The clock is ticking on what is a systemic issue in commercial real estate investment sales: Non-cooperation and misaligned incentives create a loophole where brokers’ interests take precedence over sellers’ interests, resulting in an environment where most sellers are selling for less than fair market value. This model and way of doing business means that money is being left on the table by brokers and, more importantly, their clients.
In this white paper, we argue that:
• Today’s typical way of selling CRE assets is illogical and driven by misaligned incentive structures instead of sound economic principles • The CRE industry urgently needs to embrace cooperation to drive shared value in the future • Cooperating proactively with the brokerage community is the most effective way to increase demand for CRE assets on the market
Savvy brokers have the chance to embrace efficient, modern, and informed ways of working to achieve the best price and the best terms for their clients. We should know — SVN has been working like this for over 36 years.
Boston, MA — (April 22, 2022) — SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, announces the addition of its new franchise office, SVN | Ascension Commercial Realty based in Toledo, Ohio.
SVN | Ascension Commercial Realty is a full-service brokerage and facility management company serving the northwest Ohio and southeast Michigan commercial markets. Led by Managing Director and President Tim Schlachter, CCIM, the SVN | Ascension Commercial Realty team is disciplined in all commercial real estate market segments, including investment, retail, multifamily, medical, office, flex/warehouse, industrial, land sales, and business brokerage.
The firm consists of five full time employees, twelve licensed advisors, a dedicated Facility Management Lead/Certified Public Accountant (CPA) with thirty years of property management and operations experience, as well as a Maintenance Superintendent who has been active in the maintenance field for twenty-five years.
“With SVN®, we gain the opportunity to collaborate with a strong network of commercial real estate Advisors spread across the country, all of whom have highly specialized skill sets,” says Schlachter. “Joining SVN has already improved our ability to service our clients in a more in-depth and comprehensive manner.”
Through this strategic partnership, SVN | Ascension Commercial Realty looks forward to accelerating their growth within the next five years. With SVN’s collaborative network, leading technology platforms and proven systems for success, Schlachter and his team anticipate doubling the square footage of commercial properties under management by Q4 2023, as well as expanding and establishing a physical office in southeast Michigan by Q2 2024.
About SVN | Ascension Commercial Realty
SVN | Ascension Commercial Realty is a full-service brokerage and facility management company based in Toledo, Ohio. Their team of Advisors is disciplined in all market segments including investment, retail, multifamily, medical, office, office/warehouse, industrial, land sales, and business brokerage. For more information, visit https://svn-acre.com.
About SVN® The SVN® organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN® brand is comprised of over 1,620 Advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our Advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com. All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchise/.
Award Honoring Executives Generating the Greatest Momentum Toward Positive Impact on Their Communities and the World
Boston, MA — (April 7, 2022) — Big Path Capital (“Big Path”), impact investing’s investment bank, is proud to announce the winners of this year’s MO 100 Top Impact CEO Ranking honoring the 100 most impactful leaders sparking positive environmental and social change through the fast-growing private companies they run.
SVN® President and CEO Kevin Maggiacomo has landed at the top of this year’s rankings, earning a prestigious #11 spot on the list.
The MO 100 shines a spotlight on momentum-fueled executives who are leveraging the engine of capitalism to create shared prosperity. These agents of change champion a new vision for the economic system, demonstrating that every transaction represents an opportunity to create positive outcomes for all stakeholders.
The 2022 MO 100 Ranking illustrates the changing face of the impact economy. This year’s ranking is composed of the most diverse set of winners ever; more than four out of every ten CEOs listed are either female and/or a person of color.
“These CEOs highlight the new ideal of leadership in modern capitalism,” said Shawn Lesser, Co-Founder and Managing Partner of Big Path. “The most important values of our generation, such as sustainability, social justice, and racial equity, will not arise on their own. These values must be planted and nurtured by individuals, exactly as these CEOs are doing. Transformation takes root at the individual level.”
Winners will be honored at the 2022 MO 100 Awards Gala on April 19th.
About SVN® The SVN® organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN® brand is comprised of over 1,620 Advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our Advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com. All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchise/.
Boston, MA — (March 7, 2022) — SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, announces the addition of its new franchise office, SVN | Urban Properties headquartered in New Orleans, LA.
Led by Managing Directors Eugene Schmitt, Tyler Robinson, Michael Bucher and Timothy Thompson, SVN | Urban Properties offers expert commercial real estate brokerage and property/asset management services across Southeast Louisiana and the Gulf South. The firm focuses on investing in socially vibrant urban projects that enhance neighborhoods to drive long-term value. With backgrounds in development, finance, and asset management, coupled with local market expertise, the team at SVN | Urban Properties crafts innovative and practical real estate solutions for their clients.
Through this strategic partnership, the team at SVN | Urban Properties gains unlimited access to industry leading commercial real estate tools, technology, and systems that maximize clients’ time and return.
“Our top priority is getting the most value for our clients and we believe national exposure via a top commercial real estate brand that markets to the entire brokerage community is the way to get it,” says Eugene Schmitt, Partner/Managing Director of SVN | Urban Properties. “With SVN we gain expanded visibility and marketing dexterity to deliver the best value possible no matter the geography or asset class. We now not only reach a business owner across town, but an investor across the globe.”
SVN President and CEO Kevin Maggiacomo stated, “As the SVN brand expands across the globe, we are partnering with market leaders who share our vision of a collaborative, open, and transparent approach to commercial real estate. SVN | Urban Properties has long been an impactful leader in New Orleans and the Gulf South region and they are a strong addition to this organization. We look forward to growing the SVN presence in New Orleans and beyond.”
About SVN | Urban Properties
SVN | Urban Properties was founded in 2015 to serve clients’ real estate needs in the New Orleans market. As part of the SVN® brand, they are able to represent clients in sales, leasing, and management in over 500 markets. SVN Advisors represent more than 6,000 clients worldwide in auction services, corporate real estate, distressed properties, golf & resort, hospitality, industrial, investment services, land, medical, multifamily, office, retail, self-storage, and single tenant investments. All SVN® offices are independently owned and operated. For more information, visit www.urbanproperties.com.
About SVN® The SVN® organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN® brand is comprised of over 1,620 Advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our Advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com. All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchise/.
Boston, MA — (March 4, 2022) — SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, announces the addition of its new franchise office, SVN | Accel Commercial Real Estate headquartered in Brentwood, Tennessee.
Led by Managing Director Jana Truman, SVN | Accel CRE consists of nine experienced brokers, each with specialties, as well as a dedicated operations team. Brian Truman, Jana’s husband, is a nationally recognized expert in multifamily and land sales and has been with the firm since 2016. SVN | Accel CRE is known for their strong multifamily and land/development services, buyer/seller advisory for all asset types including hospitality and investment, and landlord/tenant representation for office, retail, and industrial assets.
“Aligning with SVN amplifies our national coverage while allowing our firm to maintain local accountability,” says Truman. “With SVN’s culture of cooperation, cutting edge tech tools and systems for success, we anticipate tripling in size and revenue within the next two years, as well as adding a commercial property management platform.”
SVN President and CEO Kevin Maggiacomo stated, “As the SVN brand expands across the globe, we are partnering with market leaders who share our vision of a collaborative, open, and transparent approach to commercial real estate. SVN | Accel CRE has long been an impactful leader in the Brentwood area and is a strong addition to this organization. We look forward to growing the SVN presence in Brentwood and beyond.”
About SVN | Accel Commercial Real Estate
SVN | Accel Commercial Real Estate provides integrated real estate and business brokerage services for clients in virtually any market worldwide. No matter the property type or service need, our commercial specialists are committed to your needs. Combining business expertise and unsurpassed market intelligence, SVN | Accel brokers are well-equipped to determine, exceed, and accelerate your business goals. We help our clients create, grow and maintain generational wealth.
About SVN®
The SVN® organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN® brand is comprised of over 1,620 Advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our Advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com. All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchise/.
Boston, MA — (March 1, 2022) — SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, announces the addition of its new franchise office, SVN | Kingside Realty, headquartered in Weslaco, Texas in the Rio Grande Valley region.
Managing Director Zachary Sunderland, a 27-year old commercial real estate broker specializing in multifamily sales and management, established Kingside Realty in 2019. Sunderland brings over five years of multifamily real estate experience to his firm, most recently in commercial sales and management. Mr. Sunderland joins the SVN community as a “one-man shop” with immediate and aggressive growth plans.
“I was introduced to SVN at the exact right time in my career trajectory,” said Sunderland. “This alignment will enhance [Kingside Realty’s] access to unparalleled tools, support, wisdom, and exposure to grow and expand, all of which will allow us to better serve our clients. I’m looking forward to becoming part of the exciting future of commercial real estate.”
SVN President and CEO Kevin Maggiacomo stated, “As the SVN brand expands across the globe, we are partnering with market leaders who share our vision of a collaborative, open, and transparent approach to commercial real estate. SVN | Kingside Realty has long been an impactful leader in the Rio Grande Valley area and is a strong addition to this organization. We look forward to growing the SVN presence in Rio Grande Valley and beyond.”
About SVN® The SVN® organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN® brand is comprised of over 1,620 Advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our Advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com. All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchise/.
Boston, MA — (February 14, 2022) — SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, announces the addition of its new franchise office, SVN | Traditions in New Braunfels, Texas. Led by Managing Directors Steve Rodgers, CPM®, CCIM and Travis Taylor, MAI, CCIM, the firm provides commercial real estate brokerage, leasing, and property management services.
With deep market knowledge in a wide variety of asset types and over 60 years combined experience, most of which has been in the San Antonio market, the team at SVN | Traditions focuses on delivering a memorable full-service experience for their clients.
“While the nature of this business is rooted in the transactional space, we thrive on building lasting relationships,” says Rodgers and Taylor, “not only at acquisition, but throughout the lifespan of the investment.”
“The ability to leverage national resources and expertise at the local level not only adds value to our firm, but also to our current and future clients. We are thrilled to have access to SVN tools and technology so that [SVN | Traditions] can continue to provide the unparalleled service we have always strived to provide.” Rodgers and Taylor believe the future is bright: “Our goal is to know no boundaries. We look forward to unlimited growth, expansion, and opportunity with SVN and we are well-poised to scale our boutique, service-oriented roots with the strength and support of a national platform.”
SVN President and CEO Kevin Maggiacomo stated, “As the SVN brand expands across the globe, we are partnering with market leaders who share our vision of a collaborative, open, and transparent approach to commercial real estate. SVN | Traditions has long been an impactful leader in the New Braunfels area and is a strong addition to this organization. We look forward to growing the SVN presence in New Braunfels and beyond.”
About SVN | Traditions SVN | Traditions provides commercial real estate brokerage, leasing, and property management services in the New Braunfels, TX area. The team at SVN | Traditions has deep market knowledge in a wide variety of asset types and over 60 years of combined experience.
About SVN®
The SVN® organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN® brand is comprised of over 1,620 Advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our Advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com. All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchise/.
Boston, MA — (February 1, 2022) — SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, announces the addition of its new franchise office, SVN | Second Story Real Estate Management in Chattanooga, Tennessee. Led by Managing Directors Tiffanie Robinson and Jill Allen, the commercial brokerage firm specializes in all asset classes including medical, industrial, retail, office, acquisition, and disposition. The firm also has a property management team that specializes in maintenance, accounting, leasing, and project management services for commercial, multifamily, and COA/HOA properties.
Robinson opened the doors to Second Story Real Estate Management in 2017. Now, with an experienced team of thirty employees representing buyers, sellers, landlords and tenants, the firm is backed by the powerful SVN brand. Harnessing SVN’s extensive network, technologies and nationwide opportunities, Robinson and her team look forward to expanding their services far beyond Tennessee.
“We have always operated on a passion for the real estate industry and being stewards for our clients and our community,” says Tiffanie Robinson, Managing Director, Founder, CEO and Principal Broker. “We are heavily focused on customer service and enhancing the experience for clients, owners and tenants of the properties we manage.”
For the Chattanooga team, the desire to join SVN is rooted in the organization’s unique culture and core values. “We believe that transparency, shared knowledge and collaboration are the keys to growth and success,” said Robinson, “[SVN’s] values serve as a strong foundation for the operations and mission of Second Story Real Estate Management. We are growth minded, because we know if we are growing, we are having greater impacts on the communities we serve.”
SVN President and CEO Kevin Maggiacomo stated, “As the SVN brand expands across the globe, we are partnering with market leaders who share our vision of a collaborative, open, and transparent approach to commercial real estate. SVN | Second Story Real Estate Management has long been an impactful leader in the Chattanooga area and is a strong addition to this organization. We look forward to growing the SVN presence in Chattanooga and beyond.”
About SVN | Second Story Real Estate Management: SVN | Second Story Real Estate Management provides innovative solutions through customized service and the highest level of expertise. The firm offers commercial real estate services as well as property management solutions to serve as an all-in-one package for their clients. SVN | Second Story Real Estate Management is equipped to work with all multifamily and commercial communities from both property management and real estate perspectives. Visit www.secondstory.properties to learn more.
Instagram: @secondstoryproperties Facebook: Second Story Real Estate Management; @secondstoryproperties
About SVN®:The SVN® organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN® brand is comprised of over 1,620 Advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our Advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com. All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchise/.
SVN | Desert Commercial Advisors completed the sale of an approximately 101-acre industrial site in Mesa at the northwest corner of Sossaman Rd. and Warner Rd. The property was acquired from the Morrison family for $27,500,000 by an entity controlled by Wharton Industrial, a New York-based real estate investment and development firm, and Madison Ventures Plus, a Colorado-based private equity group.
Wharton Industrial plans to develop The HUB@202, a master-planned 1.5 million-square-foot industrial park spanning 11 buildings ranging in size from 50,000 SF to 275,000 SF. Construction is anticipated to commence in Q2 2022. The project was designed by Ware Malcomb with the modern industrial tenant in mind featuring a variety of clear heights, tenant divisibility, bay sizes, with ample truck and car parking.
Financing for the project was provided by MSD Partners, L.P., which was formed in 2009 by the partners of MSD Capital, L.P., the family investment office for Michael Dell, Founder & CEO of Dell Technologies. This acquisition marks the first project for Wharton Industrial in the Arizona Market.
Dylan Sproul and Paul Borgesen of SVN | Desert Commercial Advisors negotiated the transaction on behalf of the buyer. Dylan Sproul stated, “[We are] very pleased with the execution by all parties in this transaction. It is great to see the continued demand for industrial investment opportunities by out-of-state investors.”
About SVN | Desert Commercial Advisors
SVN | Desert Commercial Advisors is a full-service commercial real estate services firm providing comprehensive expertise in investment brokerage, leasing, landlord/tenant representation, analysis/valuation, and market research. SVN | Desert Commercial Advisors specialize in multifamily, industrial, retail, office, medical/dental, restaurant, and land/development. Visit their website at www.SVNDesertCommercial.com for more information.
About SVN®
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN brand is comprised of over 1,600 advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com.
Real Leaders is thrilled to announce its 200 Top Impact Companies from around the world. Among thousands of companies considered, Real Leaders has selected SVN International Corp. (SVN), a full-service commercial real estate franchisor of the SVN® brand, as a top 200 company in the global impact economy. SVN will be honored at the 2022 Real Leaders Impact Awards global event on February 24th, 2022.
These awards honor companies that exemplify a new vision of capitalism – one that recognizes that doing good and adhering to key international sustainable development goals is also good for profits and growth. Real Leaders has developed the “Force for Good” score to analyze and rank each company’s positive impact, which uses metric data from key social impact assessments as well as company growth and revenue figures to calculate their score.
“Business leaders across the globe are rapidly discovering that to be competitive – and to grow and thrive – they must forgo shortsighted thinking in favor of a farsighted vision that takes into account their company’s social and environmental impact,” said Mark Van Ness, Founder of Real Leaders. “We are excited to welcome new and old companies alike to the impact movement, and into the Real Leaders Impact Awards community.”
SVN has been leading the industry in seeking more diversity and creating a platform that is inclusive for all. As a result, between 20-30% of SVN’s new advisors are women or people of color — nearly double the industry average.
“SVN is honored to be recognized by Real Leaders among other exemplary companies driving meaningful social impact,” said Kevin Maggiacomo, SVN President & CEO. “Operating at the intersection of people and profit serves to elevate all of humanity while delivering economic value to SVN’s stakeholders. We look forward to continuing to pursue exponential growth through this vision of capitalism.”
The 2022 list features a mix of respected impact brands of all sizes and from a variety of industries. SVN joins powerful global brands such as Tesla, Microsoft, Johnson & Johnson, Etsy, and Patagonia as winners of this prestigious award. Click here to view the Impact Awards Rankings.
A virtual ceremony will be held on February 24, 2022, to honor the winners and will feature a keynote from Peter Diamandis, founder and executive chairman of the XPRIZE Foundation and executive founder of Singularity University.
ABOUT REAL LEADERS
Real Leaders is a membership community for impact leaders with a global media platform dedicated to driving positive change. It’s on a mission to unite farsighted leaders to transform our shortsighted world. Founded in 2010, Real Leaders recognized early on that businesses bore a responsibility to be as cognizant of their impact on employees, society, and the planet as they are on their bottom line. Real Leaders is a B Corporation, member of the UN Global Compact, and is independently owned.
The SVN® organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN® brand comprises over 1,620 Advisors and staff in more than 200 offices across the globe in six countries. Its brand pillars represent the transparency, innovation, and inclusivity that enables its Advisors to collaborate with the entire real estate industry on behalf of their clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create amazing value with their clients, colleagues, and communities. For more information, visit www.svn.com. All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchise/.
LinkedIn: SVN® International Corp. Instagram: @svninternationalcorp Twitter: @SVNic Facebook: @SVNIC
Boston, MA — (January 3, 2021) — SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, announces the addition of its new franchise office, SVN | Real Estate Associates. Led by Managing Directors Seth Jernigan and Carey Greene, the Durham-headquartered firm provides commercial brokerage and property management services, as well as residential property management services, in North Carolina’s Triangle region and beyond.
“After 54 years of growth and success as an independent firm,” Jernigan said, “we are excited that joining SVN allows us to maintain local ownership and independence and, at the same time, add the strength and resources of an international brand and network. The [North Carolina] Triangle region is poised for explosive growth over the next decade and we are better positioned than ever to play a leading role in its transformation. The timing of this alignment could not be better.”
On REA’s joining the network, SVN’s President and CEO Kevin Maggiacomo said, “As the SVN brand expands across the globe, we are partnering with market leaders who share our vision of a collaborative, open, and transparent approach to commercial real estate. REA has long been an impactful leader in Durham and the Triangle region and is yet another strong addition to this organization. We look forward to growing SVN | Real Estate Associates presence in North Carolina’s Triangle area.”
About SVN | Real Estate Associates: REA is one of the oldest and most well-respected real estate companies serving North Carolina’s Triangle market. For more information, please visit www.www.svn-rea.com.
About SVN®: The SVN® organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN® brand is comprised of over 1,620 Advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our Advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com. All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchise/.
Boston, MA — (December 1, 2021) — SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, announces the addition of its newest franchise office, SVN | Core 3 Commercial Real Estate. Led by Managing Director Mark Fetzer, the firm provides property management and brokerage services in Bloomington, IL and surrounding areas.
Through this new strategic partnership, SVN | Core 3 Commercial Real Estate has goals to grow both their brokerage and management offerings. “Partnering with SVN is essential for our future growth,” says Fetzer. “We look forward to expanding our reach to help serve our clients better.”
Fetzer and his team are excited to partner with SVN to grow their presence in Bloomington and beyond by leveraging SVN’s global platform, vast technological tools, and strong brand reputation as one of the most powerful brokerage firms in the United States.
Kevin Maggiacomo, President & CEO of SVN, commented, “As the SVN® brand expands across the globe, we are partnering with market leaders who share our vision of a collaborative, open, and transparent approach to commercial real estate. SVN | Core 3 Commercial Real Estate has long been an impactful leader in the Bloomington market and is yet another strong addition to the organization. We look forward to rapidly growing the SVN presence and culture in Bloomington, IL.”
The SVN® organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN® brand is comprised of over 1,620 Advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our Advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com. All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchise/.
Boston, MA — (October 14, 2021) — SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, announces the addition of its newest franchise office, SVN | J. Beard Real Estate – Greater Houston. Led by Managing Director Jeff Beard, CCIM, the firm’s services encompass leasing, brokerage, site acquisition, property management, development, consulting, and landlord/tenant representation services.
Headquartered in The Woodlands, Texas, located north of Houston, The J. Beard Real Estate Company was established in 2003 and is now one of the top commercial real estate brokerage firms and an industry leader in the Greater Houston area.
“On the heels of our 18th anniversary, the timing for this strategic alignment couldn’t be more ideal,” says Beard. “Our team is stronger than ever. We have grown over the years despite challenges like the ’08 financial crisis, dramatic swings from the local economy’s energy sector, natural disasters, and most recently the global pandemic. Each and every time, our team pulled together and has emerged bigger and better.”
Beard continued, “It is important to note that the ownership and the client-centered culture of our firm haven’t changed. We will continue to have the same boutique focus on quality relationships with the same core values that our team embraces. This exciting alignment with SVN International will enhance our access to CRE resources, create new business growth options, and professional growth for our associates, all of which will help provide more ways to better serve our clients. We have the same ownership, the same market expertise delivered by the same entrepreneurial, boutique company, but now with a bigger, broader national and international reach.”
Kevin Maggiacomo, President & CEO of SVN, added, “As the SVN® brand expands across the globe, we are partnering with market leaders who share our vision of a collaborative, open, and transparent approach to commercial real estate. SVN | J. Beard Real Estate has long been an impactful leader in Greater Houston and is yet another strong addition to the organization. We look forward to rapidly growing the SVN presence and culture in Houston, TX.”
The SVN® organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN® brand is comprised of over 1,620 Advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our Advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com. All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchise/.
Boston, MA — (September 30, 2021) — SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, expands its footprint in Northeast Ohio with the grand opening of its new Cleveland-based office. Jerry Fiume, SIOR, CCIM, the Managing Director of SVN | Summit Commercial Real Estate Advisors, and fellow SVN Broker Victor (Vic) S. Voinovich, CPA are partnering to deepen their services in the region.
Fiume’s franchise, SVN | Summit Commercial Real Estate Group, LLC, has grown exponentially over the last five years, bringing over 35 years of experience in development, management, appraisal, and brokerage in most of the commercial property and service types. Together, Vic Voinovich and Jerry Fiume have been collaborating on transactions throughout Northeast Ohio for the past five years. Fiume has a team of 13 advisors specializing in hospitality, industrial, land, multi-family, office, self-storage, retail, and more.
“Vic and I are both driven by two things: strong relationships and expertise for our clients,” states Fiume. “This [expansion] not only differentiates us in the commercial real estate marketplace, but it also makes for a natural collaboration. Expertise and relationships informed our past and will drive our future growth.
”Combining Voinovich’s 40+ years of handling commercial real estate transactions in Northeast Ohio with Fiume’s 35+ years of experience will provide a full range of commercial real estate services to the Cleveland market. SVN | Summit Commercial Real Estate Advisors intend to leverage their experience and knowledge of Cleveland and Northeast Ohio to support this joint operation and resources for the benefit of their combined client base.
“As the SVN® brand grows across the globe, we are partnering with market leaders who share our vision of a collaborative, open approach to commercial real estate,” said Kevin Maggiacomo, President & CEO of SVN. “SVN | Summit Commercial Real Estate’s new office in Cleveland, OH is a strong addition to SVN and we look forward to rapidly growing the SVN presence and culture in the Cleveland market.”
According to Fiume, the SVN Advisors will now be able to more deeply support the full Northeast Ohio region. For more information, please visit svnsummitcommercial.com.
About SVN:
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN brand is comprised of over 1,620 advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com.
All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchise/.
Shoregate Partners, LLC, an Easton, MD-based investment group is pleased to announce the acquisition of a 1,130-unit, 3-property self-storage portfolio for $11,400,000.
Shoregate was represented by Brandon Heaver of SVN | Miller Commercial Real Estate, and the seller was represented by Mike Patterson of Commercial Realty Services of West Georgia. Initially, only two sites were marketed, but the buyer’s agent was able to procure a third, larger site through a creative structure that solved a financing issue encumbering the additional property.
Shoregate’s Principals have more than 20 years of combined experience managing more than 1,000,000 SF of commercial real estate between several states. The company’s hands-on approach to the evaluation, valuation, and management of assets throughout the country has led to its rapid growth over the past several years.
Shoregate is actively seeking to acquire scale in warehouse and self-storage assets throughout the Mid-Atlantic and Southeast, United States. Property owners are encouraged to reach out to Brandon Heaver at SVN | Miller Commercial Real Estate if interested in selling. Brandon can be reached at brandon.heaver@svn.com or 443.214.6376.
About SVN | Miller Commercial Real Estate:
SVN | Miller Commercial Real Estate, with offices in Salisbury, MD, Bethesda, MD, Easton, MD, Seaford, DE, and Onley, VA is a financial services firm specializing in commercial real estate. SVN provides advisory, brokerage, consultation, leasing and asset, and property management services to clients in the Mid-Atlantic region.
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN brand is comprised of over 1,600 advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com.
All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchising-opportunities/.
Boston, MA — (July 19, 2021) — SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, announces the addition of its newest franchise office, SVN | Efird Commercial Real Estate based in Wilmington, NC. Led by Managing Director & Owner, Frank Efird Jr, the new office provides full-service commercial real estate brokerage services throughout the Wilmington, NC area.
SVN | Efird Commercial Real Estate offers its expertise in Retail, Industrial, Office, Multi-Family, Land Development, and 1031 Exchanges. Through this new strategic partnership, the entire SVN | Efird Commercial Real Estate team gains unlimited access to industry leading-edge commercial real estate tools, technology, and systems that maximize clients’ time and return.
“Our top priority is getting the most value for our clients and we believe national exposure via a top commercial real estate brand that markets to the entire brokerage community is the way to get it,” says Frank Efird Jr. “With SVN we gain expanded visibility and marketing dexterity to deliver the best value possible no matter the geography or asset class. We now not only reach a business owner across town but an investor across the globe.”
In 2021, Efird and team want to grow their commercial practice and view their partnership with SVN to be a crucial component of that growth plan. The team at SVN | Efird Commercial Real Estate looks to SVN’s unique collaborative model and state-of-the-art tools to grow and expand its franchise.
“As the SVN brand grows across the globe, we are partnering with market leaders who share our vision of a collaborative, open approach to commercial real estate,” said Kevin Maggiacomo, President & CEO of SVN, “SVN | Efird Commercial Real Estate is another strong addition to SVN and we look forward to rapidly growing the SVN presence and culture in the Wilmington market.”
Frank Efird and his team are looking forward to a long and successful relationship of growth and prosperity for SVN, SVN | Efird Commercial Real Estate, and the entire Wilmington, NC area.
About SVN:
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN brand is comprised of over 1,600 advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues and communities. For more information, visit www.svn.com.
APEX Top National Producer Awarded by NAR’s Realtors Land Institute (RLI) for Saunders’ Transactions Totaling More Than $126 Million Last Year
LAKELAND, FL, March 29, 2021 – Dean Saunders, ALC, CCIM, founder, managing director & senior advisor of SVN | Saunders Ralston Dantzler in Lakeland, FL, received the REALTORS Land Institute (RLI) APEX Awards program’s most coveted and prestigious award, the APEX 2020 Top National Producer.
The award recognizes the applicant with the highest overall qualifying transaction volume across the nation. This is the second time Saunders earned the top honor among national land brokers, winning the award in 2018. The awards program is four years old.
The APEX Awards Program administrators reviewed 2020 sales by RLI-affiliated land agents totaling a combined $3.5 billion in qualifying transaction volume from 140 applicants. Saunders earned the honors based on transactions totaling more than $126 million in 2020.
Saunders was also recognized as an APEX 2020 Top 20 Producer. He received awards from RLI CEO Aubrie Kobernus, MBA, RCE, as well as The Land Report’s Co-founder Eric O’Keefe on Wednesday, March 17, during RLI’s 2021 Virtual National Land Conference.
“We are proud of Dean and all of our members that were recognized for their accomplishments in 2020,” Kobernus said. “They truly are the crème of the crop when it comes to land real estate professionals.”
Saunders was also recently received other professional recognitions, including:
For performance in 2020, he was the #2 advisor in SVN® among 1,620 advisors and #1 advisor in Florida among 198 advisors, earning the SVN® Partners Circle award.
Dean received the 2020 National Association of Realtors (NAR) National Commercial Award for exceptional service and contributions to the industry.
In 2020, Dean was named to the Florida Trend Florida 500 list for the second year in a row.
About SVN International Corp.
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN brand is comprised of over 1,600 advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com.
All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit svn.com/franchising-opportunities/.
SVN International Corporation has been named to the Real Leaders Top 100 list for 2021, a global ranking comprising the world’s top 150 mission locked organizations solving business problems in socially constructive ways. Among thousands of companies considered, SVN ranked in the top 20 and will be honored at the 2021 Real Leaders Impact Awards held on January 27th, 2021. SVN is a co-sponsor of the virtual awards ceremony.
The Real Leaders Impact Awards honors the top impact companies applying capitalism for greater profit and greater good. The annual global ranking of positive impact companies that are driving social impact in all major sectors of the economy recognizes companies with “a new vision of what the world should look like and who should benefit.” They show what business can achieve when we align positive growth with social impact.
Click here to view SVN and other top impact companies in the Real Leaders Virtual Awards 2021 digital magazine.
SVN | Doug Carter LLC one of the nation’s premier investment real estate brokerage firms, has completed the sale of the Park at Whispering Pines, a 207 unit apartment community built in 1974, at 3030 E. Fountain Boulevard in Colorado Springs, Colorado for $26.47 million.
Doug Carter of SVN | Doug Carter LLC represented the seller in this transaction. He also represented the family when they acquired the investment in 1987. The Park at Whispering Pines is a “best of class” community that attracted multiple buyers. Competing buyers resulted in a sale price above the asking price and a short five-week period from list to close. The Park at Whispering Pines is well situated to benefit from the emerging economic growth in Southeast Colorado Springs related to the new U.S Space Force and support companies. Other military commands at Peterson AFB and the Colorado Springs Airport are also nearby.
SVN is the only major commercial real estate brand that proactively markets all of its qualified properties to the entire brokerage and investment community. Participating in approximately $12.1 billion in sales and leasing transactions in 2020, SVN Advisors shared commission fees with co-operating brokers in order to close more deals in less time and at the right value for clients. Advisors also reap the benefits of our SVN Live® Weekly Property Broadcast, cloud-based leading-edge technology, and national product councils. This open, transparent and collaborative approach to real estate is the SVN Difference.
About SVN | Doug Carter LLC:
SVN | Doug Carter LLC is an independently owned and operated SVN® office located in Colorado Springs, Colorado. Doug Carter is the apartment market expert with nearly 40 years of experience in multi-family brokerage, market research, apartment management, and ownership services. Carter has sold over 1/3 of all 10+ unit apartment complexes in the Colorado Springs market.
For over 35 years, Carter has surveyed and reported the city’s rents, vacancies, and sales trends. Now published as APARTMENT INSIGHTS, this quarterly report is the most thorough and reliable multi-family research on the Colorado Springs apartment market. Contributions to his community and industry include twice being elected board president of the Apartment Association of Southern Colorado. He is also a past board president of Partners in Housing, a transitional housing program for homeless families. Additionally, Carter was treasurer of the Trails, Open Space and Parks Political Action Committee.
About SVN:
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN brand is comprised of over 1,600 advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com.
All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchising-opportunities/
SVN | Saunders Ralston Dantzler Real Estate founder negotiated Florida’s largest conservation property purchase in more than a decade.
Dean Saunders, the managing director and founder of Lakeland-based SVN | Saunders Ralston Dantzler Real Estate, last month negotiated the state’s largest purchase of conservation land in more than a decade.
Florida’s Department of Environmental Protection acquired the Bluffs of St. Teresa property for $43 million. The 17,080-acre tract on the Gulf of Mexico, in the state’s Panhandle, features 17 miles of waterfront land and borders the state-owned Bald Point State Park and Tate’s Hell State Forest.
The property also represents one of the largest tracts of undeveloped land in Florida on the Gulf Coast.
As part of the purchase, The Nature Conservancy chipped in $2.25 million and the U.S. Department of Defense, which operates several Air Force bases in the region, contributed $2.19 million.
For the state, the Department of Environmental Protection (DEP) and Gov. Ron DeSantis’ former deputy chief of staff played key roles, Saunders notes.
“This was a rare opportunity to preserve an absolute gem of a property for posterity for the citizens of Florida,” says Saunders, who was a top aide to former Florida Gov. Lawton Chiles and also served in the Florida House of Representatives from 1992 until 1996.
“The state owns the land on either side of this tract, which is also known as St. James Island, so it just made sense for them to buy this piece, as well.”
Saunders represented Ochlockonee Timberlands LLC, an affiliate of Salt Lake City-based AgReserves, in the transaction. AgReserves is a for-profit arm of the Church of Jesus Christ of Latter-day Saints, which is more commonly known as the Mormon Church.
AgReserves affiliates acquired a total of 382,000 acres in the panhandle — including the Bluffs of St. Teresa —in early 2014 from The St. Joe Co. for $565 million, according to reports at the time. The land is spread across eight Florida counties.
Florida’s DEP notes in a statement that the “milestone” purchase provides “benefits to climate resilience,” preserves rivers and lakes that are “critical to water quality, quantity and the health of the region’s aquaculture” and safeguards animals’ habitat.
The Bluffs’ deal isn’t the only conservation-rated deal that Saunders, who has been recognized as one of the top land brokers nationwide by the Realtors Land Institute, has done of late. In Polk County, in the 560,000-acre Green Swamp area, he negotiated a conservation easement for 713 acres known as AVT Ranch for $1.1 million.
Since its formation in 1996, Saunders Ralston Dantzler has completed transactions valued in excess of $3 billion.
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN brand is comprised of over 1,600 advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com.
All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit svn.com/franchising-opportunities/.
Transparency and openness have long been hallmarks of the SVN culture and business model. Embracing and fostering inclusivity drives our approach to practicing commercial real estate, which is rooted in proactively cooperating and collaborating with our colleagues, communities, and even our competitors. It is this shared vision that enables SVN to create more value for our clients — 9.6% more value, to be exact.
We recently held our quarterly “JumpIN” event, which is designed to acclimate and welcome new-to-SVN advisors to the systems, tools, resources and culture inherent in the organization. Today, we’re pulling back the curtain and inviting you in to one of our internal JumpIN training sessions. And in the open and transparent manner in which SVN operates on all fronts, we’re giving you a closer look at how we train and develop our SVN advisors and staff.
The commercial real estate industry is rapidly growing and constantly evolving, driven by powerful, transformative trends in technology, consumer behavior, culture and more. In such a dynamic, mercurial and competitive industry, it’s critical now more than ever to build a strong point of differentiation that helps an SVN advisor stand out as the advisor of choice.
So, what makes one commercial real estate advisor stand out from another? As a CRE broker, what can you offer that your competition can’t (or won’t)? How do you become truly different? And, ultimately, how do you leverage your point of differentiation to create more value for your clients, colleagues, and communities?
These were some of the questions that led to the creation of what we call The SVN Difference.
One of the most profitable commitments SVN advisors can make is to become a champion of understanding and articulating all components of the SVN Difference. Just as its name implies, The SVN Difference is the strongest differentiating value proposition that SVN advisors have — it’s the sharpest tool in the toolkit.
Democratizing commercial real estate information to bring greater transparency to the marketplace is receiving an abundance of attention today – our company and the SVN Difference were built on this idea in 1987.
Our forward-thinking, innovative approach early on positioned SVN to be on the bleeding edge of technology in CRE. For 30 years we have pioneered the development of online collaboration platforms, allowing us to deliver better results for our clients. In fact, SVN was the first firm in the industry to connect our offices in the southwest via a local area network. Later, SVN developed the industry’s first online publishing platform, known today as Buildout. Today, we’ve opened up our weekly in-house sales meeting, SVN Live, to anyone who wishes to participate.
So, what does all of this mean?
It means that SVN was built to be future-proofed.
It means that SVN was built to deliver better results.
It means that SVN was built to last.
The commercial real estate brands with whom SVN competes are all themselves competing on size and breadth. Whether it’s the highest number of brokers, greatest number of markets served, or the most access to data — they are all issuing the same narratives. It is therefore our job as SVN advisors to effectively articulate our compelling point of difference and demonstrate what we can do that the competition cannot.
It’s important to keep in mind that the SVN business model is rooted in openness and transparency in conjunction with a fee sharing model, which ensures that we’re putting our money where our mouths are.
Unfortunately, SVN is the exception — not the rule. But it’s our mission to change that.
It’s rare for the industry to step back and question the soundness and integrity of industry business models of which they are a part and ask, Why do things work this way?, Why do other industry brokerage models fly in the face of fundamental economics? For instance, today, more than 80% of investment sales transactions are double ended (e.g., the same broker who lists the property also finds the buyer). This happens in an environment where more than 65% of all buyers come from out of state, and more than half the buyers can be categorized as new or unlikely buyers. These buyers are not in any one broker or brokerage firm’s database.
This begs the question: Are the seller’s interests placed first, or are the broker’s (and his/her quest to earn twice the fee)?
Upon close inspection of the commercial real estate industry, you’ll see clear points of differentiation between SVN and its global competitors. Exemplary SVN advisors understand that the key to success is mastering these differences and leveraging them to offer clients something the competition is unwilling or unable to offer.
Models like SVN, which embrace automation, collaboration and cooperation, are uniquely positioned to take market share in this era of change, as client behaviors and expectations evolve. SVN advisors have a tremendously powerful competitive differentiating value proposition to bring to the table.
SVN advisors are part of a brand that offers something completely different from what any local, regional, or national firm is offering. This is the SVN Difference. And this difference is what ultimately creates 9.6% more value for our clients.
Now that’s a tremendously powerful competitive advantage.
About SVN:
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN brand is comprised of over 1,600 advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com.All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchising-opportunities/
SVN International Corporation (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, is pleased to announce and welcome a new Executive Vice President of Growth, Leslie Bateman.
SVN’s current Chief Growth Officer, George Slusser, plans to retire by the end of 2020; Slusser will pass the baton to Bateman, who will oversee SVN’s growth and expansion plans.
Bateman will be responsible for the execution of all external growth strategies at SVN and will be responsible for designing and driving the company’s second wave growth initiative.
“We are thrilled to have Leslie on board,” said SVNIC President and CEO, Kevin Maggiacomo. “Her background in tech platforms and services as product businesses lends exceptionally well to SVN’s mission to disrupt and optimize the CRE brokerage industry.”
“I am incredibly excited to join the team at SVNIC, especially at such a pivotal time for the industry. The potential to amplify growth is extraordinary,” said Bateman.
Bateman joins SVN from Uber, where she was a founding member of the Uber for Business team, Uber’s first global B2B Sales team and Enterprise offering, as well as the pioneer behind the Uber for Business Real Estate offering, which focused on the application of Uber technology with the real estate industry to enable property owners and managers to attract and retain tenants through transportation innovations. Prior to her time at Uber, Bateman spent 12 years in New York in strategy and sales across Technology, Pharma, and Financial Services industries.
A proponent of advancement through disruption, Bateman is particularly passionate about bringing forward progression to the rapidly evolving commercial real estate industry through technology and innovation. She is a strong supporter of fostering women’s involvement in leadership and within the real estate industry. Bateman lives outside of Boston, MA with her husband and two daughters.
About SVN International Corp.
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN brand is comprised of over 1,600 advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com.
All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit svn.com/franchising-opportunities/.
SVN International Corporation (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, was ranked number one on the list of the Fastest-Growing Multifamily Property Management Companies in 2020 by Multi-Housing News (MHN).
The MHN rankings reflect SVNIC’s strategic growth from 2017 through 2019. During this time, SVNIC increased its management portfolio from just under 6,000 units in 2017 to over 18,600 units, marking a remarkable annual portfolio growth rate of 81.6%.
“We are deeply committed to the exponential growth of our customized asset and property management businesses and to delivering a total support system to both our private and institutional clients.” said Kevin Maggiacomo, President & CEO of SVN.
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues, and our communities. The SVN brand is comprised of over 1,600 advisors and staff in more than 200 offices across the globe in six countries. Our brand pillars represent the transparency, innovation, and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues, and communities. For more information, visit www.svn.com.
All SVN offices are independently owned and operated. To learn more about becoming an SVN commercial real estate business owner, visit http://www.svn.com/franchising-opportunities/.
SVN International Corporation (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, announces the addition of Mobile-based SVN | Toomey Property Advisors.
With over 12 years in the industry, managing director Justin Toomey has experience in every aspect of the commercial real estate business. As Justin’s client base and service offerings continue to expand, he has started to grow his team to maintain his high standards of service for his clients. SVN | Toomey Property Advisors specializes in tenant representation, landlord representation and investment sales.
Justin Toomey, Managing Director SVN | Toomey Property Advisors
“I joined the SVN brand for the culture, network and great reputation,” said Justin Toomey. “Having a strong national network for our tenant and landlord representation services is extremely valuable for our clients across the country.”
“Justin and his team are a great addition to the Mobile market and SVN as we share the same vision and dedication to the culture” said SVN’s Vice President of National Franchise Sales and Development Marc Seinfeld.
SVN International Corporation (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, announces that it has added College Station, Texas-based Riverstone Commercial Real Estate to its franchise roster. Going forward, the new venture will operate as SVN|RIVERSTONE COMMERCIAL REAL ESTATE.
Founded in 2017, SVN | RIVERSTONE COMMERCIAL REAL ESTATE is led by Founding Partners and Managing Directors Jim Jones and Jess Buenger. The rapidly expanding firm offers brokerage and advisory services to buyers, sellers, landlords, and tenants across the central Texas markets. SVN | RIVERSTONE COMMERCIAL REAL ESTATE also provides consultancy services on investments and development projects. More information about the firm is available at svnriverstone.com
“SVN | RIVERSTONE’s top priority is getting the most value for our clients. With SVN, we gain expanded visibility and marketing dexterity to deliver the best value possible no matter the geography or asset class,” said Managing Director Jim Jones. “Now, we not only reach a business owner across town, but an investor across the globe.”
“Even prior to our official announcement of our partnership with SVN, we have collaborated on deals sourced through SVN offices in Las Vegas, Chicago, Florida, Austin, and the Northeast,” added Managing Director Jess Buenger. “This partnership has expanded our reach tremendously.”
“In SVN | RIVERSTONE, we have found a firm with a natural fit to our SVN culture that puts clients first, said Marc Seinfeld, SVN’s Vice President of National Franchise Sales and Development. “We are delighted to work with SVN | RIVERSTONE and increase our presence in Texas.”
About SVN International Corp.
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues and communities. Currently, SVN comprises over 1,600 advisors and staff working in more than 200 offices across the globe. SVN’s brand pillars represent the transparency, innovation and inclusivity that enable all our advisors to collaborate effectively with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create outsize value for all stakeholders. For more information, visit www.svn.com.
Boston, MA (July 29, 2019) – SVN International Corporation (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, announces that Florida-based SVN Saunders Ralston Dantzler Real Estate has become the company’s newest franchise. The team at SVN Saunders Ralston Dantzler will join the 100+ other SVN Advisors working under the SVN Florida umbrella.
Based in Lakeland, Florida, SVN Saunders Ralston Dantzler Real Estate consists of two newly-merged sister companies: Saunders Real Estate and Saunders Ralston Dantzler Realty. The former brokers land and agricultural properties in Florida and southern Georgia, while the latter deals in traditional commercial real estate across Florida’s I-4 corridor. The firm is helmed by its founder Dean Saunders, ALC, CCIM, and Managing Partners Gary M. Ralston, CCIM, and R. Todd Dantzler, CCIM. All three have distinguished real estate careers and are recognized experts in the field.
The addition of SVN Saunders Ralston Dantzler Real Estate strengthens SVN’s overall brand and scope of offerings in Florida, especially along the I-4 corridor. It also brings significant expertise to the SVN Florida Land Alliance, a collaborative group of SVN Advisors focused on commercial land across the entire state.
“This move to SVN greatly benefits everyone involved, and we’re excited about the prospects,” said Founder and Owner Dean Saunders. “It helps our Advisors expand their influence in the state as they take advantage of SVN’s culture of collaboration. In addition, our new unified brand increases the marketing power of both our land and commercial businesses.”
“Having these outstanding professionals on board bolsters SVN’s ability to best serve clients in Orlando and surrounding markets, and provides us with additional proficiency in land, land management, agriculture, timber and related commercial real estate,” said Jerry Anderson, CCIM, executive managing director of SVN Florida.
This news release is available online on GlobeNewswire.
This ranking is an all-time high for SVN, and marks a jump up from #12 in 2015.
In the same ranking, SVN also appears on the “Top 10 in Sales” list.
“We are regularly competing – and winning – against the publicly traded firms ahead of us in the rankings. A clear product of several of the SVN Core Covenants… ” said SVN President & CEO Kevin Maggiacomo. “As a company, SVN is on a fast track path to becoming the billion dollar company we know we can be, and this empirical data is proof positive of that.”
SVN® EXPANDS INTO NEW YORK CITY WITH INVESTMENT IN CPEX REAL ESTATE
Boston, MA (July 1, 2019) SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, has invested in New York City-based CPEX Real Estate. With this new venture, which is the third acquisition in SVN’s growth strategy plans, SVN will provide the platform and capital that will allow CPEX to expand more aggressively in the New York City metro area. CPEX Real Estate will rebrand and launch as SVN |CPEX in July, 2019.
The transaction between SVN and CPEX was completed in June and was negotiated by SVN President and CEO Kevin Maggiacomo, and CPEX’s founder and Managing Director Timothy D. King.
“SVN’s investment into CPEX is part of our larger growth strategy across the country,” said SVN President and CEO Kevin Maggiacomo. “CPEX’s focus on growth, along with its collaborative and client-centric approach, presented the right firm for investment and growth in New York City.”
“This investment provides our firm the rocket fuel for growth,” said CPEX Founder and Managing Director Timothy D. King. “It gives us the best of both worlds— we can continue to be nimble and entrepreneurial, while benefiting from the improved tools, capital, and network of SVN’s global brand.”
SVN continues its global expansion with the opening of its newest office in Australia. Here’s the news release:
SVN LAUNCHES PARTNERSHIP WITH AUSTRALIA’S THE VICUS PROPERTY GROUP
SVN Perth is Newest SVN International Office
Boston, MA (June 10, 2019) SVN International Corporation, a Boston-based global commercial real estate company, announced today its newest international venture, and its entry into the Australian commercial real estate market, through a partnership with Perth, Australia-based The Vicus Property Group. The new entity will be known as SVN Perth. The partnership was formally launched at an invitation-only ceremony in Perth on June 5, 2019.
SVN Perth incorporates commercial management, sales and leasing divisions. The head office in Perth will be SVN’s first office in Australia. Current plans foresee expansion to all of Australia’s states over the next few years. More information is available at the SVN Perth website.
Present at the launch ceremony was SVN President and CEO Kevin Maggiacomo, who has led SVN to become one of the fastest growing private companies in the United States. Maggiacomo has also been instrumental in expanding SVN’s footprint internationally, including with the recent establishment of SVN Romania.
“The new partnership between SVN and The Vicus Group is possible because of our shared core values, which place collaboration, transparency, and clients’ interests at the forefront of all we do,” said Kevin Maggiacomo. “Our alliance with The Vicus Group establishes SVN’s presence in Oceania, further solidifying our global expansion, and establishing a gateway to further growth in Asia, creating new opportunities for clients throughout the region.”
“SVN’s progressive business model and ambition is a natural fit with the Australian market,” said The Vicus Group’s Managing Director Joseph Rapanaro. “SVN is one of the United States most recognized commercial real estate brands, and we are honored that they have chosen us as their Australian representatives.”
Duke Long just came out with his 2019 list of the Top 50 Commercial Real Estate Blogs You Must Read, and SVN’s blog is number six on the list! The list showcases a wide range of fantastic CRE-related blogs, covering everything from research sources to vendor information to association news. SVN is indeed in great company.
In case you’re not one of his thousands of Twitter followers, you should know that Duke Long, a New York-based commercial real estate broker, is one of the CRE industry’s most popular bloggers. He’s been putting out his list of top 50 must-read CRE blogs for the past several years.
We are tremendously proud to be included this year, and will continue to bring you lots of must-read blog posts with CRE tips, career advice and other useful information.
Diane Danielson Writes that Inclusion and Diversity will give CRE a Competitive Edge
To better understand and deal with the serious demographic challenges facing the commercial real estate industry, including an aging workforce, SVN’s COO Diane K. Danielson has written a white paper about the need for diversity and inclusion in the industry.
Numerous studies have shown that a diverse workforce provides many benefits, including improved problem-solving and better financial performance. Yet, as an industry, commercial real estate has lagged in attracting women and minorities to its ranks. Ms. Danielson’s paper delineates why diversity when coupled with inclusionary efforts offers so many competitive advantages, and provides specific ideas on how to achieve it.
“The world is changing, and commercial real estate needs to keep up if it is to remain competitive and viable. Diversity is not a ‘check the box’ human resources assignment. Companies need to take concrete steps to make their workplaces more inclusive and open to a diverse workforce.”
Diane Danielson
Diane K. Danielson, who has been COO at SVN since 2012, has spent the majority of her twenty-five year career as an advocate for women. This past April, CREW Boston recognized Ms. Danielson for her work in promoting women in the industry with its 2019 Leadership Award.
Read the press release about the white paper here.
There’s been a whole lot going on in the past month throughout SVN, including the opening of a new international office, industry awards, and office expansions.
Diane Danielson honored with 2019 Leadership Award by CREW Boston
Diane Danielson and Kevin Maggiacomo at CREW Boston Awards Ceremony
During a ceremony on April 24, SVN’s COO Diane Danielson received the 2019 Leadership Award for her efforts in encouraging diversity and inclusion in the commercial real estate industry. Check out CREW Boston’s Twitter feed to see more pictures and commentary about the awards.
SVN opens its first office in Romania
SVN recently opened Bucharest-based SVN Romania, its newest international office. SVN Romania will be headed by CEO Andrei Sarbu and his partner Ionut Nicolescu, two real estate consultants with nearly two decades of real estate and sales experience. The company will have both a commercial (office, retail, logistics, hotel, land, and investment) and a residential (condominiums, credit brokerage, property management, and valuations) practice. Read the press release for more information.
SVN Rankin Recognized as Power Broker by CoStar Group.
SVN Rankin was named a top sales firm. Additionally, SVN/Rankin’s Mike Fusek was named a top office leasing broker, top retail leasing broker and top sales broker, and Lee McClean of SVN/Rankin was named as a top industrial leasing broker.
SVN Canada goes on the record to support building specific off-campus student housing
SVN Blackstream expands in the Carolinas with acquisition
Greenville-based SVN Blackstream acquired SVN Commercial Real Estate Advisors in Cornelius, NC, expanding its reach in the Carolinas. Read more in the GSA Business Report.
SVN EXPANDS INTERNATIONALLY WITH THE OPENING OF SVN ROMANIA
Boston, MA (April 11, 2019) SVN International Corp. announces the opening of Bucharest-based SVN Romania, its newest international office. SVN Romania will be headed by CEO Andrei Sarbu and his partner Ionut Nicolescu, two real estate consultants with nearly two decades of real estate and sales experience. The company will have both a commercial (office, retail, logistics, hotel, land, and investment) and a residential (condominiums, credit brokerage, property management, and valuations) practice. Additional, SVN Romania will have a regional office in Cluj – Napoca.
At its inception, SVN Romania, the largest real estate consultancy in the Romanian residential market, holds an exclusive portfolio of over 10 residential projects with at least 350 units each. The property management division within SVN Romania manages approximately 550,000 square meters of office space and over 1,000 commercial spaces, serving clients such Telekom Romania, Banca Comerciala Romana, and UniCredit Bank. The company projects that in 2019 it will handle approximately €4 million in transactions.
”The Romanian real estate market had its best period in the last decade, and there are still many growth opportunities. The industrial segment is going through a real boom, with the office and retail segments offering steady yields. The investment market has stabilized at approximately €1 billion. Our goal for 2020 is to be in the top five largest real estate consultancies in Romania,” said SVN Romania CEO Andrei Sârbu.
”Romania presents the biggest potential in the region. For example, over 1,000 transactions with properties with a price of over €500,000 close each year at the national level. In comparison with other Central and Eastern European countries, we see there’s still a significant growth potential in all real estate segments,” said SVN International Corp. Director of International Sales Rafael Noriega.
SVN announced the winners of its specialty awards, which recognize exemplary achievement in six different categories, and of the SVeN award. The awards were bestowed during SVN’s 2019 Annual Conference, a yearly gathering of SVN Advisors and Managing Directors, which took place March 6-9 at the Eden Roc Resort in Miami Beach, Florida.
The SVeN award, in recognition of exceptional promotion and representation of the SVN Difference, was presented to Keith Kidwell, Managing Director of SVN Commercial Realty in Fort Lauderdale, Florida.
Each year, SVN recognizes winners in each of six categories: Rookie of the Year, Collaborator of the Year, Team Player of the Year, Humanitarian of the Year, Ambassador of the Year, and Managing Director of the Year. These specialty recognitions were presented by SVN COO Diane Danielson, and John McDermott, Executive Director at SVN Chicago Commercial, during the Awards Dinner of the 2019 Annual Conference. Recognized for their achievements in 2018 were the following:
Collaborators of the Year: Jeff Cline, Executive Managing Director and Michael Finch, Executive Vice President both of, SVN| SFRhub Advisors, Phoenix, AZ.
Perry Laufenberg (2017), Larry Starr, Matt Christian, Matt Stone (2016)
“It is always a great honor to present SVN‘s specialty awards, which recognize the high standards, generosity, and extraordinary achievement of the honorees, in order to build strong relationships and the SVN brand,” said COO Diane Danielson.
Check out other news and pics from the 2019 SVN Annual Conference by looking up #SVN2019 on Twitter.
Boston, MA (February 20, 2019) –SVN International Corp. (SVNIC) is honored to announce that its Chief Operating Officer Diane Danielson, has been selected to receive the 2019 Leadership Award from CREW Boston for her work in diversity and inclusion. The award recognizes Ms. Danielson’s accomplishments over the past 25 years and her contributions to CREW Boston and the commercial real estate industry as a whole. It is one of six achievement awards bestowed by the professional organization, and will be presented on April 24, 2019 at the Fairmont Copley Plaza in Boston.
Founded in 1982, and representing more than 500 members, CREW Boston is the New England chapter of CREW Network, the leading professional organization promoting the advancement of women within the commercial real estate industry. Through its annual achievement awards ceremony, the organization celebrates and recognizes the most successful women in the Boston area commercial real estate world. In addition to the Leadership Award, there are five other awards, including the Professional Service Award, the Suzanne King Public Service Award, Entrepreneur of the Year, the Esprit de Coeur Award, and the Networking Award.
Diane Danielson, COO
Diane Danielson has been the SVN® brand’s chief operating officer since joining the company in 2012. She joined SVN because their franchise platform and open collaboration empowers all Advisors, and the leadership team is dedicated to becoming the most inclusive in the industry. Prior to joining SVNIC, Danielson worked in various capacities in commercial real estate in the Boston market. She was also the founder of the Downtown Women’s Club, a women’s business organization, which at its height had over 30 chapters in 3 countries and served as a platform to launch the first social network for businesswomen in 2007.
“I am pleased and honored to be recognized by CREW Boston, especially as it’s one of the oldest chapters of the premiere organization promoting women’s professional development within commercial real estate.” said Diane Danielson. “The commercial real estate industry remains one of the least diverse industries in the United States. Organizations like CREW Network and companies like SVN International Corp. are committed to making the industry more inclusive of women and people of color. That’s why I’m proud to be a member of both and greatly appreciate the recognition.”
This news release was published today on Globewire, and can be read online here.
Kevin Maggiacomo, CEO & president of SVN International Corp. is featured in a GlobeSt. article published today and written by Brian Lee, an Atlanta-based freelance writer and former editor of Western Real Estate Business magazine.
As seen with e-commerce, the tech tide doesn’t lift all commercial real estate ships, but dedicated brokers stand ready to raise their game.
The effect of technology on commercial real estate brokerage will be one of re-intermediation, not disintermediation, asserts Kevin Maggiacomo, CEO and president of SVN International Corp. (SVN). High-tech innovation is having a profound and positive effect on the roles and goals of expert CRE brokers, making them more efficient and effective in the process.
“What’s missing from most of the disintermediation questions posed to me is an appreciation for the wide range of possibilities and scale at which technology can impact CRE brokerage,” said Maggiacomo. “Instead the discussion quickly turns to the more remarkable topic of if and when the traditional role of the broker will be rendered obsolete. That’s the biggest misconception out there.”
CRE owners appreciate the positive impact that technology-enabled brokerage can have on property values, Maggiacomo maintains. Sellers are capitalizing on syndication modules and to reach a critical mass of brokers and investors through tech platforms like Buildout and CREXi.
“Brokers need to get on the train before it leaves the station and harness the power of this category tech and abandon the hyper-focused practice of working to identify the buyers on their own,” said Maggiacomo.
SVN International Corp. announced its new capital investment based growth strategy plans with the launch of two new partner firms in Southern California: the merger of ECP Commercial into the San Diego office of SVN | Vanguard; and separately, the acquisition of a team from Advisors Real Estate, to form SVN | Commercial-DTLA located in Downtown Los Angeles. This expansion represents the first phase of SVN®’s new Partnership Strategy. Through this new structure, SVN is acquiring minority interests in established companies and high growth teams in strategic markets that will operate under the SVN brand and franchise structure.
Kevin Maggiacomo, president & CEO of SVN International Corp. recently spoke with Kelsi Maree Borland, a freelance writer for GlobeSt.com. The following is an excerpt from the article that was featured on GlobeSt.com on January 23, 2019.
“As a growth accelerator for the brand, these minority acquisitions not only provide SVN with immediate market share but also provides a foundation on which we can aggressively reinvest in markets on an ongoing basis for future growth,” Kevin Maggiacomo, president and CEO of SVN International Corp., tells GlobeSt.com. “These key markets are also the most active in terms of volume and velocity and serve as hubs for inbound and outbound opportunities.”
Kevin Maggiacomo President CEO, SVN International Corp.
This is the first part of a two-pronged growth strategy. The second part will focus on the growing interest in alternative consolidation options. “We believe that the evolving competitive landscape and wave of consolidation has created demand for firms to be part of a larger platform but who also seek an alternative to traditional franchising or a straight, 100% acquisition,” adds Maggiacomo. “Our partnership strategy provides a bit of both, affiliating with one of the most recognized brands in CRE while simultaneously realizing some liquidity.”
The new partnership model doesn’t mean that SVN is planning to abandon the franchise model, however. Maggiacomo says the firm will continue to be a “pure” franchisor, as he describes. “We’re making minority investments here and not reverting back to the corporate stores of old,” he adds. “The agility, flexibility and stability that franchising provides is a core tenet of our business. Our partnership investments are a supplemental strategy designed to accelerate and affect exponential growth in key markets where firms are looking for a structure that was previously unavailable through our traditional franchise model.”
In fact, the firm’s success with the franchise model has enabled them to adopt this new partnership model. Maggiacomo sees it has a new opportunity for growth. “Like any organization, we are constantly assessing our business model to in order to ascertain our best opportunities for growth,” he explains. “Last year we saw the 200th office open under the SVN brand. We’re pleased with our market coverage, but we determined that our greatest opportunity for growth was in increasing our market share in key US markets. Doing that—quickly and in targeted form—requires a unique solution to the desires of the marketplace. A capital powered partnership strategy combined with the SVN systems for growth yields a product that is appealing to a bevy of high growth firms who fit the SVN mold.”
Specifically, Maggiacomo is looking for companies that are sizable and on the brink of obtaining significant market share, especially with access to support. “While the owners could sell all or a majority of their firm’s stock, most believe that they would be selling short or too early and further don’t want to relinquish control of their businesses,” he says. “The SVN Partnership Program provides for immediate liquidity to firm shareholders. This, coupled with growth capital for bolt-on acquisitions as well as SVN’s technology stack, systems and resources puts each partnership firm on their own “ten times” path to growth.”
The two firms SVN has purchased include ECP Commercial in San Diego, which will merge into SVN | Vanguard, and a team from Advisors Real Estate, which will form SVN | Commercial-DTLA in Los Angeles. These two firms perfectly fit the bill, aligning with both the growth strategy and the firm’s company culture. “For us, the SVN culture is everything—our culture is our business model, and so ensuring that prospective partner firms believe in and practice fee sharing and broker cooperation, as an example, is paramount,” Maggiacomo explains.
To read the entire GlobeSt.com article, CLICK HERE.
To find out more about franchising with SVN, CLICK HERE.
Boston, MA (January 9, 2019) SVN International Corp. (SVN), a global commercial real estate company, announced today the addition of Las Vegas-based The Equity Group as its newest franchise. The new franchisee will now be known as SVN | The Equity Group.
Established in 1980 by Scott Godino, SVN | The Equity Group currently manages 100 properties in Southern Nevada, totaling close to 7 million square feet of commercial real estate. The firm’s longevity, spanning nearly forty years in the market, made it a good fit to become SVN’s Las Vegas franchisee.
“Our team will continue to offer the highest level of commercial brokerage, leasing and property management services while making full use of the enhanced capabilities in technology and national reach that SVN provides,” said Scott Godino, founder and chief executive officer of SVN | The Equity Group. “This is an opportunity for us to gain a competitive advantage in the market by attracting new clients and brokers who want to work with a proven team that has an established global reach.”
“SVN | The Equity Group’s management team shares SVN’s vision and culture. The firm’s client-centric focus reflects our core covenants on how we do business,” said SVN’s Vice President of National Franchise Sales and Development Marc Seinfeld. “SVN has one of the industry’s largest footprints domestically, and many of our domestic and international clients look at the Las Vegas market when investing.”
For more information on SVN | The Equity Group, click here.
For more information on SVN International Corp., click here.
SVN International Corp. has expanded its reach across the United States with the addition of SVN | CompassRock, a leading national provider of institutional-quality property management services for the office, retail, industrial and multifamily sectors.
SVN | CompassRock, based in Denver, Colorado, is headed by Founding Principal David Woodward, Executive Managing Director Kevin Donahue and Director of National Accounts Tony Yousif. The leadership team have earned their reputation as industry leaders through commitment to excellence and high ethical standards.
“We are thrilled to have CompassRock join the SVN brand. David, Kevin and Tony are well-known and respected leaders in commercial real estate and they will play an instrumental role in providing comprehensive property management services to SVN clients.” said Kevin Maggiacomo, President and CEO of SVN International Corp.
By joining the SVN network of commercial real estate companies, SVN | CompassRock has tapped into its industry-leading technology and a global network of real estate Advisors. “Our mission will be to continue to provide the hands-on, focused level of service for which CompassRock has always been known and leverage the existing SVN network to access thousands of real estate professionals..” said David Woodward, Founding Principal.
“As a forty-year veteran of the industry, spent mostly on the client side directing property management firms, I am excited about the opportunity to create an organization that will provide a customized solution and level of service to a diverse client base that will hopefully become best in class.” said Kevin Donahue, Executive Managing Director.
Clay Russell, an Associate Advisor with SVN | BlackStream in Greenville, South Carolina, has attained one of the most coveted prizes in American amateur motorsports, the Sports Car Club of America (SCCA) Runoffs national championship. The race was held October 16-21, 2018 at the Sonoma Raceway in Sonoma, California.
Clay Russell wins SCCA Runoffs Championship!
Russell won the national championship in his Angry Llama Spec Racer Ford (SRF). Spec Racers are a single seat, open cockpit racers powered by four-cylinder Ford engines and are capable of a 150-mph top speed. Their “Spec” designation means all cars are the same, putting emphasis on the driver’s ability and competitiveness. Winning in SRF is frequently measured in feet as opposed to car lengths.
In addition to his championship run this year, Russell is the only SRF driver to win a SCCA Super Sweep award by winning the Southeastern Majors Conference Championship, the Hoosier Tire Super Tour points title, and the Runoffs. In 2017, he was Southeastern Majors Conference champion and finished fifth in the Hoosier Tire Super Tour.
Clay Russell has been actively racing for six years. He has steadily improved from his sixth-place finish in the SCCA 2016 Runoffs, and his fourth-place finish in the 2017 Indianapolis Motor Speedway Runoffs. He joined SVN | BlackStream earlier this year, where he specializes in the retail market.
About SVN| BlackStream
Formed in 2014, SVN | BlackStream operates franchises in Greenville, Columbia, Charleston and Asheville, covering the Carolinas, SVN | BlackStream has more than 30 advisors providing commercial real estate services to national investment funds, regional property owners and local, experienced investors and owners. All SVN® offices are independently owned and operated. For more information, visit www.svnblackstream.com
Want to put your career into high gear and race to the top of the CRE world? Check out job opportunities at SVN.
We are proud to share the following news release (published today) that showcases a deal put together by SVN | Angelic, with a referral from SVN |Three Rivers Commercial Advisors, which allowed a new senior living facility to open in Fort Myers, Florida.
SVN| Angelic Loan Restructuring Deal Instrumental in Campo Felice Opening in Fort Myers
Boston, MA (October 2, 2018) SVN| Angelic, a commercial real estate investment banking, investment advisory and brokerage firm, negotiated and restructured a loan deal that resulted in the completion of the successful conversion of Campo Felice, a high rise in Fort Myers, Florida, from a vacant hotel to a luxury independent living community for adults aged 55 and older.
Campo Felice, which opened as a hotel in 1986, underwent a complete gutting and renovation starting in 2015 to transform the 24-story building to a resort-style independent living community. The project faced many obstacles, including construction that took longer than expected, and that went over budget. Because of the delays and unexpected costs, the construction loan went into default. SVN| Three Rivers Commercial Advisors, based in Pittsburgh, referred Campo Felice’s owners to SVN| Angelic, which specializes in large financial deals.
With six months left to finish construction on Campo Felice, and 25% of units leased, SVN| Angelic had to find a way for the renovation to be completed and allow residents to move in. Additionally, Campo Felice’s owners facing some legal obstacles. SVN| Angelic restructured critical concessions from the exiting lender, and negotiated a new two-year bridge loan for $62 million providing much needed cash to complete the project and its lease-up phase.
Currently, Campo Felice has quickly achieved approximately 30 percent occupancy, and is the single largest independent senior living project in Southwest Florida. The property has many amenities including a spa, pool and sundeck, a movie theater, and four restaurants. This is the latest high visibility project for SVN, whose teams have been instrumental in the revitalization of Downtown Fort Myers. SVN advisors in Southwest Florida have completed approximately 250,000 square feet of leasing, and $40 million in sales, with over $50 million in current sale listings on the market.
“We are proud to have helped finance the transformation of a great property into a vibrant community,” said Gabriel Silverstein, Managing Director of SVN| Angelic. “We came up with a solution to the property’s cash flow needs, and helped bring this $104 million project to fruition, with the help of a dedicated ownership team and two lenders who worked very hard to find solutions for everyone involved.”
You can find the complete PRWeb version of the release here.
We are proud to share the following news release (published today) that showcases a deal put together by SVN | Angelic, with a referral from SVN |Three Rivers Commercial Advisors, which allowed a new senior living facility to open in Fort Myers, Florida.
SVN| Angelic Loan Restructuring Deal Instrumental in Campo Felice Opening in Fort Myers
Boston, MA (October 2, 2018) SVN| Angelic, a commercial real estate investment banking, investment advisory and brokerage firm, negotiated and restructured a loan deal that resulted in the completion of the successful conversion of Campo Felice, a high rise in Fort Myers, Florida, from a vacant hotel to a luxury independent living community for adults aged 55 and older.
Campo Felice, which opened as a hotel in 1986, underwent a complete gutting and renovation starting in 2015 to transform the 24-story building to a resort-style independent living community. The project faced many obstacles, including construction that took longer than expected, and that went over budget. Because of the delays and unexpected costs, the construction loan went into default. SVN| Three Rivers Commercial Advisors, based in Pittsburgh, referred Campo Felice’s owners to SVN| Angelic, which specializes in large financial deals.
With six months left to finish construction on Campo Felice, and 25% of units leased, SVN| Angelic had to find a way for the renovation to be completed and allow residents to move in. Additionally, Campo Felice’s owners facing some legal obstacles. SVN| Angelic restructured critical concessions from the exiting lender, and negotiated a new two-year bridge loan for $62 million providing much needed cash to complete the project and its lease-up phase.
Currently, Campo Felice has quickly achieved approximately 30 percent occupancy, and is the single largest independent senior living project in Southwest Florida. The property has many amenities including a spa, pool and sundeck, a movie theater, and four restaurants. This is the latest high visibility project for SVN, whose teams have been instrumental in the revitalization of Downtown Fort Myers. SVN advisors in Southwest Florida have completed approximately 250,000 square feet of leasing, and $40 million in sales, with over $50 million in current sale listings on the market.
“We are proud to have helped finance the transformation of a great property into a vibrant community,” said Gabriel Silverstein, Managing Director of SVN| Angelic. “We came up with a solution to the property’s cash flow needs, and helped bring this $104 million project to fruition, with the help of a dedicated ownership team and two lenders who worked very hard to find solutions for everyone involved.”
You can find the complete PRWeb version of the release here.
We are happy to announce that SVN Smith Group Commercial Real Estate, located just outside Athens, Georgia, is one of our newest franchisees. Following is the press release that was published today:
SVN International Corp. Expands Presence in the Southeastern United States with SVN | Smith Group Commercial Real Estate Addition
Boston, MA (September 25, 2018) — SVN International Corp. (SVNIC) has expanded its reach in Georgia, and the Southeastern United States with the addition of SVN | Smith Group Commercial Real Estate, formerly known as Oconee Properties, based in Watkinsville, in the northeastern part of the state.
SVN | Smith Group Commercial Real Estate is headed by Managing Directors Bob Smith and Matthew Smith, who provide a combined 50 years of experience to the business. Situated the Athens market, the family-owned and operated real estate company conducts much of its business there and in the University of Georgia area.
By joining the SVN network of commercial real estate companies, SVN | Smith Group has tapped into its industry-leading technology and a global network of real estate brokers. “The technology that SVN provides is unmatched anywhere in the commercial real estate market. This gives us a competitive advantage, especially in a smaller market where we can offer local expertise and provide better quality tools for marketing and promoting our clients than our competitors,” said SVN |Smith Group Managing Director Matthew Smith. “The SVN network is beneficial for us as we refer customers to anywhere in the world and know that they will be in good hands with an SVN broker.”
Smith added: “We’ve received a great deal of support from SVN’s fantastic leadership team, and we look forward to a long and successful relationship.”
About SVN International Corp.
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues and communities. Currently, SVN comprises over 1,600 advisors and staff working in more than 200 offices across the globe. SVN’s brand pillars represent the transparency, innovation and inclusivity that enable all our advisors to collaborate effectively with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create outsize value for all stakeholders. For more information, visit www.svn.com.
If you are interested in gaining access to the SVN network of commercial real estate brokers, and our top-notch technology, please visit our franchise opportunities page.
This week, we feature Chichi E. Ahia, of SVN | Ahia Commercial Real Estate, based in Langhorne, Pennsylvania. His firm focuses on the medical office and office markets, and specializes in investment and sale-leaseback structuring and serves the Greater Philadelphia and central and southern New Jersey areas.
Chichi E. Ahia
1. What advice would you provide to an aspiring advisor who is new to the industry?
Two things: First, make a two-year commitment and don’t give yourself the option of entertaining any other career opportunity within that window. This practice should facilitate the commitment and focus required to build a great practice. Second, find three great mentors – one within the industry and two from other industries. The principles that drive success in business are interdisciplinary. Often, tremendous insight can be gained from professionals who have built successful businesses in other industries.
2. What does the SVN Difference mean to you?
The opportunity to define and be defined by a larger organization within any market or asset class.
3. What learning tools (book, blog, website, etc.) would you recommend to your colleagues to further their knowledge and enhance their careers?
In my opinion, two must-read books are Good to Great by Jim Collins and 8 Traits of Brokers who Dominate by Rod Santomassimo.
4. What inspired you to open an SVN franchise? (Or why did you join SVN?)
For me, SVN offers a national platform while representing an ideal balance between corporate structure and entrepreneurship.
5. What was your most memorable deal and why?
We listed a fairly substantial medical office building that had been previously listed with a residential/commercial hybrid firm that had been unsuccessful in attracting any offers. The previous company had marketed the property as an owner/user opportunity. After consulting with ownership, we identified an opportunity to structure the sale as a sale/leaseback investment opportunity. We received an acceptable offer within the first week. Aside from a quick sale, the real value that we were able to bring to ownership was a favorable difference of nearly one million dollars over the term of lease between the increased sale price, reduced monthly obligation, and eliminating the need to lease and fit-out new medical space to relocate the practice, had they sold to an owner/user.
Are you ready to experience the SVN Difference? Check out our Careers page here.
SVN International Corp. is pleased to announce that Senior Vice President of National Franchise Sales and Development, Karen Hurd, CCIM, will serve as President of CCIM’s New England Chapter for 2019.
Ms. Hurd has been actively involved with the CCIM Institute on both a national and local level for the past eight years and earned the CCIM designation in March 2018. With 25 years of industry experience and as a member of SVN’s leadership team, Ms. Hurd plays a vital role in SVN’s strategic growth as they continue to expand in the U.S. and across the globe.
“I am appreciative of the opportunity to lend my talents and skills to help advance the New England CCIM Chapter and its members,” said Hurd. “I hope to expand CCIM’s educational outreach and collaboration to NAR, IREM, SIOR, CREW Network, and other industry organizations including the entire New England commercial real estate community.”
“Karen is a valued and trusted member of SVN International Corp. and we are all proud of her accomplishments. We are certain that the New England Chapter of the CCIM Institute will benefit greatly from Karen’s industry experience and knowledge.” says Kevin Maggiacomo, President and CEO of SVN International Corp.
The Chicago-based CCIM Institute confers the Certified Commercial Investment Member (CCIM) designation and is considered the industry’s most prestigious certification. The CCIM Institute is one of the largest commercial real estate networks worldwide with more than 50 chapters around the world.
For more information on the CCIM Institute visit www.ccim.com.
SVN opens first NH franchise office in Bedford, New Hampshire
Boston, Mass. (July 10, 2018) — SVN International Corp. (SVN), a full-service commercial real estate franchisor of the SVN® brand, announced today the addition of its newest franchise, SVN | Real Estate Solutions, based in Bedford, New Hampshire. Led by industry veteran Larry Pelletier, the firm specializes in assisting family offices, investors and developers nationwide in identifying commercial real estate opportunities and procuring targeted asset classes, as well as helping owners and operators to optimize investment returns on existing assets through repositioning or dispositioning.
Prior to joining the more than 200 global offices of SVN this year, Pelletier spent 18 years as a Principal with T-Rex Capital Group, a private investment firm, where he was responsible for acquiring, financing, managing and disposing over five million square feet of commercial assets nationwide. Prior to T-Rex, Pelletier was the founder and principal of Real Estate Solutions, Inc., a boutique consulting, brokerage and appraisal practice based in Boston and New York. Pelletier led valuation consulting assignments totaling over $25 billion of assets world-wide including such notable assets as the World Trade Center, Mall of the Americas, Rockefeller Center and a portfolio of 20 malls in Australia. Pelletier also created and conducted training seminars on the industry leading real estate valuation software, Argus, Pro-Ject and Dynamis and trained over 5,000 people nationwide.
Pelletier’s ownership and investment experience includes office, retail, apartment complexes, data centers, resorts and development. Previously held positions include acquisition manager for Boston-based Leggat McCall Properties and as real estate syndication associate for the public accounting firm of Kenneth Leventhal & Co.in New York.
“I am excited about joining SVN and taking a lead role in increasing our national engagements in the region. By combining my ownership experience and the networks I have built with SVN’s diverse portfolio that includes more than 500 domestic and international markets, I intend to provide increased visibility and new investment opportunities for the clients I serve. Additionally, the resources and flexibility that are built into the SVN model is truly unparalleled. I feel privileged to be a member of the SVN team.”
Combining SVN specialized product counsels which include office, retail, multifamily, hospitality, industrial, self-storage, marinas, golf courses and resorts along with property management, Pelletier and his team at SVN | Real Estate Solutions intends to utilize the SVN extended network and culture of collaboration to enhance its suite of real estate services.
Pelletier holds a Master’s degree in Finance and a Bachelor’s degree in Accountancy. He continues his educational pursuits in the Master’s in Financial Planning program at Bentley University. He is a licensed real estate broker in New Hampshire, Massachusetts and Rhode Island.
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]Boston, MA – SVN International Corp. (SVN), a full-service commercial real estate franchisor of the SVN® brand, and Patronicity, a Michigan-based civic crowdfunding platform, united by a shared vision of creating value with clients, colleagues, and our communities, announced the launch of SVN | Communities, a collaborative effort where qualified SVN offices can use crowdfunding to help develop strategic projects in their local communities. The nationwide program will help fund place-based, community-driven projects – art installations, parks, bike trails, markets, and more – helping to revitalize downtown areas, neighborhoods, and community spaces. The SVN® organization will back successful projects with a matching grant of up to $10,000 per project. Communities, nonprofits, and other approved entities in eligible SVN markets can learn more about the program and apply at www.patronicity.com/SVN.
SVN is launching this program with SVN | Chicago Commercial, one of its top offices with a history of strong community involvement. Other qualifying SVN firms include SVN | Miller Commercial Real Estate in Salisbury, MD and SVN | RICORE Investment Management, Inc. in Cincinnati, OH.
“SVN is a commercial real estate brand that understands the value of having locally-based leadership invested in the communities where they both live and work,” says Kevin Maggiacomo, CEO & President of SVN International Corp. “This is why the Patronicity program, which invites the local community to participate, really appealed to our core values.”
This exciting and innovative program is geared towards supporting grassroots, community-driven place making projects by providing a matching grant to groups able to meet their crowdfunding goal. Selected projects will run a crowdfunding campaign with Patronicity aiming to hit their crowdfunding goal within 60 days. Groups should then be ready to finish their project within six months of reaching their target. Successful projects must activate a new or underused public or community space with the program giving preference to permanent physical projects.
“We are thrilled to partner with SVN to bring this impactful brand of community driven crowdfunding to new cities across the country. We’ve seen the impact crowdfunded place making has on communities across the nation as real and long-lasting, and we’re excited to expand this impact with the support of SVN,” said Jonathan Berk of Patronicity.
About SVN International Corp.
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues and our communities. The SVN brand is comprised of over 1,600 advisors and staff in more than 200 offices across the globe. Our brand pillars represent the transparency, innovation and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues and communities. All SVN offices are independently owned and operated. For more information, visit www.svn.com.
For more information on SVN | Communities, click here.
For information regarding the SVN | Chicago Commercial ‘Call for Offers’, click here. The application deadline is July 17, 2018.[/vc_column_text][/vc_column][vc_column width=”1/4″][/vc_column][/vc_row]
[vc_row][vc_column width=”1/4″][vc_single_image image=”18312″][/vc_column][vc_column width=”3/4″][vc_column_text]SVN International Corp. has been named the 7th Most Powerful Brokerage Firm for 2018 by Commercial Property Executive (CPE) and Multi-Housing News (MHN). SVN earned the number 7 ranking based on overall performance, taking into consideration investment sales and leasing activity.
Each year Commercial Property Executive, a leading resource for the commercial real estate industry, ranks the top brokerage firms by utilizing a weighted formula based on a variety of factors, including form performance in 2017 and over time, using factors like investment sales and leasing activity. Firms represented in the CPE Index are considered leaders in the commercial real estate industry and according to CPE, the industry-leading brokerage firms can be expected to “represent the vast majority of market transactions”.
About SVN International Corp.
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues and our communities. The SVN Brand is comprised of over 1,600 Advisors and staff in more than 200 offices across the globe. Our brand pillars represent the transparency, innovation and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues and communities. For more information, visit www.svn.com.[/vc_column_text][/vc_column][/vc_row]
The national annual award recognizes the “best of the best” in commercial real estate brokerage
Boston, MA — SVN® franchises and select professionals are among this year’s recipients of the 2017 CoStar Power Broker™ Awards. CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate market information and marketing services, recognizes the top producing performers in commercial real estate brokerage each year by acknowledging the individual brokers and firms who closed the highest number of transaction volumes in commercial property sales or leases within his or her respective market.
The individual award recipients are as follows:
Nick Malagisi, SIOR, SVN | Commercial Realty – Sales
Gregory G. Ogin, CCIM, CPM SVN | Clark Commercial Group – Industrial Leasing
Max A. Heidenreich, SVN | OAK Realty Advisors – Industrial Leasing
The franchise award recipients are as follows:
SVN | Commercial Realty – Sales
SVN | BlackStream – Sales
SVN | Hamm & Company – Sales
SVN | OAK Realty Advisors – Leasing
SVN | Parsons Commercial Group – Boston – Sales
SVN | Rankin Company – Sales and Leasing
SVN | RealSite – Sales
SVN | SouthLand Commercial Real Estate – Sales and Leasing
SVN | Stone Commercial Real Estate – Sales
SVN | Three Rivers Commercial Advisors – Sales
SVN | Realty Performance Advisors – Sales
SVN Affordable | Levental Realty, LLC – Sales
SVN | Clark Commercial Group – Leasing
“It is an honor to be recognized for an achievement when it comes from a reputable third party source such as CoStar,” commented Nick Malagisi, SIOR, Managing Director of SVN | Commercial Realty in Buffalo, NY, and National Director of Self-Storage for SVN® who qualified as one of the top commercial brokers in the “Sales” category. “This award reflects the structure and uniformity of team, as well as our firm’s commitment to bringing our client-centric vision to life.”
“We are very proud of the accomplishments of our expert brokers and talented office teams,” stated SVN International Corp. President and CEO, Kevin Maggiacomo. “Everyone who achieved this award epitomizes the values SVN is known for: integrity, cooperation and collaboration, and a deep understanding of their local market. They have spent the last year deeply committed to achieving the best results for their clients. I am extremely grateful for their efforts.”
For seventeen years, CoStar has recognized the top commercial real estate brokerage firms with the Power Broker Award. All commercial real estate sales and lease transactions that closed during the previous year are tallied to determine the winners in each market. CoStar presents the Power Broker Awards to both the firms and individuals who closed the highest transaction volume in commercial property sales and leases in their respective markets.
About SVN® International Corp.
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value with clients, colleagues and our communities. The SVN Brand is comprised of over 1,600 Advisors and staff in more than 200 offices across the globe. Our brand pillars represent the transparency, innovation and inclusivity that enables all our advisors to collaborate with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN advisors create amazing value with our clients, colleagues and communities. For more information, visit www.svn.com.
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is commercial real estate’s leading provider of information, analytics and marketing services. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Their online services enable clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. For more information, visit www.costar.com.
This week, in lieu of our typicalFive for Friday post, we are examining the important issue of gender diversity in the commercial real estate industry and highlighting gender equity and diversity as keys to an inclusive and successful organization.
At SVN International Corp., reshaping the commercial real estate workforce to achieve the promise of gender diversity is critical to enable improved problem solving and ensure broader industry knowledge, particularly among senior leadership teams. The ultimate objective is to achieve measurable business growth, enhance ambition and engagement of Advisors and staff and establish an increasingly diverse client base. Research indicates that organizations that hold the diversity brought by both women and men in high regard attract and retain high-performing talent and boost operational efficiency.
As allegations of sexual abuse against women in Hollywood, Washington and other professional sectors have surfaced, SVN continues to make gender diversity a priority through meeting gender inclusiveness goals and institute a trustful workplace culture where women are represented fairly in senior management.
Kevin Maggiacomo, President and CEO of SVN International Corp., recently shared his conviction with Commercial Property Executive that men in leadership positions play a vital role in improving representation of women in C-suite positions. In other words, to make true strides toward gender diversity and ensure the most skilled and talented employee base, current male industry leaders convinced must align themselves with the mission of investing in women-led organizations.
“The reality is that men hold the preponderance of commercial real estate leadership positions, so if we’re to see meaningful change across the industry, men need to take action,” he commented. “The business case for gender balance is rock solid.”
Maggiacomo has put his words into action, restructuring his executive team in 2014 to ensure gender-diverse leadership and testifying in front of the Massachusetts legislature in 2015 on behalf of the ultimately successful Women on Boards bill. He additionally launched50/50— a grass roots, web-based movement that grew out of a TEDx talk and calls for gender-balanced leadership across all international organizations that seeks to establish an equal number of women and men within leadership roles by the year 2020.
The importance placed on top-level ideals of inclusivity, collaboration and growth by SVN further emphasizes SVN’s commitment to creating gender balance at the leadership level. To make an impact internally and across the CRE industry, organizations must cultivate an inclusive workplace culture where men and women colleagues can form trustful, supportive relationships.
Read more about Kevin’s progressive thinking and dedicated efforts promoting gender diversity within corporate leadershiphere.
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the addition of its newest franchise, SVN | Real Estate Solutions, based in Bedford, New Hampshire. Led by industry veteran Larry Pelletier, the firm specializes in assisting family offices, investors and developers nationwide in identifying commercial real estate opportunities and procuring targeted asset classes, as well as helping owners and operators to optimize investment returns on existing assets through repositioning or dispositioning.
