Paul Massey, CRE, CEO, Cushman & Wakefield, New York, N.Y., has officially entered the 2017 race for Mayor of New York City. According to a statement on his campaign’s Facebook Page, Paul said, “I firmly believe New York City’s best days are ahead. This is not a tale of two cities, this is the world’s greatest city and diversity is our strength.” Paul founded Massey Knakal in 1998, which he later sold to Cushman & Wakefield in 2014. He has been a member of The Counselors for 10 years.
On the Move
Cynthia Shelton, CRE, Orlando, Fla., has joined LandQwest in Orlando as Senior Managing Director of Investments. In this new role, Cynthia will be working across Florida to head up the Investment/Capital Markets division for the company. She will not only work with clients, but will also hire investment brokers and agents in the Office, Industrial, Retail and Multi-Family specialties.
Marilee Utter, CRE, Denver, Colo., has returned to national advisory work through her role as President of Citiventure. In this role, she will be focusing on development services to both the public and private sectors with concentrations in Transit Oriented Development, urban regeneration, Public/Private Partnerships, and transformational real estate.
Jon Yamaguchi, CRE, President & CEO, Yamaguchi & Yamaguchi, Inc., Honolulu, Hawaii and Nicholas Captain, CRE, President, Captain & Associates, Hagatna, Guam, will be representing CRE as Chief Delegate and Alternate Chief Delegate respectively at the 28th Pan Pacific Congress for Real Estate Appraisers, Valuers and Counselors hosted by the Japan Association of Real Estate Appraisers. Hiroyuki Isobe, CRE, Chairman, Japan Valuers Co., Ltd., Tokyo, Japan, is the Alternate Chief Delegate representing Japan. The three CREs intend to spread goodwill from their countries and enlighten participants about The Counselors of Real Estate in hopes of establishing meaningful relationships. The Conference will be held in Kyoto September 26-29.
Robert Nahigian, CRE, Principal, Auburndale Realty Company, Newton, Mass., has been reappointed to the Massachusetts Real Estate Licensing Board Education Subcommittee. His duties during his one-year term will include reviewing continuing education courses, as well as rewriting and upgrading new courses. Nahigian also spoke at several events including those for the Greenville Association of Realtors, The Seattle Commercial Association of Realtors/SIOR Washington Chapter and the Houston Association of Realtors/SIOR Houston Gulf Coast, and taught courses for Boston University, the Central Massachusetts Association of Realtors and the SIOR National Designation courses.
Bill Brownfield, CRE, Principal, Brownfield & Associates, LLC, Houston, Texas, was recently awarded the prestigious ‘Top Producer Award’ for 2015 by the Argus Self Storage Sales Network, an affiliation of 40 brokers nationwide who specialize in self storage consulting and brokerage. Bill, the Argus affiliate for Central & South Texas, won the same award in 2013. Bill also presented to the Houston Bar Association’s Real Estate Law Section on the topic of “Understanding, Preparing & Grossing Up Expense Escalations” which is based on the recent edition of his book of the same title.
Victor Calanog, CRE, Chief Economist and Senior Vice President, Reis, Inc., New York, N.Y. David Lynn, CRE, CEO and Co-Founder, Everest High Income Property, Montara, Calif., Ken Riggs, CRE, President, RERC, LLC, Waverly, Iowa, and Ray Torto, CRE, Guest Lecturer, Harvard University – Graduate School of Design, Marblehead, Mass., served among the judges for the inaugural NREI/IMN 2016 Commercial Real Estate awards, a collaboration between National Real Estate Investor magazine and Information Management Network. The awards honor the outstanding achievements of real estate organizations over the past 12 months. The awards were presented in June 2016.
Gregory Ibbetson, CRE, Owner/Broker, Ibbetson Commercial Real Estate Services, Huntington Beach, Calif., was recently inducted to a three-year term as Treasurer of The Arc of Los Angeles and Orange counties—a non-profit organization committed to serving people with intellectual and developmental disabilities. Greg’s duties as treasurer will include oversight of the annual budgeting, reserve investments, managing monthly and annual cash flows, monthly financial statements and annual audits. Working in conjunction with the CFO on these duties, Greg will also assume responsibility for advising the Board at their monthly meetings. As treasurer, he will hold seats on both the Executive Committee and Board of Directors.
Peter Burley, CRE, Oak Park, Ill., has recently participated in several interviews focusing on the 2016-2017 Top Ten Issues Affecting Real Estate. Peter appeared on the Commercial Real Estate Show with Michael Bull in June. That interview can be heard here. Peter was also interviewed by Gil Gross on The Home Show in July.
Robert Bach, CRE, Director of Research – Americas, Newmark Grubb Knight Frank, Chicago, Ill., has recently been interviewed by Bisnow on his views on how the June Jobs Report will affect real estate. According to Bob, “Even moderate job growth, combined with low levels of new construction, should be enough to push office vacancies lower and rents higher in the second half of the year.” Bob appeared in another June Bisnow article focusing on the effects of the Fed’s nixing of a June rate hike: “We have been wringing our hands over rising interest rates for several years—increases that still haven’t appeared and may arrive even further in the future and at a slower pace than almost anyone imagined.”
Steven D. Leader, CRE EMERITUS, New York, N.Y., served as a Panel Member Role-Play Coach in the New York City Bar Association’s Advanced Commercial Mediation Program. During this program, attorneys were provided the skills needed to mediate in the New York Supreme Court Commercial Division through a combination of lectures, interactive exercises, and role-plays. Topics included: pre-mediation processes; specialized techniques for dealing with distributive/money issues; performing risk assessments; conducting difficult conversations with parties/counsel; the use of evaluative techniques; impasse breaking techniques; the use of term sheets/settlement agreements; and ethical issues.
In the News
Gary Ralston, CRE, President, Coldwell Banker Commercial Saunders Ralston Dantzler Realty, Lakeland, Fla., was recently featured in the July 16, 2016, edition of the Lakeland Ledger where he discussed CREs 2016-2017 Annual Top Ten Issues Affecting Real Estate. In the article, titled Housing headwinds, Gary discussed the effects millennials, urbanization, the political environment, and tech sharing and the virtual market have on the housing market.