CCIM Central Texas E-letter

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1 <Back Print CCIM Central Texas E-letter Volume 9 - Issue 2 May 2007 In this issue President's Letter Commissioner Decreases Rate by 3.2% Lenders Boat Trip 5/17/07 STDB Workshop 6/27/07 (two sessions) Sales Price Disclosure Member News Needed! Members On the Move Upcoming Events Success Series 2007 IREM/CCIM Conference April CI-Intro Course Chris Gamel, CCIM Accepts Presidents Plaque Power Partners The Power Partners listed below assist the Chapter in providing premier educational & networking opportunities for commercial real estate professionals. Please consider using their services when conducting real estate The Central Texas CCIM Chapter offers top quality commercial educational courses, the latest technological training, numerous timely and relevant business programs and frequent networking activities and social events, thereby further enhancing and promoting recognition of the CCIM designation as THE STANDARD for professionalism among the general public and the members of the real estate industry. President's Letter State of the Central Texas Chapter - Full Speed Ahead! By Tom Pardee, CCIM 2007 Central Texas Chapter President The CCIM Central Texas Chapter, like the Austin economy is firing on all cylinders in 2007! In January, we had Glyn Meek, featured speaker at the World Congress Technology who forecast commodity prices, future technologies, and solved the DaVinci Code. This sold out program was informative and entertaining. In February, we hosted another sell-out class, CI 101, at the Austin Board of Realtors facility. We also had a social for the students at North by Northwest. The social was attended by over 80 students and provided an opportunity for the students to greet each other and learn more about our wonderful city. Also in February, we hosted our first CCIM Central Texas Symposium, Downtown Austin - revitalized relived etc. The symposium was a resounding success and was attended by a sell-out crowd of

2 transactions. First National Bank Alamo Title SpawMaxwell Brown McCarroll LLP PlainsCapital IPX 1031 over 200 people. The Symposium, moderated by Dr. Mark Dotzour, featured Mayor Will Wynn and a panel of speakers including, It provided an excellent venue to learn about the exciting changes occurring downtown from the policy makers and professionals making it happen. I would like to thank the Symposium Committee; Amy Ables, Heather Cooke, and Chris Gamel, for their contribution to the success of the Symposium. And our March program, Investing in The Future: Diversifying the Permanent School Fund, featuring Commissioner Jerry Patterson, General Land Office who discussed the new direction of the Land Office. And in April we had the CI Intro course April 19th and 20th at the Austin Board of Realtors. This course also sold out! May promises to kick off spring on May 17th in typical CCIM fashion with our Lender's Boat Trip on Lake Austin. This "3 hour tour" on Lake Austin should be a networking extravaganza with a fajita buffet and complimentary margaritas. This event always provides a relaxing atmosphere conducive to deal making. I would encourage you to take advantage of the programs and educational opportunities available through The CCIM Central Texas Chapter. We strive to provide the best education and programs in Central Texas. Every CCIM has to pass a challenging curriculum and demonstrate a transaction level in accordance with the Institute's standards. CCIM's know how to get deals done. Please join us for one of these networking opportunities and we are sure you will be back. For more information, please check out our website at Stay tuned for more exciting events to come. Commissioner Decreases Rate by 3.2% JTM Development Noble Capital Grubb & Ellis The Commissioner of Insurance adopted the official order of the 2004 Title Insurance Biennial Rate Hearing on December 12, As reported in the September 1 Regulatory Update, the TDI Staff filed a brief with the Commissioner suggesting a variety of possible alternative schemes for establishing title insurance rates. These alternatives were a surprise to TLTA and other parties in the rate hearing, as none were supported by testimony on the record before the Commissioner. The order does not include any alternative rate proposals; however, the Commissioner strongly encourages the industry to consider looking at alternative methodologies for determining premium rates, premium splits between agents and premium splits

3 The Flick Report The Red News between agents and underwriters, specifically in rural areas. The Commissioner intends to consider these matters in a separate hearing to be scheduled at a later date. Quick Links... Our Website Events Calendar About Us Membership Information Article submitted by Stacy Northcutt of Alamo Title Alamo Title Company of Austin has eight different locations serving, Travis,Williamson, Hays and Bastrop counties with approximately 100 employees. We have the ability to manage title services throughout Texas from our central location here in Austin. In 2006 Alamo Title Company closed over 8,000 real estate transactions, insuring over $1.7 billion. Click here for full article Lenders Boat Trip 5/17/07 This is an opportunity for brokers to meet the top lenders in Central Texas in a fun and casual atmosphere. Historically the event has facilitated the closing of millions of dollars in commercial transactions. Come learn about each lender's benefits and competitive edge to help YOU! close more transactions. What type of Loans will be offered? We have 12 lenders who have many different loan types and specilities that will meet your needs! Click here for more info & to register STDB Workshop 6/27/07 (two sessions) The chapter will host two 3 hour workshops to review the tremendous new benefits of the Site To Do Business online tools. The workshop does not require a computer. Attendees will receive a highly focused overview of the new STDBonline that not only shows how to operate the software but how to apply it to analyzing commercial real estate. This workshop is for Designees & Candidates (members of the CCIM Institute) only who have access to the STDBonline system. Click here to register for the morning workshop from 9:00-12:00 Click here to register for the afternoon workshop from 1:00-4:00 Cost will be $35 for chapter members and $45 for non chapter members. Morning session includes

4 breakfast tacos and pastries and the afternoon workshop will include box lunch and drinks. MCE pending Sales Price Disclosure The CCIM Central Texas Chapter opposes all legislative efforts to require the disclosure of salesprice information. Requiring sales-price disclosure will do nothing to ensure a more fair and balanced appraisal process. Make your voice heard! Contact your incumbent and tell them you oppose the disclosure of sales price! It will greatly affect the commercial industry. Visit the Texas Association of Realtors for more info Member News Needed! We are in need of member to member news & transactions to highlight in our monthly newsletter distributed to over 1,000 contacts and to post to our website. We will award those who submit their news with a free luncheon to our next monthly event. Can't beat that! Click here to submit news Members On the Move LyLy Fisher of Fisher & Co Real Estate is pleased to announce that she was awarded with the prestigious award of "Top 10 Volume Listing Agents of the Market Center" Donna Ripley, CCIM is now with Grubb & Ellis and can be reached at ellis.com Barbara Hobson has accepted a position in Commercial Real Estate Lending with SNB Bank of Austin Charlie Avant is pleased to announce that First State Bank of Bremond has changed its name to First Star Bank, SSB. Grubb & Ellis Company congratulates their 2006 Top Producers: A. Scott Rosales (Candidate), Larry Eisesnberg (Candidate) and Charles Aycock web: phone: Noble Capital, an Austin-based commercial real estate financier and developer, announced today Marc Rankin as Director of Business Development and Kirk Slack, CCIM, as Director of Capital Management. Michele Gary has joined The Weitzman Group as Vice President of Brokerage and

5 Leasing. Before joining Weitzman Michele represented the leasing of more that 20 shopping centers in the Austin area and was proudly named by Co-Star as one of Austin's Top 10 Retail Power Brokers. Upcoming Events 6/19/07 - Resume Portfolio Workshop (for CCIM Candidates) 6/21 & 6/22 - Intro to Commercial Real Estate Investment at Williamson County Association of Realtors, Round Rock 6/27 - STDB Workshops (morning & afternoon) 6/28 - CCIM Monthly Luncheon featuring Gary Farmer of Heritage Title who will discuss the Transportation Iniative by the Greater Austin Chamber of Commerce Success Series 2007 IREM/CCIM Conference October San Antonio, Texas The encore event to the hugely-popular Success Series 2006! Success Series 2007 is the only education conference designed to give real estate management professionals and commercial brokers the opportunity to network, share best practices and learn from each other. Benefit from 30 sessions on today's most popular topics: negotiation financial analysis technology residential site management capital markets foreign investment in the U.S. tenant retention personal development, and more! Click here for flyer and registration info April CI-Intro Course Our April CI-Intro course held at the Austin Board of Realtors was a sold out show! Our intructor, Mark Cypert CCIM, received nothing but rave reviews. If you missed this class you can still register for the next course to be held in Round Rock on June 21st and June 22nd. Click here for photo's from the class Chris Gamel, CCIM Accepts Presidents Plaque Special plaque

6 awarded to our 2006 President Chris Gamel, CCIM of Grubb & Ellis (pictured on the right). Chris was instrumental in helping with the chapter to achieve many accomplishments including 10% growth in membership and assisting with securing a new course delivery method including our new venue at Austin Board of Realtors. Thanks Chris - and thanks for staying involved! 2006 Chapter Accomplishments The CCIM Central Texas Chapter is a proud member of the Greater Austin Chamber of Commerce and a Corporate Partner of Opportunity Austin. Marketing by This was sent to by Update Profile/ Address Instant removal with SafeUnsubscribe Privacy Policy. CCIM Central Texas Chapter PO Box Austin TX

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