NAI Commercial has invested considerably to ensure optimal visibility for the company and its local, national and international clients. The conference is an excellent platform to meet with brokers and retailers present throughout the event, to gain insight on new or existing real estate projects, and to promote business growth and development.

Launch Presentation

Join NAI Chief Economist Dr. Peter Linneman for an insightful discussion on these topics and more.

Global Economic Outlook with Dr. Peter Linneman Web Conference
Date: April 19, 2012
Time: 1:00 PM Eastern / 10:00 AM Pacific

Click Here to Register

1. Frank Gibson – Edmonton
2. Paul-Eric Poitras – Montreal
3. Jeff Thomas – Toronto
4. Craig Smith – Toronto
5. Michael Scace – Toronto
6. Paul Mehlsen – Regina
7. Laurier Tremblay – Montreal
8. Fraser McKay – Toronto
9. Daniel Coulombe – Montreal
10. Yvan Heroux – Montreal

Congratulations to each of you. You make us proud!

C-III is a leading commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management. C-III is led by CEO Andrew L. Farkas, who founded and was Chairman and CEO of Insignia Financial Group, Inc. (NYSE:IFS). Its principal place of business is located in Irving, TX, and it has additional offices in New York, New York; Greenville, South Carolina; McLean, Virginia; Chicago, Illinois; Dallas, Texas and Nashville, Tennessee.

NAI Global will continue to operate as a separate company under its current management. C-III will accelerate NAI Global’s growth by exploring business development opportunities in strategic locations, including New York, London, Singapore and other primary global business centers. It will also invest in the growth of the corporate solutions and capital markets offering, expanding asset/property management, project/facilities management and valuation services worldwide.

“The completion of this transaction represents a significant step forward in our strategy to build a fully diversified commercial real estate services company,” said Mr. Farkas. “With the NAI Global acquisition, we are gaining the world’s leading commercial real estate network and a tremendous foundation for future growth. As we begin a new year, we look forward to partnering with the NAI team to provide enhanced services to the commercial and institutional real estate markets they serve as well as continuing to take advantage of other opportunities to grow and expand our platform.”

“We are thrilled to be joining forces with C-III and excited about the opportunity to deliver an even broader range of services to our members and add greater value to our collective corporate and investment clients. We look forward to tapping into their extensive resources and expertise to assist all of our clients in strategically optimizing their commercial real estate assets,” said Jeffrey M. Finn, President and CEO of NAI Global.

“This new partnership provides a platform that no other firm can claim” said Greg McPhie, Managing Partner in Vancouver. “That is local control backed by institutional power and a vision to become the top commercial real estate services company in the world.”

Founded in 1977 by Gerald Finn, NAI Global has grown from covering 15 countries in 1999 to offering a full, collaborative platform of services to clients in over 350 offices in 55 countries, with over 300 million square feet of commercial space under management.

C-III commenced operations with the purchase of Centerline Capital Group’s institutional real estate debt fund management and commercial mortgage loan servicing businesses in March 2010. Since that time, C-III has successfully launched mortgage origination, investment sales and title insurance businesses, and expanded its principal investment, loan origination, fund management and primary and special loan servicing businesses, including acquiring the special servicing and CDO management businesses of JER Partners in August 2011.

Financial terms of the NAI Global acquisition were not disclosed.

NAI Global (www.naiglobal.com) is the largest network of independent commercial real estate firms worldwide, comprised of over 5,000 professionals in 55 countries with more than 350 offices. NAI advisors work in tandem with our global management team to ensure our clients strategically optimize their real estate assets. NAI offices complete over $45 billion in combined transactions annually and manage 300+ million square feet of commercial space.

NAI Commercial (www.naicommercial.ca), is the Canadian representative for NAI Global and one of the fastest-growing, most active commercial real estate service organizations in Canada. Locally-owned, NAI Commercial has 10 offices across the country and is known for its market leadership, collaborative corporate culture, knowledgeable and experienced professionals and commitment to client service.

NAI Commercial has invested considerably to ensure optimal visibility for the company and its local, national and international clients. The conference is an excellent platform to meet with brokers and retailers present throughout the event, to gain insight on new or existing real estate projects, and to promote business growth and development.

Many contracts provide for a rental rate on a dollar per square foot basis. The basis may be rentable, gross, or usable and there are a number of alternative space measurement standards. In these cases, the rent is multiplied by the area of the demised premises so an incorrect rental rate can lead to a discrepancy between what is actually being rented and the amount of the rent.

It is not good practice to accept the landlord’s measurements. There may be errors in the measurement or the basis for the measurement may not be the basis of your rental contract.

In summary, it is appropriate to have the space re-measured in the field and then applied to the rental rate. Rental rates using usable space (typically the carpeted area) are the most appropriate since one only pays for what is being utilized. Note that incorrect space measurements also affect pass through items so an incorrect measurement or application of the measure can have secondary effects as well.

The ICSC is a global trade association that helps members develop their business through networking, deal-making, research, education, action and most importantly, visibility on a global scale. To find out more about the ICSC, visit www.icsc.org.

NAI Commercial has invested considerably to ensure optimal visibility for the company and its local, national and international clients. The conference is an excellent platform to meet with brokers and retailers present throughout the event, to gain insight on new or existing real estate projects, and to promote business growth and development.

Committed to providing services of the highest calibre and quality, NAI Commercial has been a long-time participant in ICSC Whistler, ICSC Montreal and other large-scale events, notably in Las Vegas (RECON) and France (MIPIM). The opportunity to do so in our own backyard simply couldn’t be passed up.