Stephen R. Rigl, MBA, SIOR, CCIM & Frank Melo, CCIM interview on Fried on Business / Radio

October 2, 2014 - Miami, FL

Stephen R. Rigl, MBA, SIOR, CCIM

On October 2nd Realtors from the CCIM Miami District appeared on Jim Fried's radio show to promote CCIM.

Listen to the recording by clicking here.

Real Miami Commercial Real Estate Team

More info on CCIM and Jim Fried's show

Melo Real Estate Web Site

Note: Jim's Fried on Business show has become the voice of the small business community on the radio.  It is a place where thought leaders from across multiple business sectors come together and share ideas and new concepts.

Sandra Goldstein, CCIM, Featured on the Jim Fried Radio Program

Realtor and CCIM Sandra Goldstein talks to radio host Jim Fried about how the CCIM commercial real estate designation helps meet the challenge of being a woman in commercial real estate.

Click here to hear Sandra's interview. 

More about Sandra Goldstein, CCIM (her website)

Certified Commercial Investment Members (CCIM) are recognized experts in the disciplines of commercial and investment real estate, providing invaluable market insight, technical knowledge and best practices to their commercial real estate owner, investor and user clients.

Note: Jim's Fried on Business show has become the voice of the small business community on the radio.  It is a place where thought leaders from across multiple business sectors come together and share ideas and new concepts.

Radio Personalty Jim Fried & CCIM

Coral Gables, Florida - Anacapri Restaurant
September 5, 2014

Jim Fried of the radio talk shows Fried On Business spoke to the CCIM Miami Chapter in September about his show.   His show if directed to the small business community of South Florida.

There is a "broad spectrum of people" that listen to the show all having some connection to South Florida and business. He has had guests on form the University of Miami to the University of Florida and their Center for Real Estate Studies.  See this link for a list of guests.

Recently, Bruce Turkell of Turkel Branks, a local marketing expert was on the show.

Jim is interested in guests that have something interesting to offer, but have fun at the same time.  He is looking to "create content" with a "professional message" for the business community.  The show allows guests to reach other business professionals and is promoting "build our businesses together". He promotes sharing of ideas and concepts.

He is on air each Thursday at 5:00 P.M. / 880 "the biz" AM (radio).

CCIM Miami will be broadcasting 30 second commercials once per month on the show to promote our designation and attract Realtors that want to get into the commercial real estate field.

Radio Host Jim Fried

Jim Speaks to CCIM's

CCIM Miami BOD

 

Jim Fried in action

CCIM Miami Team Runs in MCH5K

Coral Gables - On 09/20/2014 Miami CCIM participated in the Miami Children's Hospital 5K held in Coral Gables, FL.

MCH 5K Finishing Medal

The 5K race had many corporate teams supporting the MCH, and the race course was a 3.1 mile loop around the Coral Gables Country Club Golf Course.  It began and ended at city hall, and all the team tents were set up in this area.

Link to MCH5K Page.  

On twitter view tweets using the #MCH5K hashtag.

The run is one of the best events in Miami. Not only is it a great 5K coruse, but also, there was a lot going on afterward with prizes, tents, giveaways, and plenty of food and drinks.

CCIM Miami is proud to have raised money for this great hospital and plan to support Miami Children's Hospital in 2015.

CCIM 2014 Commercial Real Estate Outlook Conference a Success

On January 22nd the The Miami-Dade CCIM Chapter held its annual Commercial Real Estate Outlook Conference at the Coral Gables County Club.  Approximately 300 Realtors, bankers, attorneys and allied trades attended. 

Economist Dr. Sean Snaith was the keynote speaker. He is the director of the University of Central Florida’s Institute for Economic Competitiveness and a nationally recognized economist in the field of business and economic forecasting.  

Dr. Snaith gave a comprehensive overview of current economic conditions beginning with the challenges due to the "weakest recovery in four plus years" and moving into a fifth year of economic uncertainty.  

He began his speech explaining the definition of uncertainty, and the three factors factoring into the uncertainty index.  They are: newspaper clippings, the number of Federal tax credits to expire and disagreement between and among economic forecasters.

Higher uncertainty means lower private investment, industrial production and employment. In spite of this, the economy continues to unfold and it "continues to accelerate", although he said "it will not be a rocket taking off."

Topics covered were employment, US forecasts, GDP, home equity, housing and a sector-by-sector analysis.  Leading the economy in new jobs will be the construction industry, he said. Regarding unemployment, Dr. Snaith explained that "the government does not count people as unemployed unless they are looking for work" and do not factor into the index. 

Regarding GDP and inflation Dr. Snaith mentioned in his forecast the "take away the punch-bowl just when the party gets going" theory of controlling inflation with higher interest rates, a reference to a 1965 quote by Fed Cheif William Martin who raised interest rates to stave off inflation. 

Additional presenters were:

• Edward J. Redlich, SIOR, CCIM of ComReal Miami, Inc. Industrial Markets
•  Minday Mcllory, VP Terranova Corp.  - Retail Market
• Alex Zylberglait, VP Marcus & Millichap - Investments
• Marty Busekrus, CCIM, Director HFF, LP - Capital Markets
• Jack Lowell, VP, Flagler Real Estate Services, Inc. - Office Market
• Tom Hudson, VP with WLRN - "Sunshine Economy"

Mr. Redlich, Past President of the local Miami CCIM Chapter and President of the Miami Association of Realtors (MAR) Realtor's Commercial Alliance (RCA) compared the 2012 vs. 2013 industrial markets pointing out that industrial lease rates increased from an average of $7.54 to $8.25 per square foot on an "industrial gross" basis. Vacancy, he said, lowered from 6.7% to 6.3%.  Redlich forecasts that the vacancy to drop to as low as 5% due to the strong demand for industrial properties. 

Speakers' PowerPoint presentations

Miami-Dade CCIM Chapter - Board of Directors

Using Land Trusts When Investing in Real Estate

On Friday, September 13, 2013, Louis P. Archambault, Esq., a Bar Certified Real Estate Expert from the law firm Pathman Lewis, LLP, gave a presentation to the CCIM Miami-Dade County/ Monroe Chapters on Florida Land Trusts.

Although routinely ignored by most real estate practitioners as an entity option for purchasing Florida real estate, a land trust could be a viable option depending upon the buyer and his needs.  For example, a land trust may be a great choice for a foreign investor seeking the confidentiality a land trust can provide, while allowing for retention of funds in the United States through the trust structure in an “all cash” investment.  

For more information about land trusts or assistance with your legal needs, please contact Louis at lpa@pathmanlewis.com.

Louis P. Archambault, Esq.

The Growth of the City of Doral / Tony F. Puente, CCIM

Each month the Miami-Dade Monroe District meets for lunch and features a guest speaker. 

Tony F. Puente, CCIM, SVP and Realtor, of Fairchild Partners, Inc., in Coral Gables spoke about The growth of the City of Doral.  Following are some highlights of Tony's presentation:

• In the 1950's Alfred & Doris Kaskel purchased swampland between N.W. 36 Street and N.W. 74 Street for $49,000 to build a golf course / hotel.  Doral is a combination of their names. 
• In the 1980's Doral continued to grow with the development of Doral Esates and Lennar's Doral Park.
• In June 2003, Doral incorporated and it includes 15 square miles. 
• Voted the best city in Florida for business "startups".
• More than 150,000 people travel to Doral each day and there are approximately 9,500 businesses and several fortune five hundred companies located there. Major employers (click here).
• Growth projections are for 12,000 units (1,500 are currently under construction), 2,000,000 sq ft of offices and 900,000 sq ft of retail is on the drawing board. 
• Residential population estimate of 80,000 in 10 to 20 years (it is currently 48,000)..
• Construction on the west segments of the NW 25th Street Viaduct Project is expected to continue, taking 3.5 years and $58,000,000. It will extend the bridge to N.W. 82 Avenue and a link for cargo traffic to and from the Miami International Airport's west cargo area.
• A trolley system serves much of the City of Doral including shopping centers, restaurants parks and MetroRail. 
• Downtown Doral This is a mixed-use community that will consist of 2,840 residences, 1,000,000 sq ft of office and 180,000 sq ft of retail. It is a 120 acre project east of N.W. 87th Avenue on N.W. 53rd Street.  This is east of the famous (Blue Monster) Doral golf course and north of the "White" course. 

Fairchild Partners are commercial Realtors located at 6705 Red Road in Coral Gables, FL and Tony can be reached at 305-668-0620.

Tony F. Puente, CCIM