S.E.C. Real Estate Observer

Welcome to the spring 2015 issue of the S.E.C. Observer. In this issue, John Brennan, S.E.C., CCIM, the 2015 president of the Society, shares his theory that “benefits rule.” Ernie Eden, S.E.C., CCIM, encourages you to “invest in your multi-family properties so that you may increase your returns.” Additionally, William E. Stonaker, S.E.C., CCIM, explains […]

Imagine for a moment that you are attending a marketing session in which there are no properties. Rather, each attendee brings with them a basket of benefits to a potential transaction. They attend the meeting for the sole purpose of marketing the benefits specific to their baskets.

Sometimes we can simply improve management or make changes that don’t cost much money. But the greatest gains in NOI usually take place because the owner actually invests cash in improving a property. Here are a few ideas that may be useful in your community.

Whew, 2008 has come and gone! After a very rough period, landlords are finally seeing some great days in the retail game. About time! It could not happen too soon for those of us who own shopping centers. Most of the retail categories are seeing a lot of activity. However, brick-and-mortar retailers still remember 2008 too. Potential tenants are doing things much smarter this time around. We property owners must also be smarter about how we do things. Thus, the title of this article: “Lease with a Purpose, Not Just to Fill Space.”

Consider a standard $1m income property that a seller bought years ago for $700k and since depreciated to a book basis of $500k. The sale of this property could result in possible exposure to a capital gain tax on $500k. A standard proposal by a buyer would be to offer $650k cash from a new […]

Preconceived thoughts: These are taboo when brainstorming. If you have a preconceived idea about a person or a thing, it will cause your brainstorming session to be contaminated. It is the same with everything from religion to the food we eat. For true brainstorming you must let the juices flow. There can be no absolutes.

The S.E.C. Education Foundation is off to a great start for 2015! On April 24, John Brennan, S.E.C. and CCIM, and Gary Vandenberg, S.E.C. and CCIM, will present “Broker Estate Building” in Omaha, Nebraska. More information about the course, which will be sponsored by the local CCIM chapter, is posted in the “Upcoming Events” page of the S.E.C. Observer.

The S.E.C. National Invitational Marketing Session will be held at the Embassy Suite–Old Market, which is located at 555 South 10th Street, Omaha, NE, 68102.

The S.E.C. Education Foundation and the Society of Exchange Counselors are pleased to announce that Mike Bitter will present “Social Media Demystified” from 8:30 a.m. to 4:30 p.m. on May 17 in Omaha, Nebraska.

Wichita real estate investor Colby Sandlian will have a endowed scholarship in his name. The CCIM Foundation created the scholarship in honor of Sandlian’s longstanding and ongoing contribution to the commercial real estate industry and the Kansas chapter of CCIM, which stands for Certified Commercial Investment Member.