Indiana Commercial Board of REALTORS® The statewide association for commercial real estate professionals in Indiana. 2016-08-24T14:45:55Z http://www.myicbr.org/feed/atom/ Ashley <![CDATA[Vendor Spotlight: Lee Chandler Enterprises]]> http://www.myicbr.org/?p=4745 2016-08-24T13:42:18Z 2016-08-24T13:41:03Z Read More ...]]> Lee Chandler tells ICBR about his company and why they belong to Indiana’s commercial board.

ICBR: Why did your company become a member of ICBR?

Lee Chandler Logo MediumChandler: Lee Chandler Enterprises became a member of ICBR to help more Investors gain a competitive edge by gaining access to capital to start, grow or leverage their portfolio.

ICBR: What is the biggest misconception about what you do?

Chandler: Large misconception is that a fund will invest money for “free”. We always remind clients that when you are obtaining capital to grow it must be mutually beneficial for both parties. That’s how a proper deal is conducted.

ICBR: How did you get involved with your industry?

Chandler: The organization grew to meet the demands of the secondary market in finance. At a time where there are less qualified candidates under the scrutinized lending parameters of traditional banks. Our service is to meet that need through secondary markets. Providing the client with access to capital to grow and develop their company or venture.

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

Chandler: Bob Johnson is a very influential mentor that gives fantastic insight into the economics from both a macro and micro perspective.

ICBR: Most recent accomplishment?

Chandler: $2M apartment purchase, 70% LTV with 30% capital raise.

ICBR: Weirdest question someone has ever asked you about your company or what you do?

Chandler: “Is there anyway that I can borrow money for free?”

 

 

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Ashley <![CDATA[Things are happening in Northwest Indiana]]> http://www.myicbr.org/?p=4718 2016-08-15T11:58:13Z 2016-08-15T11:57:29Z Read More ...]]> by Tom Stayanoff

There’s a lot of buzz about the progress in Northwest Indiana and a lot more about the positive outlook for that area.  Many state officials have acknowledged that projected growth for this area is the highest in the state and one of the best in the country.  NWI is the last suburb of Chicago to benefit from the 3rd largest metro area in the country.  Hard hit by the woes of the steel industry and reduced shipping on the Great Lakes, the rust belt woes have dominated the news more than the positive issues we would like to hear.

In an effort to educate the brokerage community and promote the area, the Indiana Commercial Board of REALTORS® (ICBR) has teamed up with the Greater Northwest Indiana Association of REALTORS® (GNIAR) to host the 2nd Annual Northwest Indiana Economic Development Forum.  This year’s event will be headlined by Dr. Lawrence Yun, Chief Economist for the National Association of REALTORS® and Congressman Pete Visclosky.  In addition, attendees will hear from Bill Hanna with Northwest Indiana Regional Development Authority and Mike Noland with the South Shore Line.

Certain to be talked about is the current state of the economy locally, regionally and nationally, the effect that the state’s economic policies have on the region, the new transportation options being brought to the area by the Northern Indiana Commuter Transportation District (NICTD), and much more.

Indiana Real Estate licensees attending this event can earn 3-hours continuing education (regular or managing broker) towards license renewal.

Plan to join us Tuesday, October 18 for breakfast and networking. Registration is now open online.

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Ashley <![CDATA[Member Spotlight: July 2016]]> http://www.myicbr.org/?p=4651 2016-07-05T12:59:52Z 2016-07-05T12:59:52Z Read More ...]]> Zach Meyer

Each month, ICBR honors one of its members in a special Member Spotlight. This month we recognize Zach Meyer, with Newmark Grubb Cressy & Everett.

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

Meyer:I am a member of ICBR because of the top-level education, technology, tools and advocacy provided to help me grow and succeed as a real estate professional.

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

Meyer: As a member of ICBR for many years, Newmark Grubb Cressy & Everett has benefited from ICBR’s well-connected network, which in turn has bolstered our book of business through completed transactions. Furthermore, our licensed brokerage staff has benefited from the professional education and state political/legislative information.

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

Meyer: I started my career after college as a trainee appraiser under the supervision of Brent Overholt.

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

Meyer: I do not have any official mentors. Over the past few years I have learned a lot from several different brokers. I ask a lot of questions and learn different perspectives on how to approach a situation. Many Brokers have been in the business more years than I have been alive. So I have learned a great deal on what to do, but more importantly what not to do.

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

Meyer: This business is built on relationships. You can be the most intelligent person in the world, but it does not mean anything if you cannot relate and communicate with your clients.

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

Meyer: My current professional goal is to obtain my Certified General Appraiser License by the end of the year.

ICBR: What is your most recent accomplishment?

Meyer: Being a part of opening a new Newmark Grubb Cressy and Everett office in Fort Wayne.

ICBR: Special interests or hobbies?

Meyer: I enjoy spending time with my wife and 6-month old daughter, as well as attending social events and competing in recreational sports with friends.

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Ashley <![CDATA[Vendor Spotlight: Somerset CPAs and Advisors]]> http://www.myicbr.org/?p=4624 2016-06-20T14:03:39Z 2016-06-20T14:03:19Z Read More ...]]> Mike Fritton, Principal at Somerset CPAs and Advisors,  tells ICBR about his company and why they belong to Indiana’s commercial board.

ICBR: Why did your company become a member of ICBR?

Fritton: We enjoy the opportunities to network with the decision makers and people of interest in the Real Estate Industry.

FrittonICBR: What is the biggest misconception about what you do?

Fritton: That we only do taxes. We actually use an integrated approach that analyzes every aspect of a real estate transaction, and examines how each one affects the business and owner objectives. Along with personalized financial advice, we provide creative solutions designed to help your real estate business succeed.

ICBR: How did you get involved with your industry?

Fritton: Real Estate issues effect every business from manufacturing to logistics. Our specialty in Real Estate helps us serve all of our clients.

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

Fritton: I’ve had many people over my career that have been incredible role models and mentors for me. My hope is that I am able to pass that wisdom and experience on to others.

ICBR: Most recent accomplishment?

Fritton: Our clients success is our success. Our clients have been awarded IBJ 40 under 40, Fastest Growing Companies, Best Places to Work – to name a few. We are honored to be a part of clients success and to help them achieve their accomplishments.

ICBR: What designations, Awards, Recognition have you received?

Fritton: Somerset has been on the Best Places to Work listing and Book of Lists Largest Accounting Firms. Our accountants have been recognized as both outstanding leaders and mentors in the business community.

ICBR: What else would you like to share?

Fritton: We are excited about our relationship with ICBR and it’s members. We find that our membership allows us to greater interaction with the prominent members of the Real Estate Industry.

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Ashley <![CDATA[ICBR Members Give Back]]> http://www.myicbr.org/?p=4608 2016-06-17T17:35:03Z 2016-06-17T17:35:03Z Read More ...]]>  

ICBR members braved the heat Thursday, June 16, to give back to the community through Habitat for Humanity of Greater Indianapolis.

Several members from firms around Indianapolis joined together to work on Greater Indy Habitat’s first build in Greenfield, Indiana. Alongside the new homeowner, ICBR painted and prepped the home for a targeted move-in date later this month.

Donations to help fund the site were also received from members around the state and attendees at this year’s Indiana Commercial Real Estate Conference.

Thank you to all of our volunteers and donors. Your efforts help make dreams come true for local, Indiana families!

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Ashley <![CDATA[ICBR education schedule set through 2016]]> http://www.myicbr.org/?p=4605 2016-06-15T12:21:50Z 2016-06-15T12:21:50Z Read More ...]]> New Commercial Real Estate Certificate Program classes to be offered

INDIANAPOLIS – The Indiana Commercial Board of REALTORS® (ICBR) is pleased to announce its education schedule for the remainder of the year. ICBR will offer several classes around the state as part of its new Commercial Real Estate Certificate Program.

The next class, Commercial Real Estate Financing, will be held June 21, in Indianapolis. The course counts as two hours of continuing education and focuses on understanding financing sources available for commercial real estate.

Registration and complete details about the program and classes can be found at www.myICBR.org/cre-certificate.

Keeping with ICBR’s mission to be Indiana’s leader in commercial real estate education, the certificate program offers a comprehensive curriculum to bridge the gap between standard pre-licensing courses and specialized commercial designations.

The program is ideal for professionals new to, or wanting to begin a career in commercial real estate. Membership with ICBR is not required.

Certificate classes will be offered throughout Indianapolis, Bloomington and Fort Wayne with other possible locations being offered in 2017.

All real estate professionals whether residential, commercial, ICBR member or non-member are encouraged to attend.

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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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Ashley <![CDATA[Vendor Spotlight: Alderson Commercial Group]]> http://www.myicbr.org/?p=4574 2016-06-06T15:08:47Z 2016-06-06T15:07:40Z Read More ...]]> Daniel Taylor, Director of Business Development with Alderson Commercial Group,  tells ICBR about his company and why they belong to Indiana’s commercial board.

ICBR: Why did your company become a member of ICBR?

Daniel TaylorTaylor: We are a sponsor of the ICBR annual conference.

ICBR: What is the biggest misconception about what you do?

Taylor: We’re a contractor, NOT a developer.

ICBR: How did you get involved with your industry?

Taylor: Been doing it since I was 7 years old.

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

Taylor: My dad – he has an entrepreneur type spirit.

ICBR: What is the weirdest question someone has ever asked you about your company or what you do?

Taylor: If we renovate houses.

 

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Ashley <![CDATA[Member Spotlight: June 2016]]> http://www.myicbr.org/?p=4561 2016-06-01T12:46:11Z 2016-06-01T12:45:34Z Read More ...]]> Rachel Romary

Each month, ICBR honors one of its members in a special Member Spotlight. This month we recognize Rachel Romary, with Bradley Company

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

Rachel RomaryRomary: I became an ICBR member to be part of the Commercial Real Estate Brokers network, to ensure I am receiving quality continuing education and to have access to specific commercial resources in our industry.

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

Romary: I have utilized ICREX to help locate property comparables for my clients who are looking to expand in different markets where I would not normally have comp access.

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

Romary: I was first exposed to commercial real estate in 2010.  Close friends of mine purchased a division of a national company and was in need of a new location.  They hired me to scout out the perfect building to suit their needs and they are still there today.

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

Romary: Stan Phillips has been my mentor since moving to Bradley Company in December 2015. Stan has a wealth of knowledge in the retail industry and a dominant presence in our market. It is an honor to learn and work with him.

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

Romary: Not to take myself, or anyone else too seriously. Business is business, and at the end of the day, if we can all shake hands and get the deal closed, we’ve done our jobs.

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

Romary: My current goal is to help build our retail team to have the strongest retail presence in Northern Indiana in the areas of property listings and tenant representation.

ICBR: What is your most recent accomplishment?

Romary: I feel that my most recent professional accomplishment has been to figure out my niche being in the retail market and surrounding my self with the best team to help me achieve my goal.

ICBR: Special interests or hobbies?

Romary: I really enjoy spending time with my children, family and friends in my spare time.  I also like to be outside golfing, boating, running, going to sporting events, etc…  I’m a very social person, so I enjoy being part of the crowd.

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Ashley <![CDATA[ICREX Training Events]]> http://www.myicbr.org/?p=4553 2016-06-27T19:54:29Z 2016-05-31T13:27:38Z Read More ...]]> Online registration is now closed, but you can still register onsite at each respective event. Call 317-328-5259 with questions.

ICBR will offer three free training events June 28-29, for Indiana commercial real estate professionals to come learn about the Indiana Commercial Real Estate Exchange.

At this event attendees will learn the basics of an account, reports & marketing, tips & tricks and go over other resources that are available through ICREX to help with business needs.

ICBR staff and national representatives from the ICREX provider, Catylist, will be present to answer questions and demonstrate how to get the most out of this statewide, commercial listing platform.

Join us at one of the locations below.

  • June 28, 10 a.m. – 12 p.m.
    Bloomington Convention Center, Bloomington
  • June 28, 3 – 5 p.m.
    Broadmoor Country Club, Indianapolis
  • June 29, 10 a.m. – 12 p.m.
    Swan Lake Resort, Plymouth
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Bring a testimonial on how the system has helped your business or an example of deals you have closed as a result of ICREX and be entered to win a $100 giftcard. Unable to attend? Email us your story!

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Ashley <![CDATA[Indiana Commercial Board of REALTORS® Awards 2016 REALTOR® of the Year]]> http://www.myicbr.org/?p=4512 2016-05-11T13:54:47Z 2016-05-11T13:54:47Z Read More ...]]> INDIANAPOLIS – Jim Baker, CCIM, SIOR, Baker Commercial Real Estate, Jeffersonville, Indiana, was named Indiana Commercial Board of REALTORS® 2016 REALTOR® of the Year during the Indiana Commercial Real Estate Conference May 5-6, at the Ritz Charles in Carmel.

Baker boasts nearly 40 years of experience as a REALTOR® and previously served as the district seven representative on the ICBR board. He is actively involved in the Kentucky Commercial Real Estate Alliance (KCREA), and has earned his designation from the Society of Industrial and Office REALTORS® (SIOR) and is a Certified Commercial Investment Member (CCIM).

More than 400 commercial real estate professionals were present to congratulate Baker on this achievement.

Baker has continuously been a leader in his community and in the commercial real estate industry through many years of service on the ICBR Board of Directors and other organizations throughout the state.  Not only is he a licensed broker, but also a licensed real estate instructor and certified level III assessor-appraiser.

Outside of commercial real estate, Baker is an accomplished musician. It was through this passion that he made a professional connection that would set him on his real estate path many years ago.

As current secretary of ICBR, he will step up to lead the organization in 2019.

Presented annually by ICBR since 1994, the REALTOR® of the year award recognizes those members who go above and beyond in their career and community.  In addition to membership in ICBR, award criteria include:

  • Industry Impact – exhibits professional leadership and expertise in the industry
  • Civic Activity – participation with civic and service clubs, economic development organizations, charitable activities, etc.
  • REALTOR® Spirit – high principles of integrity and adherence to the REALTOR® Code of Ethics
  • Business Accomplishments – public recognition of business conduct and service to clients
  • ICBR Association/Board Activity – service as a volunteer in committee work or other areas with the organization
  • IAR or State Association Activity – offices held and committee work at state level
  • NAR or National Association Activity – volunteer participation at the national level

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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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