Posts tagged NAI Global
“Wall Street is in a panic, supposedly worried about a rising dollar, slowing Chinese growth, plummeting oil prices, a U.S. recession, and increasing interest rates. While these supposed rationales are more cover stories than real reasons, this panic caused stock prices to fall by 12% between year-end 2015 and February 11th, hitting a low not seen for two years. And as Wall Street jitters caused a flight to safety, 10-year Treasury yields fell by 20 bps and mortgage spreads widened by 100-200 bps. In addition, nervous lenders pulled back on mortgage origination growth, especially for commercial mortgagebacked securities (CMBS), and loan proceeds fell by 5-10%.
Yet while Wall Street is in a complete tizzy, Main Street continues to move forward: consumer confidence remains largely unchanged near its historical average; the economy continues to add jobs at a healthy pace; wages are growing faster than inflation; unemployment claims are low; the unemployment rate and the duration of unemployment are falling; and consumer spending remains solid. Thus, while Wall Street fears apocalypse, Main Street merrily dances onward.
This disconnect raises the question, “Who is right: Wall Street or Main Street?”
To find out the answer and read the rest of the excerpt, CLICK HERE.
NAI/Merin Hunter Codman’s executives, brokers and staff are back in the saddle after attending our annual NAI Florida Forum and NAI Florida Chapter Meeting which took place October 27-28, 2015 in the Treetop Ballroom of Miami’s Jungle Island. Although, the NAI Chapter Meeting offered a fantastic opportunity to collaborate and learn from our fellow NAI Global, NAI Latin America and NAI Florida members, I must admit this year’s Second Annual NAI Florida Forum stole the show.
The NAI Florida Forum is quickly becoming “the” annual economic event of South Florida. Dr. Charles Bohl, an associate professor and the director of the graduate program in Real Estate Development and Urbanism (MRED+U) at the University of Miami’s School of Architecture, welcomed a packed house of local, national and international business leaders, as well as commercial real estate professionals. Dr. Bohl, who is also an accomplished author and current chair of ULI Southeast Florida/Caribbean District Council, focused on mixed-use development, placemaking and community building in Florida, the US and abroad.
Next, Al Lewis, of the South Florida Business Journal lead, our very own, local expert, and NAI/Merin Hunter Codman, Chairman Neil E. Merin, SIOR, CCIM in an vibrant and insightful panel discussing the current state and future projections of the Latin America, Miami-Dade, Broward and Palm Beach Counties’ real estate markets.
Following our vivacious panel, was my favorite part of the NAI Florida Forum (sorry, Neil), keynote speaker Dr. Peter Linneman. Dr. Linneman is the principal of Linneman Associates, the CEO and founder of American Land Fund and of KL Realty, and the chief economist of NAI Global. Within the first 30 seconds of his presentation, Dr. Linneman captured the audience with his fresh and perceptive take on how the current national economic trends and predicted future outcomes, affect our local markets today and tomorrow.
NAI/Merin Hunter Codman is very fortunate to have been a part of this dynamic industry event and we would like to thank all of those who helped make this event a success. A very heartfelt thank you to our generous sponsors, fellow-event underwriters (NAI Global, NAI Miami and NAI Rauch Weaver Norfleet Kurtz & Co.), and most importantly, Jackie Larkin, NAI Miami’s marketing manager and her assistant extraordinaire, Elizabeth Calderin for all of their hard work in planning such a successful event. We’re looking forward to next year!
The results are in from the Commercial Real Estate Brand Survey by the Lipsey Company, an international leader in training and consulting for the commercial real estate industry. NAI Global has ranked in the Top 5 brands!
We’re honored to be a part of this dynamic global network of real estate professionals. NAI Global member firms are currently in over 375 offices worldwide, with more than 6,700 local market leaders.
As your Palm Beach County firm, NAI Merin Hunter Codman has over three decades of experience advising clients on strategic acquisitions and dispositions and providing landlord representation, tenant representation, property management and construct management services.
We bring you real estate solutions around the block or around the world. Where can we help you next?
NAI Global released Dr. Peter Linneman’s most recent white paper. The topics included by this paper include:
- Is it the growth that fuels U.S. real estate development? Why?
- Why does the U.S. still have tremendous growth potential due to pent-up demand?
- Why do large cities tend to be attractive?
- What is the single most important factor in determining future population growth?
Please click here to view and download the white paper, “Where Will U.S. Population Growth Occur? A Glimpse at 2020 and 2030″.
NAI Global Market Outlook Shows Commercial Real Estate Growth Opportunities Despite Slow Economic Recovery
BEVERLY HILLS, CA – May 8, 2014 – As global markets continue to emerge from the economic downturn, recovery of the commercial real estate market will drive unfathomable flows of capital, according to Dr. Peter Linneman, Chief Economist at NAI Global. His remarks were delivered to a group of nearly 700 individuals from NAI Global firms and their clients this week at the NAI Global Market Outlook event. Dr. Linneman was joined by Jay Olshonsky, President of NAI Global and Mauro Keller Sarmiento, NAI Global Executive Managing Director of International Business. The presentation was opened by special guest Richard Ziman, Founding Chairman of Rexford Industrial Realty, Inc. and Founding Member of the UCLA Ziman Center for Real Estate.
“As the global economy recovers, the potential flow of funds into commercial real estate is staggering,” said Linneman.
Slow, but steady, US job growth continues to drive economic recovery and its impact is evident on the global commercial real estate market. The most telling economic indicator for most commercial real estate markets remains the proportion of lost jobs recovered to date, and when lost jobs are 100% or more recovered, real estate space demand is roughly back in balance.
Click here to read the full press release.
The Lipsey Company is the international leader in training, consulting and coaching for the Commercial Real Estate industry. Every year they accept votes to place the top 25 most recognizable CRE brands. Over 100,000 votes were cast and we’re proud to announce that NAI Global ranked in the top 5!
Click here to to see all 25 brands that made the list.
Jordan Paul, CEO of South Florida’s NAI/Merin Hunter Codman Joins Prestigious Worldwide Board of NAI Global
West Palm Beach, Fla. – NAI/Merin Hunter Codman, Inc., one of South Florida’s leading commercial real estate services firm, today announced that the firm’s Chief Executive Officer, Jordan Paul, has been named to NAI Global’s prestigious Leadership Board. NAI Global is the largest global network of owner-operated commercial real estate brokerage firms in the world, operating in 55 countries through 400 local offices. Its Leadership Board, to which Jordan Paul was selected, sits at the helm of this network, working to elevate the level of engagement and productivity of the network and its members and to develop policies and programs to enhance the services that NAI Global delivers to its clients throughout the world.
“Jordan Paul’s election to NAI Global’s prestigious Leadership Board squarely places NAI/Merin Hunter Codman at the forefront of global commercial real estate trends and achievement,” said Neil E. Merin, Chairman of NAI/Merin Hunter Codman. “I’m confident Jordan Paul will further enhance the quality and integrity of the NAI Global mission.”
To read the full press release, click here.
LAS VEGAS, NV - NAI Global, the largest, most powerful global network of owner-operated commercial real estate brokerage firms, today announced its 2014 Members’ Leadership Board and Executive Committee, and Council Chairs, at its annual global convention.
Michael Flynn, CCIM, SIOR, Executive Vice President, NAI Hiffman, and NAI Global’s 2013 Members’ Leadership Board Chair, will join four other most recent past Chairs to serve on the Board’s Coordination Council. The Coordination Council comprises the aforementioned Past Chairs, the executive committee and NAI Global’s executive leaders, Jay Olshonsky, President; Mauro Keller Sarmiento, Executive Managing Director, International Business; and Bobbi Jean Formosa, Executive Vice President of Operations. This group assures alignment of strategies, goals and objectives so that the organization can perform with the greatest degree of efficiency under a shared vision.
Incoming Board Members:
Elke Laughlin, NAI Houston
Jordan Paul, NAI Merin, Hunter, Codman
Rob DesBrisay, NAI Commercial Vancouver
Carlos Pacheco, NAI Dworking
Gina Dingman, CCIM, NAI Everest
The Members’ Leadership Board provides proactive leadership to increase the profitability, professionalism, technical capability, integrity and standards of practice that reinforce and breed mutual trust and respect throughout the enterprise. It fosters and promotes activities, education and communication that elevate the level of engagement and productivity of Members, Agents and the Network at-large.
Click here to read the full press release.