Overall the commercial real estate industry continues to struggle nationally with high interest rates and restricted lending still the main headwinds to our business.
While the commercial business is down from previous years, the Schmidt Family of Companies commercial business on a relative basis is performing better than our peers.
REA (green street) ranks CBC #13 nationally and MSCI ranks CBC #17 nationally through the first half of 2023.
Click on image previews below to open full PDFs of reports.
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Property Management Update | |
The property management group continues to thrive and expand and grow its businesses: the single family housing rental business, the association management business, the vacations/short term rental business and our multi-family property consulting and management business.
Ocean Village, a part of Paradise Vacation Rentals located in Hutchinson Island, FL, recently launched a brand new website and app for their agents and customers. Click on PDF's below for details.
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35, 43 & 51 Center Road
Bedford, OH
$419,999 | 5,259 SF
Multifamily
Deborah Kruis
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9215 Madison Ave
Cleveland, OH
$250,000 | 1,410 SF
Retail - Auto
Wes Purvis
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715 E Main Street
Kent, OH
$449,900 | 1,316 SF
Retail
James Horovitz
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40 AND 40A Strand Street CH
St. Croix, USVI
$5,000,000 | 17,000 SF
Waterfront Investment Property
Team Land-de Wilde
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51 ABC Company Street CH
St. Croix, USVI
$2,200,000 | 6,907 SF
The Quin House
Team Land-de Wilde
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10 STRAND STREET FR
St. Croix, USVI
$2,400,000 | 3,000 SF
Unique Opportunity to become the new landlord of non-profit Caribbean Museum Center
Chris and Christie Powers
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We are very excited to welcome Audrey Starcher, Missy McAmis, Crosland Polk, Sam Sanders, Sandy Lopez, Melissa Musick, and Lisa Wargo to Coldwell Banker Commercial Sunstar Realty! They will be working out of our Punta Gorda office in Florida. A special thanks to Jaha Cummings, Managing Broker, for recruiting these agents to our company.
We are also very excited to welcome Sheetal Thakur to Coldwell Banker Commercial Premier Properties in St. Augustine, Florida! A Special thanks to Eric Maimo, Senior Associate, for recruiting Sheetal to our company.
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Register for the Coldwell Banker Commercial Fall Summit on November 15 from 2 – 3 p.m. ET / 11 a.m. PT virtually. The CBC Fall Summit is a virtual event that brings together all Coldwell Banker Commercial professionals to hear brand updates as well as hear from a special guest, Manus Clancy, senior managing director at Trepp Inc. on the current state of CRE and the economy.
As the Senior Managing Director and the leader of Applied Data, Research, and Pricing departments, Manus Clancy has been a driving force behind the development of Trepp products and services with over 30 years of experience in modeling structured finance transactions. Read more about our guest speaker here.
To register and learn more, visit cbcfallsummit.com.
Register here to join virtually.
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NAR C5 + CCIM Global Summit Discount | |
Share CRE Content on Your Social Pages | |
Social media is an important tool for building your image and communicating with clients and prospects. Increase your social media engagement by sharing curated content found in this month’s social media content calendar now available. In the calendar you’ll find market trend news stories, Coldwell Banker Commercial network highlights, CBC deal promotions, helpful articles/advice for readers (Money, CRE, investing, etc.), and much more. Simply copy the content found in the calendar and paste it onto your social media pages on the corresponding dates for a steady flow of content all month long.
View the CBC Social Calendar here.
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Purchase Branded Supplies in September
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Enjoy The Benefits of The CCIM & Coldwell Banker Commercial Educational Partnership | |
The CCIM Institute offers premier education for commercial real estate professionals in online, virtual, and classroom formats. As part of the Coldwell Banker Commercial® brand's partnership with the CCIM Institute, you now have access to a host of learning courses, such as Foundations for Success in Commercial Real Estate, CI 101, CI 102, CI 103, CI 104, and Negotiations at a discounted rate.
Visit the CCIM Institute + Coldwell Banker Commercial page to get started. Use our promo code CBCEDU to receive a $100 USD discount off the non-member rate. Members receive exclusive pricing on these courses.
CBC network professionals also enjoy preferred pricing on not just all the CCIM Designation courses, but Institute Candidate membership as well. Candidate membership is appropriate for most commercial real estate practitioners pursuing the CCIM Designation. Learn more here.
If interested, you can become a candidate member with no application fee and annual dues of just $645 USD (a $100 USD combined savings) by using the promo code CBCMEMB when joining.
Click here to begin taking advantage of the learning opportunities available to you as part of Coldwell Banker Commercial.
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Stay connected on LinkedIn, Instagram, and our commercial Facebook Group! | | | | |