Peachtree Communities Joins Builder Teams at Lake Frances and South Brook

April 9th, 2012

Peachtree Communities has acquired homesites within the LandTech’s communities of Lake Frances in West Columbia, SC and South Brook in Lexington, SC.

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With over 50 years of combined experience, Peachtree Communities was founded on three basic principles: quality, value, and customer service. The company continuously strives to create thoughtfully planned designs where the integrity of every home crafted is ensured by the Peachtree name and commitment.

Headquartered in Atlanta Georgia, the company has been expanding rapidly in the Columbia, SC new home market and is driven by the fundamental goal of providing home buyers with superior residences at affordable prices. Because of their superior price and quality, Peachtree Communities is poised to take a significant lead in Columbia’s home building industry.

Peachtree Communities is initially building three new builder showcase homes in Lake Frances priced from $159,000. One of the homes is the exquisite floor plan known as The Richmond , a 4 bedroom, 3 bath, 2,725 square foot, two-story home with a guest bedroom on the main level and an upstairs loft. It features on the main level a spacious kitchen with breakfast area, separate living and dining rooms, and a family room with a fireplace. Upstairs the home offers a hall bath, large owner’s suite with a sitting room, and a private owner’s bath with a walk-in closet. The home also has a spacious two-car garage. Representing Peachtree Communities within Lake Frances will be Missy Miller who may be reached at missymiller10@gmail.com (803) 551-9347 or (803) 360-0836.

The company will also start three new builder showcase homes in South Brook priced from the $130,000′s. Contact information and further details of plans and specs have yet not been released by the company.

The community of South Brook is one of LandTech’s best selling new home communities and has active home construction by four exceptional Lexington-area new home builders: Peachtree Communities, Crown Communities, DR Horton Inc. and Fortress Builders.

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Wellesley Ranked As 8th Best Selling New Home Community In SC

November 14th, 2011

 

LandTech’s Wellesley community was ranked 8th in the entire state of South Carolina for new home sales by the Charleston Post and Courier on November 14, 2011 for the period the start of 2011 through August.

 The entire article may be read here.

 Top-selling new home communities in South Carolina:

 Rank | Community | Region | Closings (Jan.-Aug.) | Avg. price

 1 | Carolina Lakes | Charlotte | 123 | $286,681

 2 | Cane Bay | Charleston | 110 | $229,608

 3 | Prince Creek | Myrtle Beach | 74 | $267,661

 4 | Carolina Bay | Charleston | 70 | $261,625

5 | Lake Carolina | Columbia | 69 | $235,875

 6 | Sun City | Hilton Head | 58 | $281,770

 7 | Boltons Landing | Charleston | 49 | $203,826

 8 | Wellesley | Columbia | 48 | $173,716

 9 | Gardendale | Charlotte | 46 | $280,839

 10 | Spring Grove | Charleston | 46 | $195,968

 – Source: Real Estate Information Service

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Former Fortune 500 Director of Real Estate Joins LandTech Realty, LLC to Launch New Brokerage Division

November 22nd, 2010

Scott Hebebrand

Charleston, SC – Scott Hebebrand, President of Southeast Realty, has teamed with LandTech Inc. of South Carolina to form LandTech Realty, LLC.  Scott brings to LandTech more than 15 years experience in real estate brokerage, acquisition, disposition, planning, entitlement management and development services with several Fortune 500 companies, the private sector and county government.

“The real estate downturn has created a unique opportunity for experienced real estate professionals to assist financial institutions with the disposition of special assets and REO properties,” said Hebebrand. “Current market conditions have challenged owners and financial institutions to maintain value and profitability in an environment where lending is practically nonexistent. Distressed assets will require capital in a business climate where most lenders are looking to clear balance sheets instead of providing additional capital. LandTech Realty will assist lenders in selling distressed assets and will also present opportunities to our well-capitalized clients to purchase off-market assets at a significant discount.”

Prior to joining LandTech, Scott served as South Carolina Director of Real Estate for KB Home. He led the division’s real estate operations for the national homebuilder, managing a $150 million portfolio and negotiating over $200 million in contracts involving acquisitions, special assets, dispositions and developments. Prior to this leadership role, Scott also was engaged in similar roles with the national homebuilders Toll Brothers and Ryland Homes.

In addition to his corporate experience, Scott gained valuable private sector land development experience with Pappas Properties as the key project leader for the community of Berewick, a 1,000-acre mixed use, master-planned community in Charlotte, North Carolina that was awarded Community of the Year (2008). He also augmented his real estate experience by serving as Regional Planner for Union County, North Carolina’s fastest growing county.

Over his career, Scott has been instrumental in the acquisition and disposition of $750 million in commercial assets. He has also played a significant role in the planning and development of multiple mixed-use and master-planned communities totaling over 7,000 residential units across the Southeast.

Scott is a licensed real estate broker in both North and South Carolina. He is a member of the Urban Land Institute and the Charleston Real Estate Developers Council and earned a Bachelor of Science degree in Geography from Ohio University with a concentration in Geographic information Systems and Urban and Regional Planning.

As the Director and Broker-In-Charge of the realty company, Scott will be instrumental in the expansion of LandTech’s Asset Management Division, which offers a full range of special asset services including Valuations, Regulatory Compliance, Construction Management Services, Sales and Marketing Services, Receiverships, Asset Management and Disposition Services. Specializing in land, lots, subdivisions and special asset sales throughout the Southeast, this new brokerage division, completes LandTech objective of being in a position to provide lending intuitions with a turnkey solution for evaluation, management or disposition of real estate assets.

Scott will be headquartered in Charleston, South Carolina, and may be reached at 843-670-3013 or shebebrand@landtechsc.com. For more information on LandTech, visit http://www.landtechsc.com.

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Wellesley Community Leads Lexington’s New Home Sales Through the 2nd Quarter, 2010

October 12th, 2010

Lexington, SC – LandTech Inc. of SC, a developer of residential communities in Lexington County reports that Wellesley (wellesleysc.com) continues to be ranked first in house sales for the county through the first two quarters of 2010.

So far this year, Wellesley has achieved 42 new homes closed and is on pace to exceed 2009’s record pace when Wellesley was also ranked first in home sales for the county. Wellesley is located just off of I-20 and Hwy 378 in award-winning Lexington School District One. Year to date, through the 2nd quarter 2010, 42 new homes have closed in Wellesley at an average price of $183,500 for $7.7 million in sales.

LandTech’s two other communities in Lexington County, Southbrook (southbrook.com) and Lake Frances (lakefrancessc.com) are ranked third and tied for eleventh in new home sales out of 78 subdivisions active within the county. Last year through the second quarter, Southbrook witnessed 22 new home closings at an average price of $152,600 for $3.4 million in sales. Lake Frances experienced 12 new closings at an average price of $189, 900 for $2.3 million in sales.

According to The M.O.R.E. Report, a housing industry research firm, collectively home sales within LandTech’s three Lexington County communities were up 33% through the 2nd quarter 2010 over the same period in 2009. Additionally, LandTech’s communities saw their total share of the Lexington County’s new homes market rise to 16%. For the same period last year, LandTech’s share stood at 14%.

Growing In A Challenging Market

Why has LandTech been so successful given the difficulties in the real estate market? Home buyers today are more selective. We choose communities with sensible, sustainable development plans and well-conceived amenities. Buyers want to grow their life’s primary asset in stable, growing communities founded on sound development principals and good plans.

In the case of Wellesley, LandTech has invested heavily in completing a signature entrance and quality amenities. The company has recruited a talented stable of successful homebuilders such as Hurricane Construction, Rymarc Homes and Holiday Builders who have built and staffed decorated model homes and are delivering affordable new homes targeted at first-time and move-up buyers. Recently, plans were announced to build two new Lexington District One schools less than a mile from the entrance to the community. Construction is well underway on the elementary school and it is slated for opening in August 2011. Plans are also to create a new connector to Hwy 378 which will alleviate concerns about traffic in the area.

LandTech Inc. of SC is a privately-owned real estate management and development company with a long history of turn-key developments of primary and second-home communities including two South Carolina flagship communities. A complete history may be found at www.landtechsc.com.

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New Lexington School District One Elementary School Breaks Ground on Ginny Lane

May 10th, 2010

The new elementary school under construction on Ginny Lane is situated on a 77- acre parcel contiguous to the community of Wellesley. The school will feature connector sidewalks to the community so children may walk to school and not have to exit the community and travel on Ginny Lane.

Lexington, SC – Lexington School District One has initiated site work on a 77-acre site for a new educational campus on Ginny Lane, an interstate road accessed from Highway 378 at its interchange with I-20. The new educational campus will contain an elementary school which will open in August 2011 and a middle school opening August 2012. The two construction projects are part of a 2008 bond referendum that also includes the construction of a new high school on Corley Mill Road (planned to open in August 2013), two other schools and other District projects. 

According to Joe Bedenbaugh, an administrator with Lexington District One, the new elementary school will accommodate 800 students, serve grades kindergarten through fifth grade, and feature the latest technologies in class room design.  Attendance zones have not been determined for the new unnamed school.  Jumper Carter Sease Architects is designing the school and construction will be managed by MB Kahn Construction, both of Columbia, SC. 

In connection with the construction of the educational campus, Lexington School District One has agreed to complete a new road which will be named Northside Boulevard and will provide another connection to Ginny Lane from Highway 378. The new two-lane road will be located adjacent to Northside Baptist Church (currently under construction on Highway 378) and alleviate traffic at the intersections of Ginny Lane, Highway 378 and Corley Mill Road.  Land for the new road was jointly provided by Northside Baptist Church and the Harman Family Real Estate Company, LLC.

LandTech Inc. of South Carolina, development manager of the Wellesley community helped reduce the costs to provide sewer service to the site by giving the school district the easements necessary to connect to the Town of Lexington’s sewer system.  Also, LandTech coordinated with the school district to provide two sidewalk connections directly from the Wellesley community to the educational campus.  Children may walk to the school campus without having to exit the community and travel on Ginny Lane.

Wellesley was ranked the #1 community for new home sales in Lexington, SC for 2010. The developer, LandTech Incorporated of South Carolina is a privately-owned real estate management and development company with a long history of turn-key developments of primary and second-home communities including two South Carolina flagship communities.    A complete history may be found at www.landtechsc.com.

LandTech Incorporated of South Carolina is a privately-owned real estate management and development company headquartered in Columbia, South Carolina.

Posted in LandTech Inc., Lexington County, New School, SC | 1 Comment »

Rymarc Homes Joins Builder Team at LandTech’s Lake Frances Community

April 6th, 2010
The Rome is the new model home under construction within Lake Frances.

One of Columbia’s leading homebuilders, Rymarc Homes has joined the team of expert builders in the Lake Frances community.

Rymarc offers six different home plans within Lake Frances that range in size from 1,900 square feet to 3,000 square feet plus. Known as the Renaissance Series, homes range from 3 bedroom to 5 bedroom plans with either 2.5 or 3.5 bathrooms and feature attractive brick or stone cottage facades.

Rymarc Homes is constructing a beautiful model home at 203 Ashburton Lane. The expansive, fully-furnished and decorated model home is named The Rome and features four bedrooms and 2.5 baths, with an optional bathroom and offers all the upgrades including beautiful kitchen appointments such as granite and beautifully stained cabinets. The Rome plan is part of the Renaissance Series and this particular plan offers square footage from 3,060 square feet up to 3,300 square feet. Rymarc Homes’ Renaissance Series at Lake Frances can be easily reviewed on the web at www.rymarc.com/rymarc-lakefrances.html.

Rymarc Homes was founded in 1982 with one goal – to provide quality-built homes at affordable prices with dependable service throughout the entire homebuilding process. Since then Rymarc Homes has made the American Dream affordable for over 3,000 families. Their knowledgeable staff will help you choose floorplans, finishes and interior and exterior treatments, as well as help you explore various financing options. As an established builder in Columbia, SC, Rymarc Homes knows the market – so you benefit from an expert level of experience and a distinct hometown advantage. In a Rymarc home, you’ll find much more for your money — more square footage, more energy-efficient designs and higher standards of construction. Rymarc Homes makes quality affordable — you’ll get excellent value, a quality product and dependable service.

For more information on these wonderful Rymarc Homes and directions to Lake Frances, contact Hunter Jackson with Rymarc at 803-749-7071 and email hjackson@nvrinc.com. Hunter is available Sunday and Mondays 1-6 PM and Tuesday through Saturdays 11 AM – 6 PM, or by appointment.

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LandTech’s Unique Ten Operating Principles

February 18th, 2010

A View of Lake Frances, a 48-acre lake in Lexington County, South Carolina

1. Choose sites with planning potential that enable development accomplished in harmony with the natural attributes of the land.

2. Select sites with sufficient property frontage on a major thoroughfare for a dramatic entrance.

3. Develop sites located in excellent school districts, with elementary schools located within 3 to 5 miles.

4. Incorporate sidewalks, bike paths and walking trails that connect neighborhoods, amenities and commercial districts.

5. Avoid overbuilt markets that have peaked; opt instead for growth areas.

6. Offer diversity of architectural product and price and if possible, design smaller neighborhoods with thematic integration and separate entrance statements.

7. Create an entrance statement of such quality, beauty and magnitude that it serves as a magnet which pulls prospective buyers into the community to investigate.

8. Develop a community awareness campaign which educates consumers about LandTech’s development principles and shows them why the company builds communities, not “oases of rooftops.”

9. Adopt strict architectural and landscape standards and other community covenants to protect and enhance values and community lifestyle.

10. Establish credibility with the marketplace by investing in the master plan, infrastructure and amenities early within the development so home buyers will know what their community looks like before the first home is built.

LandTech Inc. of SC is a privately-owned real estate management and development company with a long history of turn-key developments of primary and second-home communities including two South Carolina flagship communities, Lake Carolina and Park West. A complete history may be found at www.landtechsc.com.

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Bucking The Trend!

February 18th, 2010

Why has LandTech been so successful given the most difficult real estate market since the Great Depression?

One reason is that home buyers are more selective. Buyers choose communities with sensible and sustainable development plans and amenities. They make purchase decisions based on longer investment horizons and are willing to grow their life’s primary asset along with a stable, growing community founded on sound development principals and a good plan.

In the case of Wellesley, LandTech has invested heavily in completing a signature entrance and quality amenities. The company has recruited a stable of successful homebuilders such as Hurricane Construction, Rymarc Homes, Holiday Builders and Shumaker Homes who are delivering affordable new homes targeted for first-time and move-up buyers. Recently, plans were announced to build two new Lexington District One schools less than a mile from the entrance to the community. The elementary school is slated for an August 2011 opening. Plans are also to create a new connector to Hwy 378 which will alleviate concerns about traffic in the area.

Building Lifestyle… More Than Just Another Neighborhood With A Pool

The main reason that LandTech has grown to be the most successful developer in Lexington County is the company’s strict adherence to sound development principles and its willingness to compete at price points that are finding success in today’s challenging market.

Within its three Lexington communities, LandTech focuses on providing homesites for affordable homes, designing communities which offer great lifestyle including signature amenities, sidewalks and picturesque landscaping. Plus, the developer invests and completes infrastructure and amenities at the front end so homebuyers can see what they are buying. Built into every master plan and executed through the development process are LandTech’s unique operating principles.

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LandTech’s New Home Communities Experience Sharp Rise In Housing Starts In First Quarter 2010

February 18th, 2010

According to the MORE Report, a housing research provider in Rocky Mount, NC, LandTech’s Wellesley community was ranked #1 in home sales among Lexington County’s 150 active subdivisions in 2009.

Columbia, SC – Announced new housing starts have picked up significantly in the first quarter 2010 for LandTech’s three family-centered residential communities: Wellesley, Southbrook and Lake Frances.   Five different builders in these communities have announced 54 starts of new homes in the first six weeks this year.  The quarterly activity within LandTech’s Columbia-area communities is on track to be the single largest jump in home starts for the past several years.

The leap in house starts correlates with LandTech’s increased house absorption last year. In 2009, home sales in LandTech’s communities were up 86% over the prior year, growing from 81 homes sold in 2008 to 151 in 2009.  Similarly, LandTech’s share of the Lexington market more than doubled in 2009, rising from 6% in 2008 to 16% in 2009.

Kevin Steelman, LandTech’s CEO comments, “These housing starts are a sign of better days.  Our builders’ cautious optimism is a combination of reacting to increased housing demand among first-home buyers due to federal tax incentives and increased demand among move-up markets because of excellent home pricing.  It is simply an excellent time to buy a new home… interest rates are near historic lows and home building materials and labor costs have been reduced because of the recession.”

LandTech Incorporated of South Carolina is a privately-owned real estate management and development company with a long history of turn-key developments of primary and second-home communities including two South Carolina flagship communities.  A complete history may be found at www.landtechsc.com.

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Lexington’s Wellesley Community Leads Home Sales in 2009

February 10th, 2010

Lexington, SC – LandTech Inc. of SC, a developer of residential communities in Lexington County reports that the neighborhood of Wellesley (wellesleysc.com) is ranked first in house sales for the County in 2009. The community is located just off of I-20 and Hwy 378 in award-winning Lexington School District One. In 2009, 72 new homes were closed in Wellesley at an average price of $179,663 for $12.9 million in sales.

LandTech’s two other communities in Lexington County, Lake Frances (lakefrancessc.com) and Southbrook (southbrooksc.com) are ranked third and sixth in new home sales out of 150 active subdivisions within the County. Last year, Lake Frances closed 42 new homes at an average price of $188,868 for $7.9 million in sales. Southbrook closed 37 new homes at an average price of $146,018 for $5.4 million in sales.

According to Market Opportunity Research Enterprises, a housing research provider based in Rocky Mount, NC, home sales within LandTech communities were up 86% in 2009 over the prior year. The company has grown its share of the Lexington County market by 10%, rising from a 6% share in 2008 to a 16% share in 2009.

click on graphic above to open!

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