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Ian Black Real Estate and Sean Dreznin are proud to present a 12+ unit apartment complex, located in a highly desired area of Sarasota, FL with water, downtown & sunrise views
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Sean Dreznin from Ian Black Real Estate successfully closed the sale of 2 additional apartment buildings in St. Petersburg, FL
Sean Dreznin simultaneously closed the purchase and sale of The Casa Grande Apartments and the Queen Anne Apartments this past week.
Led by Sean Dreznin, the 22-unit Casa Grande and the 18-unit Queen Anne seamlessly closed.
The buyer was completing a 1031 exchange and the sellers had enhanced and stabilized the property before bringing it to market.
Please contact Ian Black Real Estate and the multi-family team for all your Apartment and Investment Goals!
Sean Dreznin – (941) 961-8199 email@example.com
Property Management done well
By: Mark Gordon | Deputy Managing Editor
via Business Observer (original article 2010)
In most cases, no one knows a property better then the property manager. This is the case with Ryntal.
Chris Abbott went in several entrepreneurial directions in 2004 after his U.S. Army tour ended.
He became an inventor, a software developer and a commercial real estate investor. He also worked in land development for some of the Gulf Coast’s most respected homebuilders and developers.
But it turns out Abbott’s best directional decision, so far at least, was to start a multi-family residential and commercial property management company amid a crippling recession.
That company, which Abbott founded as a one-man show in October 2008, is now poised for a growth spurt. The Review first profiled Abbott and the company, Ryntal Property Management, in its special issue on young entrepreneurs last year. (See Review, 1/23/09.)
Ryntal has since hired eight employees, with plans to bring on four more inside office clerks and 12 additional rental agents this year. Abbott, 32, projects Ryntal will reach at least $600,000 in revenues in 2010, when it will also open two retail apartment rental stores.
Abbott even recently brought on a business partner, a CPA and former accounting executive with several international construction and real estate firms based in the Washington D.C. area. The partner, Tom Wagenhauser, joined the company last year.
Stickney Point Road shopping center sells for $5.4 million
By Michael Braga , Herald-Tribune
The Southbridge Shopping Plaza – home to the Stonewood Grill and a half dozen retail outlets — has been sold.
ServeAttachmentSarall Ltd., a Nokomis company managed by David N. Macrae, bought the 23,613-square-foot complex for $5.4 million, or $229 per square foot.
The Buyer was represented by Michele Fuller at Ian Black Real Estate.
CLICK HERE for full article
List of current Condo Developments in Sarasota, FL getting started in 2014-2015
The Queue in Downtown Sarasota
Click here for access to The Q home page
Bayfront Sarasota Luxury Condominiums
Click here for more information
Downtown Sarasota with limited views of Bayfront
Click here to view the designer’s website
One88 on Golden Gate Point
Coastal Condominium Residences
Click here to pre-register on developers site
Located on Golden Gate Point, this luxurious complex looks out at the Bay and Ringling bridge
Click Here to view page
On Sarasota Bayfront
Currently in a pickle about additional traffic impact with the Ritz and others.
Click here to visit the website
Other developments forthcoming…
TerraCap Mgmt Corp Acquires Sarasota Office Bldg
By David Davis
March 5, 2014
88,000-SF Investment Trades for $11.5M
TerraCap Management Corp., a Florida-based company, acquired the 10-story office building at 1 S. School Ave. in Sarasota, FL from Y Associates Ltd and the Sarasota Family YMCA for $11.5 million, or about 130 per square foot.
The 88,178-square-foot, 4-Star office building was constructed in 2000 on 2.4 acres in Sarasota County. The asset is almost 80 percent leased to multiple tenants, and includes a four-story covered garage with 240 stalls.
As part of the sale, the buyer assumed an existing $7.82 million loan secured by the property with a 5.5% fixed rate through October 2015.