BUSINESS OBSERVER

+ Medallion Home celebrates record year
Medallion Home closed on 142 home sales in 2011, generating $42.6 million in revenues for the company.

Revenues have quadrupled from 2009, from $10.66 million in that year, to $32.84 million in 2010, to this year’s record-breaking performance. New home sales increased as well, from 140 units in 2010 to 190 in 2011.

Employment at the firm is back to pre-recession levels. Those numbers have bounced from 48 employees in 2005, to 14 in 2008, back to 50 this year.

In an interview with the Gulf Coast Business Review, sister paper to the East County Observer, in September, Medallion Home owner and President Carlos Beruff said the company’s employment decisions provided cash for the downturn, which proved fortuitous.

“The key to surviving all this is to have a lot of liquidity,” Beruff said.

Beruff founded Medallion Home in 1984.

+ Keller Williams adds two to staff
Realtors Gary Coker and Alexis LeRoy have joined Keller Williams Realty.

Coker was formerly an agent with Prudential Lakewood Ranch.

With 24 years of experience in customer service management, Coker is focused on providing clients with excellent service. He knows the luxury market, having worked in vacation ownership sales and luxury vacation rentals. Originally from Torrance, Calif., he lived in Palm Springs for 14 years before moving to Florida in 2008.

LeRoy will focus on new construction, first-time buyers and short sales. She is a third-generation real estate agent raised in Bradenton.

+ Cool Today wins Angie’s List award
Cool Today, a Sarasota based Heating and Air Conditioning company earned the coveted Angie’s List Super Service Award for its customer service.

Only about 5% of Angie’s List businesses receive the award annually.

“The fact that Cool Today can claim Super Service Award status speaks volumes about their company-wide dedication to consumers,” said Angie’s List founder Angie Hicks.

Angie’s List collects consumer reviews on local contractors and doctors in more than 500 service categories including water main and sewer contractors. Currently, more than 2 million consumers across the U.S. rely on Angie’s List.

For more, visit www.cooltoday.com.

+ Timucuan opens office in Lakewood
Jacksonville-based Timucuan Asset Management opened recently a satellite office in Lakewood Ranch Corporate Park.

Todd B. Martin, CFA, will run the office, managing nearly $300 million in liquid assets from his portfolio of high net-worth clients.

The new office will provide the local marketplace opportunities to participate in Timucuan’s concentrated, value-driven investment approach.

Established in 1988, Timucuan Asset Management Inc. is a privately owned investment management firm that provides asset management services for high-net-worth individuals, family offices and institutional investors.

For more information, call Martin at (904) 265-0002 or visit www.timucuan.com.