“WORLD CLASS ASSETS – WORLD CLASS SOLUTIONS”
St. Joe Land Co. Auctioned 10,000 Acres Panama City,Florida
St. Joe Land Co. is Florida’s largest land owner with over a million
acres of land. St. Joe & our staff auctioned 10,000 acres of land in
Panama City & Quincy, Florida www.joe.com .
Peter Rummell – CEO of St. Joe Corp
Peter Rummell was the Chairman during the auction of the St. Joe
Company (NYSE: JOE) http://ir.joe.com/overview.cfm?pagesect=letter.
Rummell also was past President of Jack Nicklaus Corp, NicklausMilstein Fund/NY Private Bank, Arvida, Hilton Head, Amelia Island, Rockefeller Center Management, Sawgrass, Walt Disney Imagineering and presently of Avalon Bay Communities.
Peter Rummell has been active in the real estate development industry for almost 40 years.
Rummell began his real estate career in 1971 with the Sea Pines Company, developers of Hilton Head Island, South Carolina, and Amelia Island, Florida. Beginning in 1977, he was general manager of Sawgrass in Ponte Vedra Beach, Florida for the Arvida Corporation. He joined the Rockefeller Center Management Corporation in New York as vice chairman in 1983, leaving in 1985 to become president of Disney Development Company. The Development Company was responsible for The Walt Disney Company’s non-theme park land, directing hotel and related development at the company’s theme park locations in Orlando, Anaheim, Paris and Tokyo. During Rummell’s 12-year tenure, Disney produced over 20,000 hotel rooms. The new town of Celebration, Florida was also a product of this focused development effort. Disney Development Company and Walt Disney Imagineering, the company’s design and creative division responsible for theme park development, were later merged and Rummell became chairman of the combined group, Walt Disney Imagineering.
In 1997, he left Walt Disney Imagineering and became chairman and chief executive officer of The St. Joe Company (NYSE:JOE) where he led the transition of St. Joe from a regional manufacturing conglomerate focused on paper making to a dynamic real estate company and place maker. He retired from St. Joe in 2008. Later in 2008, he became chief executive officer of Nicklaus Companies, founded by golf legend Jack Nicklaus, with services including golf-course design, development of golf and real estate communities, and marketing and licensing of golf products and services. He retired in August of 2009.
Rummell is on the board of AvalonBay Communities, the largest publicly traded apartment REIT in the United States and The Haskell Company, a privately held design-build organization headquartered in Jacksonville, Florida, with business interests spanning the western hemisphere. He is also active in real estate advisory work for several clients.
Rummell is currently active and is past chairman of the Florida Council of 100, a nonpartisan organization of the state’s leading CEO’s. He is also past chairman and on the board of The Alliance for World Class Education, an advocate for public education in Northeast Florida. He is currently on the Advisory Board of Teach for America (Jacksonville Chapter), an innovative movement to eliminate education inequity. Rummell is the incoming chairman of the Urban Land Institute and immediate past chairman of the Urban Land Institute Foundation, the worldwide real estate organization promoting the intelligent use of land. He is the current chairman of the Jacksonville Civic Council, a CEO-based civic group dedicated to long-term growth and community betterment. Rummell was co-chairman of the Jacksonville Super Bowl Host Committee, which hosted Super Bowl XXXIX in 2005 and is currently on the board of the Florida Chamber of Commerce.
Rummell, 65, graduated from The Hill School, and received a Bachelor of Arts degree in English from the University of North Carolina at Chapel Hill. In 1971, he received a master of business administration degree from the Wharton School of the University of Pennsylvania.
Alfred I. DuPont founded the St. Joe Land Company in 1925
(heir to the Gunpowder, Chemicals & Rail Road DuPont Family Empire).
Actor Jimmy Stewart formerly owned the Ho O’mau 1,570 acre Ranch
in Kona, Hawaii. Guy Cobb was the highest bidder at the absolute
auction for $7.4M. The seller was Dr. Thomas Atwood. Jimmy Stewart
had honey mooned in Hawaii and later purchased the ranch where he
spent much of his time while in Hawaii. The ranch includes Macadamia
Orchards and such rare trees as Ohia, Sandalwood, Koa, ancient
Japanese Sugi Pines and 100-foot Loulu Palms.
Dr. Thomas Atwood – Seller
Actor Jimmy Stewart formerly owned Ho’Omau Ranch in Kailua-Kona’s Big Island of Hawaii
Estate Liquidation of 1,389 Properties @ Sebring, Florida
Mickey Miller had developed over 2,500 properties in Sebring Lakes &
Lake Placid, Florida. His estate is being liquidated by his son, Stephen
L. Miller. Steve & his wife, Judy Rae, are owners of the Coldwell
Banker Real Estate office, title and mortgage companies. The estate
consists of: a 45,788 square foot warehouse & a commercial office
building. In addition, there are land tracts and homesites as follows:
6 commercial land tracts totaling 55 acres, 101 acre and a quarter lots,
100 villa/duplex lots, 5 MH lots, 27 eighty foot lots and 1,148 forty foot
lots. All 1,389 properties sold & closed ! Guaranteed Seller Financing is
being offer at: 30% down, 70% LTV, 8.5% fixed rate, 5 year balloon
with a 10 year amortization schedule. Steve decided to commission our
services after he witnessed our success with Frank Mackle, III (the
Mackle Brothers sold 31,000 condos & houses; and sold 50,000
homesites in a single year – a World Record
Judy Rae Miller
Judy Miller is http://heathrowrealty.com/judy_miller_bio.htm
associated with Heathrow Realty. Geno Paolucci & Ted Glasrud were
the Developers of Heathrow, Florida.
In Kona, Hawaii
Ever wonder what 1,389 Sold Properties looks like @ auction ?
Answer: the Available Board is Empty !
Daniel, Irving & Roger Miller, Miami,FL – The Miller Group of Companies http://www.millergp.com consists of over 30 active real estate companies founded in 1951 by Irving E. Miller. Over the past 58 years The Miller Group has developed and/or sold over 250,000 acres of commercial and residential property in South and Northern Florida, built over 25 hotels, motels and apartment buildings, and constructed and owned over 3 million square feet of commercial property. For more than 20 years, Irving served as a strategic real estate advisor and partner with John D. MacArthur who was #3 on Forbes 400 http://www.macfound.org with $7 Billion in assets (America’s Top 10 Charitable 5013c). John was one of Florida’s largest owners of property and the owner of more than 13 insurance companies including Bankers Life & Casualty Insurance Company. Mr. Miller is also a principal of Bedford Capital Corp. a New York based investment banking firm. Mr. Miller is a graduate of Brown University and Boston University School of Law.
Irving is elder brother to Leonard Miller, founder of http://www.Lennar.com America’s largest builder & #1 Builder with U.S. $6 Billion in annual revenues.
Irving Miller is pleased to announce he has successfully closed out his Jupiter Farm Estates project, consisting of 100 properties, with W. Tom Christenson & Daniel M. Parkman, Sr. and their group. This was done by utilizing the close out exit strategy and implementing the luxury auction platform. Irving stated that “I was impressed with the aggressive marketing campaign and the tremendous results achieved”.
Frank Mackle, III , CEO of The Mackle Company http://www.themacklecompany.com . The Mackle Companies have been conducting business in Florida for 100 years. They were the original developers of Key Biscayne http://www.keylife.com/history/ . Mackle built and sold over 81,000 condominiums, homes, lots and the Key Biscayne Hotel & Villas. Mackle set a world record by having sold almost 50,000 homesites in a single year. Their enterprises owned or controlled more than 200,000 acres in Florida thru the Mackle Brothers, Deltona Corporation http://www.deltona.com and General Development (GDC).
The Mackle family developed 16 Master Planned Communities including: St. Augustine Shores, Tampa Palms http://www.tpoa.net , Port St. Lucie, Vero Beach Highlands, Port Charlotte, Sebastian Highlands, Vero Shores, Deltona Lakes, Sunny Hills, Marco Island,
Palm Bay, Port John, Marco Shores, Marion Oaks, Citrus Springs, Pine Ridge & Seminole Woods. These communities ranged in size from 2,000 to 15,000 acres.
Frank Mackle,III is pleased to announce he has successfully closed out his Meadowlake project, consisting of 43 properties, with W. Tom Christenson & Daniel M. Parkman, Sr. and their team. This was accomplished by utilizing the close out exit strategy and implementing the luxury auction platform. “The proceeds, on a net present value basis, exceeded my most optimistic projections for continuing to market the project” said Frank Mackle, III.
The Calhoun Mansion & Museum, 16-18 Meeting Street, Charleston, South Carolina sold 2 weeks prior to auction for $3.75M. Gedney Howe,III, a prominent lawyer and Helen Geer, a Christie’s Great Estates affiliate commissioned our staff to auction the “Biltmore of Charleston” the largest private residence in Charleston, South Carolina USA. The 24,000 +/- square foot Calhoun Mansion, built in 1886, was owned by the Vice President of the United States John C. Calhoun’s grandson Patrick Calhoun. It has 35 rooms, grand ballroom, japanese water gardens, 16 fireplaces, 26 seat dining room table, 75 foot high domed ceiling, khoi pond, fountains, private elevator, 3 levels of piazzas, 11 chandeliers, 45 foot glass skylight, 14 foot high ceilings and 5 stories including the basement and the 90 foot cupola overlooking the Charleston Harbor. It has been featured in the movie “Notebook” staring James Garner, Forbes, A&E’s American Castles, HGTV Fantasy Open House, ABC’s The View, CNN, Associated Press, Bloomberg News, Architectural Digest, Wall Street Journal and Robb Reports 21 Gifts for the 21st Century. Also the TV mini-series North & South starring Elizabeth Taylor, Kirsti Alley, Patrick Swayze, Hal Holbrook, Lloyd Bridges, Gene Kelly, Robert Mitchum and Johnny Cash.
John C. Calhoun was Vice President under both Presidents John Quincy Adams & Andrew Jackson. Patrick Calhoun lived in New York, Atlanta, Cleveland, Charleston, and San Francisco. He owned 50,000 acres in Calhoun Falls, SC, utilities in Pittsburg & Philadelphia, oil fields in Texas, started the Trolley System in San Francisco, Rail Road systems across America, coal mine in KY. He was associated with John D. Rockefeller and J.P. Morgan.
Gedney Howe,III – Seller and Lawyer authorized to practice law before the U.S. Supreme Court
Helen Lyles Geer – Christie’s Great Estates
See article link: DMPSR.Helen Geer Calhoun Mansion Sold ArticleDMPSR.Helen Geer Calhoun Mansion Sold Article
DMPSR.Helen Geer Calhoun Mansion Sold Article
3 Florida Oceanfront, Beachside & Golf Projects Auctioned
George & Gretchen Anderson, Frank Durabi and Gerry Finke are
partners. They auctioned these 3 Oceanfront, Beachside and Golf
Projects. The trio are located in Florida @ Beachwalk on Vilano Beach,
Summer Island on St. Augustine Beach and Sherwood Oaks @ the
Monastery Golf & Country Club in Orange City. George Anderson is
also the Developer of the luxurious $150 million Wyndham Ocean Walk
Resort in Daytona Beach www.oceanwalk.com .
Topsail Island, Wilmington, North Carolina
5 North Carolina Coastline Communities were sold @ absolute auction
on behalf of several Developers. Amongst the sellers were: Charles Ross
of Holland & Knight http://www.hklaw.com (the World’s Top 10 Law Firm),
Lionel Yow, Esquire, John Elmore, III, Joel Tomaselli, Charlie
The Northshore Golf & Country Club is the only coastal Carolinas 4
Star golf course rated by Golf Digest http://www.northshorecounrtyclub.com .
John Elmore, III, is also the Developer of the
Joel Tomaselli, Charles Ross (Holland & Knight – World’s Top 10 Law Firms), John Elmore, III, Lionel Yow, Charlie
Mantooth & Richard Carlton @ the Hilton Ballroom, Wilmington, NC
(from Right to Left)
This event was a joint venture event between, the sellers, Daniel M.
Parkman, Sr. and local realtor Freddy Hayler who is also an
accomplished International Tenor that has cut a CD with the London
6 South Carolina Projects @ Absolute Auction
Andrew Hsu of Overland National and his partner Chuan Wang of Socoland
Inc. had acquired a U.S. $110M portfolio of assets from the RTC. After
years of frustrating conventional unsatisfactory results in absorption and
pricing they elected to sell the remaining assets @ Absolute Auction.
They had attended our Absolute Auction with Richard Steele. Andy &
Chuan were so impressed with the results at Richard’s exclusive gated
Woodside Plantation Golf & Country Club http://www.woodsideplantation.com
that they commissioned us to do the same for them at their 6 SC projects.
Richard uses Club Corporation of America to manage his G&CC
Nicklaus Design http://www.nicklaus.com , Rees Jones, Fuzzy Zoeller, Clyde
Johnston, & Bob Cupp designed the 4 golf courses. The 40,000 square foot
club house is of a traditional architecture. Richard had acquired the G&CC
from David Chase (Forbes 400 http://www.chaseenterprises.com ). Richard is also
the Managing Member of Longmeadow Capital Partners, LLC
http://longmeadowcapital.com/team.html and Developer of Rainbow
Springs Golf & Country Club in Dunnellon, Florida
Lark Jones, Mayor of North Augusta, SC
Lark Jones, the Mayor of North Augusta, SC
Chuan’s closing attorney for this event. He has never seen so many closings
in just 1 month. Andy & Chuan had acquired the RTC portfolio with cash.
They wisely elected to offer Guaranteed Seller Financing with 30% down,
70% LTV, 9% fixed rates, 10 year amortizations ballooning in 5 years.
Thus, creating revenue streams / coupons to clip for up to 5 years with a
Freeport, Grand Bahama Island $6,886,250
Pete Sibley, President of Carnival Resorts and Casinos (operated 90 Resorts & Casinos), a subsidiary of Carnival Cruise Ships (the World’s largest Cruise Ship Lines http://www.carnival.com ) and Lewis B. Freeman http://www.lbfmiami.com sold @ absolute auction U.S. $6.8M in luxury realty in the Bahamia Golf & Country Club & @ the Princess Isle Estates on the Caribbean ocean. Pete’s Driftwood, LLC sold 27 oceanfront and canal estate-sized homesites on a spectacular Grand Bahama peninsula, along with 3 additional deepwater dockage canal homesites, 10 golf course multifamily or single family homesites and two 10.5 acre golf course multi-family tracts. In just 14 days 900 inquiries from 14 Nations had occurred. There were 39 registered bidders from 6 States as well as Jamaica and Bermuda.
Sir Freddie Laker, Founder of Laker Airways is a resident in Princess Isles. Located on the 60-acre peninsula stretch along a mile of beachfront and inland waterways of Princess Isle on Grand Bahama Island, each oceanfront estate has unparalleled waterfront views overlooking the Atlantic Ocean. The canal sites provide superb deep water boat dockage. All sites are designed to easily accommodate yachts of up to 165 feet. Princess Isle, one of the most prestigious locations on Grand Bahama Island. The International Bazaar and Port Lucaya Marketplace feature numerous shopping and dining opportunities featuring “Paris in the Bahamas.”
Five hundred full International Banking facilities guarantee banking secrecy as well as a tax-free environment. Princess Isle owners are eligible for Permanent Resident status. Frequent international air service is available through Grand Bahama International Airport.
The Bahamia Casino & Resort, Golf & Country Club is where Howard Hughes died.
This Shangri-La is only accessible by helicopter, yacht or ferry located
just north of Captiva & Sanibel Islands. No cars are allowed in this
exclusive community, only golf carts. The Developers of The Preserve
consist of: Art Kingsbury (retired Boston Globe executive
http://www.boston.com , Barbara Knox of Michael Saunders Realty
Celebrating another Auction Success: Daniel M. Parkman, Sr.,
Barbara, Ken, Anne, Nancy, Richard
Leydon, Helen, Shirley, Art Kingsbury, Virginia Oros & Tom
The Flying M Ranch, Sold @ Absolute Auction
The World Class Fly-In Equestrian Facility consists of a 10,000 sq. ft.
Manse, Airplane Hangar FAA Approved 4,000 foot airstrip Runway
http://www.pilotoutlook.com/airport/FLORIDA/FD49 , RV Garage,
50,000 square feet of Equestrian Stables with 50-Plus Stalls, 2 Office
Suites, 2 Covered Show Areas, 8 Cross-Fenced Pastures, 12 Paddocks
which are all located on The Flying M Ranch consisting of 167 acres (30
S.E. Montgomery sold The Flying M Ranch @ Absolute Auction to an
Entrepreneur from Tampa, FL. S.E. had been the President of the
largest Trucking Enterprise in Central Florida since the 1960’s
completing Government Contracts for the State of Florida, several
Brickstone Heights Luxury Condominium Project, Buckhead, GA
Brookwood Place Luxury Project, Buckhead, GA
Jay T. Clark & Daniel M. Parkman, Sr.
BUCKHEAD, ATLANTA, GEORGIA . . . Southeast Capital Partners –( www.secpartners.com with $2Billion in developments) and Fidelity Investments (the Country’s largest Mutual Fund with $1.5 Trillion in assets – www.fidelity.com ) sold Twenty magnificent townhomes and condominiums in the prestigious Atlanta communities of Brickstone Heights and Brook Wood Place, for a collective price of $6,094,250 or an average of just over $300,000 per unit. A total of 77 bidders attended, each of whom was required to bring $40,000 in certified funds for the townhomes to bid. This success was accomplished 2 months after the tragedy of 9/11.
“The success of today’s auction shows the pent-up demand for high end condos in Atlanta,” said Daniel Parkman. “Over the past 10 days we have given more than 550 tours. In the past 12 months, the developer had given only 192 tours. With the success of selling condos via the auction process, there is no logical reason for developers to hold on to excess inventory.”
Jay was also a Co-Founder of www.ARAUSA.com with $5.3 Billion in annual multi-family sales volume Nationwide. Apartment Realty Advisors (ARA) is the largest privately held, full-service investment advisory brokerage firm in the nation that focuses exclusively on the multi-family housing industry.
With the appeal of an urban village, the spectacular BrookWood Place on Peachtree Street offers the comforts of a walking neighborhood along with the perks of city living. The award-winning, gated community in the heart of Buckhead is pedestrian and pet friendly, with wide sidewalks, dog-walking areas, and retail shops nearby, while capturing the art lover and athlete with water fountains and a putting green. This prestigious Peachtree address is comprised of 112 condominium homes and 26 townhomes. Brickstone Heights is a stunning, 13-acre gated community featuring 53 brick townhomes.
Harbour Watch, Tampa Bay, Florida
John Hill, Jr. sold out the Harbour Watch project at absolute auction
including his personal manse. The gated project is located in Tarpon
Springs and overlooks Tampa Bay www.harbourwatch.net .
John Hill, Jr.
John was the Managing Director and Head of the
Investment Banking Technology Group, which he co-founded in 1991 at
Raymond James & Associates, Inc www.raymondjames.com , when we
conducted the auction for him. Prior to this, John was employed by
Morgan Stanley in the Mergers & Acquisitions Group in New York
Senior Managing Director of Hyde Park Capital Partners, LLC. During
his career, Mr. Hill has executed hundreds of transactions, in aggregate
totaling more than $5 Billion, including numerous mergers and
acquisitions, financial advisory engagements, initial and secondary
public offerings, private placements of equity and debt securities and