<Back Print CCIM Central Texas E-letter Volume 10 - Issue 4 April 2008 In this issue Congrats New CCIM Designees! 8th Annual Power Lunch 5/8/08 Featured Power Partner Members on the Move Top Producers 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, 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. Congrats New CCIM Designees! No Foreclosure Red Flags Despite Rise in Calls Broker Estate Building 5/8-5/9 San Antonio 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 transactions. The CCIM Central Texas Chapters congratulates the following members for receiving their CCIM Designation on April 10th, 2008 in Newport Beach, California: (Pictured above from Left to Right) Kevin Conrad, CCIM Thomson Property Tax Services 512-691-2416 kevin.conrad@thomson.com J.P. Newman, CCIM Principals Capital Funding LLC 512-692-4195 jp@pcapfund.com
Ben Kogut, CCIM Grubb & Ellis 512-788-5872 ben.kogut@grubb-ellis.com Visser Shidlofsky LLP Havens Construction Patti Bridges, CCIM (in the front) McAllister & Associates 512-472-2100 patti@matexas.com Eric Layne, CCIM (Chapter President) was in attendance to present the new designees with their CCIM pin at the award ceremony. 8th Annual Power Lunch 5/8/08 PlainsCapital Bank For the 8th year, Austin is proud to host the most powerful members of the real estate industry. Join your colleagues and Austin city leaders for a luncheon featuring Admiral Bobby Inman. JTM Development SPEAKERS: Admiral Bobby Inman ~ United States Navy "A Global Insight" Gary Farmer ~ Heritage Title Opportunity Austin 2.0 Brought to you by: NAI Austin Grubb & Ellis Presented by the following commercial real estate organizations: CCIM Central Texas, CREW Austin, RECA, BOMA Austin, CTCAR, CLBA, ABOR, IREM, AAA Click here for flyer that can be printed & faxed/mailed with registration. First National Bank $35 for individual tickets & tables of ten are $450. Parking not included. Click here to register online Featured Power Partner Clayton Levy & Little Architects Brown McCarroll LLP Austin's premier commercial real estate brokerage firm since 1975 has changed its name to NAI Austin. NAI Austin assists buyers, sellers and tenants with their office, industrial and retail land,
Qual-Con GC building and investment property needs through out Central Texas and in 375 metropolitan areas in 55 countries. Click here to visit their website Members on the Move The Flick Report REDNews Quick Links... Our Website Events Calendar About Us Membership Information Tom Pardee, CCIM who most recently oversaw the marketing for Kennedy Wilson's industrial portfolio in Austin, has joined TIG as a senior vice president; he'll lead the firm's industrial division. Tom is also the immediate past president of the Central Texas CCIM Chapter. click here for full article Top Producers Photo Gallery News & Information Power Partner Contact Info Grubb & Ellis Company Congratulates their 2007 Top Producers as follows: Scott Rosales, CCIM Vice President Transaction Services Scott also serves as the chapters President Elect for 2009. Chris Gamel, CCIM Vice President Transaction Services Chris is a chapter Past President as well as the inspiration behind the CCIM Symposium. Ben Kogut, CCIM Associate Vice President Transaction Services Ben serves as co-chair for the chapters special events committee. Visit the Grubb & Ellis Website No Foreclosure Red Flags Despite Rise in Calls DALLAS-Despite a steady and paced increase in commercial foreclosures, a leading market watcher and lender agree that Dallas/Fort Worth is far better
email: admin@ccimtexas.com web: http://chapters.ccim.com/centraltexas phone: 512-828-7455 prepared to weather the capital markets tsunami than most major metros. On average, commercial postings are running 175 per month in five North Texas counties, but it's mostly class B and class C properties. "We have seen a pickup in the past six months relative to the slowdown," George Roddy Sr., president of Foreclosure Listing Service Inc. of Addison, TX, tells GlobeSt.com. "By the same token, there is not a huge amount of primo-type properties on the list. And, I just don't foresee anything like that in this cycle." He says the majority of foreclosure postings are multifamily properties, with retail like convenience stores running a close second. Two years ago, the monthly average was 120 postings in Collin, Dallas, Denton Rockwall and Tarrant counties. Simply put, Roddy says job growth, occupancy rates for all product type and construction constraint have positioned the metroplex to fare better than its US peers. Despite the traumatic reports from Wall Street, Roddy says Dallas/Fort Worth's streets aren't in danger like they were in the mid- to late 1980s because, in part, lenders have done their part to keep the market in check. "For that reason and the vibrancy of our market, I do see more foreclosures [in the months ahead], but I don't think it's going to be anywhere close to what we saw in the mid- 1980s," he stresses. Lance Wright, regional director for Norwalk, CTbased GE Real Estate, says lenders almost always prefer work-outs to force-outs. He says GE's list of delinquencies is practically at an all-time low despite the firestorm sweeping through the capital markets. "I would expect foreclosures to increase due to the lack of liquidity in the market, but I think it's less of a problem here than other places," he says. He acknowledged it's impossible to know how many workouts and off-market sales to preempt foreclosure are tied to the bear trap in today's market--high-leveraged, shortterm floating-rate loans. Article courtesy of GlobeSt.com Click here for entire article Broker Estate Building 5/8-5/9 San Antonio After a 2 year hiatus, the nation's premier real estate education program "Broker Estate Building" has returned for its worldwide adventure in San Antonio, Texas. As Society of Exchange Counselor Members, Phil and Mark are both active real estate investors and developers. For more than three years, they
shared "What They Think and What They Know" with almost 900 "BEB Graduates" from coast to coast. Be prepared for two days of non-stop, hands on adventure of ideas, knowledge and personal experience: Building your estate thru Creative Real Estate Creation of Wealth Formulas Acquisition and Negotiation tactics Group Ownership Strategies & Structures Control Property thru Options Leasehold Interests and the Estate Builder Capital Formation Plans Plus much more Click here for more info & registration info The CCIM Central Texas Chapter is a proud member of the Greater Austin Chamber of Commerce and a Corporate Partner of Opportunity Austin. Email Marketing by This email was sent to amy@aafame.org, by admin@ccimtexas.com Update Profile/Email Address Instant removal with SafeUnsubscribe Privacy Policy. CCIM Central Texas Chapter PO Box 203625 Austin TX 78720-3625