Jul 12: Boat Cruise
Aug 7: DL Lunch w/a Leader, Mick Hatch, Foley
Real Estate Analysis Course
Sept 6: Marquette Conference
Sept 20: REACH Softball & Kickball Tourney
Sept 27: NAIOP Golf Outing
Oct 2: DL Lunch w/a Leader, Mike Finn, Associated Bank
Oct 11: Beerline Event
Nov 8: Happy Hour
Dec 4: DL Lunch w/a Leader, Tom Bernacchi, Zilber Property Group
Dec 12: Market Update
2012 Board of Directors
Immediate Past President
Past President David Jorgensen
Mary Claire Lanser
Marketing and Communications
Mary Claire Lanser
Hello fellow NAIOPians.
My opening for the last newsletter talked about drought conditions in Texas. I used it as a lead in for our March event about our precious resource. The bad news is that we now are facing drought conditions here in Wisconsin. The good news is that our precious resource continues to pay divdends to us in terms of the value of our real estate and economic development. And once again, I use this as a lead-in for yet another great event put together by our Developing Leaders in conjunction with the Commercial Association of Realtors-Wisconsin (CARW)-the Lakefront Development Forum which was held on June 26. Speakers included Gary Grunau of Grucon Group, Greg Uhen of Eppstein Uhen Architects, Brian Taffora of the Milwaukee Economic Development Committee, Bill Bonifas of CB Richard Ellis and Joe Ullrich of US Bank. Thank you once again to our event sponsors GRAEF USA, EUA, Kahler Slater, Schiltz Park, Tom Halat Roofing, Reinhart Boerner Van Deuren, US Bank, CBRE, Irgens and Mortenson Construction.
If you weren't in attendance, go to Lakefront Development Forum for more information.
This year is also the year that our chapter is scheduled to update our three-year Strategic Plan. In light of our upcoming 10-year anniversary in 2013, the Board of Directors decided that it was time to bring in a facilitator to discuss our future now that we are well established. On June 18 we held a one-half day retreat which resulted in a modified Mission Statement and three areas of focus as we continue to make NAIOP Wisconsin the best that it can be. More information about the new Mission and Strategic Plan will be shared in the very near future.
Finally, congratulations to Brandon Schulta of Chicago Title Insurance Company. Brandon has been selected to co-chair the Membership Committee with John Schwab of Wipfli LLP. Brandon is one if the first Developing Leaders of the chapter and has done an amazing job recruiting new members. Brandon won the 2011 recruiting award by bringing in 6 new members! He will be an excellent leader for the committee.
Until next month,
|Continuing Education Course-Earn 9 Credits!|
We are offering our second continuing education course, Real Estate Investment Analysis, on September 5-6, 2012. REIA is designed to provide entry-level professionals with the technical skills necessary to analyze the financial feasibility of real estate investment opportunities. Valuation techniques (direct cap and discounted cash flow analysis) are introduced first, followed by an examination of debt financing's impact on real estate investments. A case study is to be provided for group work.
Instructor: David Domres, Irgens
When: September 5 (8am-1pm), September 6 (8am-2pm)
Where: Wipfli, 10000 Innovation Drive, Milwaukee, WI
Cost: $125 NAIOP DL's, $175 Nonmember DL's, $195 NAIOP Members, $295 Nonmembers
This course is a substitute for broker courses 1, 2 and 4.
Make the Most of Your Membership-GET INVOLVED
Everyone knows the old saying, "You get out of something what you put into it". The same holds true for your NAIOP membership. We are a volunteer-run organization so we are ALWAYS looking for folks to help out. Opportunities include:
- Committees-Programs, Public Affairs, Marketing and Communications and Membership
- Newsletter-writing very brief articles
- Events-taking photos, working the registration table, design opportunities
With the economy improving, folks are really stretched in terms of availability. We need more hands on deck! Please feel free to contact Chris Korjenek at 414.507.2326 to discuss opportunities!
Public Affairs Update
I'm sure we're all breathing a sigh of relief now that the Recall Elections are over. However, the political environment is far from quiet. To keep informed about what we are working on, please pay attention to the monthly Legislative Updates which are sent on the 15th of each month. If you missed any, don't worry-they are all archived under Legislative Updates
Federal Candidate Surveys
NAIOP Corporate has assisted our chapter in putting together a questionnaire for the federal candidates running for Senator Herb Kohl's seat. The survey results will be made available to members prior to the August primary.
Direct Giver Program
The Board of Directors and Public Affairs Committee will soon be calling YOU! Our chapter recently started a Direct Giver Program in conjunction with the Wisconsin REALTORS Association. Most members contribute to political campaigns already. We ask that you consider making your donations through this program. Not only will you
get credit, NAIOP Wisconsin will gain recognition to help with issues that impact our industry. For more information, go to DIrect Giver Program
NAIOP Wisconsin Sends Letter in Support of County's RFI Process for Transit Center
NAIOP Wisconsin and the Commercial Association of Realtors Wisconsin teamed up to send a letter supporting the Milwaukee County Board's unanimous decision in November 2011 to issue a Request for Information (RFI) regarding the Downtown Transit Center. After four developers responded to the RFI, the Economic and Community Development Committee was considering changing this to further issue a Request for Proposal from the developers. The argument was that the developers and commercial real estate professionals had acted in good faith to provide what the County Board had originally unanimously agreed to. Issuing the RFP would prolong the process. The ECDC upheld the County Board decision 5-1. For a copy of the letter, go to Transit Center Letter
|Developing Leader Corner|
NAIOP Corporate Developing Leader Forum
Our Corporate office is currently seeking applications for the new Developing Leaders Forum that will meet for the first time in October at the annual Development Conference which is being held in Washington D.C. Lyle Landowski of Colliers International is participating in the current DL Forum and would be happy to answer any questions interested parties may have.
DL Forum Information DL Forum Application
NAIOP Developing Leader Awards
Twelve recipients who have shown exemplary achievements and demonstrated outstanding professional accomplishments in the commercial real estate industry will be recognized. Each applicant must be a member of NAIOP in good standing and will be selected based on the following criteria: leadership, professional competency, career goals, NAIOP participation and community involvement.
DL Award Application
Both of these are GREAT opportunities for Developing Leaders!
Note: NAIOP Developing Leaders are any NAIOP members age 35 or under.
Please welcome new NAIOP members:
|Marc||Adesso||DeVos & Zerbst S.C.|
|Dan||Basile||J.H. Findorff & Son Inc.|
|Les||Birbaum||Hendricks Commercial Properties LLC|
|Adam||Brissman||All American Roofing LLC|
|Maggie||Brueggen||Colliers International | Wisconsin|
|Charles||Cousland||von Briesen & Roper s.c.|
|Michael||Dorsey||Northwestern Mutual Life Insurance|
|Christopher||Grano||Jones Lang LaSalle|
|Christopher||Johns||Korb Tredo Architects|
|Marnie||Noel||CityCenter at 735|
|Thomas||Rentmeester||Velcheck & Finger Roof Consulting and Service|
|Robert||Simi||Miron Construction Co. Inc.|
|Susan||Sorrentino||Sorrentino Burkert Law Group LLC|
|Patti||Stevens||RFP Commercial Inc.|
As always, we encourage members to do business with members!
|2012 Corporate Sponsors|
We can never thank our Corporate Sponsors enough. They generously provide financial assistance to our organization allowing us to hold educational and networking events, build an extremely active membership and keep members informed of public policy issues impacting our industry.
WE ENCOURAGE MEMBERS TO DO BUSINESS WITH SPONSORS!!
PLATINUM SPONSOR :
|Associated Bank||Wangard Partners|
|Bukacek Construction||WaterStone Bank|
|Chicago Title Insurance||Wells Fargo|
|First American Insurance||Westbury Bank|
|Godfrey & Kahn||Zilber Properties|
|Grandbridge Real Estate Capital|
|Berghammer Construction||JSD Professional Services|
|Centerpoint Properties||RA Smith National|
|JH Findorff & Son||Sign a Rama|
|GRAEF USA||TOLD Development Group|
|HSI Properties||Whyte Hirschboeck Dudek|
|HP Administration||Wispark LLP|