Indiana Commercial Board of REALTORS® http://www.myicbr.org The statewide association for commercial real estate professionals in Indiana. Fri, 12 Feb 2016 21:27:41 +0000 en-US hourly 1 Seven ICBR Members Inducted into Midwest Commercial Real Estate Hall of Fame http://www.myicbr.org/seven-icbr-members-inducted-into-midwest-commercial-real-estate-hall-of-fame/ http://www.myicbr.org/seven-icbr-members-inducted-into-midwest-commercial-real-estate-hall-of-fame/#respond Mon, 08 Feb 2016 13:55:03 +0000 http://www.myicbr.org/?p=4165 Read More ...]]> INDIANAPOLIS – Seven members of the Indiana Commercial Board of REALTORS® (ICBR) have been inducted into the Midwest Real Estate News 2015 Commercial Real Estate Hall of Fame.

ICBR would like to congratulate the following professionals on this honor:

  • Drew Augustin, CCIM, SIOR Alliance Commercial Group, Indianapolis
  • John Demaree, SIOR, Colliers International Indianapolis
  • David Lasser, CCIM, SIOR, Commercial In-Sites, Merrillville
  • Charlie Podell, Duke Realty Corporation, Indianapolis
  • David Reed, Bradley Company, Indianapolis
  • Cheri Shepherd, Cushman & Wakefield, Indianapolis
  • Angela Wethington, Browning Investments, Indianapolis

Augustin and Reed currently serve as immediate past president and president on the ICBR board of directors respectively.

A tenured industry professional with more than 29 years of experience, Reed leads the Bradley Company Indianapolis office and has a long-standing history with ICBR. He has served many years on the board of directors and has held the office of both secretary/treasurer and vice president.

Augustin boasts more than 40 years in commercial real estate, focusing on office and industrial sales and leasing as co-developer and owner of several office and industrial buildings throughout central Indiana. He is an ICBR charter member, joining the association at its inception in 1994, and served as president of the organization in 2015.

A complete list of the 2015 Hall of Fame inductees and bios can be found online.

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About ICBR
The Indiana Commercial Board of REALTORS® is a commercial overlay board for commercial real estate professionals.  Its members are dedicated to serving the needs of commercial clients in aspects of brokerage, leasing, appraising, property management, and development.  ICBR has a statewide membership base of more than 600 professionals.  For more information, visit the ICBR website at www.myICBR.org.

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ICBR Supports House Bill to Increase Restaurant Development http://www.myicbr.org/icbr-supports-house-bill-to-increase-restaurant-development/ http://www.myicbr.org/icbr-supports-house-bill-to-increase-restaurant-development/#respond Fri, 05 Feb 2016 16:23:04 +0000 http://www.myicbr.org/?p=4162 Read More ...]]> INDIANAPOLIS – The Indiana Commercial Board of REALTORS® (ICBR) has announced its support of House Bill 1118 which was passed February 2, and now moves to the Senate.

This bill allows for the creation of ten three-way liquor permits for restaurants in communities located in counties with a population between 270,000 and 300,000 residents, and ten one-way, two-way or three-way permits for restaurants in communities located in counties with a population between 55,000 and 57,000 residents.

The passing of this bill would immediately impact Hamilton and Boone counties.

“The Indiana Commercial Board of REALTORS® supports state legislation that promotes economic development. House Bill 1118 encourages development and redevelopment of commercial real estate in areas designated for that purpose,” says Ken Williams, ICBR legislative committee chair. “Throughout Indiana, commercial REALTORS® have seen firsthand that promoting and enhancing the quality of life in our communities leads to overall economic growth and development. Therefore, we support this legislation.”

Per the bill, the restaurant must be located within an economic development area, an area needing redevelopment or a redevelopment district established under Indiana Code 36-7-14.

Inquiries regarding this statement and ICBR’s advocacy efforts may be directed to Lindsey Knight, CAE, executive director.

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About ICBR
The Indiana Commercial Board of REALTORS® is a commercial overlay board for commercial real estate professionals.  Its members are dedicated to serving the needs of commercial clients in aspects of brokerage, leasing, appraising, property management, and development.  ICBR has a statewide membership base of more than 600 professionals.  For more information, visit the ICBR website at www.myICBR.org.

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Discovering Commercial Real Estate Course Returns to Bloomington http://www.myicbr.org/discovering-commercial-real-estate-course-returns-to-bloomington/ http://www.myicbr.org/discovering-commercial-real-estate-course-returns-to-bloomington/#respond Wed, 03 Feb 2016 21:45:11 +0000 http://www.myicbr.org/?p=4158 Read More ...]]> INDIANAPOLIS – The Indiana Commercial Board of REALTORS® (ICBR) is pleased to announce its popular continuing education course, Discovering Commercial Real Estate (DCRE), will return to Bloomington, Indiana, February 29, at the Hilton Garden Inn.

Registration is now open and all real estate professionals; residential, commercial, ICBR member and non-members are encouraged to attend.  Members of the Bloomington Board of REALTORS® or ICBR will receive the lowest pricing.

Offering four hours of continuing education (CEU), DCRE provides an overview of the basics of commercial real estate and how it differs from residential practices.

“The course has received great feedback from attendees and is the perfect introduction for those new to or thinking about joining the commercial real estate profession,” said Stan Evans, DCRE instructor.

Through the course attendees will be able to distinguish and understand the commercial broker’s role and discover different types of commercial properties, terms, valuation methods, marketing and resources available for further education. DCRE is a great opportunity to expand professional understanding of the commercial real estate industry.

What: Discovering Commercial Real Estate Course

When: February 29, 2016
8 a.m. – 12 p.m.

Where: Hilton Garden Inn
245 N. College Ave.
Bloomington, IN 47403

Early bird registration ends February 19, offering all four CEUs for as little as $60. Pre-registration is highly encouraged, however registrations will be accepted onsite. Additional details and registration information is available at www.myICBR.org/disovering-cre.

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ICBR is a commercial overlay board for commercial real estate professionals.  Its members are dedicated to serving the needs of commercial clients in aspects of brokerage, leasing, appraising, property management, and development.  ICBR has a statewide membership base of more than 600 professionals.  For more information, visit the ICBR website at www.myICBR.org

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ICBR supports 21st Century Crossroads Proposal to add $1 billion in road funding over next four years http://www.myicbr.org/icbr-supports-21st-century-crossroads-proposal-to-add-1-billion-in-road-funding-over-next-four-years/ Mon, 25 Jan 2016 15:54:17 +0000 http://www.myicbr.org/?p=4136 Read More ...]]> INDIANAPOLIS – The Indiana Commercial Board of REALTORS® (ICBR), the statewide organization for commercial real estate practitioners, has announced its support of Governor Mike Pence’s 21st Century Crossroads Proposal for the current legislative session.

Represented under Senate Bill 333, this plan would make $1 billion in new road funding available over the next four years through a measured combination of funding resources without raising taxes.

“While ICBR acknowledges the need to find a long-term funding solution and understands the merits of other plans that promote tax increases, we believe that the current economic conditions do not support such actions,” says Ken Williams, ICBR legislative committee chair. “Governor Mike Pence’s plan to refinance existing bonds and invest state reserves to fund infrastructure improvements, without tax increases, best supports the economic growth of Indiana.”

If adopted, the Indiana Department of Transportation (INDOT) would be positioned to resurface 16,000 miles of state highways and repair more than 5,200 bridges as stated by the governor’s office.

ICBR supports the continued investment, maintenance and improvement of Indiana’s highway, air and rail systems as they are a lifeline by which commercial traffic travels through the state, and are a vital component to the determination of economic development projects and growth, as cited in ICBR’s adopted advocacy statement.

Inquiries regarding this statement and ICBR’s advocacy efforts may be directed to Lindsey Knight, CAE, executive director.

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About ICBR
The Indiana Commercial Board of REALTORS® is a commercial overlay board for commercial real estate professionals.  Its members are dedicated to serving the needs of commercial clients in aspects of brokerage, leasing, appraising, property management, and development.  ICBR has a statewide membership base of more than 600 professionals.  For more information, visit the ICBR website at www.myICBR.org.

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ICBR Receives Award from the National Association of REALTORS® http://www.myicbr.org/icbr-receives-award-from-the-national-association-of-realtors/ Wed, 06 Jan 2016 15:59:44 +0000 http://www.myicbr.org/?p=4031 Read More ...]]> INDIANAPOLIS – The Indiana Commercial Board of REALTORS® received a 2015 Accredited Commercial Excellence Award (ACE) from the National Association of REALTORS®.

ICBR was recognized in the area of Technology and Data for its partnership with a local appraisal group to create and house a private database of appraisal comp data through the vendor which provides the Indiana Commercial Real Estate Exchange (ICREX) to ICBR. The system is the first of its kind for this vendor and can be developed in numerous markets to further develop relations between commercial brokers and other industry groups.

Nominations were submitted from REALTOR® boards across the country to NAR Commercial in seven categories. One winning association was selected in each category, along with a second association receiving honorable mention.

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About ICBR
The Indiana Commercial Board of REALTORS® is a commercial overlay board for commercial real estate professionals.  Its members are dedicated to serving the needs of commercial clients in aspects of brokerage, leasing, appraising, property management, and development.  ICBR has a statewide membership base of more than 600 professionals.  For more information, visit the ICBR website at www.myICBR.org.

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Meet the President http://www.myicbr.org/meet-the-president/ Tue, 05 Jan 2016 19:53:19 +0000 http://www.myicbr.org/?p=4029 Read More ...]]> David Reed

Each month, ICBR honors one of its members in a special Member Spotlight. This month we would like to introduce you to incoming ICBR president David Reed, Bradley Company Indianapolis.

ICBR: Why are you an ICBR member? What do you look to gain out of your membership?

DavidReed2Reed: First and foremost, being a Realtor is about giving back to our community, our industry that has blessed us all and our Company.

ICBR provides us with educational opportunities, networking and a commercial information exchange as well as a tremendous amount of property data and comps through ICREX.  Our Annual Conference provides industry specific education as well as an opportunity to see colleagues and in some cases get and give referrals. Our board gives us a mechanism to handle disputes, and guidelines for ethic and consumer protection.

Through national training, articles and events we provide guides to running a successful business, technological trends and tool.  NAR is the largest association in the world and has a huge war chest to tackle legislative issue, many which are specifically commercial.

Our website gives each member a personal web page which is very helpful to the smaller practitioner, or a member in transition.

I cannot imagine not being a realtor.

ICBR: Describe a time you used an ICBR member benefit, and how it helped you or your company.

Reed: ICBR pioneered the Broker Lien Law and I have used this tool on a number of occasions.  It was particularly helpful in the downturn of 2007, when properties were moving into receivership status pretty frequently.

 

ICBR: How did you start your career in commercial real estate/development?

Reed: I started my career as an apartment broker in Cincinnati, Ohio in 1985.

ICBR: Do you have any mentors? If so, who? How has he/she inspired you?

Reed: My mentor is Brad Toothaker who is President and CEO of Bradley Company.  His current focus is to keep Bradley Company flexible, nimble and entrepreneurial as we grow to a multi-state Super Regional Firm with over 9 million square feet of Asset Services and 50 brokers.

ICBR: What is the most important thing you have learned by working in commercial real estate?

Reed: If you focus on doing the next right thing, everything seems to work out.

ICBR: What is your current professional goal(s)?

Reed: To build a $10 million dollar business unit for Bradley Company in Indianapolis and to expand our brand into Ohio, Kentucky and Tennessee.

ICBR: What is your most recent accomplishment?

Reed: Developing a national commercial real estate brokerage coaching practice through Rod Santomassimo’s Company (The Massimo Group)  Rod and I met at the ICBR Conference in 2015.  This seems to compliment my executive role at Bradley by establishing contacts around the country, connecting me with best practices and training materials and helping me to improve my production.

ICBR: Special interests or hobbies?

Reed: Interests include Fly Fishing, hiking, springer spaniels (especially mine) and traveling, particularly to warm places with beaches/

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Looking to the Future in 2016 http://www.myicbr.org/looking-to-the-future-in-2016/ Thu, 17 Dec 2015 18:37:16 +0000 http://www.myicbr.org/?p=3954 Read More ...]]> As we move toward the holidays and a new year, here are just a few of the things ICBR is looking forward to in 2016.

  • Increased listing exposure for ICREX subscriber listings
    As an added benefit to ICREX subscribers, the newly designed ICBR association website provides consumer-friendly search functions. With the click of a button subscriber listings and broker profiles can be viewed by the public. The website also features information and listings on four city-specific pages which highlight Indiana’s major markets: Indianapolis, Evansville, South Bend, and Fort Wayne.
  • 2016 Indiana Commercial Real Estate Conference
    Continuing ICBR’s tradition of offering all required continuing education per real estate license law, the 2016 Indiana Commercial Real Estate Conference will be held May 5-6, at the Ritz Charles in Carmel. Look for details in early 2016 or visit the conference webpage.
  • Brand new education program
    In 2016 ICBR will be rolling out a brand-new education program to help guide brokers in to the commercial real estate industry.
  • District Day – 2 hours FREE continuing education for ICBR members
    For the first time ever, ICBR will offer 2 hours of free CE to all ICBR members. Make plans to join your district representative on February 25 for this education opportunity in your own backyard.
  • Online CE Opportunities
    In addition to increased listing exposure, the new website also offers the opportunity for online education. Due Diligence Done Right, first offered at the 2015 conference, is the first session available for purchase. Contact ICBR for more information, and look for more courses in the coming year.
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ICBR Shines in Membership & Marketing at ISAE STAR Awards http://www.myicbr.org/icbr-shines-in-membership-marketing-at-isae-star-awards/ Tue, 15 Dec 2015 13:54:57 +0000 http://www.myicbr.org/?p=3925 Read More ...]]> INDIANAPOLIS – The Indiana Commercial Board of REALTORS® was awarded the Innovative Marketing Campaign and Innovative Membership Program awards at the annual ISAE STAR Awards banquet, December 10, at 502 East Event Centre in Carmel, Indiana.

Hosted by the Indiana Society of Association Executives, the STAR Awards recognize and celebrate the accomplishments of Indiana’s association industry and the individuals who help make the industry a success.

The innovative marketing and membership awards honor a social media campaign promoting the Indiana Commercial Real Estate Exchange (ICREX), a commercial real estate listing platform owned and operated by ICBR, and ICBR’s online new member orientation program.

More than 80 nominations were submitted for this year’s awards program statewide.

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About ICBR
The Indiana Commercial Board of REALTORS® is a commercial overlay board for commercial real estate professionals.  Its members are dedicated to serving the needs of commercial clients in aspects of brokerage, leasing, appraising, property management, and development.  ICBR has a statewide membership base of more than 600 professionals.  For more information, visit the ICBR website at www.myICBR.org.

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Indianapolis Bradley Company Executive to Lead ICBR in 2016 http://www.myicbr.org/indianapolis-bradley-company-executive-to-lead-icbr-in-2016/ Thu, 03 Dec 2015 17:37:38 +0000 http://www.myicbr.org/?p=3812 Read More ...]]> INDIANAPOLIS – The Indiana Commercial Board of REALTORS® is pleased to announce the election of David Reed, Bradley Company Senior Vice President, as its 2016 board president.2016 Board Induction_David & Drew

A tenured industry professional with more than 29 years of experience, Reed leads the Bradley Company Indianapolis office and has a long-standing history with ICBR. He has served many years on the board of directors and has held the office of both secretary/treasurer and vice president.
Over the course of his career Reed has completed more than 500 transactions, selling or leasing more than 10 million square feet with a market value of more than $150 million.

It is this experience that will drive the organization in 2016, as ICBR works to increase member engagement, enhance service offerings, grow its base of professionals and increase the market presence of the Indiana Commercial Real Estate Exchange (ICREX).

Many of these goals began under the direction of current ICBR president, Drew Augustin, CCIM, SIOR, Alliance Commercial Group. During his 2015 leadership ICREX saw a 20 percent increase in subscriptions and ICBR membership gained nearly 100 new members. These accomplishments only help further the organization’s mission to be the voice of commercial real estate in Indiana.

While Reed will not officially take office until January 1, ICBR held a formal induction ceremony November 19, at Broadmoor Country Club welcoming him and other new board members to their positions.

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About ICBR The Indiana Commercial Board of REALTORS® is a commercial overlay board for commercial real estate professionals. Its members are dedicated to serving the needs of commercial clients in aspects of brokerage, leasing, appraising, property management, and development. ICBR has a statewide membership base of more than 600 professionals. For more information, visit the ICBR website at www.myICBR.org.

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Member Spotlight: December 2015 http://www.myicbr.org/member-spotlight-december-2015/ Wed, 02 Dec 2015 20:29:54 +0000 http://www.myicbr.org/?p=3606 Read More ...]]> Troy Reimschisel

Each month, ICBR honors one of its members in a special Member Spotlight. This month we recognize Troy Reimschisel, with Sperry Van Ness Parke Group

ICBR: Why are you an ICBR member? What do you look to gain out of your membership?

Troy Reimschisel 0693Reimschisel: I am an ICBR member because ICBR is the only 100% commercial real estate board/association of brokers in Indiana and my business focus is CRE. I also value the ICREX marketing and research tools, and networking among ICBR members in my district and statewide is beneficial for my clients and my business.

ICBR: Describe a time you used an ICBR member benefit, and how it helped you or your company.

Reimschisel: I can describe two:

1) I was contacted by a California broker because he saw my profile on ICREX and I won the listing on a property in Indiana owned by the broker’s California client; and,

2) by being an ICBR Board member and networking I met Drew Augustine and he referred me to a client of his and I recently won a sizable listing with that client.

ICBR: What designations/awards/recognition have you received?

Reimschisel: I consider it an honor to serve my fellow brokers in Northeast Indiana as their District 2 Representative on the ICBR Board for the past 3 years.

ICBR: How did you start your career in commercial real estate/development?

Reimschisel: I started investing in real estate in 2002 after being laid off by a management consulting firm. My father introduced me to David Norton, a CRE broker in Fort Wayne who then introduced me to a couple other brokers. One of those brokers, Bob Hudson, suggested that I get my real estate license and go to work as a CRE investment broker. The rest is history, as they say.

ICBR: Do you have any mentors? If so, who? How has he/she inspired you?

Reimschisel: I do not have anyone that I would call my official or formal “mentor”; but, my father has always inspired me because he is a great example of rising above his life circumstances to build a successful business and family. There are a few senior brokers in northeast Indiana and in the SVN network that I look to for advice and guidance when necessary. Above all, my personal relationship with and faith in Jesus Christ provides direction in my life and business.

ICBR: What is the most important thing you have learned by working in commercial real estate?

Reimschisel: The most important thing we can do as CRE professionals, indeed our most important duty, is to serve our clients to the very best of our ability and to always place our clients’ interest above our own.

ICBR: What is your current professional goal(s)?

Reimschisel: My current professional goal is to be the best commercial real estate advisor for my current and future clients that I can possibly be. I also strive to be a good ambassador for the CRE brokerage community. I do plan at some point to achieve the CCIM designation as a path to increase my knowledge and thus better serve clients.

ICBR: What is your most recent accomplishment?

Reimschisel: The most recent accomplishment that comes to mind has nothing to do with commercial real estate. Our 21-year old son just recently proposed to a wonderful, brilliant young lady from Lincoln, Nebraska. They plan to be married on Memorial Day weekend in 2016. It is interesting and a bit frightening to see our oldest child entering a new phase in life and realizing that means my wife and I are also entering a new phase in life – and, yes, getting older in the process. (Hopefully wiser too!)

ICBR: Special interests or hobbies?

Reimschisel: My wife and I enjoy investing a lot of time in our children’s activities and sports. I also love to read certain spy/espionage thrillers, business and investing books.

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