Real Estate News Local institute hosts series on sustainable firms; Builder promotes geosolar homes
• Charleston energy conservation group hosts monthly discussion program •
The Sustainability Institute’s ReThink Series, a new monthly event, will meet on Wednesday for a talk about Coast Brewing Co. The program, to be held at Coast Brewing at 1250 N. 2nd St. in North Charleston, will be 6 p.m. for food and drink and 6:30-7:30 p.m. for discussion. It is free to members and $15 for nonmembers.
According to The Sustainability Institute, Coast is “Local. Creative. Organic. A small, family owned craft brewery.”
The Charleston-based Sustainability Institute is a nonprofit organization with a mission of empowering South Carolina communities to transform homes and workplaces to conserve energy and reduce the overall economic impact. Proceeds go to the programmatic work of the institute.
For more information, contact Deborah Kaufman, director of development, at 843-529-3421.
Nexus plans three “net-zero energy” communities in Charleston area
Michael Murphy remembers the frustration of knowing he and associates had a great idea but there was nothing to show for it.
“We started this as a concept,” as an outgrowth of sustainable architecture, says Murphy, an engineer and executive vice president of Nexus EnergyHomes. “We had to do the due diligence, to get the recipe right.”
A few years ago, Stevensville, Md.-based Nexus EnergyHomes cast what it believes are the proper mix of ingredients. It started framing homes aimed at achieving “net-zero energy,” generating enough power by eco-friendly means to offset usage through the electrical grid. At the same time, the company found ways to keep home prices comparatively low.
The builder has crafted at least eight “geosolar” communities, ranging from a handful of homes to 55 residences in Frederick, Md., in the past few years. The geosolar hamlets thus far have been confined to Maryland and Pennsylvania.
Then in early September, Nexus EnergyHomes disclosed its leap into South Carolina. The company chose metro Charleston to assemble a dozen ultra-energy-efficient houses in its Sundial enclave of the River Birch neighborhood in Summerville, 31 properties in Ridgeville-based Sunchaser at Bridlewood Farms and 29 residences in the new Harmony Way village at Porchers Bluff and Rifle Range roads in Mount Pleasant.
The three-to-five bedroom Sundial homes range from 2,500 to 3,450 square feet and are priced from the mid $300,000s. Sunchaser at Bridlewood houses will be 1,900-3,100 square feet and start in the mid $200,000s.
The builder and its sales and marketing specialists, AgentOwned Realty, teamed Sept. 20 on a ground-breaking ceremony and open house at River Birch off Dorchester Road. The builder is in the early stages of the Sundial model home, which should be completed in about 40 days.
“This is so exciting,” says Liz Loadholt, who with husband Boyd Loadholt heads up AgentOwned Realty. “It really is.”
Owning a geosolar house requires monitoring by the homeowners to keep tabs on usage. As a result, buyers will get iPads to tally the information, she says.
Homeowners can apply for tax credits or other incentives for solar, geothermal and other energy-efficient uses, according to the S.C. Energy Office website.
“This is the real deal, an industry change,” says Boyd Loadholt, noting that he hasn’t been this energized about a building achievement in the past 35 years.
Design features in the Nexus EnergyHomes include photovoltaic solar array, geothermal heating and cooling, energy recovery ventilation, structurally insulated panels, Energy Star appliances and low energy windows and lights.
Nexus EnergyHomes says it has conducted years of testing, working closely with the National Association of Homes Builders’ Research Center. Nexus was named 2012 Builder of the Year in the Energy Value Housing Award.
Mike Luzier, president and chief executive of the NAHB Research Center, told the few dozen agents, builders and neighbors at the ground-breaking that its green-building standards are the most rigorous in the industry.
They include an on-site inspection. “We have to see it or (builders) don’t get credit for it.” Nexus, he says, consistently meets all six of the stringent requirements to receive the energy value housing award on its dwellings.
A group that includes local developers Gorden Timmons and Ed Scott will provide the land for the local Nexus EnergyHomes communities. While the East Cooper neighborhood hasn’t been formally announced, Timmons confirmed at last week’s ground-breaking that Harmony Way will contain the geosolar homes. Pricing hasn’t been set but is expected to be a little higher than the Dorchester County communities.
The connection with Nexus EnergyHomes originally came through Scott, who owns a home in Frederick, Md. Impessed with what they saw, the developers were involved in talks to bring the company to the Charleston area.
Nexus EnergyHomes has a regional office at 128 S. Main St., Suite 7 in Summerville. Local builder representative Jamie Carter will head up the office.
Donna Urban, an AgentOwned associate, says she is thrilled to be involved in marketing and selling the geosolar homes.
“It’s nice to finally have someone figure out how to put all the (environmental) products together at a price people can afford, with no electric bill to speak of,” she says. “It’s phenomenal to me.”
For more information, visit www.nexusenergyhomes.com/carolina or
call toll-free 855-639-8734.
• Luxury rental agency relocates to larger building on Isle of Palms •
One of the larger firms in the Charleston area for leasing out top-flight vacation homes has moved an office to a more sizable spot a block away.
Exclusive Properties, a luxury rental company, has expanded its Isle of Palms office.
The company also has an outlet on Folly Beach.
Exclusive Properties is now at 1116 Palm Blvd. on the Isle of Palms, just up the street from the new city Public Safety Building. The real estate firm formerly was situated at 1022 Carolina Blvd.
According to Exclusive Properties, the company manages “some of the largest and most elegant homes on the islands.” It was featured on the Travel Channel, which reaches more than 100 million homes worldwide.
The luxury properties include such features as infinity edge pools overlooking the ocean, rooftop hot tubs, private putting greens and wine cellars, the company says.
Exclusive Properties, owned by Shelley and Mel Miles, provides VIP concierge services for guests among other special features. The agency says it’s known for an attention to detail.
The company says it has experienced substantial growth “as the Isle of Palms has become a destination place for large family gatherings and corporate retreats.”
For more information, visit http://www.ExclusivePropertiesUS.com/.
• Sherrod gets nod as commercial brokerage principal •
An associate at one of the largest broker-owned commercial real estate companies in the U.S. has been promoted locally.
Will Sherrod was recently named principal of the Charleston office of Lee & Associates.
“Will provides loyal and devoted service to his clients and helps manage their real estate investments to effectively achieve the highest results possible,” says Milton Thomas III, president of Lee Charleston.
“In today’s environment, that dedication and knowledge is a valuable tool to help navigate a more complete real estate market,” Thomas says. We’re proud to have Will and his business acumen on board.”
Sherrod joined Anchor Commercial Real Estate Services as an associate in 2000 before it became Lee & Associates Charleston.
He has specialized in retail development, leasing and investment sales. Among his efforts are to coordinate and assist in the design and construction of retail projects from small strip centers to larger mixed use developments. He’s also negotiating hundreds of leases for retail tenants. And he specializes in net leased investment sales of properties with single and multiple tenants.
In 2004, he received the Certified Commercial Investment Members designation held by just the top five percent of commercial brokers in the country.
Sherrod is the current president elect of the South Carolina CCIM chapter and will be the chapter’s president for 2013. He is also member of the International Council of Shopping Centers, the Charleston Trident Association of Realtors, Commercial Investment Division of CTAR and the CTAR Commercial Users Group, South Carolina Association of Realtors and the National Association of Realtors.
He holds a bachelor’s degree from the College of Charleston.
In business since 1979, Lee & Associates has 45 locations in 16 states nationwide.
For more information, visit www.lee-associates.com.