CCIM Luncheon May 11, 2017

BY RAY HANKAMER
rhankamer@gmail.com

Speakers: Frank and Kirby Liu of POST HOUSTON; Jim Murnane of Imperial Market ‑ Sugar Land

POST HOUSTON:
Frank Liu and his son Kirby made a fascinating presentation of their plans to re-concept the old downtown Houston Central Post Office, located walking distance from the theatre district, and between I-10 and Buffalo Bayou.

Click to read the rest of this Article.

How to build your business on a firm foundation and keep ahead of your competitors

BY RAY HANKAMER
rhankamer@gmail.com

Authors Note: For forty years I was a franchisee with Holiday Inn (Now IHG), and Hilton, two outstanding international brands. I had a chance to observe close-up what they did to achieve and maintain their leadership in a highly competitive industry. Much of what I learned has direct application to real estate developers, landlords, and brokers.

Click to read the rest of this Article.

 

Ray interviews Joe Watson, Axis Point Developers

BY RAY HANKAMER
rhankamer@gmail.com

Can you give us a bit of your background in commercial real estate, including your many trips to Saudi Arabia and their purpose?

In the early part of my career, like many developers, I worked in several commercial fields including shopping centers, office, apartments, and mixed-use developments.  It did not take long to decide to focus on multi-family, both garden and mid-rise communities.  For fifteen years I built apartments in numerous cities in six states.  A lot of the equity for those developments was supplied by American ex-pats and Saudi investors, which necessitated a total of 23 trips to the Middle East. Those trips jump-started my interest in international travel, and hugely expanded my horizon from the small central Texas town where I was raised.

Click to read the rest of this Article.

CCIM Commercial Real Estate Forecast

Speaker:  Dr. Mark Dotzour

  • US economy nearing full employment, having grown slowly but strongly under previous administration from 2007-2008 financial meltdown/recession
  • Higher interest rates in our future, although they will come slowly
  • Economy strengthening which has taken place over past 8 years will lead to labor shortages, wage increases, and some inflation

Click to read the rest of this Article. 

Helpful and Interesting Tidbits from Commercial Real Estate Brokers Continuing Education Course-Texas A&M Real Estate Center October 2016

The following “bullet points” are excerpted from a long list of speaker over nineteen hours of presentations:

Investment Climate in Houston:

  • There is ample capital seeking yields…“dry powder” in closed-in funds at all time high; cash more available for mergers & acquisitions, not so much for new construction except retail and industrial
  • Lenders and investors are upping the percentage of capital available to commercial real estate (CRE); however construction debt is difficult in this economic and regulatory climate

Click to read the rest of this Article.