Marty Pozgay, the President of Florida Community Services Group, recently emailed me with the exciting news that his company has helped another manufactured housing community join the ROC family.
On October 15, the residents of Orange Harbor in Fort Myers purchased their park. Orange Harbor has 364 mobile home sites and 130 recreational vehicle sites and is located on the Intracoastal Waterway and the Orange River. The purchase price was $36 million and the blanket mortgage financing was provided by Bank of America.
The unit owners’ cooperative association that purchased the park is Orange Harbor Co-op, Inc. and the association’s President is Sidney Toll.
Congratulations to the residents of Orange Harbor and welcome to the world of resident owned communities!
I just finished reading a blog entry by Bryan Norcross, who some of you may remember from his incredible reporting in Miami during Hurricane Andrew. He’s now one of the tropical weather experts with the Weather Channel and I hope you’ll find this entry from his blog at The Weather Underground as entertaining and educational as I did–and that you’ll pay close attention to his thoughts on hurricanes and insurance companies.
I’ll be speaking at the Mid-Florida ROC meeting at Country Club Manor in Eustis on November 27 and then we’ll get into our community association seminar schedule. I promise to post information on our first set of seminars in the next week or so. Please let me know if you have any topics you’d like us to cover during our seminar season.
Thanks and I’ll look forward to seeing you during the next few months.