Industrial
NAI Update from IMN (Chicago)
Oct 12th
NAI Global’s membership were represented by Executive Vice President, Rhyne Brown and Senior Vice President, Tim Buss of the NAI Global Special Asset Solutions team at the Information Management Network (IMN) meeting in Chicago on October 9 – 10. The event – Bank & Financial Institutions Special Assets – Executive Conference on Real Estate Workouts was attended by over 350 real estate professionals representing Banks, Federal Agencies, Attorneys, Special Servicers and industry service providers. Tim Buss moderated a panel discussion on current macroeconomic issues affecting commercial real estate. In addition to NAI Global a strong contingent from NAI Farbman attended, including Andy Farbman, Todd Szymcak, and Michael Kalil. The general feeling of the attendees is we are about half way through the repositioning of the severely distressed commercial real estate cycle in the United States. Most see 2013 as a year of slow economic recovery with a wary eye on Europe and increased federal regulations taking effect resulting from new regulations stemming from the Dodd-Frank amendments. Special recognition and appreciation is extended to NAI Farbman for hosting a dinner for over twenty attendees, including five members of the C-III Asset Services group based in their Chicago office as well as attendees from Wells Fargo, US Bank and others. Rhyne, Tim and the NAI Special Assets Solution Group see ongoing opportunities for the network in 2013 to help the United States in its economic recovery.
NAI Attends IMN Chicago Oct 9 - Oct 10
NAI Global Expands Into the Northeastern Caribbean with NAI Puerto Rico
Oct 11th
NAI Global, the premier managed network of commercial real estate firms and one of the largest real estate services providers worldwide, announces its expansion of coverage into the Commonwealth of Puerto Rico, with the addition of NAI Puerto Rico.
Headquartered in San Juan, NAI Puerto Rico is a full-service commercial firm offering a complete range of real estate services including tenant representation, marketing research, location consulting, project management, lease renewals/restructures and acquisitions/dispositions
NAI Puerto Rico was founded by Hector J. Aponte SIOR, an industry veteran with over 15 years of experience in the commercial real estate industry. Hector has completed a wide array of major real estate transactions in Puerto Rico, for private and government clients such as Bayer, Sanofi, Publicis, ConAgra Foods, WPP, CSA Group, Marsh & McLennan, Starbucks Coffee, U.S. Army, IRS, and the EPA.
“By joining NAI, we are expanding our capabilities and resources to many international markets; this will definitely boost our services and will keep us on top,” said NAI Business Director, Mr. Hector J. Aponte. “NAI gives us new technology, tools, shared resources, marketing, and access to over 350 offices worldwide, which will enable us to develop new opportunities for clients looking for extensive representation or international resources.”
“This is a key market for us, especially for our corporate and investor clients seeking to take advantage of the commonwealth’s attractive tax policies,” said NAI Global President, Jeffrey Finn. “With Hector and his team at NAI Puerto Rico, we now have some of the best real estate experts in that region to serve our clients. I am excited about our new partnership and look forward to working together in the coming months and years.”
NAI Global is among the largest commercial real estate services organizations in the world, comprising 5,000+ professionals in 55 countries in more than 350 offices. NAI advisors such as NAI Puerto Rico work in tandem with its global management team to ensure clients strategically optimize their real estate assets. NAI offices complete over $45 billion in combined transactions annually and manage over 300 million square feet of commercial space.
NAI Puerto Rico is located at Ponce de Leon Avenue #1072, San Juan 00928
About NAI Global
NAI Global’s extensive services include corporate real estate services, brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain consulting and related advisory services. To learn more, visit www.naiglobal.com. Follow us on Twitter (@NAIGlobal) and Facebook.
NAI Global Expands Into the Greater Calgary Area with NAI Advent
Oct 11th
NAI Global, the premier managed network of commercial real estate firms and one of the largest real estate services providers worldwide, announced today its expansion of coverage into the Calgary province of Alberta, Canada, with the addition of NAI Advent.
Headquartered in Calgary, NAI Advent is a full-service commercial firm offering a complete range of real estate services including buying and selling, leasing, development, group investment and property management services. NAI Advent was co-founded by Garry Bobke, Sid Smith and Luke Stiles, all industry veterans with extensive experience in the commercial real estate industry.
“NAI Global is a tremendous commercial real estate organization with a global platform that will allow us to broaden our services and enhance our ability to provide world-class service to our clients,” said NAI Advent Business Director, Sid Smith CCIM. “We are excited about our affiliation with NAI and the opportunity it provides to partner with other firms to enhance our client services regionally and globally.”
“We are proud to have Sid and his team embrace and build the NAI brand across the Greater Calgary Area,” said NAI Global Executive Vice President, David Blanchard. “Our business continues its upward trajectory. Calgary is a critical Canadian market for us. We are excited and confident that NAI Advent’s extensive local knowledge, relationships, commitment quality and results will greatly benefit our corporate and investor clientele.”
NAI Global is among the largest commercial real estate services organizations in the world, comprising 5,000+ professionals in 55 countries in more than 350 offices. NAI advisors such as NAI Advent work in tandem with its global management team to ensure clients strategically optimize their real estate assets. NAI offices complete over $45 billion in combined transactions annually and manage over 300 million square feet of commercial space.
NAI Advent is located at 833 34th Avenue SE Calgary, Alberta T2G 4Y9 Canada
About NAI Global
NAI Global’s extensive services include corporate real estate services, brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain consulting and related advisory services. To learn more, visit www.naiglobal.com. Follow us on Twitter (@NAIGlobal) and Facebook.
NAI Global Expands to the Minneapolis-St. Paul Metro Area with NAI Everest
Oct 11th
NAI Global, the premier managed network of commercial real estate firms and one of the largest real estate services providers worldwide, is expanding its coverage into the Minneapolis-St. Paul Metro Area with the addition of NAI Everest.
Headquartered in Minneapolis, NAI Everest is a full-service commercial real estate brokerage firm providing office, industrial, multifamily and retail brokerage, consulting services, corporate solutions, property management and receivership services throughout the Twin Cities Metro Area. NAI Everest was founded by Gina Dingman, an industry veteran with extensive experience in the commercial real estate industry.
“NAI Global is a tremendous commercial real estate organization with a global platform that will allow us to broaden our services and enhance our ability to provide world-class service to our clients,” said NAI Everest President, Gina Dingman, CCIM. “We are excited about our affiliation with NAI and the opportunity it provides to partner with other firms to enhance our client services regionally and globally.”
“We are proud to have Gina and her team embrace and build the NAI brand all across the Minneapolis-St. Paul Metro Area,” said NAI Global Executive Vice President, David Blanchard. “Our business is expanding! The Twin Cities market is a critical Midwest market for us. We are confident that NAI Everest’s extensive local knowledge, relationships, commitment quality and results will greatly benefit our corporate and investor clientele.”
NAI Global is among the largest commercial real estate services organizations in the world, comprising 5,000+ professionals in 55 countries in more than 350 offices. NAI advisors such as NAI Everest work in tandem with its global management team to ensure clients strategically optimize their real estate assets. NAI offices complete over $45 billion in combined transactions annually and manage over 300 million square feet of commercial space.
NAI Everest is located at 520 Nicollet Mall, Suite 510, and Minneapolis, Minnesota 55402
Unprecedented Global Government Intervention
Aug 6th
In his latest white paper, “Unprecedented Global Government Intervention,” NAI Global Chief Economist, Dr. Peter Linneman, discusses the dangers and pitfalls of an extraordinary wave of global government intervention taking place in capital markets. Citing historical examples, he demonstrates intervention only prolongs periods of stagnation and uncertainty. “In all, government activity is now deterring the very investment it was hoping to spur.”
As we enter the third quarter of 2012, we are seeing the pattern of unprecedented government intervention continue. Governments around the world are using the powerful tools at their disposal; spending, regulations, fiscal policy, and taxes to interfere with the free market in hope of sparking economic recovery. The result is that instead of recovery, we are experiencing further distress as the Euro crisis intensifies and even Brazil and China’s economies slow.
