Done Deals: May 27, 2021

Thursday, May 27, 2021

M/I Homes Opens Decorated Model at Rivington in DeBary, FL

Prices start at $439,990 at this decorated
Newport model at 832 Terrapin Drive
in the Rivington community, DeBary, FL

DeBary, FL -- M/I Homes’ Newport model is open and ready to welcome prospective homebuyers at Rivington, the unique new 296-acre master-planned community off of Fort Florida Road, west of U.S. 17-92 and a quarter mile from the DeBary SunRail station.

The two-story Newport has over 3,600 square feet of living area, and the flexible floor plan can create an even greater sense of space, according to David Byrnes, M/I Homes’ area president.

Rivington, a 296-acre master-planned community
off Fort Florida Road, west of U.S. 17-92
and a quarter mile from the DeBary SunRail station

The standard plan offers four bedrooms, and three baths and a three-car garage. Special features include dual owners' suites, pool and large loft and upstairs laundry room. Pricing for this model starts at $439,990.

Byrnes said M/I Homes plans to build a minimum of 75 homes in Rivington, 40 of which will be in phase one.

Floor plans there will range from 1,857 to over 3,600 square feet for homes with up to six bedrooms and up to three-car garages. Prices start in the mid $300,000s.

DeBary SunRail station

M/I Homes offers a 15-year transferable structural warranty on its six distinct one- and two-story floor plans at Rivington.

They also offer personalization of each home with assistance from one of the company’s knowledgeable interior designers.

Byrnes said the concept of neighborhoods within the community essentially provides more amenities for homeowners, including a pavilion with a clubhouse and resort-style pool that recently broke ground and is slated for completion this fall.

Lake Konomac

Rivington’s lots have been planned for shared green spaces, walkability, as well as back alleyways for rear garage entries, which is something rare in the DeBary area, he added.

The Newport model is located at 832 Terrapin Drive, DeBary, FL 32713.

Buffered by the St. John’s River to the West and Konomac Lake to the north, the quiet community is only minutes to Interstate 4 and State Road 417 for easy access to Lake Mary and Sanford employment centers.

CONTACT:

David Byrnes, Area President, M/I Homes

407-531-5100

Beth Payan, Larry Vershel Communications

407-644-4142 or beth@larryvershel.com

www.mihomes.com.

Alliant National Hires Bob Grohol as Assistant Vice President and State Manager of Ohio, Pennsylvania and Michigan

Bob Grohol

Longmont, CO– (May 27, 2021) – Alliant National Title Insurance Company, a unique title insurance underwriter that partners with independent agents to improve their competitive position, announces the hiring of Bob Grohol to the position of Assistant Vice President (AVP) and State Manager of Ohio, Pennsylvania and Michigan.

During this work, Grohol became involved with many land, title, legal, underwriter, county recorder and register of deed associations across 20 states, gaining a comprehensive understanding of the industry in the process.

One such association is the Ohio Land Title Association (OLTA), where Grohol served as Chair of the OLTA’s Technology Committee for several years. He also authored several articles for OLTA’s Title Topics publication, as well as other association publications.

Grohol’s past experiences will serve him well at Alliant National, where he will be

responsible for signing, developing, marketing and managing Alliant National’s policy issuing agents, as well as helping them achieve strong business growth.

Manoj Purohit

“I’m very excited to join Alliant National and contribute my experience and knowledge to its mission,” said Grohol. “The team at Alliant National is second to none, and I am looking forward to working alongside every one of them.”

"Bob brings decades of experience to Alliant National, and he will be an incredible asset in supporting and growing our network of independent agents," said Manoj Purohit, Senior Vice President, Central-West Regional Manager.

"I've personally known him for years, and I continue to be impressed with his passion and knowledge of our industry. Bob will undoubtedly serve as a valuable resource for our agents and our company as we navigate the unique landscape ahead."

CONTACT:

Cathie Beck
303.241.0805
cathie@capitalcitypr.com

alliantnational.com

Seasoned Property Manager Alex Jones Joins Native Management

Alex Jones

FORT LAUDERDALE, FL –– Native Management, the property management company led by Native Realty Founder and CEO Jaime Sturgis, added industry veteran Alex Jones as Senior Property Manager. Jones has more than a decade of property management experience at prominent firms.

A native of St. Louis who relocated to South Florida 10 years ago, Jones excels at providing superior customer service and implementing and developing new management strategies for employees and property management firms. He is versed in redevelopments, lease-ups, property takeovers and renovations.

Jaime Sturgis

Prior to joining Native Management, Jones held various positions with Equity Residential, Mill Creek Residential Trust and RKW Residential.

“Alex is a dynamic and dedicated property management professional,” Sturgis said. “His vast experience and knowledge are pivotal to the continued growth of our management company. We are thrilled to welcome Alex to the Native family.”

Native Realty is headquartered at 719 NE Second Ave. in Flagler Village.

CONTACT:

Eric Kalis

Vice President

BoardroomPR

ekalis@boardroompr.com

O 954-370-8999

C 305-794-5123

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

Web | Facebook | LinkedIn | Twitter | Instagram

www.nativerealty.com.

nativerealty.com/manage.

Philadelphia investor acquires light industrial park in Dallas, TX

Pauli Kerr

DALLAS, TX, May 27, 2021 – JLL Capital Markets announced today that it has closed the sale of Stoneridge Business Park, a three-building light industrial park totaling 171,025 square feet in Dallas, Texas.

JLL marketed the property on behalf of the seller, MoxieBridge. Arden Group acquired the asset.

Stephen Bailey

Stoneridge Business Park comprises the buildings at 2550 Beckleymeade Ave., and 9050 and 9110 Autobahn Dr. within the thriving, infill South Dallas Industrial submarket.

The park is located just off of Interstate 20 with immediate access to Interstate 35E, State Highway 67 and Interstate 45, providing direct connectivity to the metro’s primary transportation arteries and excellent access to a large highly skilled labor pool.

Constructed in 1987, Stoneridge Business Park features clear heights ranging from 18 to 20 feet, 24 dock-high doors, seven drive-in doors, 58% office finish and ample parking. The park is 83.3% leased to 15 tenants.

Dustin Volz

The JLL Industrial Capital Markets team that represented the seller was led by Managing Director Stephen Bailey, Senior Managing Director Dustin Volz, Associate Adam Roossien and Analyst Pauli Kerr.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales advisory, debt placement, equity placement or a recapitalization.

Adam Roossien

The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources on JLL, please visit our newsroom.

About MoxieBridge

MoxieBridge invests primarily through the acquisition of industrial and other commercial real estate assets. The company’s disciplined and efficient process of sourcing, evaluating and executing each investment both drives investor returns and creates better places for the communities it serves.