SIOR Weekly
CRE News
Bisnow Overseas investors in commercial real estate aren't shying away from acquiring assets in the United States, according to a new survey by the National Association of Realtors.
RE Journals In a recent white paper, Newmark Knight Frank (NKF) explored some common myths about CRE. The paper probed every asset class, looking into the broadly accepted ideas about real estate that are often (mistakenly) taken as gospel.
National Real Estate Investor Investors are increasingly viewing MOB assets as more than just alternatives to core real estate sectors.
GlobeSt. Developers now have to deal with rising construction costs, and it’s not clear whether this will eventually begin to moderate the pace of new projects in today’s robust environment.
Ductilcrete Technoligies, LLC
SIOR Happenings

DEAL WATCH: Blackstone Group buys two small hotels
Las Vegas Review Journal – June 25, 2018
SIOR members; Dean Willmore, Dan Doherty, Paul Sweetland, Mike De Lew, Greg Pancirov, Susan Borst, Chris Lane and Kevin Higgins were mentioned as representatives in Las Vegas sales and leases.

DBM Ventures buys Scottsdale land for $9M office development
AZ Big Media – June 26, 2018
Reported that SIOR member Jim Keeley is working on a partnership by purchasing 2.79 acres with plans to develop a $9 million office building in the upcoming year.

DCG Partners complete two-building disposition in Reno's Airport Supermarket
Nevada Business – June 28, 2018
SIOR member Scott Shanks represented the seller of a recent closing of two adjacent office buildings in Reno, Nevada.

CBRE promotes Thomas Monahan to vice chairman
American Journal of Transportation – June 29, 2018
Reported that Thomas Monahan was promoted to Vice Chairman of CBRE, the highest rank for CBRE professionals. Monahan has been recognized multiple times by SIOR.

PREMIER Design + Build breaks ground on 678,858 SF Downers Grove project
RE Journals – June 29, 2018
Reported that PREMIER Design + Build Group LLC and Bridge Development Partners LLC broke ground on a three-building industrial development, where SIOR members Jason West and Sean Henrick are directors.

Middle Market Digest: This week in the South and Mountain regions
GlobeSt. – June 29, 2018
Reported on the SIOR CRE Index and announced that the commercial markets are poised to continue with positive results through the year.

Red Report: July 2018
Nevada Business – July 1, 2018
SIOR members Kevin Higgins, Dean Willmore and Melissa Molyneaux represented sellers in multiple deals in Nevada.

Breaking barriers: Exceeding expectations
Nevada Business – July 1, 2018
Reported that there is an elite group of real estate professionals called the Certified Commercial Investment Members (CCIMs) in Nevada and stated the chapter has alliances with SIOR.

What area do you think Nevada could improve?
Nevada Business – July 1, 2018
SIOR member Soozi Jones Walker was quoted as saying, “Nevada needs to look at their fees and tax situation. We market our cooperative business atmosphere when in reality it appears our existing and new companies are charged fees and taxed from many sources, old and new, and those fees keep going up.”

Property industry must embrace new technology and emerging markets to elicit 'talent tsunami'
Commercial News Media – July 2, 2018
Reported that the SIOR International European Conference in Warsaw was filled with delegates, speakers and panelists that discussed the industry’s main topics.  

3 reasons why developers should form partnerships with local municipalities As absorption rates in some markets begin to slow, multifamily housing demand grows, and new construction stalls, developers are turning to local municipalities to form strategic public-private partnerships.
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Upcoming Events

Join SIOR in the Mile High City, Denver, Colorado, Oct. 11-13 for the commercial real estate event of the fall – the 2018 SIOR Fall World Conference. A robust program of educational sessions and not-to-be-missed networking events is being planned, and you will not want to miss the conference.

Click here for complete details and to register now!

 

SIOR Indiana | Kentucky Recruit Boat Cruise
When: July 12 from 1:30 p.m. to 4:30 p.m. (ET)
Where: White River Yacht Club, 7108 Fitch Ave., Indianapolis, IN 46240

Middle and East Tennessee SIOR Work & Play Day
When: July 18 from 10 a.m. to 5:30 p.m. (CT)
Where: Nashville Gun Club, 1100 County Hospital Rd., Nashville, TN 37218

SIOR Philadelphia Chapter Annual Meeting
When: July 18 from 11 a.m. to 1 p.m. (ET)
Where: Seasons 52 Restaurant, 160 N Gulph Rd., #101, King of Prussia, PA 19406

SIOR Minnesota Chapter - DT Office Crawl
When: Aug. 1 from 3 p.m. to 6 p.m. (CT)

2018 SIOR Great Lakes Regional Networking Event
Starts: Aug. 21 at 11:30 a.m. (ET)
Ends: Aug. 22 at 11:30 a.m. (ET)
Where: Omni-Louisville, Kentucky, 200 W. Liberty St., Louisville, KY 40202

Bright Ideas

Entrepreneur According to a recent study, 87 percent of women in commercial real estate say equal pay is their largest obstacle.
Fast Company As more companies realize the demand for work-life balance and inclusion, social workers are positioned to help companies stay competitive.
Forbes Real Estate Council While technology will continue to expand and help us in the real estate industry, it can never replace the boots on the ground that provide nuanced regional knowledge and skill in negotiating in a very emotional environment.