sperry van ness #cre monday national sales meeting 11-5-12
DESCRIPTION
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email [email protected] if you would like to attend our weekly call which we open up to the brokerage community.TRANSCRIPT
Monday National Monday National Sales MeetingSales Meeting
November 5, 2012November 5, 2012
SVNI Welcomes our Newest AdvisorsSVNI Welcomes our Newest Advisors
Sperry Van Ness (Thomas J. McMahon)(Cornelius, NC)Michael Elliott Sperry Van Ness/United Apartment Group (Walnut, CA)Teddy Polyzos
Sperry Van Ness/Norris Commercial Group, LLC(New Braunfels, TX)Jim TalkingtonLes BroylesMichael Motl
Sperry Van Ness/Ship Rollf(Clovis, CA)Ray Gill
Sperry Van Ness/Rich Investment Real Estate Partners(Los Angeles, CA)Nick Carlo
Sperry Van Ness, LLC(Downtown Chicago, IL)Jack Edgar, Jr. Sperry Van Ness/Levental Realty, LLC(Cincinnati, OH)Jamie Renzenbrink
Sperry Van Ness/Finest City Commercial(San Diego, CA)Michael Guilbert
Sperry Van Ness/Imperial Realty(Allentown, PA)Chris Baj
November Boot CampNovember Boot Camp
Boot Camp is designed to give new to Sperry Van Ness Advisors the information they need to utilize the SVN systems, tools and resources. The 3-day event will be held in Irvine, CA. Breakfast and lunch will be provided each day. There will be an SVNI hosted cocktail mixer on Thursday evening.
**Advisors are responsible for their flight and hotel arrangements.
SIGN UP TODAY!Please contact [email protected] to reserve your space. Spots are limited.
Dates: November 14, 15, 16Location: Irvine, CA
Registration is now open for the 2013 Sperry Van Ness National Conference. Our event will be hosted at the Trump International Beach Resort in beautiful Miami, Florida. The full two-day conference will be held on February 7th and 8th, 2013. We are also planning an optional networking event the evening of Wednesday, February 6th. Details of this event will be announced in the coming weeks. Please keep this in mind when making your travel arrangements. Registration links can be found on the Resources Portal > Announcements. They will also be sent out via email. We are looking forward to seeing you all in Miami!
Conference Registration$199 Early Bird Rate (expires 12-31-12)$250 Regular Rate (expires 1-31-13)$350 Late/On-site Rate (starts 2-1-13)
Hotel ReservationsTrump International Beach Resort*Discounted room rates expire 1-7-13
Questions? Please contact Kristina [email protected]
Registration Now Open!
SVN’s 2013 National ConferenceSVN’s 2013 National ConferenceFebruary 7-8, 2013 February 7-8, 2013
This Week’s Upcoming This Week’s Upcoming Calls and TrainingsCalls and Trainings
Wednesday, November 7th
National Deal Making Call (8:30am PST / 11:30am EST)
Thursday, November 8th
National Retail Call (9am PST / 12pm EST)
Friday, November 9th
ClientLook Webinar: Intro. for CRE Advisors(8:30am PST / 11:30am EST)
Featured ClosingsFeatured Closings
4784 N. High Street | Columbus, OH
Just Closed!
$635,000Transaction Highlights:•Two year endeavor with lender sale (Life Insurance Company)•Sold for original BOV estimate submitted in Dec. 2010•Sold via "roof top" marketing i.e. canvassing local merchants•Buyer was an established restaurateur within 1 mile of property•Good SVNART effort, with Jerry Anderson and Tim Strange
Doug [email protected], OH
Jerry Anderson, CCIM
[email protected] Beach Gardens, FL
Tim Strange, CCIM, SIOR
[email protected] City, OK
High Up Center | Winchester, VA
Just Closed!
$800,000Transaction Highlights:•Represented seller - worked with buyer•Worked with bank to hold off foreclosure•Purchased three years ago for $1.2M•Sold with 7-11 space empty•Financed through bank that held the noteConrad Koneczny, CCIM
Jim [email protected], VA
Terrace Hills Apartments | Tomball, TX
Just Closed!
$1,150,000Transaction Highlights:•Attracted multiple offers•6 Months and 3 attempts to close•Seller financing + Buyer takes over payment of existing notes + ~ $1,500/unit rehab allowance•Averted potential foreclosure•Buyer represented by Scott Henderson of SVN
Bill [email protected], TX
Altaf [email protected], TX
Church’s Chicken | Albuquerque, NM
Just Closed!
$1,380,000Transaction Highlights:•Buyer was 1031 client•Cash purchase-15 day close•Cap Rate 7.23%•15 years left on 20 year lease•Corporate guaranty
Tim House505-998-1031 [email protected], NM
Towne Park Manor Condominiums | Louisville, KY
Just Closed!
$1,444,500Transaction Highlights:•18 units and developer rights to build 16 additional units•Lender approved Absolute Auction•Bought by investors - No end users•4th auction conducted for this bank in 10 months
Bill Menish, CAI, AARE
Don Erler, CAI, AARE
Fred’s | Vilonia, AR
Just Closed!
$1,608,000Transaction Highlights:•Represented buyer – 1031 exchange•9.1 % cap rate•$97.63/SF•11 years remaining on lease
Matt Chandler, CCIM
[email protected] Little Rock, AR
1718 Main Street | Sarasota, FL
Just Closed!
$2,800,000Transaction Highlights:•Bank REO
•Listing to contract in 7 days
•Contract to close in 36 days
J. Chris [email protected], FL
Ashley [email protected], FL
Just Closed!
$3,195,000Transaction Highlights:•Absolute NNN•8.5 cap•16 years left on lease•We repped the buyer•M&M listing•Stancorp financed it
Macaroni Grill Corporate Lease | Huntsville, AL
Peter [email protected] Rapids, MI
David De [email protected] Rapids, MI
Springer Square | Albuquerque, NM
Just Closed!
$3,250,000Transaction Highlights:•3 offers •21 months from sale to close•Cap Rate 9.33%•55% occupied
Tim House505-998-1031 [email protected], NM
Total Inventory:Total Inventory:$19,183,200$19,183,200
Gross Fee Buy Side:Gross Fee Buy Side:$416,914$416,914
KVR Square | Aurora, IL
$2,650,000 | For Sale
$66,250 | Buy Side Fee
Offering Highlights:•44,300 SF, one-story office / retail building•New construction, undemised space•Across from 1.5M SF regional mall•Excellent access to regional transportation•Bank owned
Joel [email protected], IL
Neil [email protected], IL
22731 Aspan St. & 22722 Centre St. | Lake Forest, CA
$4,000,000 | For Sale
$100,000 | Buy Side Fee
Offering Highlights:•Value add opportunity•Hard to find Orange County retail •Pride of ownership-no deferred maintenance•Priced well below comparable average price per square foot•Owner retiring...wants to sell now!Barbara Kreis
[email protected] Diego, CA
Windchime Retail & Business Center | Colorado Springs, CO
$4,930,000 | For Sale
$98,600 | Buy Side Fee
Offering Highlights:• 9.2% CAP on existing income• Less than a quarter of a mile
from I-25• Below market rents• 99% occupancy with a solid
tenant mix• Low price per square foot at
$75.67
Kevin [email protected], CO
Dean [email protected], CO
Troy [email protected], CO
$7,603,200 | For Sale
$152,064 | Buy Side Fee
Offering Highlights:•Rare opportunity to own in Downtown San Jose•Corner location next to City Hall & San Jose State University•Newly renovated•Brand new long-term lease•Credit tenant•Building SF: 24,000•Cap rate: 6.25%
Paul [email protected] Jose, CA
Grocery Outlet | San Jose, CA
Thank you for joining us! Thank you for joining us!
For information about all of For information about all of
our listings please visitour listings please visit
www.svn.com