I catch up with Anthony Buono, Executive Managing Director, Retail Services, the Americas, CBRE, at RECON at which time he describes to me the dynamic changes that retail real estate is going through.
With the addition of multi-channel distribution models through the internet, brick & mortar as well as outlet centers, retail is revolutionizing they way that we have been doing business. Read more
Currently, using the internet to market real estate offerings is limited to accredited investors, but can drive a great deal of traffic to investors who previously may not have been aware of these investing opportunities.
In this video is also some great content regarding client accreditation validation or stated otherwise how to make sure that you are dealing with accredited investors. Can you rely upon the investor to self validate their accreditation or must a platform verify the investor as accredited?
This is only a preview of what will be discussed at the IMN Conference. If you are interested in attending the conference, near the end of the video is a clickable link to the registration page. If you use the discount code "CRE", you qualify for a 10% discount. Read more
I, Howard F. Kline, on behalf of CRE Radio, do hereby challenge, Allan Buchanen, Linda Day Harrison, Duke Long and Barbi Reuter to the ALS Ice Bucket Challenge This challenge includes and requires a minimum $50.00 donation by each person challenged to the ALS Foundation, with the exception of Duke Long, who is required to also donate $1.00 for every "F" bomb that he has published on his blog in 2014 and because he lies about his age. Read more
California's recent laws requiring commercial real estate brokers to disclose, in writing, a dual agency, raises a number of questions:
1. Why was this a requirement of residential brokers and not previously commercial brokers;
2. Why does the new law apply only to purchase and sale agreements and not to leases; and
3. Should a #CRE broker accept a dual agency, disclosed or not? Read more
The use of social media for business is often misunderstood. Too many people, both experienced and not, think of it strictly as an advertising medium; a place where you can hawk your product or service.
Social media is, as it's names explicitly states, social, first. For business, it's primary purpose should be to create presence, branding yourself or your product and ultimately to lead to revenue. But, it is a medium of social interaction; an opportunity to meet people and network. As more people become familiar with you and begin to trust you, opportunities for business follows.
This is a short video of my take on the difference between advertising on social media and marketing on social media. Read more
Linda Day Harrison, the founder of The Broker List spends some heartfelt and genuine time with me discussing the difficulties getting commercial real estate professionals to effectively adopt social media, a term that she is not so pleased with.
Linda believes that most CRE professionals, when they hear the term social media, immediately think that it is not for business. They have been hearing that it is for business for a while, but most just don't get it yet. To be fair, it took a while for me to "get it". Read more
Karl Landreneau, the CCIM 2014 President discusses the top reasons that real estate professionals should not only join CCIM but be involved.
Karl feels that CCIM set him apart from the typical street broker without education or designation. His credibility rose with his designation.
But CCIM is not just about education. You get out of the organization what you put into it. This sounds like a cliche, but it really is true. You can't just join and wait for the benefits to come to you. Read more
As crowdfunding for real estate starts picking up a considerable head of steam, the SEC begins to ponder changes to the accreditation standards. Will the SEC further restrict the standards, broaden them or keep them as they are? Do the standards allow the maximum pool of competent investors or are more safeguards necessary? Read more
Faith is committed and tirelessly supports CREW Networks, ("CREW"), the largest commercial real estate organization in the world, dedicated to the advancement of women in commercial real estate.
According to Faith, CREW is a "business integrated" organization. Every discipline is represented in CREW, including, legal, banking, brokerage. CREW is not just networking, although that is an important element, it helps promote business among its members and to support each other in an otherwise male dominated business.
Faith also gives us an update on luxury retail real estate in New York City and the United States. Read more
Caruso Affiliated, owner of the hugely successful The Grove in Los Angeles attributes much of its success to the "sense of community," and how the center looks.
Brian Colacarro, Vice President of Retail Operations explains that the general managers are on property, before the center opens, making sure that the property looks good and with an emphasis on "guest experience and services." Read more
The Pavonis Group is about channeling talent, experience, skill, knowledge and capital for the purpose of running a profitable business that benefits the commercial real estate industry and funds their charitable interests of its members to help change the lives of orphans. Read more
The law firm of Allen Matkins sponsored CRE Radio at the event, as you might tell form the background. I hadn't scheduled Roger for an interview but he seemed like and interesting chap so I asked him to sit down and talk with me. Being a former practicing lawyer and with the Allen Matkins logo looming over our shoulders, it was natural for us to mention our dealings with Allen Matkins. Read more
Lori Kilberg, CREW Networks 2015 President elect, discusses her top reasons for getting involved in CREW Networks. Read more
Who else is qualified to talk about high quality customer experience than one of the top Disney executives. Al Weiss, former president of worldwide operations for Walt Disney Parks and Resorts. Al has a new gig..... Marilyn Monroe Spas, a high end luxury spa which is looking to expand to retail sites. Read more
We all heard the quote, "Necessity is the mother or invention." According to Patrick Braswell, CEO of Ten Eight, while trying to break his limit of 30 real estate deals a year, he realized that there was no system in place in which he could make his deal making process more efficient. Therefore, he made it himself.