President s Message Carlos Gobel, SRA

Transcription

1 A P P R A I S E R S A P P R I S E R South Florida Chapter Editor: Carolyn Lynn Bodor, SRPA President s Message Carlos Gobel, SRA January 2017 South Florida Chapter It is truly an honor and privilege to serve as president of our beloved chapter for the 2017 calendar year. I ve come to admire all that the Appraisal Institute stands for and tremendously appreciate its goals and mission in furthering the interests of appraisers worldwide as well as those of the appraisal profession in general. I am greatly thankful for the many opportunities the Institute has afforded me personally not only in enhancing my education and knowledge as an appraiser, and in opening doors with regard to business relationships, but for also allowing me to humbly serve our members and give back to the profession that I ve come to love dearly. From my very first assignment nearly fifteen years ago, I have always looked at the profession as a career and not simply a job and I ve been extremely fortunate to have many great mentors along the way, most of whom have been designated members of the Institute. In my many travels for the Institute over the past several years, from LDACs to National Conventions and region meetings to leadership conferences, I ve interacted with countless colleagues and multiple chapters throughout the nation and can tell you, based on firsthand accounts and comparisons, that our chapter, its executive director, and our members are truly exceptional. Our educational programming and administrative organization are second to none and a testament to the tireless work, effort, and dedication of Debbie McClave and Claudia Vance, MAI, and our entire Board of Directors. We are all in very good and capable hands, and have been for a long time. My goals for 2017 are easily stated but not so easily achieved. Simply put, I d like to increase our member roll, improve attendance at chapter meetings and functions, and put on the back burner all of the doom-and-gloom talk I hear from appraisers all too often. There is strength in numbers and I expect us to continue to have one of the strongest chapters nationally and one of the loudest voices when it comes to matters of governance, legislation, and valuation expertise. I have way too much pride in our chapter, our organization, and our profession to simply watch them fade away. I ask for your help in attaining these goals by taking that initial step and attending our first chapter meeting of the year in January. For those who might not know me yet, I m a native Miamian, a graduate of Christopher Columbus High School, an alumnus of Florida International University (Finance and Real Estate) and the University of Florida (MBA), a member of Epiphany Catholic Church, and a lifelong Miami Dolphins fan. I was lucky enough to marry my high school sweetheart, have three wonderful children, and enjoy coaching youth sports. If I m not working, I m at a school function, out on a football field/ baseball diamond/ basketball court, or out in the backyard barbecuing. I have a small firm (GRE Group) based in Miami with five appraisers and we primarily service the Miami-Dade and Broward County real estate markets. The Appraisal Institute has given me much over the years with some of the most wonderful blessings having been the many great friendships forged. I d like to thank Jim Walsh, MAI and the late Michael Cannon, MAI for first nominating me to serve on our board many moons ago as well as all of the chapter presidents and directors I ve had the privilege of working with beginning with Ann Marie McCarthy, MAI through Bob Scherer, MAI. I am humbled and thankful to be able to carry this torch for 2017 and I promise to make a genuine and concerted effort to leave the chapter a little better off twelve months from now, just as Bob (Scherer) did this past year and I know Barbara Johenning, MAI will do in Carlos Gobel, SRA Chapter President, 2017 cgobel@thegregroup.com Chapter Meeting & Installation Friday, January 27, 2017 The Westin, Fort Lauderdale 11:45 am 4:00 pm Economic Engines Driving Broward County in 2017 Moderator: C. Kevin Bokoske, MAI, AI-GRS, AI-RRS CE 3-Hours,

2 Past President s Message Robert Scherer, MAI It s hard to believe that only a year ago I began my role as the President of the S o u t h F l o r i d a Chapter and the term is already expired. We often find it challenging to be able to give back to the profession by volunteering at the Appraisal Institute Chapter or National level. Many hours of time and tough decisions are involved, but I will tell you that I am very happy that I chose the path of getting involved and thank all of you for the opportunity to serve as your President. There are several challenges and changes forthcoming in the coming years with the overall structure of the Appraisal Institute which makes it very important that you get involved and be a part of the ever changing profession and decision making processes. I strongly recommend that you take some time out of your busy schedule and consider giving back to our organization. I thank everyone in our chapter, officers, board members, and Debbie McClave, our Chapter Executive Director, for all of the hard work and dedication over the past year. Without all of you, I wouldn t have been able of taken on this responsibility. I am so grateful to have worked with such an amazing group of dedicated professionals and know that you have a great line-up of volunteers that will be leading you in the upcoming years. Please take time out to recognize all of our 2017 dedicated directors, representatives, and officers. Carlos Gobel, SRA will be your President, Barbara Johenning, MAI will be serving as your Vice President, Michael Cibene, SRA, AI-RRS, takes on the Secretary role, and Kenneth Brown, MAI, SRA will be your Treasurer. Although this is a non-renewal year, keep scheduling your continuing education hours early and don t miss out on all the great meetings, seminars, and classes in the upcoming year. Again, these local offerings provide the bulk of our operating funds and we always appreciate and encourage our local members support. Let s continue to make appraisers and the profession great! Respectfully, Robert Scherer, MAI 2016 Past Chapter President robert.scherer@cbre.com Nominating The selection of a five-member nominating committee will be completed at the Chapter Meeting on January 27, This committee is charged with preparing a slate of nominees for the position of 2018 officers, directors and regional representatives of the South Florida Chapter. Our current president, Carlos Gobel, SRA, will appoint one committee member and the Board of Directors will appoint one committee member. The Chapter designated members, candidates, practicing affiliates and affiliates, will nominate the remaining two members at the Chapter Meeting and Installation on January 27, WE NEED YOU! If you are interested in serving the chapter, please go online and complete the Chapter Leadership Resource Registry. Complete the Chapter Leadership Resource Registry! ut/about-the-appraisal-institute/aivolunteer-opportunities/ Robert Scherer, MAI Chair, 2017 Nominating Committee robert.scherer@cbre.com South Florida Chapter President Carlos Gobel, SRA and National President Jim Amorin, MAI, SRA, AI-GRS Page 2

3 Education A BIG THANK YOU to our members and guests for attending the South Florida Chapter s educational offerings. Along with receiving the best instruction, you are keeping our Chapter viable. Our in-class courses and seminars provide the type of educational environment our members want: being with our peers, sharing ideas and obtaining continuing education hours without testing. Learning for the joy of knowledge! Thank you to Debra McClave, our Executive Director, for the success of Her planning, marketing and implementing skills keep us at the top of the Appraisal Institute chapters. It is never too soon to start accumulating continuing education hours for the 2018 State renewal. Appraisal math: 7 seminars x 3 hours = 21 hours 7-Hour National USPAP update + 3-Hour Florida Appraisal Law 2017 = 10 hours 21 hours + 10 hours = 31 hours and you are done! Please refer to the list of seminars and courses for 2017 in the newsletter presented by the South Florida Chapter to make your selection. More offerings will be added when scheduled. For the first Chapter meeting and installation on January 27, 2017, Kevin Bokoske, MAI will moderate the seminar of the Economic Engines Driving Broward County. The speakers will inform us of the latest happenings in Broward that will affect property values. It is time to get green! Lenders, government officials and property owners want to know the energy saving components of a property and their effect on value. We need to be informed about green buildings to provide the best service to our clients. Sandra Adomatis, SRA will instruct Introduction to Green Buildings: Principles and Concepts on February 24. Sandy is a nationally recognized expert in this evolving field. This seminar is part of the Valuation of Sustainable Buildings Professional Development Program. On March 17, 2017, Leslie Sellers, MAI, SRA, former Appraisal Institute National President, will present Case Studies in Complex Valuation. This seminar moves from basic concepts to multifaceted issues in developing an opinion of value for properties. Residential Applications: Using Technology to Measure and Support Assignment Results will be presented on April 7, 2017 by Sandra Adomatis, SRA. This seminar provides tools to measure and support market findings to arrive at valuation conclusions. Our Chapter will hold an in-class offering of Advanced Market Analysis and Highest and Best Use on May Vincent Dowling, MAI, SRA, will lead the required class for the MAI designation and for anyone desiring to prepare more informative reports. Please encourage other appraisers in your offices to attend the South Florida Chapter courses and seminars. For our Chapter to remain the best, we need members to attend our educational offerings. See you at the January Chapter meeting when Carlos Gobel, SRA, and our Officers and Directors are installed to lead our great South Florida Chapter. Claudia Vance, MAI Chair, 2017 Education Committee vanceval@att.net Important! Check online state approvals prior to registering. My colleagues of the South Florida Chapter It is with a great sense of pride and humility that I announce my candidacy for the office of Vice President of the Appraisal Institute. Most of you know me, having served in chapter leadership since 2008 and as your 2013 Chapter President. Currently I serve you as Chair of Region X, sitting on the National Board of Directors. It has been a privilege being of service to you all and I look forward to the opportunity to be of additional service. If nominated by the National Nominating Committee in 2017, then elected by the Board of Directors, service would begin in 2018 as the Vice President, President Elect in 2019, President of the Appraisal Institute in 2020 and Past President in It is my vision to steer the Appraisal Institute into the future that not only looks to its survival in this changing world, but also to its prosperity. It is my goal to continue to grow the Appraisal Institute brand, its distinctiveness and high level of public trust. It is my hope that, through integrity and excellence, we can further advance the interests of Appraisal Institute professionals. The process is one that I look forward to, and I have been preparing for several months now. In the coming weeks you will be informed of the availability of questionnaires completed by all the candidates, and you will have a chance to view the responses. I encourage you all to have a look and respond to the national office. Your support of my candidacy in the form of a letter, note or to the national office would be greatly appreciated. Thank you all for the opportunities you have given me. Kindest regards, Val K. Chiasson, MAI, SRA Congratulations Greg Becker, MAI Greg recently ran the Marine Corps Marathon in Washington DC and was among the Top 10 fundraisers with over $4,000 raised for disabled veterans. Page 3

4 2017 EDUCATION SCHEDULE January 27 Chapter Meeting & Installation Economic Engines Driving Broward County in 2017, CE 3-Hours The Westin, Fort Lauderdale Moderator: C. Kevin Bokoske, MAI, AI-GRS, AI-RRS February 24 Introduction to Green Buildings: Principles & Concepts Sandra Adomatis, SRA March 17 Case Studies in Complex Valuation Leslie Sellers, MAI, SRA, AI-GRS April 7 AI National Programs April Residential Applications: Using Technology to Measure and Support Assignment Results Demonstration Report-Capstone Program Sandra Adomatis, SRA May 8-12 Advanced Market Analysis and Highest & Best Use Vincent Dowling, MAI, SRA May 19 Chapter Meeting & Elections Another View of the Tough One: Sales Comparison Approach for Mixed-Use Properties, CE 4-Hours Courtyard by Marriott, Fort Lauderdale Vincent Dowling, MAI, SRA July General Appraiser Income Approach, Part 1 Brian Flynn, MAI, AI-GRS August 18 Chapter Meeting Appraising for the Office of Valuation Services (OVS) and Other Federal Agencies, CE 3-Hours Courtyard by Marriott, Fort Lauderdale Michael Brady, MAI, SRA September 15 Staying Out of Trouble Ted Whitmer, MAI, AI-GRS AI National Programs October 4-5 October Hour SRA Demo Alternative Advanced Residential Applications and Case Studies/Part 1 Advanced Residential Report Writing/Part 2 Sandra Adomatis, SRA October Review Theory-General Joe Magdziarz, MAI, SRA, AI-GRS, AI-RRS November 3 Chapter Meeting 2-4 Unit Residential Income Property Appraisals, CE 4-Hours Boca Country Club, Boca Raton Vincent Dowling, MAI, SRA November 9-10 Uniform Appraisal Standards for Federal Land Acquisitions Yellow Book Brian Flynn, MAI, AI-GRS December 1 Business Practices & Ethics Vincent Dowling, MAI, SRA Registration and program details: South Florida Chapter of the Appraisal Institute Page W. Cypress Creek Road, Suite 103, Ft. Lauderdale, FL Phone: sfchap@bellsouth.net Revised Website:

5 Membership Updates New Designated Members Michael Jacobs, MAI, SRA Jose Ruiz, Jr., SRA Jeffrey Pasco, MAI Designated Members Status Change Thomas Barnhart, MAI, SRA Non-Practicing Life Geoffrey Heath, MAI Practicing Life Timothy Holt, MAI Semi-Retired J. Mark Quinlivan, MAI Resigned Pamela Lamb, SRA Practicing Life Designated Members Transferred Tomas Diaz-Molina, MAI from Florida Gulf Coast Melissa Levy, MAI to Florida Gulf Coast James York, MAI to Metropolitan NY Welcome New Candidates for Designation Todd Belcher Candidate, SRA David Dabby, MAI Candidate, AI-GRS Thomas Johnson, MAI, SRA Peter Krumm, SRA Roberta O Malley, MAI, SRA Adrian Pena Candidate, AI-GRS Candidate, AI-RRS Candidate, AI-GRS, AI-RRS Candidate, MAI Candidates for Designation Transferred Karen Fabregat, Candidate, MAI, from Atlanta Joshua Ridpath, Candidate, MAI, to Ohio Welcome New Practicing Affiliate Ricardo Dira, Jr. Chapter Meeting, Installation & Seminar Friday, January 27 The Westin Fort Lauderdale 11:45 am 4:00 pm Economic Engines Driving Broward County in 2017 Moderator: C. Kevin Bokoske, MAI, AI-GRS, AI-RRS CE 3-Hours, New Designated Members August 19 Chapter Meeting Robert Scherer, MAI, 2016 Chapter President with Jay Hertzbach, MAI Robert Scherer, MAI, 2016 Chapter President with Melissa Levy, MAI Robert Scherer, MAI, 2016 Chapter President with Scott Webb, MAI Robert Scherer, MAI, 2016 Chapter President with J. Lynn Carlson, MAI, AI-GRS Robert Scherer, MAI, 2016 Chapter President with Trisha Guarnieri, MAI, AI-GRS Knowledge. Experience. Integrity. The MAI, SRPA, SRA, AI-GRS and AI-RRS designations represent advanced knowledge. They stand for years of proven, real-life real estate valuation experience. And they always mean a commitment to strict professional ethics and standards. Page 5

6 Candidate Guidance Our South Florida Chapter of the Appraisal Institute currently has 63 Candidates for Designation. Approved Appraisal Institute Candidate Advisors are available to Candidates seeking help navigating and demystifying the designation process. Have questions? Need help? Candidates are encouraged to contact Debbie McClave at the Chapter Office at or and/or me (Bob M e s n e r ) a t o r mesner.re@comcast.net. We are here to help you reach your professional real estate appraisal goals. The current breakdown of our 63 Candidates is as follows: 43 seeking the MAI 8 seeking the SRA 8 seeking AI-GRS 4 seeking the AI-RRS Candidates are reminded to ensure you are positioned to meet your annual designation progress requirements. Progress requirements and accomplishments may be reviewed under the Candidate s My Account tab of the Appraisal Institute website within the Candidate Status Report and Candidate Minimum Progress table. If you have not met minimum designation progress, do not risk losing credit for the requirements previously completed. File an extension request with the Appraisal Institute by calling , ing admissions@appraisalinstitute.org, or completing the Candidate for Designation Program Extension Request on the Appraisal Institute website in the AI Resources section under Designation Requirements/Resources. We ask all designated members to encourage any non-designated appraisers you know to contact the Chapter Office or Candidate Guidance Committee, so that we can answer questions about and explain the benefits of Appraisal Institute affiliation and designation. For those Candidates, seeking the MAI, the General Demonstration Report Capstone Program will be offered in Ft. Lauderdale, April 24 30, It will never be more proximate for us. We challenge members who know of nondesignated appraisers in South Florida to get those appraisers involved with the Appraisal Institute. Please feel to call on the Candidate Guidance Committee for help. Twelve designations have been conferred within the South Florida Chapter during 2016, as follows: MAI 6 SRA 3 AI-GRS 2 AI-RRS 1 Through November, the Appraisal Institute awarded 652 designations nationally this calendar year. A summary of the Year-to-Date Designations follows: We welcome and invite your ideas and suggestions. We look forward to working together for the betterment of the South Florida Chapter, as we continue to promote the tradition of the Appraisal Institute. Bob Mesner, MAI, AI-GRS Chair, 2017 Candidate Guidance Committee mesner.re@comcast.net South Florida Chapter AI Candidate and Practicing Affiliate Group Jeffrey Pasco, MAI The comprehensive exam and demonstration report were the two hardest academic challenges that I have faced. The commitment to higher learning and honing of our particular skill sets took time, dedication, and discipline. The MAI designation is recognition showing that I have met a challenge, and as a result have an enhanced breadth of appraisal expertise. It is an honor to have achieved this recognition. Page 6

7 Candidate Guidance Registering for an advanced MAI designation course? Have you completed the Advanced Education Diagnostic Test? If not, register today. You won t be able to register until you pass this exam! Advanced Education Diagnostic Test 2017 Comp Exam Dates April 1-30, 2017 Please aim to submit your Application by February 20, August 1-31, 2017 Please aim to submit your Application by June 20, November 1-30, 2017 Please aim to submit your Application by September 20, Due to the nature and logistics of the exam delivery format, transfers and refunds are NOT permitted. Examinees must take ALL required modules within their chosen 30-day window or they will receive an incomplete on ALL modules in that offering. Comp Exam Eligibility Requirements Attend and pass all required courses/exams Receive credit for the college degree requirement Meet the Ethics and Standards requirements for Candidates (this requirement consists of both Business Practices and Ethics and USPAP/IVS) Please note: All required examinations must be taken at least six weeks prior to your Comp Exam test date to allow time for grading. Comp Exam Guidelines and Resources Comp Exam FAQs The FAQs contain a list of the most commonly asked questions from Candidates about all Appraisal Institute Comprehensive Examinations for the following AI Designations: MAI, AI-GRS, and AI-RRS. We highly recommend all Candidates read these FAQs. Comp Exam Guidebook This guidebook includes comprehensive information about your Comp Exam, such as eligibility requirements, specific topics covered in each module, as well as r e g i s t r a t i o n a n d t e s t - t a k i n g guidelines. Candidates must read the Guidebook before submitting an application. Submit your Comp Exam Application. Questions? comp@appraisalinstitute.org or (312) Capstone (General Demonstration of Knowledge requirement option) There is a new Capstone page online, which makes it simpler to see schedules, registration deadlines, etc. (Save$50 Capstone registration discount code is Capstone2017. Candidates you must have passed Advanced Market Analysis & Highest and Best Use and completed the General Demonstration Report Writing Seminar within the past five years in order to be eligible to register for the Capstone. Capstone is only one of several general Demonstration of Knowledge options, so Candidates should feel free to choose whichever demo option suits them best. Location Dates Registration Deadline Synchronous Feb 20-26, 2017 Sold Out Chicago, IL Apr 24-30, 2017 Feb 16, 2017 Ft. Lauderdale, FL Apr 24-30, 2017 Feb 16, 2017 St. Paul, MN Jul 10-16, 2017 May 4, 2017 Synchronous Jul 10-16, 2017 May 4, 2017 Washington, DC Sep 11-17, 2017 Jul 6, 2017 Portland, OR Sep 11-17, 2017 Jul 6, 2017 San Antonio, TX Nov 6-12, 2017 Aug 31, 2017 Synchronous Nov 6-12, 2017 Aug 31, 2017 CAPSTONE FORT LAUDERDALE 2017 April 24-30, 2017 Location: Ft Lauderdale, FL Click here for location details Sponsor: Appraisal Institute Contact: National Programs, SAVE $50 use discount code Capstone2017 Page 7

8 Government Relations Attack on MAI Designation Thwarted in the Recent Election Thanks to coordinated efforts between our local board and national staff the South Florida Chapter was able to help defeat a proposed charter amendment in the City of Dania Beach that would have eliminated the need for MAI appraisers to value public lands in that city. To recap, Dania Beach set forth ten proposed charter amendments on the November ballot for Dania Beach voters to consider. Charter Amendment 8 called for the removal of a requirement that the appraisal of surplus land in the City be appraised only by appraisers who hold an MAI designation. The origination and intent of this charter amendment is not entirely known but suffice it to say small town politics may have played a role. A grass roots movement led by our local chapter and supplemented by National was very effective in thwarting this proposed amendment. The movement included the mobilization of poll workers and dissemination of information to help educate voters. Thanks to the work by many, Amendment 8 was one of only two of ten amendments to be voted down by voters, along with the repeal of term limits. Our lobbyist noted that early voting and absentee voting numbers reflected that Amendment 8 was actually passing until the day of the election but through the collective efforts of our team we were able to get the message out on election day and help defeat this misguided charter amendment. Without fast action by our local board and others this particular charter amendment would have likely passed and provided a baseline to other municipalities and government agencies who may have followed suit. Thanks to the many who assisted with this endeavor. Thank you as well for the opportunity to serve you. Warmest Regards, Walter Duke, MAI Chair, 2017 Government Relations Committee Walter@walterdukeandpartners.com Florida Real Estate Appraisal Board Listed below is the schedule of meetings, (subject to change as circumstances require), held by the Florida Real Estate Appraisal Board (FREAB). All meetings are held at the Division of Real Estate Commission Chambers in Orlando unless stated otherwise. The Florida Real Estate Appraisal Board invites and encourages all members of the public to provide comment on matters or propositions before the Board or a committee of the Board. The opportunity to provide comment shall be subject to Rule 61J , Florida Administrative Code: Interested individuals/parties may submit a written notice to the attention of FREAB PUBLIC COMMENTS via the following ways: realpublicrecords@myfloridalicense.com Mail: Division of Real Estate, 400 W. Robinson Street, Suite N801, Orlando, Florida Fax: The Division of Real Estate is now able to live stream the meetings. Please note the following: The streaming is not recorded and it has limited space at this time. If you are unable to access the meeting, please try again later as access may become available during the day General Meetings Monday, February 13, 2017 Thursday, April 6, 2017 Monday, June 5, 2017 Monday, August 7, 2017 Monday, October 2, 2017 Monday, December 4, 2017 Chapter Meeting August 19 Page 8

9 2017 South Florida Chapter Leaders President Vice President Secretary Treasurer Directors Directors Directors Carlos Gobel, SRA Barbara Johenning, MAI Michael Cibene, SRA, AI-RRS Kenneth Brown, MAI, SRA Virginia Guido, SRA Mendel Westberry, MAI Robert Scherer, MAI - Past President Charles Badell, MAI Brian Flynn, MAI, AI-GRS Robert Mesner, MAI, AI-GRS Julie Friess, SRA Luke Mittner, MAI Lee Smalley, MAI 1500 W. Cypress Creek Road Suite 103 Fort Lauderdale, FL Phone: sfchap@bellsouth.net Website: Committee Chairs Region X Representatives Region X Representatives Region X Alternate Representatives 2017 Albert Armada, MAI, SRA Michael Cibene, SRA, AI-RRS Barbara Johenning, MAI Carlos Gobel, SRA Chapter President Enrique Henry Casado, MAI, SRA, AI-GRS, AI-RRS Julie Friess, SRA Robert Mesner, MAI, AI-GRS Gregory Becker, MAI Carolyn Lynn Bodor, SRPA Kenneth Brown, MAI, SRA Carlos Diez, MAI Robert Gore, SRA Virginia Guido, SRA Trisha Guarnieri, MAI, AI-GRS Michael Jacobs, MAI, SRA James Milliken, MAI Claudia Vance, MAI By-Laws Candidate Guidance Education Finance Government Relations Newsletter Nominating Public Relations University Relations Charles Badell, MAI Robert Mesner, MAI, AI-GRS Claudia Vance, MAI Kenneth Brown, MAI, SRA Walter Duke, III, MAI Carolyn Lynn Bodor, SRPA Robert Scherer, MAI Alta Ali Rogers Lee Smalley, MAI National Committee Members from the South Florida Chapter Enrique Henry Casado, MAI, SRA, AI-GRS, AI-RRS Professional Standards and Guidance Committee, Member (2017) Val Chiasson, MAI, SRA Region X Chair (One of the Directors) (2018) & Audit Committee Member (2017) Audit Committee, Designated Member (2017) Charles Tom Cowart, MAI Strategic Planning Committee, Chair (2017) Julie Friess, SRA Appraisal Journal Editorial Board (2018) Ann Marie McCarthy, MAI Nominating Committee, Member, Region X (2017) Page 9

10 Chapter Meeting, Installation & Seminar Fees $115 AI Price and Full Price* *Fee Includes Plated Lunch 3-Hour Seminar Location The Westin 400 Corporate Drive Ft. Lauderdale, FL Register Early & Save Fees increase $10 after January 20, 2017 Want to attend lunch and skip the seminar? Fee for lunch & Chapter meeting only does not include seminar $60. Register Schedule Registration: 11:45 am Lunch, Chapter Meeting & Seminar Noon 4:00 pm CE Credit Appraisal Institute: 15 Points FREAB: 3-Hours, Complimentary self parking Economic Engines Driving Broward County in 2017 Moderator: C. Kevin Bokoske, MAI, AI-GRS, AI-RRS Friday, January 27, 2017 All politics is local was a famous quote from the late Thomas Tip O Neill, Speaker of the House of Representatives from 1977 to Like politics, All real estate is local. The forces that constitute the major drivers of the local Broward County economy in general and the real estate market in particular, will be examined in this education session as we look at some of the primary economic engines that drive the economy of Broward County and the surrounding area. Real estate markets may be studied in terms of their geographic, competitive, and supply-and -demand characteristics, all of which relate to real estate market conditions. This seminar will allow direct exposure to the actions of several marketplace participants who are shakers and movers in the Broward County real estate market. Steve Wiesner, Assistant Aviation Director at the Broward County Aviation Department, will give an overview of activities at Fort Lauderdale-Hollywood International Airport including recent completion of the runway relocation and the bridge over Federal Highway, passenger and cargo activity, jobs generated by the airport and new terminal and concessions. Chris Wren, Chair of the Downtown Development Authority, will speak about the new Broward County bird, the construction crane, the loop, and discuss the influx of workers and residents in the CBD. Jay Windsor, CPM, Property Manager at Broward County s Port Everglades, will provide a glimpse of the passenger and cargo operations at Port Everglades, traffic in and out of the Port, real estate activity at the Port and jobs created by Port activity. Alexandra Sandy Londono, MAI, Vice President of Sabadell United Bank, will present a snapshot of the latest trends in CRE financing for South Florida. Paul Marko, President of Stiles Realty, will discuss office trends in Broward County, including rental rates, operating expenses, absorption, construction costs, parking and technology demands, and other occupancy trends in how office tenants use office space today W. Cypress Creek Road Suite 103 Fort Lauderdale, FL Phone: sfchap@bellsouth.net Website: Directions to The Westin: Register: FOR A LISTING OF EDUCATIONAL OFFERINGS SPONSORED BY THE SOUTH FLORIDA CHAPTER VISIT OUR Page 10