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Real Estate, No Longer a Dirty Word

Fri, 07 Jun 2013 00:50:18 +0000

The opening panel at the ULI Real Estate Finance and Investment conference at Dean Schwanke, SVP of Urban Land Institute.

Part 1 of 2

SAN FRANCISCO-Real estate is no longer a dirty word; it is a well-performing asset class. So said David Lynn, EVP and chief investment strategist of Cole Real Estate Investments, during a discussion about the CMBS market here yesterday at the ULI Real Estate Finance and Investment conference. Real estate is much safer than it has been for some time and for the borrower and lender, it is an attractive environment.

The CMBS market, Lynn said, was scarce two years ago, but is now much more broadly available. There is a real need for it and investors want the yield … CMBS makes sense.

It makes sense, Lynn continued, particularly in the secondary and tertiary markets where there has been a financing gap, but it doesnt necessarily make sense in the primary.

The conference brought together both providers and users of capital to explore key trends that are driving successful real estate investing today. Lynn was a panelist on the opening panel, moderated by Dean Schwanke, SVP of Urban Land Institute.

The panel began with a reviewed ULIs recent consensus forecast, a three-year forecast for 27 economic and real estate indicators. The survey was undertaken from March 4 to march 25, 2013.

Industry experts gather at UCSFs Mission Bay Conference Center for a networking break.

Among other things, the consensus predicted that: Real GDP Growth will continue getting better; showed inflation will increase up to 3% by 2015; cap rates are expected to fall this year and then rise up to 6.2% next year; transaction volume is expected to rise; strength continues on the industrial and warehouse side, with rental rates expected to grow; rental rates for office is expected to grow for the next three years; hotel occupancy rates will continue to rise over the next few years; and home price increase are expected to be stronger, well above inflation.

Richard Sinkuler, partner and global real estate markets leader of Ernst Young,commented on the consensus GDP growth prediction, noting that there are still a lot of headwinds if you look at things globally. There is still some uncertainty and that uncertainty is our enemy because it is still making people who make decisions say, oh well, we will wait and see. And it is four years now of a slowdown.

But Andrew Nelson, director of research and strategy at Deutsche Asset Wealth Management, thought there is a better picture to paint. Sure, the public sector is very much standing in the way right now, he said, but the private sector is recovering nicely. It is a normal kind of reaction to such a severe downturn. It is kind of a bamboo thing where it takes several years underground before it is going to shoot up. We are seeing some positive things like exports increasing and job growth, for example.

Lynn added that there are more positives than negatives. The private sector is in relatively good health. Exports are increasing for the US. We are becoming a major energy power and that isnt insignificantit is helping our economy is a variety of ways, he said. Consumers have been deleveraging over the past several years and are in better shape. They are beginning to re-lever again.

But the big worry is still the jobs picture, which Lynn said has been anemic. It is a new normal, said Lynn, but it is a pretty good environment for real estate. You are seeing fundamentals improve in all sectors. The debt part of this has been very attractive. The economy is gradually improving and the cost of capital is very attractive.

Check back with GlobeSt.com for part two of this panel discussion, where the panel touches on the 10-year treasury, and on a majority of returns stemming from income.

Article source: http://www.globest.com/news/12_619/sanfrancisco/finance/Real-Estate-No-Longer-a-Dirty-Word-334129.html

Marin Modern Real Estate Opens New Agent & Client-centric Office, Expands …

Fri, 04 May 2012 07:56:29 +0000

Marin County real estate brokerage establishes new office, which combines technology, efficiency, and green design principles. Company announces expansion of their sales team in Marin County, California.

Marin County, CA (PRWEB) May 03, 2012

Marin Modern Real Estate, a full service residential real estate brokerage firm and “top 10″ real estate brokerage in Marin County, announced the opening of a new, modern real estate office to better serve the needs of their clients and agents throughout Marin County.

Established more than 5 years ago as a boutique Bay Area real estate firm specializing in modern, architectural homes, Marin Modern Real Estate has become one of the fastest-growing residential real estate firms in Marin County. The firm’s approach, which involves selectively recruiting and hiring highly knowledgeable, tech-savvy and full-time, client-focused real estate agents and providing them as well as their clients with meaningful tools and technology to help make them successful in today’s market, has helped the company achieve significant double-digit growth in both sales and transaction volume every year since the firm’s inception. While still recognized as a leading authority for modern and mid-century modern homes, the firm has successfully expanded outside of its niche and assists clients with diverse architectural preferences and budgets.

“I’m extremely proud of what we’ve accomplished over the last 5 years,” commented Renee Adelmann, Owner Realtor of Marin Modern Real Estate. “Despite the challenges faced by others in our industry, our growth has been purely organic and has not come as a result of an acquisition, dramatic headcount expansion, or even by opportunistically riding the foreclosure and short sale wave. Instead we’ve hired great agents, provided them with technology and tools that actually matter and help them succeed, and worked as a cohesive team to succeed and grow in a market that has been so difficult for many others.”

To accommodate the needs of their expanding agent client base, the company has opened a new office at 2144 Fourth Street in San Rafael. Commenting on the new office, Renee Adelmann stated, “Our new office space is a strong reflection of our high-tech, high-touch brand. We designed the space to have a comfortable, brick timber loft feel to it; however, we also respected the need of our agents and clients to have relaxed, private meeting space. I believe we succeeded in achieving both objectives while also infusing the office with a lot of technology and eco-friendly design principles.”

In addition to opening a new office, the company announced the addition of REALTORS Fredrick “Fred” Anlyan and Helen Luttemo to their team. REALTOR and Broker Associate Fred Anlyan joins Marin Modern Real Estate from Coldwell Banker, where he spent more than 10 years assisting buyer and seller clients with their real estate needs in Marin County. REALTOR Helen Luttemo, a licensed agent since 2003, joins Marin Modern Real Estate from Frank Howard Allen.

About Marin Modern Real Estate

Marin Modern Real Estate is an innovative, technology-enabled, and high-touch residential real estate brokerage firm serving the needs of homebuyers and sellers throughout the San Francisco Bay Area.

Founded by one of the Bay Area’s top-producing real estate agents, the company provides unmatched professional representation to real estate clients throughout Marin County (Marin Modern Real Estate), San Francisco (San Francisco Modern Real Estate), as well as Alameda Contra Costa Counties (East Bay Modern Real Estate).

To learn more visit us online at Marin Modern Real Estate, San Francisco Modern Real Estate, and East Bay Modern Real Estate.

For the original version on PRWeb visit: www.prweb.com/releases/prweb2012/5/prweb9466516.htm

Article source: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/05/03/prweb9466516.DTL

Marin Modern Real Estate Opens New Agent & Client-centric Office, Expands … – Virtual

Thu, 03 May 2012 13:54:49 +0000

Marin County real estate brokerage establishes new office, which combines technology, efficiency, and green design principles. Company announces expansion of their sales team in Marin County, California.

Marin County, CA (PRWEB) May 03, 2012

Marin Modern Real Estate, a full service residential real estate brokerage firm and “top 10” real estate brokerage in Marin County, announced the opening of a new, modern real estate office to better serve the needs of their clients and agents throughout Marin County.

Established more than 5 years ago as a boutique Bay Area real estate firm specializing in modern, architectural homes, Marin Modern Real Estate has become one of the fastest-growing residential real estate firms in Marin County. The firm’s approach, which involves selectively recruiting and hiring highly knowledgeable, tech-savvy and full-time, client-focused real estate agents and providing them as well as their clients with meaningful tools and technology to help make them successful in today’s market, has helped the company achieve significant double-digit growth in both sales and transaction volume every year since the firm’s inception. While still recognized as a leading authority for modern and mid-century modern homes, the firm has successfully expanded outside of its niche and assists clients with diverse architectural preferences and budgets.

“I’m extremely proud of what we’ve accomplished over the last 5 years,” commented Renee Adelmann, Owner Realtor of Marin Modern Real Estate. “Despite the challenges faced by others in our industry, our growth has been purely organic and has not come as a result of an acquisition, dramatic headcount expansion, or even by opportunistically riding the foreclosure and short sale wave. Instead we’ve hired great agents, provided them with technology and tools that actually matter and help them succeed, and worked as a cohesive team to succeed and grow in a market that has been so difficult for many others.”

To accommodate the needs of their expanding agent client base, the company has opened a new office at 2144 Fourth Street in San Rafael. Commenting on the new office, Renee Adelmann stated, “Our new office space is a strong reflection of our high-tech, high-touch brand. We designed the space to have a comfortable, brick timber loft feel to it; however, we also respected the need of our agents and clients to have relaxed, private meeting space. I believe we succeeded in achieving both objectives while also infusing the office with a lot of technology and eco-friendly design principles.”

In addition to opening a new office, the company announced the addition of REALTORS Fredrick “Fred” Anlyan and Helen Luttemo to their team. REALTOR and Broker Associate Fred Anlyan joins Marin Modern Real Estate from Coldwell Banker, where he spent more than 10 years assisting buyer and seller clients with their real estate needs in Marin County. REALTOR Helen Luttemo, a licensed agent since 2003, joins Marin Modern Real Estate from Frank Howard Allen.

About Marin Modern Real Estate

Marin Modern Real Estate is an innovative, technology-enabled, and high-touch residential real estate brokerage firm serving the needs of homebuyers and sellers throughout the San Francisco Bay Area.

Founded by one of the Bay Area’s top-producing real estate agents, the company provides unmatched professional representation to real estate clients throughout Marin County (Marin Modern Real Estate), San Francisco (San Francisco Modern Real Estate), as well as Alameda Contra Costa Counties (East Bay Modern Real Estate).

To learn more visit us online at Marin Modern Real Estate, San Francisco Modern Real Estate, and East Bay Modern Real Estate.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/5/prweb9466516.htm

Article source: http://www.virtual-strategy.com/2012/05/03/marin-modern-real-estate-opens-new-agent-client-centric-office-expands-sales-team

Four Brokers of Pacific Union International Named Among America’s Top 1000 …

Fri, 09 Sep 2011 04:13:19 +0000

Pacific Union International (PUI) announced today four of their team members were included among the Top 250 Real Estate Professionals by Transaction Volume, Pacific Union International has made its mark among the leading realtors in the Bay Area.

San Francisco, Calif. (PRWEB) September 08, 2011

Pacific Union International (PUI) announced today four of their team members were included among the Top 250 Real Estate Professionals by Transaction Volume, Pacific Union International has made its mark among the leading realtors in the Bay Area. Tracy McLaughlin of Ross, Dana Green of Orinda, Steven Mavromihalisand John Lee, both of San Francisco, were named among America’s top real estate professionals by The Wall Street Journal and REAL Trends. They are all now members of the “The Thousand Top Real Estate Professionals,” a prestigious national awards ranking sponsored annually by the two respected publications. They are now ranked in the top one half of 1 percent of the more than 1 million REALTORS® nationwide.

The Thousand Top Real Estate Professionals recently announced with four separate categories honoring the top 250 residential agents and agent teams for excellence in:

    Individual Sales Professionals – Sales volume

    Individual Sales Professionals – Transaction sides (in each real estate transaction, there are two sides that can be represented by a real estate agent: a buyer’s and a seller’s.)

    Team Professionals – Sales Volume

    Team Professionals – Transaction sides

According to The Thousand Top Real Estate Professionals, McLaughlin, Green, Mavrohimalis and Lee had sales volume of between $35 million and $53million, ranking in the top 250 in the nation.

“The best individual agents and teams – including McLaughlin, Green, Mavromihalis and Lee’s award-winning efforts – were nothing short of phenomenal considering the challenging real estate market,” said Steve Murray, founder of Denver-based publishing and communications company REAL Trends, which compiled the list.

“Ironically, if you look at the top 250 in each category you will find that collectively, their sales volume and transaction sides held up quite nicely compared with the market as a whole.”

“Becoming a member of such an elite group as the The Thousand Top Real Estate Professionals is an incredible accomplishment in any market, but what McLaughlin, Green, Mavromihalis and Lee’s did during these challenging times is impressive on so many levels,” said Marti Gallardo, vice president of classified advertising for The Wall Street Journal. “Their efforts topped 99.99 percent of the more than 1 million REALTORS nationwide.”

“Pacific Union International is absolutely thrilled to see four team members named to The Thousand,” said Mark A. McLaughlin, president and CEO of Pacific Union International. “Even with the market’s challenges, it’s incredibly gratifying for our professionals to help clients find their dream homes, as well as help them sell their properties quickly and for the highest price possible. We salute Tracy McLaughlin, Dana Green, Steve Mavromihalis and John Lee for their achievements.”

The four lists of the The Thousand can be found at:

http://realtrends.com/products/top-1000-sales-professionals/individual-sides

http://realtrends.com/products/top-1000-sales-professionals/individual-volume

http://realtrends.com/products/top-1000-sales-professionals/team-sides

http://realtrends.com/products/top-1000-sales-professionals/team-volume

About Pacific Union International(PUI): PUI is the San Francisco Bay Area’s premier international luxury real estate brand operating in six counties including Alameda, Contra Costa, Marin, Napa, San Francisco and Sonoma for 35 years. Locally owned, PUI leadership operates with an entrepreneurial mindset and unwavering commitment to invest in the right people, processes and tools to ensure deep, long-standing client and agent relationships. In 2009, its team of over 425+ brokers achieved #1 ranking in average sales price and #1 ranking for professional productivity in all six counties. Through its exclusive relationship with Christie’s International Real Estate in the San Francisco Bay Area, Pacific Union delivers international reach in its property marketing programs and provides clients with access to international investors. For more information visit: www.pacunion.com.

About The Thousand Top Real Estate Professionals: The Thousand Top Real Estate Professionals awards program was developed jointly by The Wall Street Journal’s Business Development Group and REAL Trends, a leading source of analysis and information for the residential real estate brokerage industry. The Real Estate Top 1,000 honors America’s elite real estate agents and their companies and is compiled and analyzed by REAL Trends.

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For the original version on PRWeb visit: www.prweb.com/releases/prweb2011pacunion/09/prweb8780950.htm

Article source: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/09/08/prweb8780950.DTL