South Florida Real Estate Executive Barbara Salk Joins Lynd as President of Asset Management

  

Miami, FL — (July 27, 2011) — Lynd, a national real estate investment and management company, has hired veteran real estate executive Barbara Salk (top right photo) as President of Asset Management.

 She will work out of the company’s Miami office. In this newly created position, Salk will help grow Lynd’s asset management platform and integrate various business units within the organization to fully-enhance value and returns for investment partners.

She will also assist in sourcing and analyzing future acquisitions on behalf of existing and future funds as well as help identify new opportunistic ventures. 

 Over her 23-year real estate career, Salk has worked for major commercial and residential developers in South Florida and Texas. Her experience extends from underwriting project transactions to the full life cycle of a prospective project including land acquisition and entitlements, feasibility analysis, site planning, and building design to construction, interior design, sales and marketing.

 Prior to joining Lynd, Salk served as Senior Vice President for The Related Group and Executive Vice President for an affiliated company, Related Asset Advisors LLC.

“We are extremely blessed to have someone of Barbara’s caliber on our team as we continue to expand our commercial and multi-family real estate holdings in Florida and throughout the United States,” said President & Chief Operating Officer A. David Lynd (lower  left photo) “She is a consummate professional with a diverse group of skills who will make an immediate positive impact on our organization.”

 So far in 2011, Lynd has invested through its platform more than $200 million which includes loans or real estate owned properties (REOs) encompassing 13 office/industrial projects, 44 multi-family projects and 10 student housing projects. 

  For more information,  log on to www.thelyndco.com.

Media Contact: Todd Templin, Boardroom Communications,

954-370-8999 or 954-290-0810

ttemplin@boardroompr.com

 Lynd Contact:  A. David Lynd, President  &  COO, 210-364-3964

alynd@thelyndco.com

HFF named to market for sale iconic six-property Chicagoland portfolio

                                       

CHICAGO, IL – HFF announced today that it has been named to market for sale a six-property, 1,292 unit multi-housing, senior housing and hotel portfolio in the Chicagoland area.

HFF is marketing the property on behalf of the seller, IRMCO Properties & Management Corporation.  Pricing for the portfolio is anticipated to be well in excess of $200 million.

Individual property details are listed below:

Property                                          Address                                                             Unit Size           Year Built

The Belden-Stratford                    2300 Lincoln Park West, Chicago                 297 Units         1923

Flamingo Apartments                    5500 South Shore Drive, Chicago                 167 Units         1926

The Seneca                                     200 East Chestnut, Chicago                            264 Units         1926

Sovereign Apartments                  1040 West Granville Avenue, Chicago        283 Units         1924

Versailles Apartments                   5254 S. Dorchester Avenue, Chicago          96 Units           1920

North Shore Retirement Hotel    1611 Chicago Avenue, Evanston                   185 Units         1919

  

The HFF team representing IRMCO Properties & Management Corporation is led by executive managing director Matthew Lawton (top right photo), senior managing director Dan Peek (middle left photo) and managing directors Sean Fogarty (lower right photo), Marty O’Connell and Danny Kaufman.

“This is a once in a generation opportunity to purchase a portfolio of well-located, high-amenity, iconic properties that have been family-owned and managed for the past 40 or 50 years,” said Lawton.  “It provides tremendous value-add for a new owner to purchase the trophy properties and place their own mark on them.”

“The portfolio is unique in that there are three pure apartment communities, an age-restricted living facility, two properties that function as both a hotel and apartment complex and three properties that draw from the student populations at the University of Chicago and Loyola University,” added O’Connell.

IRMCO Properties & Management Corporation is recognized for its management of some of Chicago’s most renowned properties.  These properties are located along Chicago's famous lakefront, where IRMCO has established its reputation for operating hotels, apartment buildings and retirement communities since 1951.

Contacts:  

Matthew D. Lawton, HFF Executive Managing Director,  (312) 528-3650, mlawton@hfflp.com

Janice B. Greenberg, President, IRMCO Properties & Management Corporation, (773 )880-2006,  jgreenberg@irmcoproperties.com

Kristen M. Murphy, HFF Associate Director, Marketing, 713) 852-3500, krmurphy@hfflp.com

              

Grubb & Ellis Represents Incipio in 110,399-SF Global Headquarters Industrial Lease in Irvine, CA

NEWPORT BEACH, CA – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, and Incipio, a mobile device accessories company, today announced that Wade Tift, senior vice president, and Byron Foss, associate, represented Incipio in its seven-year lease of 110,399 square feet of R&D/manufacturing space at the Oak Canyon Business Center (top left photo) in Irvine, from the Irvine Company. 

 “We’re blessed; that about sums it up.  We have experienced tremendous growth, we work with great people and local vendors and we made our home in an amazing city.  We’re excited to move into our new global headquarters right where it all started 12 years ago,” said Andy Fathollahi (middle right photo), president and founder of Incipio. 

Incipio, which manufactures and distributes mobile device accessories, is expanding from 75,000 square feet of space.  Located at 6001 Oak Canyon, the property will serve as Incipio’s global headquarters, with the company consolidating its two existing U.S.-based locations into one facility. 

 “This is a high image corporate headquarters industrial facility that provides the workspace a creative company like Incipio needs to promote business growth and employee synergy,” said Tift.  “The property includes a large amount of office space to support their corporate needs and enough space to support the company’s projected expansion.”

Incipio will take occupancy in the first quarter of 2012 once tenant improvements are complete.  Situated near the Irvine Spectrum Center, The Oak Canyon Business Center offers easy access to Interstates 405 and 5 and California State Route 133, as well as abundant surface parking. 

“It is great to have a growing company such as Incipio as a customer,” said Steve Case (lower left photo), executive vice president of Irvine Company Office Properties.  “Incipio joins a long list of innovative, emerging companies that have expanded to a world-class Irvine Company property.”

 Tift and Foss, who are both members of Grubb & Ellis’ Industrial Group, worked with Sue Lyle, leasing director of the Irvine Company, to complete the transaction. 

 Fathollahi added, “The level of customer service and assistance that The Irvine Company has given us has truly been world class.  Our new facility will be one that I feel both Incipio and the Irvine Company will be very proud of.”

Contacts:

Julia McCartney, 714.975.2230,  julia.mccartney@grubb-ellis.com 

Erin O’Neil, 949.250.4929, erin@myincipio.com

HFF arranges financing for 612-unit multi-housing community in San Antonio, TX

                                       

HOUSTON, TX – HFF announced today that it has arranged acquisition financing for Signature Ridge (top left photo), a 612-unit, Class A multi-housing community in San Antonio, Texas.

HFF worked exclusively on behalf of Canyon-Johnson Urban Funds and its joint venture equity partner Venterra Realty, to secure the fixed-rate loan through PPM Finance, Inc. 

Completed in 2001 and 2003, Signature Ridge has 27 three-story buildings with one-, two- and three-bedroom units averaging 940 square feet each.  Community amenities include a resort-style pool, spa and cabana, fitness center, clubhouse, business center and detached garages. 

The infill property is situated on 27.47 acres at 3711 Medical Drive at the entrance to the South Texas Medical Center, which is home to 50,000 employees in 10 plus hospitals, 45 clinics and medical related institutions in San Antonio.

The HFF team that represented Canyon-Johnson Urban Funds and Venterra Realty was led by director Cortney Cole.

Contacts

Cortney R. Cole, HFF Director, (713) 852-3500, ccole@hfflp.com                                        
 Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500

krmurphy@hfflp.com:                

154 Units of Prime Student Housing Hit the Market Near Texas A&M University

  

COLLEGE STATION, TX – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has secured the exclusive listing for the Warehouse at Northgate and the Factory at Northgate (top left photo), a two-building, 154-unit student housing portfolio in College Station.

 Joe James and Kent Myers, multifamily investment specialists in the Austin office of Marcus & Millichap, are representing the seller, a Houston-based developer.

“These are truly unique assets, with their exposed brick, loft-style units and package of full amenities,” says James. “Buyers seeking solid returns over the long term in a submarket that will continue to experience strong demand for student housing over the next 10 years or more should consider this portfolio.”

Located at 405 Cross St., the Factory at Northgate and the Warehouse at Northgate include a total of 154 units, or 227 beds.

 Situated in the heart of the historic Northgate entertainment district, the units at the Factory at Northgate average 712 square feet in size, while the Warehouse at Northgate’s units average 1,082 square feet. The buildings are also within walking distance of Texas A&M University (lower left aerial photo), which currently has a student enrollment of 49,000.

“We are expecting to see strong demand for these assets due to the scarcity of product in this location and the strength of Texas A&M’s enrollment growth,” says Myers. 

All of the 154 units feature loft-style living with nine- to 10-foot ceilings, exposed brick walls, stained concrete flooring and high-capacity stackable washers and dryers. Community amenities include a swimming pool, an on-site parking lot, as well as a parking garage.  In addition, the units have high-speed Internet as well as satellite or cable TV.

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

Stan Johnson Co. completes sale of retail building occupied by hhgregg in

                  

                       

Midlothian, VA, July 27, 2011 –Stan Johnson Company, has completed the sale of a 43,505-square-foot retail building 100 percent occupied by hhgregg to a New Jersey based private investor. 

The list price was $5 million. The building is located at 1321 Huguenot Road in Midlothian, Virginia.

Jim Gibson (top right photo) and Mike Parker (lower left photo) of Stan Johnson Company represented the seller, a Virginia based private investor.  Steve Maloy of ARC Properties represented the buyer.

 hhgregg is a specialty retailer of consumer electronics, home appliances and related services operating under the name hhgregg™.

  hhgregg currently operates 175 stores in Alabama, Delaware, Florida, Georgia, Indiana, Kentucky, Maryland, Mississippi, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Virginia.hhgregg was recently selected as one of the fasted growing retailers by Forbes.

Contact:  David Ebeling, Ebeling Communications , (949) 278-7851

david@ebelingcomm.com

                       

Coro Realty Announces the Acquisition of Taylor Collision and Suwanee Tool Rental and Long-Term Lease Agreement with ABRA Auto Body & Glass in Atlanta

ATLANTA, GA /PRNewswire/ -- Coro Realty Advisors, LLC announces its acquisition of Taylor Collision and Suwanee Tool Rental, located at 3730 Lawrenceville-Suwanee Road, Suwanee, GA, 30024.

Coro simultaneously entered into a development agreement and long-term lease with ABRA Auto Body & Glass to convert the former Taylor Collision and Suwanee Tool buildings into a 5,000 square foot free-standing office for ABRA and an adjacent 6,480 square foot auto repair facility.

John Lundeen (top right photo), President of Coro, noted, "We saw an opportunity to redevelop an underutilized property in a high-traffic area for a quality tenant. We hope that this will be the first of several such build-to-suit transactions."

The transaction was coordinated by Bart Cross of Grubb & Ellis, who represented ABRA and Coro in the purchase.

Coro Realty Advisors, LLC was founded in 1997 and is synonymous in Atlanta and throughout the Southeast with intelligent real estate development and investment.

 With a commitment smart growth, the urban landscape, and innovation, incorporating distinctive architectural designs and the latest in building trends and technology, Coro continues to demonstrate its leadership in the market with the successful execution of quality developments.

The firm provides Asset Management, Property Management and Real Estate Advisory Services for a myriad of residential and commercial properties throughout the Southeastern United States.

For More Information, please contact:

Teresa Pastore

Coro Realty Advisors, LLC.

3715 Northside Parkway

400 Northcreek - Suite 100

Atlanta, Georgia 30327

(404) 846-4000

tpastore@cororealty.com

www.cororealty.com

NAI Realvest Negotiates Industrial Leases totaling 9,449 SF at Springview CommerCenter in DeBary, FL and Airport Industrial Center in Orlando

DeBary, FL – Michael Heidrich, principal at NAI Realvest, recently negotiated a lease renewal for 6,449 square feet of industrial space at Springview CommerCenter (top left photo) in DeBary representing the landlord,

Springview CommerCenter LLC based in Maitland.  The tenant Artscape LLC renewed its lease at 290 Springview Commerce Drive in the center located off U.S. Hwy 17-92 and Highbanks Rd.  

 Heidrich also negotiated a new lease agreement for 3,000 square feet at Airport Industrial Center on Narcoossee Rd. in southeast Orlando on behalf of  the Columbus, Ohio-based landlord Airport Investment Properties LLC and the new local tenant Plant It Earth, Inc.

For more information, please contact:

Michael Heidrich, Principal, NAI Realvest 407-875-9989 mheicrich@realvest.com

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

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

Stone Point Capital Forms Access Point Financial, Inc. with Veteran Hospitality Finance Team

ATLANTA, GA. and GREENWICH, CT., July 27, 2011 – Stone Point Capital LLC announced today the formation of Access Point Financial, Inc., a newly created specialty finance company focused on the hospitality industry. 

Access Point is a full-service lending and advisory platform that will provide financing to qualified franchisees of major hotel brands throughout the United States.  The company expects to originate over $1 billion of loans over the course of its first three years of operations.

Trident V, L.P., a private equity fund managed by Stone Point Capital, is partnering with Jon S. Wright (top right photo) and other members of the Access Point senior management team to form the company.

Wright, who will serve as president and CEO of Access Point, will lead a team of industry veterans with more than 100 years of combined hospitality finance experience.  Wright is the former president and managing director of Specialty Finance Group. 

Previously, Wright founded the Asset Backed Lending Group for GMAC Commercial Mortgage and managed the hospitality franchise industry’s first captive finance division for InterContinental Hotel Group.  Wright and his team are widely recognized as leaders in the development and implementation of hotel finance programs for franchise hotel owners.

“Initially, we will focus on creating lending programs to facilitate renovations for major hotel brands and their franchisees, an area where we have substantial expertise and deep relationships,” Wright said.

  “Industry experts estimate that a significant percentage of hotels must immediately implement brand-mandated Product Improvement Plans (PIP), which typically is a recurring requirement,” he said. 

“During the recent severe economic downturn, hotel owners were hesitant to invest additional dollars in their hotels and lenders were unwilling to provide the capital.

“ As a result, there is a tremendous backlog of necessary renovation projects and a need for capital to finance them.  Access Point will fill this need.  We have already begun developing programs with a number of leading hotel brands and expect to announce our first significant program in the coming weeks.”

Charles A. Davis (top  left photo), CEO of Stone Point Capital, said, “We are pleased to be partnering with Jon Wright and his team to build Access Point Financial. 

 The formation of this company is in response to the dislocation that has developed in the hospitality finance sector in recent years.  The Access Point team has built an excellent reputation and a consistent record of strong performance over a 20-year period in the hospitality finance industry.”

In addition to the need for capital to finance renovations, Wright noted that there also is sizeable demand for hotel debt refinancing as billions of CMBS and other loans are forecasted to come due by the end of 2012.  “We have long-standing relationships with a substantial number of these hotel owners and investors.  We know their track records and their ability to execute.  The timing is excellent for a financing organization like ours, and we anticipate significant demand for our products.” 

Contact information for Access Point Financial, Inc.:

1 Ravina Drive, Suite 900, Atlanta, GA 30346, (404) 382-9599

www.accesspointfinancial.com

For further information about Stone Point Capital, see www.stonepoint.com.

Contact:  Jerry Daly, Chris Daly, (703) 435-6293, jerry@dalygray.com

Chicago Office and Industrial Snapshot: Second Quarter 2011

   

 CHICAGO, IL--The following summary is designed to provide a brief overview of the Chicago metro office and industrial markets during the second quarter of 2011.

 For more information or to speak with one of the company’s local market experts, please contact Ted McDougal (top right photo) at 312.698.6735 or via email at ted.mcdougal@grubb-ellis.com.

 OFFICE TRENDS HIGHLIGHTS

The Chicago office market continued to improve in the quarter ended June 30. In fact, for the first time since 2009 a majority of submarkets in the city and suburbs showed positive absorption. Vacancy rates throughout the metropolitan area declined 50 basis points and drove nearly 696,000 square feet of positive absorption during the quarter.

 At the same time, asking rental rates for Class A office space inched upward in both the city and suburbs, to $35.86 and $24.40 square per foot, respectively. More lower-rate subleases are being filled in the Loop, while prime Class A spaces are becoming harder to find, driving up asking prices.

The weighted average asking rate for Class A space in the Central Loop increased by 16 cents per square foot to $36.73 in the second quarter.

Approximately 3.5 million square feet of sublease space remained available in the Loop at the end of the quarter, down from 3.6 million during the prior quarter. This was offset by an increase of 146,000 square feet available for sublease in the Chicago suburbs.

Looking ahead, the office market is expected to continue improving through the end of the year, as large employers are anticipated to boost hiring. However, current tax laws are restraining new business development in Chicago, with no new major construction projects expected to break ground for the balance of 2011. 

Analysis: The sluggish economy is still a major factor in the pace of the office market recovery. The principal stimulus for office space demand – job growth – was nonexistent in the second quarter, as the U.S. unemployment rate ticked up to 9.2 percent.

 In Chicago, joblessness was even more pronounced, with an unemployment rate of 9.8 percent in June. Consequently, it is still too early to describe the office market as strong because of persistently high unemployment, rising delinquencies on CMBS loans and Chicago’s challenging tax laws.

 INDUSTRIAL TRENDS HIGHLIGHTS

Vacancy in the Chicago metropolitan area dropped by 20 basis points during the second quarter ended June 30, to 11.1 percent from 11.3 percent, suggesting continued positive growth for the local industrial real estate market.

Many submarkets reported a continuing recovery in filling unoccupied spaces, with economic factors such as fuel costs, as well as location, contributing to second quarter leasing activity. In addition, some retailers were positioning themselves for future expansion, another positive indicator for that sector.

Also, LEED-certified buildings remained attractive to local tenants as a means of reducing expenses.

The Chicago metropolitan area posted 466,000 square feet of positive net absorption during the period, bringing the year-to-date total to nearly 4.4 million square feet absorbed, led by solid gains in the Fox Valley, I-55 Corridor and Central Will submarkets. 

Asking rental rates averaged $3.91 per square foot for warehouse/distribution space, a very slight increase from the first quarter. Quarter-over-quarter, average asking rental rates dropped for general industrial and R&D/flex space, declining 10 cents and 47 cents to $4.26 and $7.95 per square foot, respectively. 

Analysis: Overall, the industrial market is expected to show further progress over the balance of 2011. Manufacturing has contributed greatly to the economic recovery over the past two years.

The automotive industry continues to improve, with sales expected to increase by approximately 25 percent since 2009.

 More deals for mid-size distribution space are anticipated, particularly in the retail sector, where demand for warehouse space has been on the rise as more and more consumers shift their preference to online shopping.

 To access the full Chicago Metro Trends reports and other Grubb & Ellis research publications, visit www.grubb-ellis.com/research.

Seagis Property Group Acquires 87,000 SF Industrial Building in Miami, FL

 CONSHOHOCKEN, Pa., July 25, 2011 /PRNewswire/ -- Seagis Property Group announced today that it has acquired an 87,000 square foot warehouse/distribution facility in the Airport West submarket of Miami, Florida. 

The building, which is located at 3450 NW 115th Avenue in Doral (top left photo), fronts the Florida Turnpike and is fully leased on a single tenant basis.  The Building, completed in 1998 features 15 dock high doors and 1 drive-in, 10,000 sf of finished office and an approved secure outdoor storage area.

Seagis Property Group LP owns and operates over 8 million square feet of industrial buildings in logistically driven locations along the Eastern Seaboard. 

Seagis is headquartered in suburban Philadelphia, with offices at One Tower Bridge, 100 Front Street, Suite 350, Conshohocken, PA 19428.  

Company Contact: Charles C. Lee, Jr., Principal, Seagis Property Group LP, +1-484-530-9135, clee@seagisproperty.com; or

Investor contact: John B. Begier, Principal, Seagis Property Group LP, +1-484-530-9134, jbegier@seagisproperty.com,

Web Site: http://www.seagisproperty.com

Geoffrey M. Waldrom Joins Grubb & Ellis as Vice President, Office Group in Phoenix, AZ

 

  

 PHOENIX, AZ (July 26, 2011) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that Geoffrey M. Waldrom (top right photo) has joined the company as vice president, Office Group.

 “The wide range of market and tenant knowledge Geoff brings to Grubb & Ellis is a huge advantage to his clients and the company,” said Pete Bolton (lower left photo), executive vice president and managing director of Grubb & Ellis’ Phoenix office.

 “He has 25 years of helping companies reach their real estate goals in Phoenix and I am very happy to have him with us.”

 Throughout his career, Waldrom has primarily specialized in office tenant representation.  Additionally, he has been involved in the development of numerous commercial real estate properties, including a medical office condo project and industrial condo project. 

Waldrom joins the company from Strategic Commercial Realty, a company he owned and operated for the past seven years.  Earlier he was a principal of CRESA Partners from 1999 to 2004.  He began his career in 1986 with DAUM Commercial Real Estate Services.   

During his career, Waldrom has represented a number of clients, including National City Mortgage, Alltel Communications Inc., Microchip Technology Inc. and the Universal Technical Institute. 

 He holds a bachelor’s degree from Brigham Young University and is a member of the Arizona Commercial Brokers Association.  He serves on the board of directors of Business Advisory Services and is a former advisory board member of Pinnacle Bank and a former board member of The Foundation for Public Education. 

 Contact: Julia McCartney, Phone: 714.975.2230                                     

Email:  julia.mccartney@grubb-ellis.com    

NAI Realvest negotiates long-term Office/Warehouse Lease in South Orlando for Wittenbach Business Systems

ORLANDO, FL – NAI Realvest recently negotiated a new long term office/warehouse lease for 10,720 square feet at 8310 Boggy Creek Rd. in South Orlando. 

 Robert Blackwell SIOR (top right photo), a principal at NAI Realvest, brokered the lease of Suite 400 at the industrial facility representing the new tenant, Wittenbach Business Systems, a Sparks, Md.-based manufacturer and supplier of secure products and systems for financial institutions.      

 The landlord is Orlando-based DCT Orlando ADC LP.   Moses Salcido of Southern Commercial Real Estate Advisors represented the landlord.

 For more information, contact:

Robert Blackwell SIOR, Principal, NAI Realvest, 407-875-9989 rblackwell@realvest.com;

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

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

NAI Realvest negotiates leases for 10,000 SF of land and 4,000 SF office/warehouse space at south Orlando industrial facility

ORLANDO, FL – NAI Realvest recently negotiated two new lease agreements–one for suite 7 with 4,000 square feet at 8350 Parkline Blvd. and another for 10,000 square feet of adjacent vacant land for outside storage at the industrial facility located off Orange Ave. and Jetport Drive in South Orlando. 

 Michael Heidrich (top right photo), a principal at NAI Realvest, represented both of the Columbus, Ohio-based landlords -- Parkline Properties, LLC in the office/warehouse lease and Parkline Land Company, LLC in the lease of the adjacent vacant land. 

 Penney Lawrence of Realty Executives Seminole represented the tenant, Albritton Williams, Inc. a full-service general contractor and construction management firm based in Tallahassee. 

For more information, contact:

Michael Heidrich, Principal NAI Realvest, 407-875-9989 mheidrich@realvest.com

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

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

NAI Realvest Negotiates New Retail Lease at Jourdan Crossing in Oviedo, FL

ORLANDO, FL – NAI Realvest recently negotiated a new lease agreement for 1,450 square feet in the Jourdan Crossing retail center at 310 West Mitchell Hammock Rd. in Oviedo.

 George Viele (top right photo), vice president at NAI Realvest, negotiated the lease agreement representing the landlord, Jourdan Crossing, LLC. 

 The new tenant Ascension Salon, LLC, a full service hair care salon, joins current tenants at Jourdan Crossing including Sushi Pop, Atlas Pools and Carpets and More. 

For more information, contact:

George Viele, Vice President NAI Realvest, 407-875-9989 gviele@realvest.com;

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

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