Avalonpark Texas LP Enters Agreement with David Weekley Homes to be Sole Home Builder at The Springs at Walnut Creek in North Austin, TX

AUSTIN, TX - David Weekley Homes has signed with Avalonpark Texas LP as exclusive home builder at The Springs at Walnut Creek, a new residential community under development near Interstate 35 and Yager Lane in North Austin, TX.

Richard Kunz, (top right photo)  who heads Avalonpark Texas LP, developers of The Springs at Walnut Creek, said David Weekley Homes will build 111 new homes priced from under $200,000 starting later this year.

Kunz said Avalonpark Texas LP is developing The Springs at Walnut Creek in three phases starting in June. Infrastructure improvements, two access roads and 55 single-family home sites are included in the first phase, which will be complete by September.

David Weekley Homes is expected to start construction of a model home and ready-to-move-in homes at The Springs at Walnut Creek that will open in October, Kunz said.

Development of a second phase with 56 single-family home sites should commence in the fall, Kunz said. A third phase with 40-60 town home sites should start next spring.

Kunz said single-family homes will be priced from $199,000 to $299,000. Town homes will be priced from the $150s.

Avalonpark Texas LP is a Texas joint venture of Avalon Park Group, which is headquartered in Orlando, Fla.

For more information, contact:
Richard Kunz Avalonpark Texas, L.P. 512-695 3356 rkavalonaustin@aol.com;
Beat Kahli, CEO Avalon Park Group / Avalonpark Texas, L.P. 407-658-6565;
Eric Marks, Vice President, Avalon Park Group 407-658-6565, ericm@avalonparkgroup.com;
Stephanie Hodson, Marketing Coordinator, Avalon Park Group 407-658-6565;
Larry Vershel, Larry Vershel Communications 407-644-4142, Lvershelco@aol.com

Mattamy Homes division President Dennis Ginder Named top Male “40 Under 40” Executive in Jacksonville

JACKSONVILLE, FL-– Dennis Ginder (top right photo), division president of Mattamy Homes in the Jacksonville region, was named one of the top Male “40 under 40” Executives to watch in Northeast Florida by Jacksonville Business Journal, a leading Northeast Florida business news outlet.

Ginder was nominated by his peers and was one of forty selected out of 170 nominated for the honor. The award was based on his community service and achievements in the industry he serves.

Ginder joined Mattamy Homes in 2008, and his division posted a 38 percent increase in 2009 sales over the previous year. He is active in St. Johns Habitat for Humanity, Northeast Florida Builders Assn. and the St. Johns County Builders Council.

Mattamy Homes expanded into the U.S. in 2003 and has divisions in Jacksonville, Orlando, Charlotte, Phoenix and Minneapolis. The homebuilder is the largest and most active in Canada with annual revenues exceeding $1.3 billion. Visit www.mattamyhomes.com.

For more information,  contact:
Kerry Soltis, Marketing Manager, Mattamy Homes-Jacksonville, 904-279-9502
Dennis Ginder, Division President Mattamy Homes-Jacksonville, 904-279-9500
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Meritage Homes to Host Grand Opening May 5 to Showcase New Model Home with Eight Bedrooms at Forestbrooke in Ocoee, FL

ORLANDO - Meritage Homes will host a grand opening May 5 at Forestbrooke, located at 3131 Jamber Drive off Ocoee-Apopka Road in Ocoee.

Pam Whitmore, Marketing Manager at Meritage Homes in the Orlando region, said 42 home sites are available at Forestbrooke with three, four, five, six, seven and eight-bedroom homes priced from $169,990 to $249,990. All the homes in Forestbrooke are built to meet ENERGY STAR® criteria.

Whitmore said Meritage Homes will showcase a new Monticello model home at the grand opening that offers six bedrooms, four baths, media room, study and large game room. The 4,160 square foot single-family home with a three-car tandem garage is priced from $249,990.

For more information, contact:
Pam Whitmore, Marketing Manager / Meritage Homes-Orlando 407-712-8664 Pam.Whitmore@meritagehomes.com;
 Brian Kittle, Director of Sales, Meritage Homes-Orlando, 407-712-8669; Brian.Kittle@meritagehomes.com;
Larry Vershel, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

The Georgian Terrace Hotel Unveils Six New Penthouses and nine New Premier Suites

ATLANTA, GA) – Atlanta’s Modern Classic continues to improve after an $11 million renovation. Fremont Realty Capital recently unveiled six fully renovated penthouses and nine premier suites at The Georgian Terrace Hotel (top left photo) 

 These come on the heels of last year’s opening of Livingston Restaurant + Bar (bottom right photo)  and complete renovation the hotel lobby and Atlanta’s two best ballrooms plus the addition of a third ballroom and board room.

The renovation also included brand new beds and flat panel TVs in all of the rooms, new complimentary high speed Wi-Fi internet throughout the property and upgrades to the hotel’s conference center and common areas.

The six penthouses range in size from 1,500 to 2,500 square-feet, some with two bedrooms and two baths and some as large as three bedrooms and two and a half baths. The nine premier suites feature one, two and three bedrooms. All of the renovated rooms included new carpet, paint, wall coverings, furniture, fixtures, beds, baths and new kitchens.

Opened in 1911, The Georgian Terrace was designed in the Beaux Arts style as a Southern interpretation of a Parisian hotel. A 1991 renovation added the 19-story wing and 20-story rounded atrium tower.

The Georgian Terrace Hotel has a total of 326 guestrooms ranging in size from our petite standard rooms to our three-bedroom suites, complete with kitchens and washer/dryers, and six penthouses.

There is a penthouse gym and rooftop pool as well as 5,514 square feet of dedicated IACC meeting space and over 16,000 square feet of total meeting space. Situated in the heart of the Midtown’s arts and cultural district, it is within walking distance to great restaurants, museums and retail.

Information Contact:

Liz Lapidus/Callie DeVore, Liz Lapidus Public Relations, 404-688-1466, liz@lizlapiduspr.com

Alexan Back Beach, Panama City Beach, FL - Engler Financial Group Exclusive Offering

ATLANTA, GA--Engler Financial Group, LLC is proud to present Alexan Back Beach, (top left photo) an upscale 360-unit apartment community located in Panama City Beach, Bay County, Florida. Built in 2007, Alexan Back Beach offers market-leading community amenities and an outstanding location near Simon's new Pier Park regional mall, major employers, and pristine Gulf of Mexico beaches.

Alexan Back Beach is being offered for sale on an unpriced basis and represents an excellent opportunity to purchase a Class “A+” apartment community in one of the Florida Panhandle's fastest growing markets. The operations at the property continue to excel. Alexan Back Beach is currently 99.4% leased and 93.3% occupied. Concessions continue to decline since stabilizing.

Alexan Back Beach benefits from its ideal location along Panama City Beach Parkway (U.S. Highway 98), the region's primary east-west thoroughfare. The Property has outstanding proximity to all major employers in the region, including Tyndall Air Force Base, Naval Support Activity, Bay Medical Center, and Sprint-Nextel.

Alexan Back Beach is located approximately five miles east of the Pier Park regional lifestyle center, an upscale retail shopping and entertainment venue recently developed by Simon Property Group along U.S. Highway 98. Pier Park is the premier retail environment serving Panama City Beach and the entire Florida Panhandle. Expected to draw millions of visitors a year from more than 100 miles away, Pier Park will be the only venue of its kind in the Panhandle and the only significant restaurant site along U.S. Highway 98.

The relocation of the Panama City International Airport (scheduled to open in May 2010) to a new $300 million facility is expected to have a major economic impact on Bay County. Located within the 1,400 acre West Bay development approximately ten miles north of Alexan Back Beach, the new Northwest Florida Beaches International Airport will greatly enhance accessibility and tourism to Panama City Beach.

A major recent announcement was the St. Joe Company's decision to relocate its corporate headquarters to the West Bay development in Bay County. The new St. Joe headquarters will be located within Phase 1 of the West Bay Sector Plan near the entrance of the new international airport. The Company will be consolidating offices from Jacksonville, Tallahassee, Port St. Joe, and South Walton County into the new location. Construction of the 50,000 square foot Class “A” multi-tenant office building is scheduled to begin summer 2010, with relocation of the Company's headquarters and personnel by summer 2011.

. If you have an interest in pursuing this outstanding investment opportunity, please execute an electronic Confidentiality Agreement on Peracon.

If you have any questions or would like to schedule a tour of Alexan Back Beach, please contact Greg Engler or Pat Jones. We look forward to working with you on this exciting opportunity.


Contacts:
Greg Engler, CEO/President, 678/992-2000, ext. 1, gengler@efgus.com
 Pat Jones, Senior Vice President, 678/992-2000, ext. 2, pjones@efgus.com
 Kris Mikkelsen, Senior Associate, 678/992-2000, ext. 4, kmikkelsen@efgus.com