svn | live open sales meeting 06 06-16
TRANSCRIPT
SVN.COM
SVN Live™ Open Sales Meeting
Date: June 6, 2016
Presenters:
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
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Upon conclusion, please hit *6 to mute your line.
*For qualified transactions, 50% of the gross commission to the buy side.
SVNIC Welcomes
SVN | OAK Realty Advisors
Website
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Market Areas: Tulsa, Cleveland, Creek, Rogers, Wagoner and Muskogee Counties, OKAreas of Practice: Specializing in sales of multi-family & investment properties
Years of Experience: 39 Combined Years
9321 South Toledo Avenue, Tulsa, OK 74137Phone: (918) 201 2005 | Fax: (918) 201 2006
[email protected] | [email protected]
Raymond LordManaging Director
®
Benjamin DavisManaging Director
Welcome SVN’s Newest AdvisorsSVN | AVAT Realty, LLC (Huntsville, AL)Michael Coon
SVN | Rich Investment Real Estate Partners (Los Angeles, CA)Patrick Sharples
SVN | Vanguard(Fullerton, CA)Sharon Browning
SVN | High Desert Commercial(Idaho Falls, ID)Victor Sutherland
SVN | Ward Commercial Group(Louisville, KY)John Vandertoll
SVN | Stora Realty
(Smithtown, NY)
Michele Weil
SVN | Cornerstone
(Spokane, WA)
Tony Mukhamediyev
SVN | Graham, Langlois & Legendre Commercial Real Estate Advisors
(Baton Rouge, LA)
Jeff Shriver
SVN | Parsons Commercial Group –Boston
(Framingham, MA)
Jason Blackburn
SVN | Commercial Real Estate Advisors
(Charlotte, NC)
Paul Williams
SVN | Realty Three Advisors, LLC
(Port Jefferson Station, NY)
Marian Conde
SVN | Hintze Commercial Real Estate (Mequon, WI)
Anthony Stevens
Thomas Gale
Thomas Kohl
SVN | RICORE Investment Management, Inc.
(Cincinnati, OH)
Allie Rice
SVN | Bluestone & Hockley
(Portland, OR)
Jim Wierson
SVN | BlackStream Commercial, LLC
(Greenville, SC)
Stephen Ahnrud
SVN | Tamarack
(Austin, TX)
Kendra Jablonski
SVN | K & M Commercial Real Estate
(Herndon, VA)
Ellie Mehrbakhsh
SVN | Commercial Realty
(Miami, FL)
Jody A. Laport
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
June 21-24, 2016 | St. Paul, MNCOST = $349
Immerse yourself (or your new Advisor) in our 4-day best-practices event that covers all the CRE new-to-business info, SVN systems, tools and resources needed to have your SVN CRE business
up and running within weeks.
Led by our seasoned CRE professionals, this is a can’t miss opportunity for those new to
CRE or the SVN franchise system.
Register today on the homepage of SVN.com under “Upcoming Events”.
Note: Completion of the SVN System for Growth “Jumpstart Prerequisite” courses is required.
Two Talking Points
Banks Becoming More Restrictive in CRE Lending
Crowdfunding is a Rapidly Growing Source of CRE Capital
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Events & Webinars: June 6 – June 11, 2016
Monday, June 6th
Hospitality Council Call11 am PT / 2 pm ET
Tuesday, June 7th
Leasing Council Call8:30 am PT / 11:30 am ET
Retail Council Call10:00 am PT / 1:00 pm ET
Wednesday, June 8th
Medical Office Council Call12 pm PT / 3 pm ET
Saturday, June 11th
Saturday Call with John McDermott8:30 am PT / 11:30 am ET
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Meetings & Events this Week:
Transaction Highlights:
• Long Established RV Center
• 15 Year NNN Lease
(Sale/Leaseback)
• Annual Rental Increases
• At the I-75 Exit
• Sold to 1031 Buyer
$1,000,000 | Just Closed
Sale/Leaseback | Waters (Otsego Township), MI
Peter Colvin | 616.893.1398 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Special Purpose
Transaction Highlights:
• 7.11 Acres (Unplatted)
• Sold for $5.32 / Sq. Ft.
• Originally asking over $10 / sf
• Closed All Cash/Quick
• Represented the Buyer ,Top
Shelf Storage in this
transaction.
$1,650,000 | Just Closed
2861 Hammondville Road | Pompano Beach, FL
Keith Kidwell, SIOR, CCIM | 954.234.8777 | [email protected]
Steve Davis | 954.650.7824 | [email protected]
Les Byron, SIOR, CCIM | 954.401.4713 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Land
Transaction Highlights:
• Represented Buyer and
Syndicated Partnership Interest
• 65 Residential Rental Units
• 30 Adjoining Mini Warehouse
Units
• Local Bank Financing
• 100% Occupancy
• Tertiary Market Cap Rate
Expansion 11% (Apartments
Only!)$2,150,000 | Just Closed
Sandia North Apartments | Bonham, TX
J. Scott Henderson | 214-808-4359 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Multifamily
Transaction Highlights:
• Off Market Transaction for
Exchange Buyer
• Buyer obtained 3.9% 10 year
financing
• Sold ~$650,000 higher than
when we had it listed in 2013
$ 3,300,000 | Just Closed
549 Greenwood Dr NE | Keizer, OR
Hugh Holtman | 503.208.9400 | [email protected]
Carson Halley | 503.208.9400 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Multifamily
New Inventory:$89,965,000
Buy-Side Commission:$1,895,200
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Offering Highlights:
• Move-in ready 7,359 SF
warehouse
• Two grade-level bay doors
• Fully air conditioned
• 14 common parking spaces
• Incredible location adjacent to
US 1 and Pinecrest
• Corner Lot$1,100,000 | For Sale
$27,500 | Buy Side Fee
12950 SW 85 Avenue Road | Miami, FL
Harrison Klein, CCIM | 305.401.4549 | [email protected]
Charlie Steinmetz | 305.804.8103 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Industrial
Offering Highlights:
• Close proximity to Golden
Glades Interchange
• Develop up to 105,000 SF
under existing zoning
• Ideal for office or medical
development and use$1,990,000 | For Sale
$59,700 | Buy Side Fee
190 NW 162 Street | Miami, FL
Harrison Klein, CCIM | 305.401.4549 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Land
Offering Highlights:
• Land is located at the Greenfield Lakes
Golf Course. *Purchase Option
• Acres: 2.2
• Zoning: NC (Neighborhood Commercial)
City of Gilbert
• NEC of Greenfield & Warner in BOOMING
Gilbert, AZ
• Perfect for Restaurant, Service Retail,
Medical or Office Development
• Strong Demographics
• Great Visibility $1,340,000 | For Sale
$40,200 | Buy Side Fee
2484 E. Warner Road | Gilbert, AZ
Nicole Ridberg | 480.425.5514 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Land
Offering Highlights:
• 7,348 Square feet on 0.565 acres
• Multi-purpose/multitenant building
• Great visibility on major traffic
corridor
• 18' Clear span
•High quality finishes$1,600,000 | For Sale
$48,000 | Buy Side Fee
8540 Siegen Lane | Baton Rouge, LA
Donato Mucciacciaro | 225.367.1515 | [email protected]
Camm Morton | 225.367.1515 | [email protected]
Troy Burton | 225.367.1515 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Retail
Offering Highlights:
• 2.25 Acres Retail Pad Available for Sale
• Located by the Mesa Gateway Airport
• Close Proximity to major freeway, Loop
202
• Major hospital located across the
street, along with Arizona State
University's Polytechnic Campus, and
Four Points Sheraton Hotel.$1,760,000 | For Sale
$52,800 | Buy Side Fee
5621 South Power Road | Mesa, AZ
Rommie Mojahed | 480.425.5534 | [email protected]
Nicole Iglehart | 480.425.5531 | [email protected]
Eddie Gonzalez | 480.425.5500 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Land
Offering Highlights:
• Great Location Multifamily / Mix-use
Redevelopment
• Infill location in the heart of Phoenix
• With in minutes of Biltmore Shopping
District, Downtown Phoenix and Sky
Harbor Airport
• 24,000 + VPD
• Please do not disturb current tenant.
• Call Brokers for appointment to view
property.
$2,000,000 | For Sale
$60,000 | Buy Side Fee
3325 N 16th St | Phoenix, AZ
David Benzing | 480.719.2496 x 102 | [email protected]
John Trujillo | 480.719.2496 x 104 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Land
Offering Highlights:
• Value Add Property With New Management
• Airport Market Property
• Flag Can Stay Or Can Be Re-Flagged
$3,325,000 | For Sale
$66,500 | Buy Side Fee
2601 Mulberry Street SE | Albuquerque, NM
David Laney | 480.719.2496 x 101 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Hospitality
Offering Highlights:
• 100 X 133 feet with 15 feet alley
• Potentially to build 35 or 48 units with
Density Bonus*
• FAR- 3*
• Zoned LAC-2 can be converted to LA-R4*
• Property is located in the high demand
area for apartment building
• Close vicinity of Downtown Los Angeles,
Mid-Wilshire & Hollywood
• Currently there are 2 houses on each lot
• * Per City of Los Angeles Building &
Zoning Department
$2,150,000 | For Sale
$32,250 | Buy Side Fee
Double Lot C-2 Zoning | Los Angeles, CA
Allen Afshar, BRE #00797725 | 310.500.3321 | [email protected]
Kenneth Park, BRE #01465003 | 310.903.4999 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
2 Houses on each lot
Offering Highlights:
• 515 Total Units
• 65,175 Total Square Feet
• 86% Unit occupancy
• Fenced and Gated
• Fully Paved Facilities
$2,300,000 | For Sale
$115,000 | Buy Side Fee
North Carolina Self Storage Portfolio | Eastern, NC
James Cox | 704.632.1030 | [email protected]
Joey Godbold | 704.632.1027 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Industrial
Offering Highlights:
• Great Investment Opportunity!
• 22 Units Multifamily Building
• Non Rent Control
• Near Public Transportation and
Amenities
• City Approved Conversion
Project$2,750,000 | For Sale
$55,000 | Buy Side Fee
14411 Vanowen Street | Van Nuys, CA
Shiva Monify, BRE #01728143 | 310.476.7653 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Multifamily
Offering Highlights:
• Substantial Existing Office/Educational Infrastructure
• Fantastic Location adjacent to I-355
• Massive 7.4 /1000 Parking Ratio (216 Spaces)
• Property located in area with strong demographics
• Low DuPage County Taxes
• Expandable Building
• Located Near Retail Amenities, Food, Shopping
• Priced Below Replacement Value
$3,800,000 | For Sale
$95,000 | Buy Side Fee
7155 Janes Ave | Woodridge, IL
Albert M. Lindeman | 312.756.7352 | [email protected]
Wayne Caplan | 312.529.5791 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Office
Offering Highlights:
• Superior Location in the heart of
Chattanooga’s major
retail/office/medical district
• Signalized Intersection, multiple
points of access
• Can be delivered vacant at
closing
• Adjacent to an active Medical
Office Building
• Close proximity to two major
hospitals$ 3,950,000 | For Sale
$ 98,750 | Buy Side Fee
1949 Gunbarrel Road | Chattanooga, TN
Heidi Adams, CCIM | 865.531.6400 | [email protected]
John Healy | 423.266.5587 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Office
Offering Highlights:
• Located directly across from the University of Central Oklahoma
• 18,000 students (3rd largest university in Oklahoma)
• 3 acre site/235 parking spaces
• 300 person ball room
• Full service restaurant
• $2M in renovations (all 152 rooms and common areas)$7,300,000 | For Sale
$182,500 | Buy Side Fee
930 E 2nd Street | Edmond, OK
Andrew Hwang, JD | 405.772.7255 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Hospitality
Offering Highlights:
•150,634 S.F. Value-Add Medical Office [1984]
•73% Occupied ½ block from Hospital
•Equity Requirement $7,617,585
•Debt Assumption $11,582,415 @ 4.25%/25 Yr.
•Cap Rate @ 7.56% at 73% Occupancy
•Cash-on-Cash @ 8.82% at 73% Occupancy
•DCR @ 1.86
•5 Year IRR @ 35.49%
•10 Year IRR @ 25.31%
•2016 NOI $1,451,971 [8.82%]
•2019 NOI $2,323,395 [20.26%] $19,200,000 | For Sale
1.25% | Buy Side Fee
1300-1390 Potomac | Aurora (Denver), CO
Bruce Marshall | 214.356.5662 | [email protected]
Steve Kawulok | 970-207-0700 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Office
$34,000,000-$37,000,000 | For Sale or Joint Venture
$680,000 | Buy Side Fee
Winery / Resort Plan | Temecula, CA
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Special Purpose
Harry Fotinos, BRE #01123009 | 619.206.2655 | [email protected]
Darrell Hoover, BRE #00700687 | 949.428.3066 | [email protected] Highlights:
Existing Winery / Resort Plan (90 acres)
– 55 acres of vineyards, production and storage facilities
– Restaurant and tasting room
– Existing cased and bulk-wine inventory
– Event venues
• Resort Plan– 180 guest rooms including cottages and villas
– Restaurants, spa, banquet facilities
– 1,800-seat amphitheater
– Lake with event venue
• Estate Lot Subdivision (89 acres)– One 1-acre and fourteen 2-acre estate lots
– Two 10-acre winery lots
– One 13-acre winery lot
– One 25-acre production lot
• 136 Acres – 55-acre certified organic grapefruit orchard
– Ready for entitlement many possibilities under wine region
general plan
315 total acres / Winery / Resort Plan / 19 lot estate / Winery subdivision
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