Monday, July 20, 2015

Centex Homes to Host Grand Opening Aug. 8-9 to Showcase New Model Townhome at Gated Jackson Park in Southeast Orange County, FL


Lyndsey Patterson

Orlando, FL--- Centex Homes will unveil its new three-bedroom Montenero model town home condominium at a grand opening Saturday and Sunday Aug. 8-9 at 10797 Corsican St. Orlando 32835 in Jackson Park, located off Wetherbee Road just east of Orange Ave.

Lyndsey Patterson, director of marketing for Centex Homes in North Florida, said the grand opening event is scheduled from 10 a.m. to 6 p.m. on Saturday and from noon to 6 p.m. on Sunday.

Patterson said the event is free and the public is invited to the gated community for tours of the new Montenero model townhome as well as nearby finished move-in ready townhomes.

A total of five move-in ready homes will be available by the fall, she added.

With three bedrooms, two full baths and a half-bath in 1,619 square feet of living space, the two-story Montenero is a model of efficiency, Patterson explained.

For a complete copy of the company’s news release, please contact:


Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

Marcus & Millichap Arranges Sale of 4.1-Acre Manufactured Home Community in Lakeland, FL


Dan Mulkey
LAKELAND, FL, July 20, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Country Villa Mobile Home Park, a 4.1 acre manufactured homes community in Lakeland, Fla., according to Richard D. Matricaria, regional manager of the firm’s Tampa office. 

The asset sold for $904,000.

Daniel Hurd, associate, and Dan Mulkey, vice president investments, in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a personal trust.  

The buyer, a private investor, was secured and represented by Daniel Hurd, Dan Mulkey and Paul Bouldin, senior associate, in the firm’s Tampa office. 

Country Villa Mobile Home Park is a 45-space, senior mobile home community located at 5435 Lewellyn Road in Lakeland, Florida. This is just four miles north of Interstate 4 in Polk County, which is centrally positioned only 45 minutes between Orlando and Tampa.

Daniel Hurd
The community was built on approximately 4.1 acres in 1970 and has been family owned and operated since then. 

There is a mix of single and doublewide homes, consisting of eight site rentals, 29 park-owned units and eight vacant lots. The community has several long term residents.

“Both the buyer and seller are local Lakeland residents and have a background in the mobile home industry. The buyer sees an opportunity to capture upside in this investment by filling the vacant lots and rental homes,” says Hurd.

For a complete copy of the company’s news release, please contact:

Richard D. Matricaria
Vice President/Regional Manager, Tampa

(813) 387-4700

Mike Edelman Joins Meridian Capital Group as a Senior Managing Director Focusing on Debt Origination and Agency Production


Michael Edelman
 New York, NY, July 20, 2015– Meridian Capital Group, America’s most active debt broker, announced today that Mike Edelman joined the Company today as a Senior Managing Director, reporting to Ralph Herzka, Meridian's Chairman and CEO.

Mr. Edelman will be responsible for originating new debt opportunities, augmenting existing client relationships, and providing leadership of Meridian’s national agency business.

 He will also play a central role in sourcing and placing loans generated by Meridian’s newly-formed investment sales platform.

Mr. Edelman joins Meridian from Capital One Multifamily Finance where he was a Senior Vice President responsible for northeast region agency production, managing several regional production teams and overseeing the company’s Freddie Mac relationship. 

Prior to Capital One and beginning in 2011, Mr. Edelman worked for Beech Street Capital, which was acquired by Capital One in 2013. 

For a complete copy of the company’s news release, please contact:

Jonathan Stern
Meridian Capital Group
212/972-3600

Berger Commercial Realty Brokers Close Three Leases Totaling More Than 9,000 Square-Feet of Space in Florida


Greg Milopoulos
FORT LAUDERDALE, FL (July 20, 2015) - Brokers from Berger Commercial Realty, a full service commercial real estate firm based in South Florida, recently closed three new leases across the state totaling 9,541 square-feet of space.

Tampa

Greg Milopoulos represented SAQ Gulf Holdings, LLC in leasing 4,000 square-feet of warehouse space from landlord Madison Business Park, LLP. at 4610 Eagle Falls Place in Tampa within the Madison Business Park

Hollywood

Joseph Byrnes and Jonathan Thiel represented landlord POAL WK Taft, LLC in leasing 3,349 square-feet of office space, located within the Taft Office Complex, to A Family Member Home Care. Located at 6565 Taft St. in Hollywood.

Fort Lauderdale

Byrnes and Thiel also represented SmartWater CSI, LLC in leasing 2,192 square-feet of office space at Pinnacle Corporate Park, located at 500 W. Cypress Creek Road in Fort Lauderdale, from landlord Castlepoint Florida Insurance Company.

For a complete copy of the company’s news release, please contact:

Media Contact: 954-776-1999
Lexi Robinson, ext. 255, lrobinson@piersongrant.com

Marielle Sologuren, ext. 226, msologuren@piersongrant.com

Regency Centers Amends Bylaws to Align with Industry Standards and Best Practices


JACKSONVILLE, FL--(BUSINESS WIRE)-- Regency Centers Corporation (NYSE: REG) (“Regency” or the “Company”), a leading developer, owner and operator of shopping centers nationwide, today announced that its Board of Directors has amended certain of the Company’s bylaws and employment agreements.

The Board, with the assistance of outside legal and compensation advisors, undertook a thorough review and determined to amend certain policies in accordance with current best practices.

The changes include: implementation of a proxy access bylaw; adoption of an exclusive forum bylaw; irrevocably opting out of Florida’s control share acquisition statute without shareholder approval; establishing a 25% stock ownership threshold required to call a special shareholder meeting;

 amending the Company’s bylaws to include a majority vote standard, such that director nominees can only be elected to the Board with the support of a majority of shares voted in an uncontested election, and; executing new employment agreements with its executive officers.

Complete details can be found in the Company's Form 8-K filed today with the Securities and Exchange Commission.

For a complete copy of the company’s news release, please contact:

Regency Centers Corporation
Michael Mas, 904-598-7470