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August 2011
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Save the date!
The 2012 RCA-KC Commercial Real Estate Forecast
Thursday, November 17
Indian Hills Country Club from 3-5 p.m
Reception immediately follows
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Dr. Mark Dotzour
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Featuring again this year: KEYNOTE SPEAKER Dr. Mark G. Dotzour, Chief Economist & Director of Research for the Real Estate Center @ Texas A&M University
Dr. Dotzour earned his Ph.D. in the Department of Finance at the University of Texas in 1987 and served as Associate Professor of Real Estate and Finance at Wichita State University for 10 years. His research findings and comments have been published in the Wall Street Journal, Money Magazine, USA Today, and Business Week. He's also appeared as a guest on the Jim Lehrer Newshour on PBS.
As Chief Economist, Dr. Dotzour is currently conducting market research to monitor how global and national trends are likely to impact the absorption of commercial real estate space and the value of commercial real estate investments. Dr. Dotzour is known for his witty and humorous presentation style while delivering his unbiased interpretation of what the numbers mean. Please mark your calendars and join us for an informative as well as entertaining event.
Registration information coming soon.
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Boards to Revisit NAR-opposed Lease Proposal
The Financial Accounting Standards Board and the International Accounting Standards Board will take a new look at their controversial proposed lease accounting rules. NAR was among organizations that called for the boards to rethink their approach because it would force businesses to bring leased assets onto their books as liabilities, a move that will hurt the commercial real estate market by reducing the amount of money available for purchases and leases. For more info contact Vijay Yadlapati, 202-383-1090.
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Latest on NAR's Commercial Advocacy Efforts
NAR recently sent a letter to Congress supporting the Common Sense Economic Recovery Act of 2011 - legislation that would direct federal banking agencies to treat current, non-delinquent, and amortizing loans as accrual loans instead of as non-accrual loans, creating more financing options when commercial real estate loans mature.
To read more action NAR has taken to support you and your business, download the updated Commercial Advocacy Timeline.
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Missouri Association of REALTORS® Commercial Luncheon on September 15, 12:10 - 1:10, Tan-Tar-A, Osage Beach
Dave Van Dee, Lake Ozark City Administrator, will be talking about the TIF project that brought in Menards, Kohl's and CVS which helped contribute to the infrastructure for the HWY 54 Expressway.
Mike Downing, Deputy Director for the Missouri Department of Economic Development, will talk about Public Sector Development Financing & Incentives.
The cost for the luncheon is $20.00 and you can register online or download the flier.
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Slowdown Impacts Commercial Real Estate Markets, Modest Improvement Seen
Washington, D.C. (August 25, 2011) Commercial real estate vacancy rates are flat and projections for growth have been moderated because economic growth and job creation have been weaker than expected, but modest improvements are expected over the coming year, according to the National Association of REALTORS®.
Read more >>
View forecast table >>
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Free Webinars from NAR Commercial
NAR Commercial offers FREE monthly webinars designed to supply members with valuable information to support their business growth and development. These prerecorded webinars address a mix of topics-ranging from sales techniques to marketing and negotiations-that can be applied to commercial real estate or any business.
The goal of each webinar is to arm attendees with knowledge and information to support their overall business needs. New webinars are added each month.
Current webinars include: Liquidity in Commercial Real Estate 2011, Tips for Preparing to Lease a Commercial Building, Accelerate Your Networking, and more.
Go here to access the webinars.
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Business Journal Supplement - Call for Articles and Advertisers
RCA-KC is excited about producing our sixth annual Commercial Real Estate Forecast Supplement with The Kansas City Business Journal. The supplement, which will be published in January, will be a full-sized pullout section and feature a four-color cover. The supplement will be highlighted with articles from local RCA-KC members pertaining to the Kansas City area comm ercial real estate market. If you have an interest in writing an article for the supplement, please contact Kyla Barcus at kylab@kcrar.com
Advertising is an integral part of our supplement and ultimately governs its size and the number of articles we publish. This is a once-a-year opportunity that will reach more than 50,000 business professionals throughout the Kansas City area. By reserving your spot early, you will be able to lock in your ad at the 2011 rates. If you are interested in learning more about available advertising options within the supplement, contact Therese McGill with the Kansas City Business Journal
at 816-777-2230 or tmcgill@bizjournals.com.
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New Blog Post at The Source: Are we headed for inflation or deflation?
REALTOR® Signature Series Speaker, Rob Nahigian, FRICS, SIOR, CRE recently offered a projection of the commercial real estate market at a Charleston Trident Association of REALTORS® education event. Read Rob's perspective as he explores what measures it will take to stabilize commercial real estate lending and why you need to think like an economist.
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Commercial Quarterly Market Survey
Download and read the latest data directly from commercial REALTORS® with an overview of the market performance, sales and rental transactions, current economic challenges, and future expectations.
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