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SVN® Expands Presence In Kansas City With the Addition of SVN | Albatross Group Commercial Real Estate Advisors

Posted on by SVN Staff

Boston, MA — (May 22, 2023) — SVN International Corp. (SVNIC), the leading full-service commercial real estate franchisor of the SVN® brand, announces the addition of its newest franchise office, SVN | Albatross Group Commercial Real Estate Advisors, located in Overland Park, Kansas.

Led by seasoned Managing Directors Tom Kennedy and Cory DeLong, SVN | Albatross Group brings a wealth of expertise to the table. With a combined experience of 21 years in the commercial real estate industry, Kennedy and DeLong specialize in industrial brokerage and development at both the local and national levels. 

SVN’s unique culture, collaborative network, cutting-edge technology, and comprehensive support were instrumental factors that motivated Kennedy and DeLong to partner with the organization.

“The first thing that attracted us to SVN was the people,” expressed Kennedy. “The network of SVN Managing Directors and Advisors, the collaborative platform, and the company culture from the top down… The SVN culture is unique, and we believe our culture at Albatross Group aligns with the culture and values at SVN — hard work, growth, and doing things the right way.”

By leveraging SVN’s extensive network, advanced technologies, and nationwide opportunities, SVN | Albatross Group Commercial Real Estate Advisors is poised to expand its presence in the Kansas City market. Their goal is to become a leading full-service brokerage firm, delivering exceptional and comprehensive commercial real estate services to their clients.

“SVN provides us a national platform, complementing our expertise and knowledge in the industry,” said DeLong. “Being independently owned and operated allows us ultimate flexibility to service our clients.”

About SVN | Albatross Group Commercial Real Estate Advisors
At SVN | Albatross Group, our mission is to provide exceptional real estate services to our clients, helping them to achieve their business goals and maximize the value of their real estate assets. We strive to create long-lasting relationships with our clients based on trust, integrity, and transparency, and we are committed to delivering innovative solutions that meet their unique needs. Our team of skilled professionals has a deep understanding of the commercial real estate market, and we leverage our expertise to deliver superior results for our clients. Whether you are looking to buy, sell or lease commercial real estate, we are here to help you every step of the way. All SVN® offices are independently owned and operated. For more information, visit https://svnalbatrossgroup.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 2,000 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 International Corp. Appoints Xavier Mufraggi and Tim Spillane as Powerhouse Leadership Team

Posted on by SVN Staff

Boston, MA — (May 18, 2023) — SVN International Corp., a global commercial real estate brand, has appointed Xavier Mufraggi as its Chief Executive Officer and Tim Spillane as its President.

“These two collaborative leaders are uniquely qualified to support SVN’s 200 owners as we accelerate our growth” said Mark Van Ness, SVN Founder. 

Mufraggi joins SVN from YPO where, as CEO, he achieved a new milestone of 34,000 members in 150 countries. Prior to YPO, Mufraggi was president and CEO of Club Med Europe, Middle East and Africa, where he delivered $1.3 billion in annual revenue. Before heading the EMEA region, Mufraggi transformed Club Med North America and the Caribbean into a sustainable and profitable business unit through increased team engagement and digital transformation. 

At SVN, Mufraggi’s focus will be on big picture strategy and the long-term growth of SVN and its network, with a focus on customer service and digital transformation – always aligned to what SVN Managing Directors need to succeed. In addition, Mufraggi will drive expansion into 40 additional US markets, helping CRE professionals to become their own boss and tap into SVN’s collective strength and opportunity. 

“I approach the future of the CRE industry with an opportunity mindset, and it is clear that SVN is well-positioned for the future. We are already strong in customer service and digital, and we will continue to double down on this,” said Mufraggi. “At the heart of all of this is the opportunity for people in our network to be their own boss and win in their markets, and to help each other to be successful.”

Spillane joins SVN after almost three decades at Jones Lang LaSalle, most recently leading its corporate accounts business in the Midwest US. His commercial real estate career spans much of the industry, including running a number of global corporate client accounts, being part of JLL’s tenant representation business, and being a founding member of its Mission Critical Solutions practice.

Spillane is a founding member of Marquette University’s Center for Real Estate.

As president, Spillane’s focus at SVN is on operational growth, specifically through supporting SVN clients and employees to succeed. He’ll spend his time on the ground, and tap into his vast CRE experience to work with SVN Owners and Managing Directors to help them grow their business. 

“SVN has a great reputation in the marketplace for being collaborative, respectful and ethical, as well as aligning its success to that of the communities where it does business. I’m excited to join a company that shares my values and beliefs,” said Spillane. “I’m looking forward to working with our Managing Directors and digging in to help them succeed. I see myself as a resource they can use to grow their business and achieve their goals.”

These appointments bring the SVN Difference to life. A powerhouse duo of Mufraggi and Spillane, collaborating as leaders will take SVN into the future, offering collective strength and accelerated growth to its clients, colleagues and communities.

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 2,000 Advisors and staff with more than 200 SVN business owners 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/.

New Industrial Construction: High Demand Outweighing Economic Headwinds

Posted on by SVN Staff

By Cameron Williams, Director of Research, SVN International Corp.

Industrial rent is still experiencing double digit growth nationally and low end vacancy as the demand for space continues into 2023. Certain markets are particularly hot. The Southeast has had several major seaport expansions recently, contributing to an increased need and record expansion along with the Southwest corridor as a potential alternative to comparatively high rents on the Western Coast.

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Global Commercial Real Estate Brand SVN® Appoints New Property Management Product Council Chair

Posted on by SVN Staff

Boston, MA — (April 26, 2023) — SVN International Corp. (SVN), a global commercial real estate brand, is pleased to announce the appointment of Jill Allen as Chair of its Property Management Product Council. Allen is an accomplished leader with extensive experience in development, brokerage, and property management. While working in the hospitality industry for almost two decades, she shifted her focus to real estate and development in 2010 when she joined a restaurant business in the hospitality sector. She currently serves as Chief Operating Officer at SVN | Second Story Real Estate Management in Chattanooga, TN. Previously, Allen held the role of Chief Operating Officer for an owner-operator-developer overseeing commercial properties.

Jill is widely recognized for her exceptional client service and her ability to lead others with creativity and compassion to reach their full potential. Under her leadership, SVN | Second Story Real Estate Management has been recognized as a Co-Star Power Broker award recipient and increased revenues over 41% during the last 12 months.

“I’m honored to be appointed to this advisory role with SVN, and I look forward to contributing my expertise and insights to support the organization’s goals. I’m thrilled to work alongside such a talented and dedicated team, and I’m confident together we can elevate our companies to new heights,” said Jill.

SVN Product Councils are strategic groups within SVN that focus on specific areas of commercial real estate, and they serve as a platform for industry leaders to share knowledge and collaborate on innovative solutions. As Chair of the Property Management Product Council, Jill will lead a strategic group within SVN that focuses on the specific needs of commercial real estate property management. Jill eagerly anticipates working together with other SVN offices to share knowledge and develop innovative solutions. A major focus for Jill is to establish an extensive resource library that will enable SVN property managers to access and exchange valuable materials, resources, and best practices.

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 2,000 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/.

New Office Construction: Building Continues Amid Uncertainty

Posted on by SVN Staff

By Cameron Williams, Director of Research, SVN International Corp.

Continued uneasiness surrounding demand as well as record setting vacancies have created a downturn in new office development in the beginning of 2023. Despite this, several markets are continuing to build.

With much of the space pre-leased, tenants are still signaling the demand for high quality property outside of central business districts. Life science lab space and class A suburban property are driving new construction in the following markets:

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Top Commercial Real Estate Brand SVN® Strengthens Product Councils with New Co-Chairs

Posted on by SVN Staff

Boston, MA — (April 4, 2023) — SVN International Corp. (SVN), a renowned commercial real estate brand with a global presence, is pleased to announce the appointment of two new Co-Chairs who will help lead their Industrial and Land Product Councils. SVN Product Councils are strategic groups within SVN that focus on specific areas of commercial real estate, and they serve as a platform for industry leaders to share knowledge and collaborate on innovative solutions.

Augie Schmidt of SVN | Saunders Ralston Dantzler in Lakeland, FL has been appointed as SVN’s new Industrial Product Council Co-Chair. Augie will co-lead the Industrial Product Council alongside Curt Arthur of SVN | Commercial Advisors based in Salem, OR. Augie specializes in industrial properties and is skilled at tailoring custom strategic plans to advise his clients through the acquisition, disposition, and leasing of industrial commercial real estate. Previously, Augie was the Director of Research at SVN | Saunders Ralston Dantzler, where he oversaw a team of research analysts that evaluated commercial assets to maximize clients’ returns.

“I’m incredibly excited to work alongside Curt Arthur to help lead one of the most exciting and rapidly growing asset classes in commercial real estate,” said Augie. “When you combine the SVN brand with a strong group of individuals that are committed to excellence and serving their clients at the highest level, it makes for a real opportunity in front of us.”

Juve Pinedo of SVN | Vanguard in Santa Ana, CA has been appointed as the new Product Council Co-Chairperson of SVN’s Land & Development Product Council. Juve brings extensive experience in brokering land zoned for various uses across multiple states. Some of the uses include commercial, residential, industrial, mineral resources, equine and agricultural. Recently, Juve brokered a 825-acre land sale with subsurface mineral resource value and a 1000-acre operating hard rock quarry; one of California’s largest quarries ever to be brokered. Over the last few years Juve has earned and maintained the designation of Certified Land Specialist, the only one in California.

“I will strive to be a valuable resource to new and seasoned SVN Advisors who wish to add or increase Land transactions to their business model,” said Juve.

SVN’s newly appointed Product Council Co-Chairs bring extensive knowledge, experience and expertise to the organization’s Product Council groups. SVN is thrilled to have these new leaders on board and looks forward to the significant contributions they will bring to the SVN network.

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 2,000 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 Expands Presence In Michigan with the Addition of SVN | Cohn Commercial Properties

Posted on by SVN Staff

Boston, MA — (April 3, 2023) — SVN International Corp. (SVNIC), the full-service commercial real estate franchisor of the SVN® brand, announces the addition of its newest franchise office, SVN | Cohn Commercial Properties, located in Sylvan Lake, Michigan. 

The firm is led by Managing Director Harry Cohn, who brings over 29 years of experience in the commercial real estate industry to the table. Originally focused on retail properties and tenants, SVN | Cohn Commercial Properties has since broadened their service offerings to cover all types of commercial transactions, including industrial, self-storage, office, and medical buildings.

“We are thrilled to mark our 10th anniversary and look forward to continued growth,” said Cohn. “We have successfully transitioned into a full-service commercial real estate firm and are now looking to expand our team to better serve our clients. “We are looking to expand our team and hire between 5 and 10 new Advisors to help us achieve our goal of becoming a national top producer with SVN.”

The SVN network offers the ability to collaborate with other SVN offices, access to cutting-edge technology, and comprehensive support, which are some of the key benefits that attracted SVN | Cohn Commercial Properties to the network. The firm believes that these resources will help them achieve their growth goals and better serve their clients.

SVN | Cohn Commercial Properties is excited to be part of the SVN network and looks forward to contributing to its continued success.

About SVN | Cohn Commercial Properties

SVN | Cohn Commercial Properties was founded in July 2013 to serve clients’ real estate needs in the Metro Detroit 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 over 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 http://www.svn.com or www.svncohncommercial.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 2,000 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/.

Work From Home By Numbers

Posted on by SVN Staff

By Cameron Williams, Director of Research, SVN International Corp.

Coming off the pandemic, a scorching hot economy and jobs market placed the power of choice in the hands of job seekers. Reports of a ‘Great Resignation’, and ‘quiet quitting’ were widespread. Now, with conflicting ideas of what office work should look like, the ‘Great Mismatch’ is upon us. Large layoffs continue to dominate headlines and a looming possibility of a recession, the pendulum of power has swung back in favor of employers and the numbers say that they want you in the office.

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The Rise of Data Center Investment

Posted on by SVN Staff

By Cameron Williams, Director of Research, SVN International Corp.

Despite the highly reported cutbacks many companies are making in the start of 2023, experts agree one area that none of these companies are cutting spending in is data center investment. With more and more cloud computing necessary to maintain the infrastructure of the internet and changing work and digital consumption habits of modern populations, data center construction can’t happen fast enough.

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SVN® Expands Presence In Indiana with the Addition of SVN | Northern Commercial

Posted on by SVN Staff

Boston, MA — (January 26, 2023) — SVN International Corp. (SVNIC), the full-service commercial real estate franchisor of the SVN® brand, announces the addition of its newest franchise office, SVN | Northern Commercial, headquartered in Carmel, Indiana. Led by Managing Director Jess Lawhead, the firm was established to offer a unique specialization for the rapidly expanding Indianapolis commercial real estate market.

With over 30 years of experience in the state of Indiana, Northern Commercial has built a reputation for its expertise in the region. By aligning with SVN, the firm gains access to the resources, exposure, and depth that can only be provided through the structure of a national organization, enabling them to expand their reach and offerings in the Indianapolis market.

“SVN provides a very collaborative platform, not only within the SVN network, but in the philosophy to be collaborative with other brokers, buyers & the real estate market as a whole,” said Managing Director Jess Lawhead. “This methodology is contagious and creates a very positive work environment for all involved.”

SVN | Northern Commercial is excited to join the SVN family and is eager to expand their services in the Indianapolis market. For more information, visit www.svnindianapolis.com.

About SVN | Northern Commercial
SVN | Northern Commercial now serves clients with real estate projects throughout the United States and in major International markets. Our team works with both investors and business owners who are looking for strategic space to support their enterprises and financial growth. With our half-century experience in Central Indiana, we know how to plan for future developments. No matter what your commercial real estate needs might be, reaching your goals will always be our focus.

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 2,000 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/.

SVNIC® Is Deeply Saddened By The Sudden Passing of President & Chief Executive Officer, Kevin Maggiacomo

Posted on by SVN Staff

SVN International Corporation announces the sudden passing of President & CEO, Kevin Maggiacomo.

BOSTON, MA – (August 22, 2022) – It is with deep sadness that we confirm the passing of SVN International Corporation’s longtime and beloved President and CEO, Kevin Maggiacomo (50). 

Kevin passed away peacefully in his sleep over this past weekend. A charismatic and truly admirable leader, Kevin embodied the values and culture that SVN® is known for, and his loss will be felt deeply throughout the SVN community. He is survived by his wife and five children. 

“Kevin exemplified the values of SVN, and we are so proud of the culture that he nurtured in the SVN family. I know that as a community, we will come together to support one another in honoring Kevin, his legacy, and his vision.”

– Mark Van Ness, Founder, SVN International Corporation

Kevin joined SVNIC® in 2001 and served as Regional Director, Executive Vice President, and Chief Operating Officer before being appointed CEO in 2010. During his tenure leading various facets of the organization, he propelled SVN’s expansion across the globe, facilitating our growth from 7 US offices in 2001 to more than 200 offices in 8 countries today. Kevin played an integral part in building SVN® into one of the top 10 Commercial Real Estate service providers in the world, winning numerous awards including being named one of the Most Innovative Brokerage Firms in North America by Realcomm, named in Inc. Magazine’s list of the Fastest Growing Private Companies in America, and acknowledged by the Lipsey Co. as one of the most recognized brands in Commercial Real Estate.

Please direct all questions to Sarah Vincent, Executive VP of Operations, at marketing@svn.com and all messages of condolences to km@svn.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 2,000 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.

SVN’s Diane Danielson Featured in REI INK Magazine

Posted on by SVN

SVN International Corp. COO, Diane Danielson, is featured in the August 2019, Women in Real Estate issue of REI INK magazine. The article, A Calling to Grow, written by Carole VanSickle Ellis, highlights Diane’s tireless advocacy not only for women, but also for diversity and inclusion within the commercial real estate industry.

“At SVN … we do not set out to recruit any one demographic group, but we do set out to recruit candidates who might otherwise have been overlooked,” Danielson said. “We bring the focus in on skills, which removes a lot of the biases anyone in the system or in our offices might have.”

 

Diane is featured along with eight other women who are making a difference within the real estate industry through their involvement in sectors such as real estate investing, private lending, and mortgage services.

Read the full article HERE.

CLICK HERE to check out the entire August issue of REI INK.

Editors Note:

According to SVN’s 2019 Diversity & Inclusion report, authored by Diane Danielson, the focus on skills and attitude raises the bar for all candidates in all populations in the process. The result: The entire playing field is both level and higher without sacrificing the highest ground or the most qualified candidates.

For more information and to read/download the full report, CLICK HERE.

 

 

The Abundance Economy is Coming. Is the #CRE Industry Ready?

Posted on by SVN

The following is an excerpt from an article written by Diane Danielson, COO of SVN International Corp., as featured in NREI’s 2019 MidYear Outlook.

Stephen Covey defines the abundance mentality in The 7 Habits of Highly Effective People as:

“[T]he paradigm that there is plenty out there and enough to spare for everybody. It results in sharing of prestige, of recognition, of profits, of decision making. It opens possibilities, options, alternatives, and creativity.”

Covey was speaking to the individual mindset. But what happens when abundance invades an industry? For taxis, abundance came in the form of Uber. For hotels, it was AirBnB. The music industry was hit with subscription models. And Amazon has created a platform disruptive of multiple industries. In all cases, technology was used to decimate scarcity.

In scarcity economies, supply is limited. If you control supply, you control pricing. In abundant economies, pricing is driven not only by supply but also by demand because presumably there is adequate supply to meet all demands. Economist Barbara Gray of Brady Capital Research, Inc. describes it as “The Long Tail meets The Blue Ocean.” If you want it, you can find it.

Artificial scarcity occurs when stakeholders place limitations on supply. In CRE, artificial scarcity exists through legacy systems of data/client hoarding, pocket listings, zoning and geographic licensing limitations. All are systems designed to keep competition out. However, abundance is still coming to CRE. How will this play out? CLICK HERE to read Diane Danielson’s full Midyear Outlook in NREIonline.com.

SVN International Corp. Launches New Capital-Powered Expansion Plans

Posted on by SVN

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.

 

SVN EXPANDS REACH IN LAS VEGAS WITH ADDITION OF SVN | THE EQUITY GROUP

Posted on by SVN

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.

 

SEARCH PROPERTIES  |  FRANCHISE WITH SVN

 

 

SVN® Expands National Presence with the Addition of NH-based SVN | Real Estate Solutions

Posted on by SVN

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.

 

 

SVN Ranked 7th Most Powerful Brokerage Firm for 2018

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[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]

SVN® EXPANDS PRESENCE IN TENNESSEE WITH THE ADDITION OF NEW FRANCHISE IN KNOXVILLE

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Boston, MA — SVN International Corp. (SVN), a full-service commercial real estate franchisor of the SVN® brand, announced the addition of its newest franchise office, SVN | Wood Properties, based in Knoxville, Tennessee. Led by Managing Director George Brown, the firm specializes in providing commercial sales, leasing, property management, development and consulting services throughout the East Tennessee market. SVN | Wood Properties is the fifth SVN office in the state of Tennessee, further expanding the company’s full-service, collaborative approach to commercial real estate in the region.

 

“Built on SVN’s Shared Value Network®, we strive to identify and work with market leaders who share our vision of a collaborative and open approach to commercial real estate,” said Kevin Maggiacomo, President & CEO of SVN International Corp. “This philosophy is already instilled in the team at SVN | Wood Properties, making it a valuable addition to SVN, along with their strong understanding of the East Tennessee market, SVN | Wood Properties is sure to prosper.”

 

Brown brings 10 years of experience in commercial real estate to SVN | Wood Properties, where he will lead a team of 10 Advisors focused on commercial real estate advisory within the local East Tennessee market. The 41-year-old firm plans to leverage SVN’s international platform to support the firm’s growth and reach, as well as the cutting-edge commercial real estate technology available to all SVN franchises to help advance its offerings to the local market.

 

“We recognize a similar business ethic and foundation in SVN and share many of the same values,” said Brown. “SVN provides us with the ability to keep our local relationships, while establishing a national affiliation and utilize essential tools of the business for success and growth. By partnering with SVN, our team has the opportunity to remain a leading firm while adding best-in-class services.”

 

The SVN brand was founded in 1987 out of a desire to improve the commercial real estate industry for all stakeholders through cooperation and a shared vision of creating value with clients, colleagues and communities. SVN currently has more than 200 offices serving over 500 national and international markets. By tapping into this broad network, SVN | Wood Properties is able to offer its clients expanded services in the leasing, acquisition and disposition of commercial real estate.

 

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/

 

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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. 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.

SVN | AVAT REALTY, LLC COMPLETES SALE OF MILWOOD MANOR IN NASHVILLE, TENN. FOR $13.45 MILLION

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Nashville, Tenn., SVN | AVAT Realty, LLC, one of the nation’s premier net lease brokerage firms, has completed the sale of Millwood Manor, a 200-unit multifamily development in Nashville, Tenn. Andrew Agee, Senior Advisor of SVN | AVAT Realty, LLC brokered the sale of the 201,850 square-foot property for $13.45 million.

“Nashville rents are appreciating faster than anywhere in the Southeast creating an ideal opportunity for both the seller and the buyer in the transaction,” said Agee. “Following the buyers proposed large scale renovations, the property will further increase in value, creating a substantial value add for the buyer.”

Nashville, the capital of Tennessee and one of the most popular cities in the state, is located adjacent to the Cumberland River and in close proximity to major transportation including Nashville International Airport, CSX Transportation by Amtrak, the Metropolitan Transit Authority and Interstate I-40, I-24, and I-65.

 

About SVN | AVAT Realty, LLC:

SVN | AVAT Realty, LLC is an independently owned and operated SVN® office. 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.

SVN | HAMM & COMPANY BROKERS THE $72 MILLION PURCHASE OF RESIDENCE INN BY MARRIOTT IN ALEXANDRIA, VA.

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Alexandria, Va. (January 24, 2018) SVN | Hamm & Company one of the nation’s premier hospitality brokerage firms, has advised on the successful purchase of the Residence Inn by Marriott in Alexandria, Va. The 240-room, 257,000 sq. ft. hotel was purchased for $72 million.

Tom Hamm, Managing Director of SVN | Hamm & Company represented the buyer, AVR Acquisition Corp.

“SVN | Hamm & Company was tapped for our expertise in the hotel industry to help obtain a suitable buyer that met the requirements of the seller,” said Hamm. “The purchase of this property was a synergistic investment for the buyer, considering the other properties in their portfolio.”

Located at 1456 Duke Street, the buyer plans to invest into the property by renovating and upgrading the Residence Inn by Marriott to its highest standards, with the goal of making this purchase a long-term investment.

Old Town Alexandria is a charming neighborhood located in Alexandria, Va. This desirable destination outside of Washington, DC, is home to a concentration of boutiques, restaurants, antique shops and theaters, creating a major draw for residents and visitors alike. Alexandria is centrally located near prominent transportation options including the Ronald Reagan Washington International Airport, Alexandria Union Station; State Route 7 and the Capital Beltway, also known as Interstate 95/495.

 

About SVN | Hamm & Company

SVN | Hamm & Company is an independently owned and operated SVN® office led by Tom Hamm, a member of SVN | Hotels and Director of SVN’s Hospitality Council. 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.

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5 FOR FRIDAY – DAVID DUNN, SIOR, CCIM, MANAGING DIRECTOR OF SVN | DUNN COMMERCIAL

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Commercial This week, our 5 for Friday features David Dunn, Managing Director of SVN | Dunn Commercial. Dunn specializes in corporate lease, distressed assets, industrial, institutional capital markets and single tenant investment, within the Dallas and Fort Worth metropolitan areas.

 

1. What advice would you provide to an aspiring advisor who is new to the industry?

I would highly advise all advisors to get the CCIM designation. SVN provides everyone with the opportunity and the tools needed to accomplish this.

2. What does the SVN Difference mean to you?

SVN focuses on the needs of clients, opposed to being focused on the brokers. Once client needs are met, then the brokers needs can be met.

3. What learning tools (book, blog, website, etc.) would you recommend to your colleagues to further their knowledge and enhance their careers?

The most important tool for me to be successful, that I would recommend to others include all CCIM course work, as well as analyst and PRO/CRETECH tools

4. What was your most memorable deal and why?

My most memorable deal was purchasing my first investment property without partners. It was a huge accomplishment and I enjoy being the landlord.

5. List a fun fact to share about yourself – something that people may not know and that they may be surprised to find out.

My main passions, and how i spend my time out of the office, are fly-fishing and up-land bird hunting.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

SVN | CHICAGO COMMERCIAL COMPLETES SALE OF 312-UNIT CHICAGO MULTIFAMILY PORTFOLIO FOR $26.5 MILLION

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Chicago, Ill. (January 16,2018) – SVN | Chicago Commercial has completed the sale of Indian Trails Apartments and Ridge Gardens Apartments for $26.5 million. Combined, the two affordable housing complexes include 312 units.

Cody Doran, Assistant Vice President, and Reid Bennett, Senior Vice President, of SVN |Chicago Commercial represented the seller, Indian Trails & Ridge Gardens LLC, in the transaction. The property sold to Sausage King LLC.

“This deal provided the buyer a unique opportunity to invest within a sector of Chicago real estate that has a very limited supply and multiple barriers to entry. These market fundamentals were evident based on the fact that we were able to present our seller with over 43 offers for this portfolio,” said Bennett. “The buyer ultimately plans to make capital improvements and preserve this affordable housing complex.”

Indian Trail Apartments is located at 221 East 21st Street in Chicago, featuring 180 section 8 housing units.  Ridge Garden Apartments, at 10010- 10040 South Sayre Ave. in Chicago Ridge, includes 132 section 8 housing units.

Chicago is a major industry hub for finance, commerce, technology and telecommunications. Home to O’Hare International Airport, Regional Transportation Authority and seven mainline and four auxiliary interstate highways, Chicago serves as one of the major transportation hub in the US.

 

About SVN | Chicago Commercial:

SVN | Chicago Commercial is an independently owned and operated SVN® office. 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.

5 for Friday – Steven Stoehrer, Managing Director of SVN | Stora

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This week, our 5 for Friday features Steven Stoehrer, Managing Director of SVN | Stora based in New York, New York. Stoehrer specializes in corporate lease back, industrial, office, property management, and retail. In the last 36 months he has closed, listed, and underwritten in excess of 500 million dollars worth of investment grade assets

 

1. What advice would you provide to an aspiring advisor who is new to the industry?

Activity Levels, keep them up and have strong commitment. This is a long-term game.

 

2. What does the SVN Difference mean to you?

It sets me apart from my competitors. We cooperate with the market place completely. That strategy has gained business in the long term, even though short term you sometimes question it.

 

3. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

I would ask people who are successful for 10 minutes over a cup of coffee. I learned more in my career from people who have done it than any book.

 

4. What was your most memorable deal and why?

I sold a deal that flooded while under contract only to learn it had done so twice before. It was most difficult but the most educational.

 

5. List a fun fact to share about yourself

I have been a volunteer firefighter since I was a teenager. Not many people would guess that.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

 

SVN® INTERNATIONAL CORP. RECOGNIZED AS A COMMERCIAL REAL ESTATE LEADER IN GENDER EQUITY, DIVERSITY AND INCLUSION

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Boston, MA (January 10, 2018) – SVN® International Corp. (SVN) has been recognized by CREW Network, the commercial real estate industry’s premier business networking organization dedicated to advancing the achievements of women in the industry globally, for the company’s efforts to improve gender equity and workforce diversity and inclusion. In a newly released whitepaper examining the commercial real estate industry’s efforts in Canada, the U.K. and U.S., SVN is among the top 10 organizations recognized for making overall diversity – defined by CREW’s research as the inclusion of different people based on race, ethnicity and sexual orientation – a business priority.

 

“SVN is pleased to be recognized by CREW Network for our efforts in bringing diversity and gender equity into the work place. Our organization prides itself on the SVN Difference, which is centered on collaboration and establishing a shared network to ensure all professionals are set up for success regardless of race, gender and ethnicity,” said Kevin Maggiacomo, President & CEO of SVN International Corp. “As the SVN brand continues to grow both nationally and internationally, we continue to build our brand with leaders and team members who share our vision and philosophy of a collaborative, open and inclusive approach to commercial real estate.”

 

SVN identified that in order to thrive in the future, it had to more closely reflect the population and embrace diversity across gender, race, ethnicity and age. The SVN organization has adjusted their hiring strategy to recruit and develop leaders from 100 percent of the population. Diversity and inclusion are now ingrained into SVN’s culture and are now a filter in every decision the company makes.

 

The CREW Network’s whitepaper examines outstanding gender-inclusive CRE companies that focus on the advancement of women employees, top executives and board members, as well as notable employee programs, networking and interest groups, mentoring and sponsorship programs and flexible work arrangements.

 

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.

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5 for Friday – Deborah Quok, Managing Director of SVN | QAV & Associates

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This week, our 5 for Friday features Deborah Quok, Managing Director of SVN | QAV & Associates, based in San Francisco, California. Deborah is accomplished in advising clients in real estate strategies, marketing and transactions. Deborah specializes in office leasing, medical office building sales and leasing, and corporate services.

 

1. What advice would you provide to an aspiring advisor who is new to the industry?

Listen. Look. Learn. Laugh. This industry is about establishing relationships and credibility through the transfer of knowledge and experience. The probability for success is heightened when you develop your unique style and capacity to connect with people and demonstrate your value. Patience and persistence are also needed. “Overnight success” is often years in the making.

 

2. What does the SVN Difference mean to you?

Our culture of collaboration allows me to be more productive and able to focus on the positive aspects of providing advice and service to our clients. I appreciate the spirit of sharing between colleagues and offices, and the approachability of everyone within SVN — no matter their role and achievements.

 

3. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

Built to Last, Good to Great, pretty much anything by Jim Collins who provides insights on leadership and management. Emotional Intelligence 2.0 because we are in a people business as much as we are in the commercial real estate business. The website MindTools.com has recently come onto my radar. Early indications show it to be a good first step in finding bite-sized advice for those early in their careers or interested in improvement.

 

4. What inspired you to open or join an SVN franchise?

I was interested in the SVN technology and distribution platform initially, but became sold on the culture and determination of its leadership to provide a winning opportunity for success to a diverse array of franchisees and their advisors.

 

5. What was your most memorable deal and why?

In the short term it is a recent, transaction that successfully demonstrates a goal of our office to service clients in both the sale and lease aspects of managing their office/medical office real estate portfolio. Our firm represented the seller of an office and their subsequent lease of new office space; all within a short 30 days. We are currently underway in a similar scenario of leasing up vacant space in a building to maximize its income for a potential sale thereafter.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

 

SVN | CHICAGO COMMERCIAL BROKERS $24 MILLION IN HIGH-VALUE PROPERTY SALES

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Chicago, Ill. (January 3, 2018) – SVN | Chicago Commercial, one of the nation’s premier net lease brokerage firms, recently completed the sale of two commercial buildings in Illinois for a total of $24 million. SVN | Chicago Commercial advised the buyers in the purchase of 19-27 West Jefferson St. in Naperville, Ill. and 1230-1242 West Washington Blvd. in Chicago.

19-27 West Jefferson St. is a 15,412-square-foot retail and office property comprised of four buildings in downtown Naperville. The property sold for $10.5 million under the advisement of Tim Franz, Senior Advisor of SVN | Chicago Commercial, who facilitated the transaction between the buyer, Samuel L. Rubin Co., and the seller, Town Center Holdings, LLC.

“This deal presented a rare value-add opportunity to acquire a stabilized asset in a very strong market within Naperville, providing both the seller and the buyer with an ideal scenario,” said Franz. “The downtown property also offers the possibility of additional mixed-use development for even greater potential of value creation on the site.”

The Jefferson Street property is well-situated on one of the most prominent streets in downtown Naperville, featuring a high-quality tenancy and easy accessibility. Retail tenants in the four-building asset include Jimmy John’s, LuluLemon, Coldstone Creamery, Francesca’s Collection and Adagio Teas.

SVN | Chicago Commercial’s second high-value transaction includes 1230-1242 West Washington Blvd. a 60,000-square-foot mixed-use property comprised of three office and self-storage buildings in Chicago. The property sold for $13.5 million to CLK Properties, in partnership with RCG Longview. Scott Maesel, Chad Schroedl and Drew Dillion of SVN | Chicago Commercial represented the buyers.

“Fulton Market property values have soared in the past several years as multi-national companies like Google, Glassdoor and McDonald’s have opened offices in the area,” said Drew Dillon, Senior Advisor at SVN | Chicago Commercial. “Located in the heart of Chicago’s West Loop, one of the hottest neighborhoods in the country, this property sold for nearly triple its original price, making this a great value-add for the seller.”

The Washington Boulevard property is conveniently located two blocks from the new 600,000-square-foot world headquarters for McDonald’s, which is currently under construction.

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About SVN | Chicago Commercial
SVN | Chicago Commercial is an independently owned and operated SVN® office. 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.

5 for Friday – Justin Langlois, CCIM, Managing Director of SVN | Graham, Langlois and Legendre

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This week, our 5 for Friday features Justin Langlois, CCIM, Managing Director of SVN | Graham, Langlois and Legendre, based in Baton Rouge, Louisiana. Langlois specializes in the acquisition and disposition of Class A office, garden-style office and multifamily properties, including student housing, affordable housing and market rate housing sectors. He is also active in retail, self-storage, land and industrial brokerage.

 

1. What advice would you provide to an aspiring advisor who is new to the industry?

Create an awesome database. This will take time and it is a work in progress. Continue working your database by making calls and scheduling meetings. Very few commercial real estate advisors do this on a consistent basis and those who work their databases become market experts.

 

2. What does the SVN Difference mean to you?

When you look at the data of commercial real estate sales over $2MM, 65% of the deals are transacted by buyers and sellers across state lines. My clients like knowing their properties are listed by SVN and available for all brokers to sell. This creates competition in the market, it increases sales prices and all parties win.

 

3. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

I enjoyed reading The 12 Week Year. Several years ago, I read the book and it helped me break down my work week into segments. The segments help me avoid the day-to-day chaos of taking on too much at one time, get a task done and move on to the next task. I read portions of the book throughout the year as a refresher.

 

4. What inspired you to open or join an SVN franchise?

I like picking up the phone and calling another SVN advisor in a different market. The call feels like I’m reaching out to someone in my own office. SVN advisors respect each other, we watch out for each other and we share our own best practices with one another.

 

5. What was your most memorable deal and why?

I spent about two years putting together a build to suit for CVS. It was one of my first BIG deals and throughout the process it felt like all I had learned up to that point about commercial real estate was put into this one deal. The process was long and drawn out, it involved acquiring a local pharmacy, site selection, construction and contract negotiation and fending off preferred developers who were trying to get their hands on the project. It taught me patience, it showed me I was knowledgeable but needed improvement.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

 

SVN | COMMERCIAL REALTY COMPLETES SALE OF TWO SELF-STORAGE PROPERTIES IN NEW YORK TOTALLING $41.1 MILLION

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BUFFALO, NY (December 27, 2017) – SVN | Commercial Realty, one of the nation’s premier self-storage advisory firms, has completed the sale of two self-storage properties in the state of New York for a total of $41.1 million. Nicholas J. Malagisi, SIOR, Managing Director of SVN | Commercial Realty and Chair of the Self-Storage Product Council for SVN International Corp., advised the sellers in the two high-value transactions, comprising the sale of 31-40 Whitestone Expressway in Flushing and 13 Brady Avenue, Hawthorne in Westchester County. Hans Hardisty, MBA, Managing Director of SVN | Deegan-Collins Commercial Realty assisted Malagisi in both transactions.

 

“Each of these transactions offer a distinct opportunity for both the sellers and buyers in a sector seeing rising demand,” said Malagisi. “The self-storage industry delivers buyers foreseeable economic value in a desirable market with strong rents in an undersupplied sector of real estate. For sellers, this asset class offers the opportunity to capitalize on a robust fiscal transaction.”

 

31-40 Whitestone Expressway is a self-storage facility located in the College Point neighborhood of Flushing. The 70,368 square-foot building sits on 1.9 acres with an additional 55,000 square feet of floor to area ratio. The property was sold by Whitestone Expressway Realty, LLC for $27 million to 3104 Whitestone Expressway, LLC.

 

130 Brady Ave., Hawthorne within Westchester County, is a 40,452-square foot self-storage facility situated on 1.5 acres of land. The newly remodeled property includes the opportunity for expansion with space for an additional 2,450 square-foot building. Goodfriend Self-Storage sold the property for $14.1 million to US Storage Centers, Inc.

 

About SVN | Commercial Realty:

SVN | Commercial Realty is an independently owned and operated SVN® office. 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.

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5 for Friday – Dan Stewart, CCIM, Managing Director of SVN | Stewart Commercial Group, LLC

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This week, our 5 for Friday features Dan Stewart, CCIM, Managing Director of SVN | Stewart Commercial Group, LLC based out of Ann Arbor, Michigan. Dan’s product specialties include auction services, CRE, hospitality, distressed assets, restaurant and retail, and single tenant investment, among many others.

 

1. What advice would you provide to an aspiring advisor who is new to the industry?

It’s going to take a while to get over the hump. Follow the “ASK” principle to influence your personal levels of “Action,” “Skill,” and “Knowledge.” As a new advisor, your competitors will often be more skilled and knowledgeable than you, so you must be in constant action (calls, meetings, proposals, etc.) to outwork them.

 

2. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

At the end of the day, we are in the sales and marketing business. A keen focus on continually improving your sales skills is critical. SVN’s System for Growth is a game changer with excellent content. Early in my career, I pursued and obtained the CCIM designation and would recommend that program to anyone—regardless of career stage. For daily inspiration, I watch Darren Hardy’s “Darren’s Daily” and read SUCCESS Magazine.

 

3. What inspired you to open or join an SVN franchise?

I had a small boutique brokerage firm prior to affiliating with SVN, but I aspired to do larger and more sophisticated transactions. The SVN platform made that dream a reality for me and my office. I wanted the tools and brand to compete for any CRE assignment, and with SVN, I remained in complete control of my business.

 

4. What was your most memorable deal and why?

I was refereed by a senior lender at Wells Fargo to an owner of a Walgreens portfolio last year. The owner was a 97-year-old woman who ran circles around anyone half her age. She even bought herself a new Corvette to celebrate her 97th birthday. We fell in and out of contract three times but I never feared losing the listing. I had built a strong bond with the client, her children, attorney and CPA. I tell the advisors in my office to be part of the team, not a spectator. We finally closed in late 2016 and I helped the client invest in a CVS property.

 

5. What does the SVN Difference mean to you?

Our tools and technological capabilities are top notch, and our brand is centered on quality. I appreciate the people and collaboration at SVN.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

 

SVN | KD LANCLOS & ASSOCIATES, LLC COMPLETES SALE OF $34.85 MILLION MULTI-FAMILY PORTFOLIO IN AUGUSTA, GA.

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AUGUSTA, GA (December 21, 2017) – SVN | KD LANCLOS & ASSOCIATES, LLC, one of the nation’s premier investment sales brokerage firms, has completed the sale of a premier multi-family portfolio consisting of 446 units in Augusta, Ga. Lexerd Capital purchased the well-positioned portfolio for $34.85 million.

Damien Lanclos, CCIM, Managing Director of SVN | KD Lanclos & Associates, LLC represented the seller, ATC Development, in the sale of this portfolio, which is comprised of three apartment communities: Arborside Apartments, Parker Place Apartments and Alexander Place Apartments.

“We’re pleased to have successfully completed this transaction after a competitive sales cycle,” said Lanclos. “Through the support of SVN’s cutting-edge tools, we were able to expertly broker the deal in this high demand area of Georgia, delivering a return on investment for both parties.”

Arborside Apartments, located at 1062 Bertram Road, is comprised of 180 units with one- and two-level style homes. Parker Place Apartments, located at 1065 Bertram Road and 7300 Palomino Court, consists of 139 units. While Alexander Place, is located at 1075 Alexander Drive and features 127 units.

All three communities are situated in the highly desirable area of West Augusta near shopping and dining, with easy access to I-20 and minutes away from Augusta National, the home of The Masters Golf Tournament.

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About SVN | KD Lanclos & Associates, LLC
Based in Augusta, Georgia, SVN | KD Lanclos & Associates, LLC is an independently owned and operated SVN® office.  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 svn.com.

 

5 for Friday – Jamey Cox, Vice President of SVN | Percival Partners

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This week, our 5 for Friday features Jamey Cox, Vice President of SVN | Percival Partners based in Charlotte, North Carolina. Cox specializes in commercial construction, real estate brokerage, and development; including multifamily/apartment, hospitality, land, self-storage, office and retail.

 

1. What advice would you provide to an aspiring advisor who is new to the industry?

You need to have a plan, work that plan, stick to it and the plan will most likely work.

 

2. What does the SVN Difference mean to you?

The SVN difference means instant credibility and the ability to complete in our market. We are different and people do notice.

 

3. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

The book Goals by Bryan Tracy.

 

4. What inspired you to open or join an SVN franchise?

The opportunity to work in a wonderful industry and achieve personal and financial goals while maintaining a quality of life that allows me to enjoy my young family and not only be defined by my career.

 

5. What was your most memorable deal and why?

The one that got away…..I like to use these to sharpen my skills and do some internal review.

 

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

 

5 for Friday – Perry Laufenberg, Managing Director, SVN | Desert Commercial Advisors

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This week, our 5 for Friday features Perry Laufenberg, Managing Director of SVN | Desert Commercial Advisors, in Phoenix, Arizona. Laufenberg is accomplished in transaction management, marketing, working with brokers and landlords of apartments, shopping centers, and office buildings.

 

1. What advice would you provide to an aspiring advisor who is new to the industry?

Hard work and determination will determine your future. Use the SVN database to consistently and methodically prospect for new clients with phone calls and directed marketing campaigns. Focus on building relationships by providing valuable information to the most active commercial real estate owners in your market.

 

2. What does the SVN Difference mean to you?

The SVN Difference is fully embracing the technology, tools and relationships that exist within our company to generate more business and make lifelong friends along the way.

 

3. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

It goes without saying, but the CCIM coursework and training modules are some of the most comprehensive learning tools there are for commercial real estate practitioners.

 

4. What inspired you to open or join an SVN franchise?

SVN has always embraced technology, inclusion, and diversity, which sets us apart from most of the commercial real estate industry. The values and core covenants that the company was founded on continue to be an important part of why we are with SVN.

 

5. What was your most memorable deal and why?

The most memorable deals are always the first big deal one of my advisors closes. Handing out a check that could be someone’s yearly salary at another job, will never get old.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

 

5 for Friday – Alex Dmyterko, Managing Director and President of SVN | BlackStream

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This week, our 5 for Friday features Alex Dmyterko, President and Managing Director of SVN | BlackStream based in Greenville, South Carolina. Dmyterko is accomplished in leading and managing functions of commercial real estate including development, acquisitions, finance & investment, leasing, construction, joint venture structuring, partnerships, legal negotiations, property management and accounting.

1. What advice would you provide to an aspiring advisor who is new to the industry?

It starts with showing up ready to play, every day. Absorb what our trainers teach and use the tools and processes provided by SVN. We have a proven and methodical system for success in CRE. Also, be consistent in your efforts and apply yourself every day toward your goals, you will eventually reach them.

 

2. What does the SVN Difference mean to you?

It means that we have a culture of collaboration, transparency and doing things right. We believe in the Core Covenants. We strive to do the right thing, not necessarily the popular thing and we, as a team, will keep this as our focus so that our clients and our advisors will be exceptionally served.

 

3. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

Risk, Ruin and Riches; Inside the World of Big Time Real Estate by Jim Powell provides an insider’s look and analysis into the deal making of commercial real estate giants, and inflection points in our industry’s history. If this book doesn’t bring out your passion for CRE, then you’re probably in the wrong industry. Trammell Crow, Master Builder: The Story of America’s Largest Real Estate Empire by Robert Sobel, is a biography of my former patriarch and mentor; one of the true titans of the industry and likely the greatest developer ever. It is one of my favorite books.

 

4. What inspired you to open or join an SVN franchise?

I have a unique relationship with SVN BlackStream. In 2014, I was working with SVN International Corp. and sold a franchise to Ford Elliott for four markets in North and South Carolina. Over time, I got to know Ford better and watched him grow his business. After adding a residential real estate franchise to his company and growing BlackStream’s development business, we decided that we could grow even faster as a team. Our partnership takes advantage of Ford’s vision, entrepreneurship, deal making and leadership skills, while adding my experience in developing properties, evolving people and growing companies. SVN’s resources and support provides us with an international company’s clout in our growing markets.

 

5. What was your most memorable deal and why?

I developed Coldwater Crossings in Fort Wayne, Indiana, as my first project. I built a 550,000-square foot power center on 75 acres. It took two years of rezoning, assembling parcels, meeting with neighborhood groups, working with my architect, civil engineers, GC, and preleasing space before we started construction. When we finally bought the property, I collected a commission on lease deals with Walmart, Cub Foods, General Cinema Corp, Walgreens, and 100,000 square feet of other leases. All the commissions were paid on the same day and it was a life-changing moment. When the stores opened and I saw how many jobs had been created and how many tax revenues we generated, I knew that I had found my life’s calling.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

 

SVN | MCRE, INC. COMPLETES SALE OF $27.4 MILLION MULTIFAMILY PORTFOLIO IN VICTORVILLE, CALIF.

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VICTORVILLE, CA (November 29, 2017) – SVN |MCRE, Inc., one of the nation’s premier commercial real estate brokerage firms, has completed the sale of a multi-family portfolio consisting of 320 units in Victorville, Calif. to Sagebrush Capital Holdings for a total of $27.4 million. Michael Miyagishima, CCIM, Managing Director of SVN | MCRE, Inc. brokered the sale of this portfolio, which is comprised of two apartment communities, The Colony and Golden Sands. Miyagishima represented the seller, Tomanek Associates.

“This transaction was highly favorable to both the seller and buyer, as the portfolio offers a fantastic value add opportunity in light of economic fundamentals,” said Miyagishima. “Through the support of SVN’s cutting-edge tools and marketing platforms, we were able to broker the deal with a high return on investment for the seller.”

The first property within the portfolio, The Colony is located at 14450 El Evado Road and sits on 8.96 acres. With 200 units, the 172,000 square-foot apartment community sold for $17.7 Million. Golden Sands is a 93,600 square feet apartment community located at 15930 Nisqually Road. Consisting of 120 units, the complex sold for $9.7 Million.

Victorville is a city in southern California located off Interstate 15. Just northeast of Los Angeles, the city of Victorville continues to serve as a popular location for businesses.

About SVN | MCRE, Inc.

SVN | MCRE, Inc. is an independently owned and operated SVN® office. 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 svn.com.

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SVN | KING PROPERTIES COMPLETES SALE OF PROMINENT MULTIFAMILY PROJECT IN PACIFIC GROVE, CALIF. FOR $20.5 MILLION

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Pacific Grove, Calif. (November 28, 207) – SVN | King Properties, one of the nation’s premier net lease brokerage firms, has completed the sale of the Villa Del Mar Apartments for $20.5 million. The 76,170 square-foo

t multifamily development sits on nearly two scenic acres in Pacific Grove, Calif.

Compass Acquisition Partners purchased the property, with Kevin King, Managing Director of SVN | King Properties facilitating the transaction.

“The Villa Del Mar apartment portfolio offers the buyer a compelling value-add opportunity in a quality location, despite the fact that this property presented high barriers to entry,” said Kevin King of SVN | King Properties. “Through SVN’s rich tools and market data, we were able to craft a compelling offer that created a beneficial opportunity for both the buyer and seller.”

Less than a mile from the ocean at 1141 Lighthouse Avenue, Villa Del Mar is a three-building, 78-unit apartment complex well-situated at the intersection of Asilomar Avenue and Lighthouse Avenue. This easily accessible location is also convenient to the Monarch Butterfly Sanctuary, the Point Pinos Lighthouse and the Pacific Grove Marine Gardens, all within a one-mile radius.

About SVN | King Properties:

SVN | King Properties is an independently owned and operated SVN® office. The SVN organization is comprised of over 1,600 Advisors and staff in more offices in the United States than any other commercial real estate firm, and is currently expanding into six other countries. Geographic coverage and amplified outreach to traditional, cross-market, and emerging buyers and tenants is the only way to achieve maximum value for our clients. This is why we proactively promote properties and share fees with the entire industry. This is our unique Shared Value Network® and 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.

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5 for Friday – Steve Kawulok, Managing Director, SVN | Denver Commercial, LLC

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This week, our 5 for Friday features Steve Kawulok, Managing Director of SVN | Denver Commercial, LLC in Colorado. Steve specializes in industrial, land, and multifamily/apartment property sectors.

 

1. What advice would you provide to an aspiring advisor who is new to the industry?

Schedule education into your weekly routine – never stop learning and building your skill set.

 

2. What does the SVN Difference mean to you?

The SVN collaborative environment is a culture that supports our clients and our firm.

 

3. What inspired you to open or join an SVN franchise?

I experienced the culture of sharing and professionalism at an SVN national conference I was invited to prior to joining the SVN team.

 

4. What was your most memorable deal and why?

I helped a county health district integrate three different services into a much more efficient facility, which benefited the community and the health care providers.

 

5. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

I like Rod Santomassimo’s book “Brokers Who Dominate” because it talks about creating a presence in the marketplace. I also remind our brokers that SVN itself offers over 500 hours of great educational opportunities throughout the year!

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

5 for Friday – Jay Hintze, Executive Director of SVN | Hintze Commercial Real Estate

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This week, our 5 for Friday features Jay Hintze, Executive Director of SVN | Hintze Commercial Real Estate in West Allis, Wisconsin. Jay specializes in acquisition and disposition of commercial and investment properties, development of senior housing, acquisition and disposition of REO properties, and the municipal interaction between the real estate community and local elected officials throughout southeastern Wisconsin.

 

1. What advice would you provide to an aspiring advisor who is new to the industry?

Study and learn about the advantages you have with the SVN trainings and SVN platforms.

 

2. What does the SVN Difference mean to you?

Collaboration across the full spectrum of the SVN Network, which allows us the ability to provide the highest level of sound advice to our clients.

 

3. What inspired you to open an SVN franchise?

I was looking for a National Platform which allowed me to find real estate across state lines and had the educational system that allowed me to grow as a commercial Advisor.

 

4. What was your most memorable deal and why?

I had a local client that had a large medical office building to sell. My client did not think I had the skill set to sell, nor the ability to reach national buyers. I reached out to the medical office council chair in Florida and our joint presentation got us the listing. The Monday Sales call reached a Buyer’s Broker in Boston and he called a client in Reno, Nevada and we sold the building for over $32,000,000. Without the SVN national network I would not have gotten either the listing or the sale.

 

5. What is a fun fact to share about yourself?

My commercial real estate career started while I was the Mayor of Glendale, WI. We converted a 1954 era suburban shopping mall into a $345,000,000 outdoor mall called Bay Shore Mall.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

SVN AFFORDABLE | LEVENTAL REALTY BROKERS OVER $350 MILLION IN AFFORDABLE HOUSING TRANSACTIONS IN 2017

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CINCINNATI, OHIO (November 16, 2017) SVN Affordable | Levental Realty (SVN Affordable), one of the nation’s leading commercial real estate firms specializing in affordable housing, brokered over $350 million in Project Based Section 8 and Section 42 transactions throughout the United States in seven months.

“We commend SVN Affordable | Levental Realty for their continued commitment to providing industry-leading service and expertise in the market to establish SVN as a leader in this sector,” said Kevin Maggiacomo, President & CEO of SVN. “SVN’s Shared Value Network, centered on the philosophy that proactive collaboration with the global commercial real estate ensures maximum value for a property, provides our franchises with the essential tools to deliver exceptional client service and drive successful business results as evidence by these noteworthy transactions.”

The transactions brokered by SVN Affordable include affordable multifamily properties of varying sizes and diverse locations across the country.

“SVN Affordable is a nationally recognized leader in the niche market of Affordable Housing brokerage focusing solely on valuing, marketing and selling Project-Based Section 8 and Section 42 housing through our national platform and proprietary database. Our financial, regulatory and statutory expertise, paired with our strategic alliance of industry professionals, allows us to successfully identify a customized disposition strategy and transaction structure that ensures maximum value and minimal risk for our clients,” said Gene Levental, Managing Director of SVN Affordable. “Given the current economic environment, we are able to appropriately advise sellers to ensure they have the opportunity to capitalize on the current momentum in the market and maximize on an aggressive pricing strategy.”

 

SVN Affordable advised the seller on each of these transactions:

  • New Jersey Portfolio: Consisting of eight individual multifamily properties located throughout Central and Northern, NJ, totaling 1,202 units. Seven of the eight properties closed at $181.5 million.  The eighth property is set to close in the first quarter of 2018, which will bring the total portfolio value to $213 million.  All of these assets benefit from long-term project based HAP Contracts.
  • Rand Grove Village: A Project -Based Section 8 multifamily property consisting of 212 units in Cook County IL. This property sold for $35 million.
  • Circle Terrace Apartments: Consisting of 303 units, located in Landsdowne, MD. This Project-Based Section 8 development sold for $30.5 million.
  • Pequot Highlands: Located in Salem, MA, this 250-unit RAD conversion is covered by a long-term Project-Based Voucher Contract and sold for $26.65 million.
  • Park Vista: Built in 2001, this 212-unit Low Income Housing Tax Credit property located in Watauga, Texas sold for $17.75 million.
  • Roxbury Hills Apartments: Located at 140 Humboldt Avenue in Boston, MA, this 111-unit multifamily development sold for $15.1 million. The property is encumbered by Mass Housing Affordability restrictions in perpetuity.
  • Mark Apartments: A 52-unit, Project-Based Section 8 property located at 959 St. Marks in Crown Heights, Brooklyn, NY, sold for $12.85 million.
  • Baltimore Gardens & Cleveland Gardens: Consisting of two projects covered by separate HAP Contracts, totaling 201 units, this Las Vegas, NV development sold for $12.35 million and will be preserved using Low Income Housing Tax Credits.
  • Berkeley Terrace: A Project-Based Section 8 development located at 10 Berkeley Terrace in Irvington, NJ consisting of 153 units. The property sold for $12.25 million.

 

About SVN Affordable | Levental Realty 

SVN Affordable |Levental Realty is an independently owned and operated SVN® office working exclusively on affordable housing transactions across the country with offices headquartered in Cincinnati, Ohio. The SVN organization, a globally recognized commercial real estate franchisor, is comprised of over 1,600 advisors and staff in more than 200 offices across the globe, and provides services to over 500 markets across the United States.  SVN’s Core Values of transparency, cooperation and organized competition center on what is truly important for achieving organizational success and lasting value. 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.

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SVN EXPANDS PRESENCE IN SOUTHERN MISSISSIPPI WITH THE ADDITION OF SECOND FRANCHISE

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Boston, MA — (November 7, 2017) — SVN International Corp. (SVN), a full-service commercial real estate franchisor of the SVN® brand, announced the addition of its newest franchise office, SVN | Holloway in Southern Mississippi. Led by Managing Director Kenny Holloway, the firm specializes in providing commercial sales, leasing, property management and consulting services throughout the Mississippi market. SVN | Holloway is the second SVN office in the state of Mississippi, expanding the company’s full-service, collaborative approach to commercial real estate in the region.

 

“As the SVN brand continues to grow both nationally and internationally, we strive to build our franchise network with market leaders who share our vision of a collaborative, open approach to commercial real estate, which we have defined as SVN’s Shared Value Network,” said Kevin Maggiacomo, President & CEO of SVN. “SVN | Holloway is a highly beneficial addition to SVN, with strong roots in Southern Mississippi, providing us the opportunity to further expand our brand and provide best in class service in this market.”

Holloway brings 10 years of experience in commercial real estate to SVN | Holloway, where he will lead a team of Advisors focused on commercial real estate advisory within the local market including Harrison, Jackson, Hancock, George, and Pearl River counties. The firm plans to leverage SVN’s international platform to support the firm’s growth and reach, as well as the cutting-edge commercial real estate technology available to all SVN franchises to help advance its offerings to the local market.

“We recognized the need for a full-service commercial real estate brokerage in the region that is supported by a market-leading platform with an international reach and extensive market expertise,” said SVN | Holloway Managing Director, Kenny Holloway. “SVN’s ability to offer the tools for success and growth, as well as training and networking, provided the perfect partnership to drive our goals in providing exceptional client service throughout Southern Mississippi.”

The SVN brand was founded in 1987 out of a desire to improve the commercial real estate industry for all stakeholders through cooperation and a shared vision of creating value with clients, colleagues and communities. SVN currently has more than 200 offices serving 500 national and international markets. By tapping into this broad network, SVN | Holloway is able to offer its clients expanded reach for finding, acquiring and arranging commercial investments.

SVN is the only major commercial real estate brand that markets all of its qualified properties to the entire brokerage and investment community. Participating in more than $10 billion in sales and leasing transactions in 2016, 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 SVN | Live™ Open Sales Meetings, cloud-based leading-edge technology, and national product councils. This open, transparent and collaborative approach to real estate is the SVN Difference.

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/

 

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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.

5 for Friday – Gregory G. Ogin, CCIM, CPM, Managing Director – SVN | Clark Commercial Group

Posted on by SVN

This week, our 5 for Friday features Gregory G. Ogin, CCIM, CPM, Managing Director of SVN | Clark Commercial Group based out of Kailua Kona, HI. Greg’s industry specialties include corporate real estate, golf and resorts, hospitality, restaurant, land and development, multifamily, office and industrial, among many others.

1. What advice would you provide to an aspiring advisor who is new to the industry?

Work hard, work early and get involved in government. Make sure you enjoy life.

 

2. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

Books recommended by the SVN | Elite training program are invaluable.

 

3. What inspired you to open or join an SVN franchise?

I wanted to provide better services to our clients, while also staying competitive. SVN provided me with the resources to do this.

 

4. What was your most memorable deal and why?

The Coconut Grove Marketplace sale of $21 million. I was fired twice from this property due to change of ownership, but I stayed involved. The new owners realized we knew the property and market better than any other national firm.

 

5. What does the SVN Difference mean to you?

It’s a wonderful support system, my mentors have been fantastic.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

5 for Friday – Chris Blankenship, Managing Director – SVN | Norris Commercial Group

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This week, our 5 for Friday features Chris Blankenship, Managing Director of SVN | Norris Commercial Group. The Texas-based brokerage conducts business in San Antonio, New Braunfels, Seguin and San Marcos. Chris’s product specialties include corporate real estate, land and development, hospitality, industrial and self-storage, among many others.

 

1. What advice would you provide to an aspiring advisor who is new to the industry?

Avoid the problem many advisors start out with—no business plan and no mentor to help accelerate the transition into commercial real estate. This business takes time to generate deal flow. Be effective and thoughtful with your purpose while building your business.

 

2.What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

Check out Audible. Many of us commute to work, and we can use the time to our advantage by listening to books. Build a list of books that will enrich your professional and personal journey. For the books you love, buy the hardcopy and record important concepts.

 

3. What inspired you to open or join an SVN franchise?

I attended an SVN Conference as a guest with two colleagues in 2011. We were looking for a brand that represented our business. We signed up one week later.

 

4. What does the SVN Difference mean to you?

One word, family. SVN is a group of professionals who collaborate across borders. I’ve always found my colleagues willing to engage and help.

 

5. What was your most memorable deal and why?

A family partition suite on a large land tract, a deal that required perseverance. I worked with a full price offer from a capable seller—which is usually a joy—but endured eight months of “no” in various forms. Getting to the closing table and ending the emotional process for the seller was a reward in itself.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

 

SVN COMPLETES NEARLY $50 MILLION IN COMMERCIAL REAL ESTATE SALES TRANSACTIONS IN THE SOUTHWEST REGION

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Boston, MA (October 18, 2017) SVN franchises in the Southwest region, including SVN | Net Lease Texas, SVN | DataVest Inc. and SVN | Investment Sales Group, have delivered strong results during the first three quarters of 2017, brokering a total of three high-value deals for a combined value of $44.9 million.    

SVN | Net Lease Texas advised on the sale of a portfolio of three Walgreen’s stores located throughout Texas in Dallas, Fort Worth and Austin, for $18.3 million. Glen Berhow, of SVN | Net Lease Texas advised the seller on the transaction.

“SVN | Net Lease Texas holds years of specialized experience in the sales and acquisition of net lease retail investment properties throughout Texas and the U.S.,” said Glen E. Berhow, Managing Director at SVN | Net Lease Texas. “As a result of our experience in this market sector, we were able to achieve a 5 percent capitalization rate for the seller, maximizing the value of the properties.”

SVN |DataVest Inc. completed the sale of Arbors Brookhollow, a 114,421-square-foot office building located on nearly eight acres at 2201 East Lamar Blvd. in Arlington, Texas. Arbors Hui, LLC purchased Arbors Brookhollow for $14.25 million. Bruce Marshall from SVN | DataVest Inc. represented the buyer, Arbors Hui, LLC, while Mike Hardage of Transwestern represented the seller in the transaction.

“With ample parking and easy access to I-30 and State Highway 360, Arbors at Brookhollow presented a compelling opportunity to the buyer,” said Marshall, Managing Director at SVN | DataVest, Inc. “Through our expertise in the market, we were able to advise our client in securing this asset with an opportunity for added value.”

Finally, SVN | Investment Sales Group brokered the sale of Sierra Pointe, a 348-unit multifamily apartment building for $12.35 million.

“Sierra Pointe presented a strong value-add opportunity for the buyer to grow their presence in the Tulsa marketplace,” said Paul Yazbeck, Executive Director at SVN | Investment Sales Group.  “With this recent purchase, the buyer plans to bring occupancy to market levels, while also incorporating an energy conservation program.”

Located at 1433 South 107th East Avenue in Tulsa, Okla., Sierra Pointe was sold to AMG Bridgeport, LLC Todd Franks and Paul Yazbeck of SVN | Investment Sales Group brokered the transaction.

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About SVN:

The SVN organization, a globally recognized commercial real estate franchisor, is comprised of over 1,600 advisors and staff in more than 200 offices across the globe, and provides services to over 500 markets across the United States.  SVN’s Core Values of transparency, cooperation and organized competition center on what is truly important for achieving organizational success and lasting value. 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.

5 for Friday – Tomi Jo Lynch of SVN | Gold Dust Commercial Associates

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This week, our 5 for Friday features Tomi Jo Lynch, Managing Director at SVN | Gold Dust Commercial Associates, based out of Nevada. Tomi Jo specializes in industrial properties with a focus on landlord representation throughout Northern Nevada.

 

1. What advice would you provide to an aspiring advisor who is new to the industry?

Have three to six months of savings and be prepared to work 10-12 hours each day. Get to know your colleagues inside and outside of SVN, and make sure they know you.

 

2. What does the SVN Difference mean to you?

Working for a company where “everyone knows your name.” It is increased value for our clients, collaboration with our peers, and a deep commitment to our core covenants.

 

3. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

Join an accountability group, either in your office through a Vital Factor Team, with an outside organization like Entrepreneurs’ Organization or Vistage, or with a one-on-one business coach. Having a team of peers to hold you accountable is imperative. Don’t forget to read your local paper and trade publications; you can’t be an expert in your market if you don’t know what’s happening in your community.

 

4. What was your most memorable deal and why?

They’re all memorable, but the first medical marijuana grow facility and dispensary in Nevada provided a whole new set of challenges. That’s the great thing about commercial real estate – no two days or deals are ever the same.

 

5. What’s a fun fact about yourself?

I am training to climb Mt. Kilimanjaro in four months.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

 

5 for Friday – Cameron Irons, Managing Director of SVN | Vanguard

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This week, our 5 for Friday features Cameron Irons, Managing Director of SVN | Vanguard based out of Orange County, Calif. Cameron’s CRE product specialties include industrial, land and development, medical office, multifamily, office, property management, restaurant, retail and single tenant investment.

 

1. What advice would you provide to an aspiring advisor who is new to the industry?

Create a minimum 60-hour workweek schedule that includes more than 250 cold calls. Focus on creating relationships when you make calls, don’t just sell. Always keep a minimum of 15 prospects in your pipeline and specialize in the usage of CRM software.

 

2. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

Read “The E-Myth Revisited: Why Small Businesses Don’t Work and What to Do About It” by Michael E. Gerber, and “Procrastinate on Purpose: 5 Permissions to Multiply Your Time” by Rory Vaden. Participate in the SVN Elite training program for Managing Directors.

 

3. What inspired you to open or join an SVN franchise?

After 15 years of running my own boutique firm, I decided I needed a national brand to get better listings. SVN offered the best platform and helped me relaunch my brokerage business with a profitable full-service model to create enterprise value. The SVN culture is great and inspires me to recruit every day.

 

4. What was your most memorable deal and why?

I sold my exchange client a large multi-family portfolio in San Diego 15 years ago. The property was listed by a brokerage known for not cooperating. I found out about it from the listing agent before he released it to their office. The deal was difficult and died a thousand deaths before closing successfully. I became friends with the listing agent and he was an integral part of the opening team for our new SVN office in San Diego this year.

 

5. What’s a fun fact about yourself?

I am the Chairman of the Orange County Planning Commission. I also love sport fishing and once I reach my goals, my reward is a boat.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

SVN | Rich Investment Real Estate Partners Brokers Sale of Santa Monica, CA Multifamily Property for $23.8 Million

Posted on by SVN

Santa Monica, CA (October 11, 2017) SVN | Rich Investment Real Estate Partners, one of the nation’s premier commercial real estate firms, brokered the sale of 153 San Vicente Boulevard, a 30-unit, 44,199-square-foot multifamily development located on over 21,000 square feet of land in Santa Monica, CA for $23.8 million. Shiva Monify of SVN | Rich Investment Real Estate Partners, one of the firm’s top producers, advised on the transaction.

“Properties like 153 San Vicente Boulevard, which offers an ideal location and favorable design features, rarely come on the market in Santa Monica,” said Shiva Monify, Managing Partner of Special Asset Team SVN | Rich Investment Real Estate Partners. “SVN | Rich Investment Real Estate Partners recognized the value at hand and worked to present the client with the perfect opportunity to invest in this asset. Following the property’s closing the new owner plans to renovate the asset and build a new rooftop observation deck.”

Santa Monica is a beachfront city located in western Los Angeles County and is one of the most desirable locations in the area. Situated on Santa Monica Pier, the neighborhood is known for its downtown core and strong tourism. 153 San Vicente Boulevard is well situated in the center of town, walking distance to Ocean Avenue and an ample amount of entertainment options and conveniences.

About SVN | Rich Investment Real Estate Partners

SVN | Rich Investment Real Estate Partners is an independently owned and operated SVN® office with locations throughout Los Angeles county. The SVN organization, a globally recognized commercial real estate franchisor, is comprised of over 1,600 advisors and staff in more than 200 offices across the globe, and provides services to over 500 markets across the United States.  SVN’s Core Values of transparency, cooperation and organized competition center on what is truly important for achieving organizational success and lasting value. 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.

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5 for Friday – Deborah Skeans, CCIM, MAI of SVN | Imperial Realty

Posted on by SVN

This week, our 5 for Friday features Deborah Skeans, CCIM, MAI, Managing Director and Senior Advisor for SVN Imperial Realty in Allentown, PA. Debby’s industry specialties include distressed assets, industrial, land, development, medical offices, multifamily residences and property management.

1. What advice would you provide to an aspiring advisor who is new to the industry?

Be prepared to work hard. Concentrate on creating meaningful relationships and become an expert in a specialty or small geographic area. Get CCIM certified and work the SVN plan.

 

2. What does the SVN Difference mean to you?

A better and stronger culture. SVN is a national (and growing international) brand with the tools needed to serve our clients.

 

3. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

CCIM education and active involvement within the industry.

 

4. What inspired you to open or join an SVN franchise?

The desire to stay independent but have the benefit of a national brand.

 

5. What was your most memorable deal and why?

A $37 million land deal with a local hospital network, which followed an $11.8 million deal. The deal gave the network almost 509 acres of land to create one of the finest medical complexes in the Northeast and improve access to medical care in our communities.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

 

5 for Friday – Michael Thanasouras of SVN | Chicago Commercial

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This week, our 5 for Friday features Michael Thanasouras, Managing Director at SVN | Chicago Commercial working throughout the Chicago market area.

 

1. What advice would you provide to an aspiring advisor who is new to the industry?

Learn a market and a product type, try to walk through an area, and get on the phone!

 

2. What does the SVN Difference mean to you?

Doing the right thing for our clients by maximizing their property’s exposure within the market and getting them the best deal.

 

3. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

S4G is the best place to start. I also recommend Google Alerts, and register for local real estate news that gets pushed out to you daily!

 

4. What inspired you to open or join an SVN franchise?

I joined SVN in 2008 to help conduct more investment transactions. It took a couple years due to market conditions, but we knew the route would help us expand. Learning from our peers allows us to accelerate rapidly.

 

5. What was your most memorable deal and why?

A small commercial condo. The buyer was unrepresented at first, then ended up with a broker.  We paid the co-op broker without question. I got the leasing and he offered me the property management, too.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

 

The US Economy Accelerates While Waiting for Washington to Finalize Deals

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While the overall economy remains very healthy on a relative basis, and may in fact be finally showing signs of more robust growth, deal making in Washington will stand as a key influence in determining when – and if – such robust growth will come to fruition. The stock markets have set recent highs in part because Trump appears more willing to make “deals” with Democrats in order to get policies implemented. These deals historically lead to significant tax reform, something the market is already factoring into future expectations. While market analysts place expectations on the potential for a major boost in business investment, and even hiring, this will take time to come to fruition, if ever.

 

Economic Health

Overall estimates of Gross Domestic Product (GDP) growth for the third quarter of 2017 increased to 3%, a key level that is considered the minimal threshold for robust economic growth in the US. Whether this growth is sustainable, however, is yet to be determined.

 

The beginning of the third quarter saw slightly lower job growth in August, with 156,000 added jobs per the Bureau of Labor Statistics, and a minor uptick in unemployment to 4.4%. While these shifts are slight, these numbers are representative of an overall tight labor market.

 

In 2016, median household income hit an all-time high at $59,039, according to the Census Bureau. These higher incomes are no doubt contributing to the still high and rising levels of consumer confidence, up to 122.9 in August of 2017, according to the Conference Board.

 

Third Quarter Impacts

Meanwhile, the third quarter will likely see distorted results in economic indicators due to the temporary effects of the hurricanes impacting the Southeastern US; a recent report by the Census Bureau showed monthly retails sales in August have gone down -0.2%, likely due to Hurricane Harvey. With Irma impacting Florida, there will be broader effects in the short run. In the long run, the rebuilding effort has the potential to have a positive impact on economic growth.

 

Commercial Real Estate on the Rise

Interestingly enough, what remains steady and more certain in these economic times is commercial real estate. CoStar reports continued growth in commercial real estate prices, up 1.2% in July. Also of note, REITs posted their largest gain in Funds From Operations (a measure of cash flow) in the second quarter of this year at 7.9%. By contrast, the many stock market indices appear highly valued on a relative basis.

 

If the economy does not grow at a more robust rate, a likely result if Washington remains in a stalemate, then stock prices could be negatively impacted. Commercial real estate, however, is generally showing signs of demand outpacing supply according to many data providers including REIS. In addition, new construction is flattening rather than accelerating; overall it was down 0.6% in July according to the Census Bureau and has remained mostly flat for all of 2017.

 

As a result, it is evident that the real estate sector is on far more solid footing than the broad stock markets. Investors should consider rebalancing from stocks and bonds and into real estate, especially while mortgage rates remain so low. In fact, research from the Mortgage Bankers Association shows availability of commercial real estate debt continues to increase in 2017 from 2016, thus it is actually getting easier to invest in real estate today.

5 for Friday – Walt Arnold, CCIM, SIOR of SVN | Walt Arnold Commercial Brokerage, Inc.

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This week, our 5 for Friday features Walt Arnold, CCIM, SIOR, Managing Director at SVN | Walt Arnold Commercial Brokerage, Inc. in Albuquerque, New Mexico, specializing in the industrial and office property sector.

 

1. What advice would you provide to an aspiring advisor who is new to the industry?

Immerse yourself in commercial real estate and use the tools at SVN to jumpstart your business. Complete the System for Growth (S4G), go to Jumpstart, and study My.SVN.com. Get involved in Product Councils, join your local CRE board, learn from the brokers in your office, meet regularly with a mentor, build a database- this list could go on and on. This business is about relationships. A new-to-business broker must build relationships fast, ask the right questions, and use SVN as a resource to gain reputation and exposure.

 

2. What inspired you to open or join an SVN franchise?

I joined SVN to be a part of a national (now international) company with a platform. SVN has the ability, tools and resources to compete for and win assignments. I am thankful to be a part of an organization that continues to improve and pursue excellence.

 

3. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

Certified Commercial Investment Member (CCIM) designation is definitely worth pursuing. The websites of NAIOP, CCIM, SIOR, ULI, and IREM are helpful. Read blogs and books within your product specialty. Google alerts are excellent. Audiobooks on CRE and selling also offer a convenient approach to learning in our busy worlds.

 

4. What was your most memorable deal and why?

Whether it’s a client buying an investment property or purchasing an asset for their business, our success as CRE Brokers is helping people with CRE transactions and providing “Best in Class” service and advice. That’s always memorable.

 

5. What’s a fun fact about yourself?

I had a career in the NFL for eight years and I was a two-sport athlete in college. I played football and baseball all four years at the University of New Mexico. Oh, and “Breaking Bad” used my home several times while filming in Albuquerque!

 

Are you ready to experience the SVN Difference? Check out our Careers page here.

5 for Friday – John Rickert, CCIM of SVN | RICORE Investment Management, Inc.

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This week, our 5 for Friday feature highlights John Rickert, CCIM, Executive Managing Director at SVN | RICORE Investment Management, Inc., based out of Cincinnati, Ohio. John specializes in a number of property sectors including distressed assets, hospitality, institutional capital markets and corporate real estate, among others, throughout the Ohio and Kentucky markets.

 

1. What advice would you provide an aspiring advisor who is new to the industry?

Select a brokerage that provides formal training, offers a mentor program, uses state-of-the-art market data sources and has access to a contact information management system. Also, be prepared to live lean for 12 to 24 months while you learn and build your practice.

 

2. What does the SVN Difference mean to you?

In a phrase, “Compensated Cooperation.” The best brokers create a competitive environment for our clients’ assets. SVN immediately promotes our listings to the entire brokerage community in addition to our pool of clients. We involve the entire market to generate more offers. Our clients select the offer that most closely meets their goals. This includes not only the best price, but also the most favorable terms.

 

3. What learning tools would you recommend to your colleagues to further their knowledge and enhance their careers?

SVN’s System for Growth is a great place to learn how to operate as a sales agent and independent contractor. If I could redo the early part of my career, I would earn the CCIM designation much earlier.

 

4. What inspired you to open or join an SVN franchise?

This answer sounds trite, but I joined because of the culture. When I was doing my due diligence, I attended an SVN national conference and discussed the brand with existing franchisees and SVN executives. People were candid and honest with me, which was particularly important because we were still in the throes of the Great Recession and good news was hard to find. SVN | RICORE is enjoying its seventh year as a franchisee and our business has grown in many ways. I still look forward to the conferences because the people that attend are now my friends, in addition to being my national business network.

 

5. What’s a fun fact about yourself?

My first job after college was as a United States Army Officer and a helicopter pilot.

 

Are you ready to experience the SVN Difference? Check out our Careers page here.