Manager, Eagle Creek Golf Club 407-243-4913
Gene Garrote, President, Celebration Golf Management, 407-566-1045
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 or 407-461-3780,  lvershelco@aol.com   

Stirling Sotheby’s International Realty Targets Bulk Sale of Bella Tuscany in Seminole County, FL





ORLANDO, Fla. --- Stirling Sotheby’s International Realty was named exclusive sales and marketing agents for Bella Tuscany (top left photo), an exclusive luxury home subdivision located in Seminole County on E.E. Williamson Road between Longwood and Lake Mary that’s being sold at a highly discounted bulk sale price.

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said International Luxury Home Specialists Sally Andy (middle right photo) and David Warren (lower left photo) are representing the property which includes seven luxury home sites that range in size from one-fourth to one-half acre.

“We expect the builder who purchases the property to build custom homes that will sell in the $350,000 to over $500,000-range,” Andy said. 

With a gated entry and lush landscaping, several homes at Bella Tuscany will have water views and the property is convenient to top-rated primary and secondary schools.

All seven luxury home sites are being offered at a discounted bulk sale price of just $579,900, Warren said.  

To view a brochure on the property, visit www.sallyandy.com/BellaTuscany.

For media information, contact: 

Sally Andy, Stirling Sotheby’s International Realty 407-687-7295 sally@sallyandy.com;
David Warren, Stirling Sotheby’s International Realty 407-928-3760 david@sallyandy.com;  
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890; rsoderstrom@stirlingSIR.com;
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 or 407-461-3780,  lvershelco@aol.com   


First Green Bank is First Bank to make a 100 Percent Commitment to Install Electric Vehicle Charging Stations at All of its Locations



EUSTIS, FL  – First Green Bank in Lake County is the first bank in the region to install electric vehicle charging stations for customers who want to recharge their automobiles while they do their banking.

Kenneth LaRoe (lower right photo), chairman and chief executive officer, said he believes that First Green Bank is also the first bank in Florida to make a 100 percent commitment to install electric vehicle charging stations at all of its locations.  First Green Bank’s Clermont facility was the area’s first to install an electric vehicle charging station.

When First Green Bank opens its new headquarters in Mount Dora in the fall it will also provide this complimentary service to its customers, and it will be completely powered by the solar panels at that location, LaRoe said.

For more information about this press release, contact:  
Audrey O’Shaughnessy, Marketing Director, First GREEN Bank, 352-483-9100, Audrey@firstgreenbank.com;
Kenneth E. LaRoe, Chairman CEO, LEED® AP, First GREEN Bank, 352-483-9100, ken@firstgreenbank.com
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 or 407-461-3780,  lvershelco@aol.com   

HFF secures $18 million first mortgage for M&I Plaza in Indianapolis



INDIANAPOLIS, IN – HFF announced today that it has secured an $18 million first mortgage for M&I Plaza (top left photo), a 28-story, 430,178-square-foot, Class-A office tower in downtown Indianapolis, Indiana.

HFF worked on behalf of the borrower, North Penn Associates, which is managed by True North Management Group, LLC (“True North”), to secure the five-year, floating-rate loan through co-lenders First Merchants Bank, N.A. and The National Bank of Indianapolis.  True North initiated management of M&I Plaza 18 months ago and since then has increased occupancy from 20 percent to more than 50 percent. 

M&I Plaza is located at 135 North Pennsylvania Street across the street from Chase Tower in Indianapolis’ central business district.  Developed in 1988, the property is anchored by two major tenants: M&I Bank and the GSA/Department of Defense. 

Building amenities include a conference center, fitness center with locker rooms, 386-stall parking garage, CVS Pharmacy, M&I Bank branch, Side Street Deli and King David Dogs. 

The HFF team representing the borrower included senior managing director Dave Keller (lower right photo) and senior real estate analyst Ken Martin.

True North was formed in 2004 and is a privately-held real estate investment management firm headquartered in White Plains, New York.

Contacts:    
David B. Keller, HFF Senior Managing Director, (317) 630-3191 dbkeller@hfflp.com                                    
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500,
krmurphy@hfflp.com          

HFF named to market for sale Gates of Deer Grove in Palatine, IL


                             
CHICAGO, IL – HFF announced today that it has been named to market for sale Gates of Deer Grove (top left photo), a 204-unit, recently renovated multi-housing community in Palatine, Illinois.

HFF is marketing the property on behalf of the seller, The Laramar Group, LLC, and expects to call for offers in mid-September.  The community is being offered “all cash”.

Gates of Deer Grove is located at 125 W Dundee Road north of Interstate 90 in the northwestern Chicago suburb of Palatine.  The property features studio, one- and two-bedroom units within six residential buildings.  Community amenities include a new clubhouse with multi-media theatre, internet café, fitness center, social activities room, outdoor pool and dog park.

The HFF investment sales team representing The Laramar Group, LLC is led by executive managing director Matthew Lawton (lower right photo) and managing directors Sean Fogarty and Marty O’Connell.

The Laramar Group, LLC is a fully-integrated real estate investment and management company, with corporate headquarters in Chicago and property management headquarters in Denver.  For more information, visit www.laramargroup.com.

Contacts:    
Matthew D. Lawton, HFF Executive Managing Director, (312) 528-3650 mlawton@hfflp.com                                                                                     
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500,
krmurphy@hfflp.com          

Marcus & Millichap Arranges Sale of $14.1 Million South Florida Multifamily Asset



 LAUDERDALE LAKES, FL– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has closed on the sale of Hawaiian Palms (top left photo), a 245-unit multifamily property in Lauderdale Lakes. The sales price of $14.1 million represents $57,551 per unit and $58 per square foot.

Craig Porter (lower left photo), a senior associate, and Darryl Matus, a multifamily property specialist, both in the firm’s Fort Lauderdale office, represented the seller, a Plantation, Fla.-based limited- liability company. Porter also represented the buyer, a South American private investor.

Bill Papagno and Michael McCleary, directors in Marcus & Millichap Capital Corporation’s Fort Lauderdale office, arranged financing for the transaction.

“Hawaiian Palms represents one of the very highest price-per-door, price-per square foot, and overall sales price amounts in the history of Lauderdale Lakes,” says Porter.

 “This was a great opportunity for an investor to acquire a turn-key apartment community in a historically high-occupancy location. The sale suggests a clear recognition that the marketplace sees value and upside in the South Florida commercial multifamily market,” Porter continues. 

“The buyer plans to add further amenities while continuing to provide quality housing for tenants,” adds Porter. “Marcus & Millichap’s national platform and the collaboration between its 1,200 agents generated 70 showings and 18 legitimate offers.”

The 245,000-square foot property is located on 12 acres at 3540 NW 50th Ave., one block north of Oakland Park Boulevard. and the Florida Turnpike.

Hawaiian Palms was constructed between 1986 and 1987 and consists entirely of 1,000-square foot two-bedroom/two-bath units.

The property is lushly landscaped and borders a scenic canal. Community amenities include five elevators, a clubhouse, a fitness center, pool and spa, children’s play area, a car service area, picnic areas and a recently re-paved parking lot with two spaces for each unit.

Apartments feature central air-conditioning, individual hot water heaters, dishwasher, garbage disposal and private screened-in balconies.

Located in central Broward County, Lauderdale Lakes is part of the Miami-Fort Lauderdale-Pompano Beach MSA.

Contact: Stacey Corso, Public Relations Manager, (925) 953-1716

BankUnited Lends $22 Million to The Graham Companies in Miami Lakes, FL

   


 
 BankUnited employees pictured with The Graham Companies President and CEO Stu Wyllie (fifth from left). From left to right: Zory Martinez, Sabine Bouchereau, Barbara Burke, Jeffrey Stratmore, Stu Wyllie, Nic Bustle, Fernando Gomez and Bob Hummel.


Construction Begins on The Residences at Lakehouse in Miami Lakes

 

MIAMI LAKES, FL. – BankUnited provided $22 million in the form of a commercial loan to finance The Graham Companies’ newest project, The Residences at Lakehouse, which recently broke ground on a 20.9 acre site along Commerce Way west of Northwest 82nd Avenue in Miami Lakes.

 The Residences at Lakehouse, projected for completion in December 2012, will feature 21 multi-family buildings containing 270 luxury rental units.  General contractor for the project is CB Constructors, a division of Current Builders.  Coconut Grove architect Roger Fry is responsible for the design.

 According to BankUnited’s Nic Bustle, senior executive vice president for corporate and commercial lending, “This project has been talked about for a while, and we are proud that BankUnited provided the financing to see it through to fruition.  BankUnited is committed to supporting Florida’s economic recovery by providing businesses such as The Graham Companies, well-respected for its development of Miami Lakes, with access to financing.”

 Executives on hand for the groundbreaking of Lakehouse Apartments were: Stu Wyllie, president and CEO, The Graham Companies; Nic Bustle, senior executive vice president, corporate and commercial lending, BankUnited; and Fernando Gomez, vice president, corporate and commercial lending, BankUnited, who played a key role in the deal.  

 BankUnited, headquartered in Miami Lakes, Fla., is one of the strongest and most well-capitalized banks in the country. Serving businesses and consumers in 13 Florida counties through more than 80 branches, BankUnited provides a wide range of commercial and consumer banking services. For additional information, call (877) 779-2265 or visit www.BankUnited.com.

 Established by brothers Phil, Bill, and Senator Bob Graham, The Graham Companies is responsible for single-handedly envisioning, planning, and developing Miami Lakes on what was once the family's dairy land. Today, as the town's largest landowner, The Graham Companies plays a significant role in guiding and shaping the community built by its founders.




 
From left, above photo: : Alan Stocker, Current Builders; Roger Fry, architect; Luis Martinez, The Graham Companies; Nic Bustle, BankUnited; Stu Wyllie, The Graham Companies; Fernando X. Gomez, BankUnited; Chip Reid, Current Builders; and Alex Saillant, The Graham Companies.

 Contact: Mary Harris, BankUnited, 305-817-8117,