January 7, 2015
Colony Realty is sold to John and Julia Head
By IRENE NOLAN
Colony Realty Corp. of Avon, owned by Jack and Leslie Painter, has been sold to John and Julia Head of Frisco.
Heads are currently managing multiple long-term rentals and sell real
estate through their company on Highway 12 in Frisco, Resort
Professionals, Realtors on the Outer Banks.
Colony Realty, which
sold its vacation rental division to Resort Realty last May, has the
largest portfolio of long-term rental housing on Hatteras and also
manages condominium associations.
Julia and John Head said they
have purchased the corporation and the long-term rental portfolio, and
that Julia will work with Leslie Painter "to make the transition as
smooth as possible for the homeowners and tenants."
John Head will continue for now to sell real estate through Resort Professionals.
a statement, Jack and Leslie Goldberg Painter said that they have
"absolute confidence that the new ownership will continue the high
level of service, a Colony hallmark."
Julia Head said that she
and her husband "are proud to continue with the heritage" of Colony
Realty, which was founded 50 years ago by Leslie's uncle, George
Goldberg, as a vacation property development corporation in Avon.
Colony eventually involved into construction, vacation rentals, and property management.
passed to Leslie's father, Ed Goldberg, a well-known Avon realtor and
builder, and then to his son, Jeffrey. The Painters became the
owners in 2000.
In a statement, the Painters expressed their
gratitude to their many friends, acquaintances, vendors, and guests
over the past 15 years and "a whole lot of fun along the way."
couple said they are looking forward to retirement, "for as long as it
lasts." Though their retirement plans are indefinite, they say they
don't plan to leave Hatteras Island.
"We love this island and its resilient people," they said. "We seem to fit in here."
Realty will be located at the Heads' building at 52327 Highway 12 in
Frisco, but the phone number will remain the same, 252-995-5500. The
website will also remain the same, www.hatterasyearround.com.
Julia said Colony is actively seeking additional long-term rental properties. She can be reached by phone or at [email protected].