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SOLOT AND DRACHMAN HONORED AS REAL ESTATE ‘LEGENDS’
Two CREs recently were honored by the Southern Arizona CCIM Chapter as “Legends of Commercial Real Estate:” Sanders K. Solot, CRE, consultant appraisal review, Alliance Bank of Arizona, Tucson; and the late Roy P. Drachman, formerly of Tucson. Honoring their real estate achievements, the chapter noted that Solot, at age 16, was the youngest person to receive an Arizona real estate license, giving him an early start in becoming among the mostrespected appraisers in Tucson. The chapter also noted that Drachman played a critical role in convincing the Hughes Company (now Raytheon Missile Systems) to locate in Tucson rather than Phoenix or Albuquerque, in 1951. The event was featured in the March edition of Inside Tucson Business, and can be viewed at www.InsideTucsonBusiness.com.
 
U.S. Economy Headlines CRE Annual Convention Program
Ron Insana, CNBC senior analyst and Jeffrey DeBoer, president and CEO, The Real Estate Roundtable spoke with 2012 CRE Chair Kenneth P. Riggs, Jr., president of Real Estate Research Corporation at the CRE 2011 Annual Convention in Washington DC November 3rd. The U.S. economy took center stage in program sessions that attracted near-record attendance by CRE members.
 
GILBERTSON RESHAPES CAREER
Barry Gilbertson, CRE, has retired as a partner at PricewaterhouseCoopers, in the UK, to focus solely on his own practice, Barry Gilbertson Consultancy, in London, England. In this role, Gilbertson will be providing strategic property advice to corporations. In addition, Gilbertson has accepted a role as a non-executive consultant to Knight Frank, the international property advisers—the first commission in his new professional career, and will serve as a director of MI Developments Inc., a Canadian real estate investment company, based in Toronto. He will also serve as a business consultant for two emerging businesses— The Local Data Company and Spiralite, both UK-based. - Barry Gilbertson, CRE
 
LEE AND SMITH CELEBRATE 20 YEARS TOGETHER
CREs James S. Lee, senior principal, Kensington Realty Advisors, Inc., and James S. Smith, managing principal, also of Kensington Realty Advisors, Inc., Chicago, recently celebrated their firm’s 20th anniversary. The firm specializes in investment strategy formulation, acquisition, development, finance and asset management of institutional quality assets; commercial (general), industrial, multifamily, office buildings, and retail.
 
PLISKA ADDRESSES CHAMBER OF COMMERCE
Robert J. Pliska, CRE, managing director, Sperry Van Ness/Property Investment Advisors, LLC, Birmingham, Mich., recently presented a real estate forecast to the Birmingham Bloomfield Chamber of Commerce, which represents six communities in the northern suburbs of Detroit. Pliska discussed U.S. capital markets, property sales, sales by property type, quarterly cap rate trends, cumulative commercial mortgage distress, market challenges in 2011, his “unofficial forecast,” and market opportunities. - Robert Pliska, CRE
 
MCKINNEY FORMS NEW FIRM
Michael B. McKinney, CRE, Addison, Texas, recently has formed a new company called BH Capital for which he serves as chief executive officer. In this role, he is responsible for the overall strategy of the firm, along with the development of investment relationships and the identification of loan acquisition opportunities. The firm specializes in the purchase of real estate and non-real estate debt instruments, including both performing and non-performing loans. BH Capital, a Behringer Harvard related company, sponsors a portfolio of non-listed REITs and limited partnerships that account for $11 billion in assets under management. - Michael McKinney, CRE
 

Upcoming National Meetings
2012 Midyear Meetings
April 22-25, 2012
Fairmont Millennium Park Hotel
Chicago, IL

2012 Annual Convention
October 14-17, 2012
Loews Miami Beach
Miami, FL

2013 Midyear Meetings
April 28-May 1, 2013
The Waldorf Astoria Hotel
New York, NY

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Copyright 2012 The Counselors of Real Estate.