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The CRE 2014 Top Ten Issues Affecting Real Estate
Energy, jobs and the effect of the Millennial generation lead the list of The Counselors of Real Estate’s 2014 Top Ten Issues Affecting Real Estate. CRE Chair Hugh F. Kelly, CRE, Ph.D., presented the list as the opening speaker at The National Association of Real Estate Editors annual conference in Houston. Click here for more about the issues.
McCoy Inducted into Stanford Hall of Fame
At two events in late 2013, Bowen H. ‘Buzz’ McCoy, CRE, president, Buzz McCoy Associates, Inc., Los Angeles, was inducted into the Stanford Real Estate Hall of Fame, an honor bestowed by the SPIRE (Stanford Professionals in Real Estate) alumni group, which recognizes “pioneers” in the real estate industry whose impact and legacy have brought acclaim to them and the university. Criteria for the award include: sustained positive impact upon the broadly defined world of real estate; universal recognition as an icon of the industry; demonstrable contributions to the Stanford community as a whole; consistently bestowing distinction upon themselves, their companies and Stanford University by maintaining a standard of excellence and achievement; among others. In his career, McCoy was a general partner of Morgan Stanley where he developed and ran the commercial real estate finance units for many years. In 2000, National Real Estate Investor named him a “20th Century Icon” in commercial real estate for his work integrating commercial real estate finance into the capital market system. As a Stanford graduate, McCoy served in many roles there, including as Executive-in-Residence and as president of the Stanford Alumni Association. In 1989, the university honored him with its Golden Spike award. He earned a bachelor of arts degree in economics at Stanford and a master’s degree in business administration from Harvard. McCoy was honored at Stanford in October, and again in Los Angeles in November.
Edward S. Hill, Esq., CRE, partner, Cappalli & Hill, LLC, Cheshire, Conn., recently was published as lead author of Connecticut Common Interest Ownership Manual, Second Edition by the Connecticut Bar Association. The book provides models of documents that reflect changes in the law and current best practices for the creation, operation and governance of condominiums, co-ops and planned unit developments. The manual also includes commentary to help the drafter prepare modern effective documents, and updates materials from the original manual, published in 1984. - Edward Hill, CRE
Steven R. Norris, CRE, principal, Norris Realty Advisors, Pasadena, Calif., is providing consulting services for the Port of San Diego on a major naval shipyard that consists of 82 waterfront acres; and the Port of Los Angeles on the Pier 400 cargo container facility, which is the largest publicly owned container facility in the U.S. Both projects involve ongoing lease renewal negotiations. Norris also recently completed valuation and consulting work on the largest warehouse facility in Los Angeles County—the former Sears warehouse facility in East Los Angeles that consists of more than 1.8 million square feet and is listed on the National Registry of Historic Places. Advisory services provided included appraisal and consulting for potential mortgage underwriting purposes. - Steven Norris, CRE
James D. Zupancic, Esq., CRE, president, Zupancic Rathbone Law Group, PC, Lake Oswego, Ore., recently oversaw the completion of a community club in Lake Oswego that he designed to promote a healthier lifestyle by offering family activities. An article in Lake Oswego Review featured Zupancic and the club, a personal dream of Zupancic’s and his wife. The article noted that he suffered a heart attack during the club’s construction, ironically, while pursuing his goal of promoting a healthier lifestyle for his community. - James Zupancic, CRE
Gregory P. Gheen, CRE, president, Realty Trust Group, Knoxville, Tennessee, recently was interviewed by The Advisory Board Company for an article entitled “Current Trends in Physician Real Estate Ownership.” In the article, Gheen addressed the many factors impacting medical practitioner’s decisions and the benefits and challenges faced by physicians who own real estate, which include reassessing real estate strategies; why physicians choose to invest in real estate; and how the decision to sell real estate may impact the physician practice. - Greg Gheen, CRE

Upcoming Meetings

2014 International Conference
September 11-13, 2014
Istanbul, Turkey

2014 Annual Convention
October 26-29, 2014
Fairmont Copley Plaza
Boston, MA

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Real Capital Analytics

Real Estate Research Corporation

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