LAGUNA NIGUEL, Calif., Sept. 27 /PRNewswire/ -- Montecito Property Company
made sales history this past weekend September 24-25, 2005 when the fastest
growing property development company in America sold almost 90 percent of its
homes at the grand opening of LaVista at Laguna Niguel. The community of 280
units is the first California condo conversion in a series, planned by the
Jacksonville, Florida-based developer.
More than 1,000 potential homeowners converged at the new home community
when the doors opened Saturday morning. Welcoming them was a fanfare of
entertainment, sumptuous fare and a live webcast where prospective home buyers
could view the festivities live via the Internet at http://www.montecito.tv.
"With the median price of a home in Orange County topping out in July,
2005 at $706,820 as reported this past week in the Los Angeles Times,
Montecito's enclave of luxury condo conversions is a great value for the
money," says President Edward "Chip" Conk of Montecito Property Company, LLC.
Added Conk, "We were not at all surprised by the overwhelming response and
interest in LaVista at Laguna Niguel because of its spectacular location only
three miles from the Pacific Ocean. We feel Tuscany at Foothill Ranch,
opening October 15, 2005, and the Hills at Yorba Linda, opening October 22,
2005, will also experience an immediate sell-out because of their desirable
locale, where job and employment growth are outpacing other parts of Southern
California."
Montecito Property Company, LLC, is headquartered in Jacksonville,
Florida, and acquires properties in major metro areas throughout the United
States, repositioning multi-family communities for conversion to condominiums.
Recent projects have taken place in Florida, South Carolina and Arizona.
For more information about the company's several distinct styles of
California condos including LaVista at Laguna Niguel, Tuscany at Foothill
Ranch and The Hills at Yorba Linda in Orange County, California, contact the
sales office at (866)221-3314 between 9 a.m. and 6 p.m. Monday through Sunday;
or go online at http://www.montecitopropertycompany.com.
SOURCE Montecito Property Company, LLC
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Related links:
http://www.montecitopropertycompany.com
CONTACT:
Charlotte Novom, cnovom@novom.com, or Susan
Bejeckian, sbejeckian@novom.com, both of Novom Marketing,
+1-323-882-8333, for Montecito Property Company
NOTE TO EDITORS: For high resolution, downloadable images of the
three different condominiums, call Novom Marketing (323)
882-8333.
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