NNN Broker – Commercial Real Estate News

End of Year 2018 Wrap up for CRE

December 13, 2018

2003-2005 “Irrational exuberance” a la Greenspan, now famous quote;

2008-2010 Great Recession and aftermath: PTSD for many of us;

2016-2018 Recovery being fully realized after almost a decade;

2019-2020 And Beyond: A measure of Uncertainty???????

With the marking of George H.W. Bush’s passing, we are afforded, yet, another “Opportunity to take stock.”

For those readers and investors who were beneficiaries, in this past year of the Tax and Jobs Act of 2018, I suspect, we can readily acknowledge the positive impacts of stock market valuations, due, in part, to share buy backs; and, shortly, when we do our taxes at new rate structures. The Economy has continued… (Is it sustainable?). The introduction of Opportunity Zone Funds, as once-in-a lifetime tax incentives, if properly executed, are also very encouraging.

Late Cycle Behavior of NNN Investors

May 24, 2018

Contributing Author: Sean O’Shea

Here we find ourselves almost nine and one-half years from the impact of the Great Recession of 2008-09. While the market conditions that led up to the public acknowledgement of the financial crisis, were years in the making, many observers could have foreseen the Storm Warnings. I remember having my NNN Advisory Team in tow at the annual ICSC Regional event in San Diego in the spring of 2008. As we wandered through the various vendors’ booths and exhibits, we passed the Lehman Brothers booth. Displayed were the usual swag items that populate these kinds of industry events. Sitting on a display table, I spied a pile of very well designed and finely detailed ‘Baseball-type caps’ with LEHMAN BROTHERS, emblazoned on the crown of the caps. I suggested to my Team, that they may wish to grab one of them, as a souvenir of a “Soon-to be Bygone Era,’”; since these guys at legendary Lehman are going down, based on the structure of interest only loans and other deals that we had tracked in the prior few go-go years. They all looked at me, as if, I was ‘nuts’; but, nonetheless, each grabbed their souvenir hats. Now, a keepsake of lending period that contributed, mightily, to the Financial Crisis as it unfolded. Continue reading Late Cycle Behavior of NNN Investors

The Net Lease Niche

March 05, 2018

Contributing Author: Sean O’Shea

Over the last decade at various Net Lease Conferences on both East Coast (NYC) and West Coast (LA) I have been a Moderator and Panel Speaker. The most recent one was held in Los Angeles last week.

In attendance, were some of the giants of the Single Tenant Net Lease sector, like Realty Income, Angelo, Gordon & Co. and W.P. Carey. All multi-billion dollar asset owners who have enviable track records of consistent performance. They were an impressive cross-section of high net worth investors, Family offices and investment brokers from all of the major firms, SRS Partners, M & M, HFF, JLL (a lot of initials) and smaller service boutiques as well. Continue reading The Net Lease Niche

LDCRE’s Roundtable Discussion on 2018 CRE State of the Market with Jeff Rowlett, Sean Lyons, and Nick Miner

January 14, 2018

Say I inherit $25,000,000 and it has to be invested in Commercial Real Estate before the close of 2018; where should I invest in Commercial Real Estate?

LDCRE conducts a Roundtable discussion on the commercial real estate state of the market with three leading commercial real estate brokers, all of whom are all in the trenches every day. Nick Miner,CCIM is Senior Vice President at ORION Investment Real Estate, Sean Lyons is a Founding Partner at Triad Real Estate Partners, and Jeff Rowlett is a leading Investment Advisor at Marcus & Millichap serving private capital investors in Chicago, Milwaukee and nationwide. Continue reading LDCRE’s Roundtable Discussion on 2018 CRE State of the Market with Jeff Rowlett, Sean Lyons, and Nick Miner

Spotlight Interview: Joey Odom: Atlanta Director, Stan Johnson Company

September 30, 2015

Joey Odom is one of the top brokers and Atlanta Director at Stan Johnson Company based in their Atlanta Office. Joey has been with Stan Johnson Company for over ten years. Odom oversees the Atlanta office and southeast region, focusing on serving net lease buyers and sellers within the geography. Odom specializes in the sale of net lease retail properties, which is arguably one of the leading investment sectors within commercial real estate.

LD: What career path did you want to take when you were in college?

JO: My original plan in college was to go into youth ministry, and the college I attended had a strong program in this field. After a few semesters with this in mind, though, I shifted to a business focus in sales and marketing. Continue reading Spotlight Interview: Joey Odom: Atlanta Director, Stan Johnson Company

Spotlight Interview: Jeff Rowlett, Vice President Investments/ Dir. National Retail Group/ Dir. Net Leased Property Group at Marcus & Millichap

September 23, 2015

Jeff Rowlett, along with the support of his team is among the top investment brokers at Marcus & Millichap. Over the years Jeff has honed his skills and developed a niche, concentrating on Net-Lease assets and multi-tenant retail assets throughout the Midwest and Nationally. Jeff has worked at two of the top commercial real estate brokerage firms and been pursed by many other top CRE Firms. Jeff’s exposure to these top commercial real estate brokerage companies has given him a unique peek behind the curtains at some of the major firms and allowed him to see which corporate structure and culture worked best for his style of brokerage and most importantly, for his clients.