Friday, January 10, 2020

NAI Realvest | Charles Wayne Commercial Closes Land Sale in Booming Area of Ormond Beach, FL for Future Ace Hardware Store


  
Brian Adair
  
Ormond Beach, FL– NAI Realvest | Charles Wayne Commercial recently closed on the $575,000 sale of 2.6 acres at 1480 N. US Highway 1 in Ormond Beach . 

The property is planned for a future Ace Hardware store. Brian Adair, Principal, negotiated the transaction representing the local buyer Gross Family Properties, NG, LLC, owners of the existing Ormond Beach Ace Hardware on Granada Blvd.

Aerial photo of future ACE hardware store on 2.6 acres at 1480 North US Highway 1 in Ormond Beach, FL
 The property is located just to the south of the southern entrance to the Ormond Crossings development that recently broke ground. 

  The buyer’s second Ace Hardware will be constructed there within the next several years to serve the 2,700-acre live/work/play community with 2,900 residential units and 2.46 million square feet of commercial space at buildout.


Chris Butera 

 The Westbury, NY­based seller, B&A R.E. Holding, LLC was represented by Chris Butera of SVN Alliance. 

 CONTACTS:

Brian Adair, Principal, NAI Realvest Charles Wayne Commercial 407-875-9989 or 386-238-3600 badair@realvest.com   


Patrick Mahoney, President / CEO, NAI Realvest 
407-875-9989 pmahoney@realvest.com

 Beth Payan, Larry Vershel Communications 
407-644-4142 or 407-461-3781 beth@larryvershel.com

Landtrust National Title Adds Two New Vice Presidents and One New Title Officer To Its Growing Commercial Team


Kimberly Fields
                                                                                       
CHICAGO,  IL (Jan. 10, 2020) – Landtrust National Title Services Corp., a Chicago-based title insurance agency serving the residential and commercial real estate industries, today announced it has added three industry veterans to its commercial title insurance team.

Kimberly Fields was hired as vice president of title operations and senior underwriter, Ronald Babos as vice president of sales and Kerri McGee as title officer and underwriter.


“With the higher velocity of commercial closings we have completed this year, we’re thrilled to add these top-notch industry leaders to the team,” said Warren Habib, president of Landtrust Title.

“Kim and Ron have a long history of successfully managing complex and multifaceted commercial transactions. Kerri has incredible in-depth knowledge of the title industry and is known for her efficiency in the closing process.

Ronald Babos 

"These three new hires really help us gain market share in the competitive commercial closing arena.”

Fields brings over 10 years of experience in the commercial and residential title insurance industry. Most recently, she held positions at Old Republic Title and First American Title in the national commercial division. 

Her responsibilities included underwriting, escrow and production management. Prior to that, Fields was a practicing attorney, earning her juris doctor degree from Creighton University School of Law in Omaha, Neb.

Kerri McGee
“Just as the commercial real estate industry has continued to experience record sales and transactions across multiple sectors, so too has Landtrust’s commercial title insurance business been on a steady trajectory,” said Fields. “It’s a very exciting time for commercial title insurance and it’s a privilege to join such an esteemed team at Landtrust.”

With more than 30 years of experience in real estate sales and nuanced commercial title insurance closings, Babos has cultivated a multitude of industry connections. 

                                              Warren Habib

Not only was he a business development officer at Stewart Title for nearly three years, but he was also a national accounts manager at Fidelity National Title. Babos has a bachelor of arts degree in economics and business administration from Vanderbilt University.

“Bringing in new business is my passion, and I’m thrilled at the opportunities that lie ahead with a top title insurance company like Landtrust,” said Babos. “The firm’s skilled professionals make the buying and selling experience seamless and stress-free, so I know the attorneys and agents I’ve developed relationships with will be in good hands.”

McGee has been in the escrow and title insurance business for more than 25 years. She also spent nearly 13 years as a senior examiner and underwriter at Stewart Title. 

McGee has a bachelor’s degree in education from Aurora University and is a certified Illinois Title Professional as well as an inaugural member of the Illinois Land Title Association’s Michael D. Troutt Leadership Academy.

“We’ve worked hard to get to this stage in the title business, and this trio of key hires has exactly what it takes to help us get to the next level and position Landtrust as an even stronger competitor,” Habib said.

CONTACTS: 

Rebecca Boykin, rboykin@taylorjohnson.com (312) 267-4523 
Kim Manning, kmanning@taylorjohnson.com, (312) 267-4527