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New Yorker Investing Millions Out West

East Coast Business Mogul Snapping Up Arizona Real Estate
 

FOR IMMEDIATE RELEASE

PRLog (Press Release)Oct 10, 2007 – Roger Abramson is no stranger to the fast-paced lifestyle. As CEO of The Atlantic Group, his hugely successful furniture and project management firm based in New York City, his day-to-day schedule is constantly booked with meetings to grow the company. Yet Abramson always makes time for his second passion: real estate. Abramson has invested over $20 million in residential land in Tucson, working exclusively with Nikki Mehalic-Halle and her successful boutique real estate company, Distinctive Homes and Land, in Tucson, Arizona.

As a professional real estate investor, Abramson felt he needed an agent in Tucson who was capable of providing a quick assessment of the market and where the opportunities lie. He found Mehalic-Halle to be his perfect match.

Abramson’s focus has always been on Northwest Tucson, in Oro Valley and Marana, as he has had much success there. He revealed that he has spent well over $20 million dollars on residential land purchases in Canyon Pass at Dove Mountain and Honeybee Ridge and continues to focus on these areas. The majority of these sales were secured through Mehalic-Halle.

The Estates at Honeybee Ridge is an exclusive enclave of 128 estate lots and homes nestled in a private gated community adjacent to Honeybee Canyon surrounded by pristine desert beauty. Canyon Pass encompasses 2,000 acres of canyon and mountain home sites averaging close to two acres.

Investing in prime real estate across the country through Abramson’s second company, The Pacific Group, a professional real estate investment company, is something he takes very seriously. But deals don’t just happen overnight. They have to be nurtured and thought out both by investor and agent. “Long term, my appreciation is going to be as good in Tucson as anywhere in America – better than a lot of places, actually. I like to stick to what I know. If I have made money in Tucson before, I am going to make it again,” Abramson said.

“When Roger is in Tucson working on a project with me, he wants and needs to know the current market trends and where an opening is in the area. I always try to be one step ahead of the game, as I know a client like Roger doesn’t live in the area and is on a tight schedule. I make sure my team and I stay educated, informed and do our research. These are the key ingredients to the closing deals and producing results,” noted Mehalic-Halle.

Abramson was looking for a long-term relationship with an agent who was on the same wavelength. “I needed someone who could handle my fast-paced lifestyle and New York mentality. I felt Nikki could keep up with me. She knows the product much better than any agent in Tucson,” stated Abramson.

Abramson has no plans to slow down his buying in Tucson anytime soon. “My future plans are to buy more land when Tucson bottoms out completely. It’s in tough shape right now, like most of the country. It’s going to get a lot worse before it gets better. I’ve discussed with Nikki my short term goals of buying a large piece of unsubdivided acres or a bulk sale of $10-20 million dollar lots. I plan to use Nikki’s skills, expertise and knowledge to make these goals become reality.”

Abramson knows firsthand real estate is all about knowing when to buy and when to sell. When compared to other agents across the nation, Abramson believes Mehalic-Halle is at the top of the list. “I’ve been so impressed that I’ve introduced Nikki to other clients of mine, ” he said

Abramson’s forte in Tucson remains in high-end land sales. This is because Abramson strongly believes the area surrounding Tangerine Road is well on its way to becoming the new Scottsdale. “Tucson blows away Scottsdale in terms of beauty and the people give you a really good vibe. Once we get to one million residents, a lot of stuff should happen positively that should make an impact on Tucson’s future and that will take it to the next level.” He believes the best planning is happening in the towns of Oro Valley and Marana. The town of Marana has approved building permits for a Ritz Carlton, the Accenture Match Play golf tournament will be held at Dove Mountain in Marana for years to come, and two high-end retail shopping centers are in the works.

“These are very attractive features for those looking to move to Tucson. Not only can you live in a private, beautiful development in the desert, but upscale shopping, world-class golf, and a luxurious hotel will be minutes away from Northwest Tucson residents,” said Mehalic-Halle.


Abramson has owned a second home in Tucson for 11 years. He also owns homes in four other states, but Tucson, he believes, is magical. “At the end of the day, Tucson is the only home I keep. As a New Yorker, it relaxes and slows me down. It takes the edge off. This is a wonderful place for those who love to be outdoors, hike, bike and enjoy the beauty of nature. Tucson is one place I will never stop loving.”

Abramson cites Mehalic-Halle as an agent who dominates the high-end real estate niche in Tucson. “At the end of the day, I always find Nikki ‘in the know.’ When I ask Nikki a question, she knows the answer. That’s all I need.”

Mehalic-Halle’s statistics speak for themselves. Distinctive Homes and Land is number one in real estate sales in Northwest Tucson. The team is also behind the sale of the most expensive home in Tucson’s history, priced at $4.95 million, in Saguaro Ranch, a development also located in Marana, known for its luxury and beauty.

As the number one brokerage in Northwest Tucson, Distinctive Homes and Land, only halfway into 2007, boasts their active, pending and sold sales volume at $217 million – a staggering number that is far above the rest. The next closest in volume is Long Realty, which measures up short with only $149,040,388. Their sold sales volume rests at $116 million to date.

“As a smaller, boutique real estate broker, it’s about being honest, working as a team, providing superior customer service, trust, and commitment. We conduct business by these values, and I think that’s what makes us so successful,” notes Mehalic-Halle.


ABOUT WINDERMERE DISTINCTIVE HOMES AND LAND
Owned by Nikki Mehalic-Halle, Distinctive Homes and Land, a Windermere franchise, specializes in real estate in the Tucson area, most notably in the northwest. The boutique real estate company is home of The Mehalic-Halle Team and has garnered the ranking of #1 real estate company in Northwest Tucson. With more than $217 million in active, pending and sold volume to date in 2007 at an average price of $646,046, Distinctive Homes and Land attributes its success to their knowledge of the market and a direct focus on customer service. Mehalic-Halle’s experienced team consists of 40 talented real estate and support professionals. Mehalic-Halle and her team of agents are members of local, state, and national professional associations, including the Tucson Association of REALTORS®. Mehalic-Halle is also involved in the community, sitting on several charitable boards including The Bruce T. Halle Family Foundation. Her focus is to lead by example and she challenges her agents to live the same. To contact Windermere Distinctive Homes and Land, please call the office at (520) 797-1771, or toll free at 1-800-797-1771 or online www.distinctivehomesandland.com.
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Issued By:McFadden/Gavender Advertising
Website:http://www.mcfaddengavender.com
Contact Email:Click to email
Phone:520-882-6262
Fax:520-882-0604
City/Town:Tucson
State/Province:Arizona
Country:United States
Categories:Real Estate, Business, Travel
Tags:Tucson, Arizona, Real Estate, New York, Dove Mountain, Mehalic-halle, Housing Market, Realators
Shortcut:www.prlog.org/10033822

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