HFG Real Estate Blog

Brand New Construction in Florida

Brand New Construction in Florida                   

Ten years ago the Community, 43Urban Village was only a dream. Now in 2014 there are homeowners living inside this 15-unit boutique complex of townhomes. Phase 1 of the 3-phases is now complete. Phase-2 is being built and is projected to be complete by October of this year.

 Entrepreneur, contractor, developer and President of IDI Urban Developers, Robert Saporiti, a Broward County native has defied all odds of even getting 43Urban Village off-the-ground. Lender after lender had closed their doors when Saporiti hit the road to getting financing for this housing project. The remnants of the 2007 National and Local mortgage crisis had hit its toll on the real estate market and was still lingering in 2013 even though the economy was improving, especially new construction sales.

 That didn’t stop Saporiti from knocking on doors even though there were consistent rejections for the financing. To overcome the hurdle, in 2012 he assembled a team of professionals in the business that would assist him to making this dream a reality. Asking real estate brokerages to be a part of the team became another challenge. Nearly all Realtors were hesitant to join his team, they too had been impacted by the real estate crisis and rejected what Saporiti had to offer, an opportunity to market, advertise and sell brand new construction in Fort Lauderdale-Oakland Park area.

 However, things started to look-up and move in the positive direction. Saporiti had a Real Estate Consultant on his team who helped guide him through the process. They then called the Henri Frank Group brokered by REMAX to help kick-off the new construction project and a relationship had been born. Now there were sub-contractors, a builder, an architect, and real estate professionals surrounding him with a commitment to his project.

 But still, the financing was a struggle and the most challenging part of the project. However, it wasn’t going to stop Saporiti from moving forward. Marketing campaigns began, social media campaigns, magazine print ads and online advertising was in full swing, as the financing was founded. Vice President of Community Banking and Lending of PNC Bank had agreed to support the 43Urban Village project.

 Was it timing, was it the mortgage climate improving, was it the team Saporiti had assembled? I believe it was all of these factors. PNC saw an opportunity to contribute to the business community as they were developing their business throughout South Florida. The Henri Frank Group saw an opportunity to work with a professional developer and expand their portfolio of clients and properties sold.

Today, July 4th, 2014, homeowners are getting settled into their brand new homes. Contractors and construction workers continue to be employed as they work on completing Phase 2. The Henri Frank Group continue their marketing and advertising campaigns and selling unsold units. What was a dream in 2005, has become a reality for Robert Saporiti.

 The Sales Center for 43Urban Village has moved from the Wilton Manors Henri Frank Group office and onto the site. Contact us for a preview of completed units and all the information about buying a townhome at 43Urban Village. Call or text, 954-604-9999 or email us, info@henrifrank.com.

 Visit the 43Urban Village FACEBOOK Page:  https://www.facebook.com/43urbanvillage

 For Daily updates and to get a FREE Package of Information visit:  http://henrifrank.com/43-urban-village/

 Follow us on TWITTER:   https://www.twitter.com/HenriFrankGroup-43UrbanVillage

IDI Urban Developers

Robert Saporiti, President

4309 NE 1st Terrace

Oakland Park, FL  33334

(954) 224-5767

illdoitinc@aol.com

 

Henri Frank Group

Frank Vigliotti, PA, Founder, Realtor

2166 Wilton Drive

Wilton Manors, FL  33305

(954) 604-9999

Frank@HenriFrank.com

 

Henri Frank Group

Dyannah Callista, Realtor, Marketing Director

2380 E Oakland Park Boulevard

Fort Lauderdale, FL  33308

(954) 830-1454

dyannahc@gmail.com

Fort Lauderdale RealtorBrand New Construction in Florida

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