FW: CCIM Local News: Land Development Code, Members Doing Business + more

Our Commercial Real Estate Team in the News Again!

From: CCIM Central Texas [mailto:admin@ccimtexas.com]
Sent: Wednesday, April 17, 2013 9:10 AM
Subject: CCIM Local News: Land Development Code, Members Doing Business + more

NEWS & EVENTS ~ APRIL 2013
WWW.CCIMTEXAS.COM

NEWSLETTER SPONSOR

AUSTIN LAND DEVELOPMENT CODE

As some of you know, Austin is beginning the rewrite of its Land Development Code for the first time in a generation. This rewrite was directed by the terms of the new comprehensive plan that was adopted in June of 2012. City Council has now appointed an 11 member advisory group, and has selected a new urban planning consultant, Opticos, which will draft our new code in consultation with the advisory group and city staff. Those of our members who have been involved in the process up until now believe that we have a great opportunity to create a development code that is much simpler, more predictable and more affordable and one that will implement the goals of the comprehensive plan to make real estate development in Austin more compact, connected and affordable than it has been in the past. The first substantive meeting of the advisory group will take place April 22 at 6:00 p.m. in the staff bullpen on the first floor of City Hall. We would like to invite anyone with any interest in the new development code to attend this meeting. It will be a great opportunity to see and hear firsthand how the sausage is being made and to meet the people who are making it. We have complained long and loud about how difficult and expensive the development process is. Here's your opportunity to get in on the ground floor and be a part of the effort to make things significantly better.

Please put this meeting on your calendar and make it a priority to attend. Additional information can be found here.

Article submitted by H. Frank Harren, JD, TRLP, CNE of Coldwell Banker Commercial United, Realtors & CCIM Central Texas Chapter Legislative Chair

MEMBER TO MEMBER TRANSACTIONS

As some of you may recall we introduced a new program this year to track deals and referrals between our chapter members. We have an online form that members can fill out easily to allow us to track connections. Each month Bob Rein, CCIM of NAI REOC sends a reminder to our members to encourage them to use chapter members for deals/referrals.

Here are two deals completed:

Greg Porter, CCIM of MP Commercial Partners as owner/broker sold 9,750 SF retail center to client of Nick Nelson, CCIM and Jim Young, both of KW Commercial.
Keith Hutchison of Encore Investment Properties worked with Andrew Creixell, CCIM of CSA Realty Group to complete a two year Flex space NNN lease for his client/tenant.

To view a list of our members, vi s it our website.

MYTHS ABOUT CCIM CHAPTER MEMBERSHIP

Bob Rein of NAI REOC Austin (shown left) and CCIM Board Member has put together a list of common misconceptions about chapter membership. Here are just a couple for review this month, we will feature more myths in future issues. Learn more about CCIM C hapter Membership!

These monthly meetings are too high level. I'm chasing deals and can't take the time to attend.
Time management plagues us all. As a professional, you know that customer face time is the most important activity. Members tell us that the interaction and idea exchanges help them overcome customer situation roadblocks, thereby speeding up the deal. The networking has produced financial or legal solutions that can speed up getting deals done. Additionally, finding prospects or solution providers make the time well spent.

I'm a developer or I'm an investor or a vendor to our industry and this is geared towards brokers
CCIM members are the best of the best. Developers are exposed to industry property values by the ones actually doing the deals. Investors interact with brokers, lenders and other supportive professions to bring the added value to their deals. Brokers actively seek support services and build relationships with the vendors they see on a consistent basis. CCIM members support each other where possible and typically seek proposals from non Broker members.

If you have specific questions about membership, please visit our website or contact Br uce Ev ans our Membership Committee Chair.

HOUSTON & LOUISIANA JOINT EVENT

May 9-10, 2013 Lake Charles, LA
Conference & Crawfish Boil
L'Auberge du Lac Casino & Resort

An in depth look at how today's energy exploration & production is changing our real estate practice.
Economic Development
Interstate Transactions
Out of Marker Co-Brokerage

Hosted by CCIM Houston Gulf Coast Chapter & Louisiana Chapter

VISIT THEIR WEBSITE FOR MORE DET AILS

UPCOMING COURSE SCHEDULE

May 13 - 16, 2013 ~ Austin, Tx
CI 101: Financial Analysis for Commercial Investment Real Estate
"The Flagship Course"
CI 101 serves as your introduction to the CCIM Cash Flow Model. Learn to apply the CCIM Cash Flow Model to make your investment decisions based on wise investment fundamentals. Some of the concepts you will explore include IRR, NPV, Cap Rate, Capital Accumulation, and the Annual Growth Rate of Capital.
Register

June 3 ~ Dallas, Tx
CI 103: User Decision Analysis for Commercial Investment Real Estate
Register

July 15 ~ Dallas, Tx
CI 104: Investment Analysis for Commercial Investment Real Estate
Register

July 24th ~ Austin, Tx
"Commercial Real Estate Negotiations"
This workshop satisfies the Institute' s 8-hour negotiation education requirement in earning the CCIM designation.
Register

Other courses scheduled in the States can be found at the CCIM Institute Website