Commercial Alliance Group Announces Seller Financing for Its Florida Waterfront Marina Communities
2008-11-09 19:49:02 -
www.commercialalliancegroup.com - Commercial Alliance Group, Inc., Sanford Scott Colon, Vice President, 407-330-3062 www.commercialalliancegroup.com or For broker dealer information: Mark Arnold marnold@commercialalliancegroup.com. Commercial Alliance Group, a Central Florida based real estate development and financial services advisory firm announced on Tuesday, November 4, 2008, that it has begun offering seller financing for its luxury waterfront marina communities at the Palm Coast Resort, Palm Coast, Florida and Callalisa Villas, New Smyrna Beach, Florida.
The Palm Coast Resort and Callalisa Villas are both new, luxury condominium communities situated on the Intracoastal Waterway in Central Florida destination resort environments.
The Callalisa Villas units include a boat slip in the Callalisa Private Marina, which is restricted to use by the Callalisa Villas unit owners and their guests. Callalisa Villas is currently being offered for preconstruction sale. The project adjoins a nature conservation area which creates beautiful views of Callalisa Creek and the Indian River. Ocean access is available through the Ponce Inlet. The shops and restaurants along the quaint and historic Flagler Avenue, and New Smyrna's wide Atlantic beaches are within walking distance.
The Palm Coast Resort units include beach club membership in the exclusive Ginn Resort, The Ocean Club at Hammock Beach(SM). Privileges include use of an oceanfront pool complex, a 10,000 square foot spa and a variety of gourmet restaurants. There is also a 4,000 square foot fitness center, a cigar bar, a sushi bar and a tennis center. All this adjacent to two miles of Palm Coast's fabled cinnamon beach. The beach club membership may be upgraded to golf membership allowing play on Ginn's world-class golf course: The Ocean Course At Ginn Hammock Beach, designed by Jack Nicklaus, and The Conservatory At Ginn Hammock Beach, designed by Tom Watson. Although not included in the purchase of a condominium unit, boat slips are available at The Palm Coast Resort marina.
The company's seller financing program, restricted to its development products, was implemented in response to the bank liquidity crisis. "We are certainly pleased to see the actions taken by Congress, the Treasury Department and the Federal Reserve, but we believe in self reliance in the realization of our corporate objectives. Our business model permits us to offer seller financing as we wait for the banks to restore themselves to a condition which permits the real estate buying public more ready access to mortgage funds," said Scott Colon, Vice President. Colon added, "We want to give everyone the opportunity to live the Florida dream. The mortgage loans will be portfolio for the company and the borrowers will have to meet credit and documentation criteria. For the properly qualified purchaser and sale, we are offering a stated income stated asset loan product."
For more information on how to live the Florida dream, visit www.livethedreamfl.com/.
All images, content and trademarks of Ginn Development Company, LLC ("GDC") used herein remain the property of GDC and are used with permission. Commercial Alliance Group, Inc., is not affiliated with the Ginn Hammock Beach Resort.
About Commercial Alliance Group
Commercial Alliance Group, Inc. (www.commercialalliancegroup.com) is an integrated real estate development and financial services advisory firm which develops world-class real estate assets and provides capital and consulting services to qualified developers. In addition to being a real estate development company, it is a direct provider of senior and subordinate debt and equity capital. Commercial Alliance Group, Inc. provides business, financial and strategic planning services to its real estate developer clientele. The company's real estate development ventures and debt and equity-financing products form the platform for investment opportunities available to individual and institutional accredited investors through its Broker-Dealer representatives, an innovation developed by the principals of Commercial Alliance Group. The Sanford, FL- based company serves as the bridge between the real estate development project concept and the capital necessary for the project's success.
For more information visit www.commercialalliancegroup.com or call Scott Colon, Vice President of Commercial Alliance Group, at (407) 330-3062. For broker dealer information contact Mark Arnold, marnold@commercialalliancegroup.com.
"It Should Not Take an Act of Congress To Obtain a Mortgage Loan!"
