Business Briefs

Maitland to get luxury community


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  • | 7:01 a.m. February 20, 2013
  • Winter Park - Maitland Observer
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M/I Homes has acquired a 10-acre site overlooking Bear Lake on Bear Lake Road off Maitland Boulevard in Maitland for development of a luxury residential community.

David Byrnes, president of M/I Homes in Florida, said the Enclave at Bear Lake will include 35 luxury homes that range in size from 1,800 square feet of living space to 3,400 square feet. Byrnes said single-family homes at The Enclave at Bear Lake will be priced from $225,990. Site development will start in March, Byrnes said, and M/I Homes will start construction of model homes in October.

Craig A. Minegar, a shareholder with the law firm of Winderweedle, Haines, Ward & Woodman, P.A., recently received his renewal as a Florida Bar Board Certified Real Estate Attorney. To be recertified, attorneys must meet stringent requirements similar to those for initial certification, including mandatory continuing education and a peer review assessment of competence in the area of real estate law, character, ethics and professionalism.

Mercantile Capital Corporation has announced that 2012 was a record year for the nearly 10-year-old company, which specializes in providing commercial property financing for small business owners via the U.S. Small Business Administration 504 loan program. Christopher Hurn, CEO of Mercantile Capital Corporation, said the company finished the year having closed loans on more than $424.2 million in total project costs. This record loan volume is an increase of 143 percent from Mercantile’s 2011 loan volume of $174.4 million, which was the previous record for the commercial lender.

Dunkin’ Donuts joined the Maitland community in January, adding to its repertoire of providing Central Florida with an everyday stop for coffee and baked goods.

 

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