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Monday National Monday National Sales Meeting Sales Meeting July 16, 2012 July 16, 2012
| Date post: | 12-Nov-2014 |
| Category: |
Real Estate |
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Monday National Monday National Sales MeetingSales MeetingJuly 16, 2012July 16, 2012
1) Name of Client / Institution: _________________________if institution, FDIC loss share Bank____Y____N 2) Product Type / Asset Class: _____Office _____Industrial_____Multi-Family_____Hospitality_____Land _____Retail _____Condo Project______Recreation_____Other (________) 3) Property / Project Location: ____________________________________________________________ 4) Current State / Condition of Asset Ownership: _____REO_____Bankruptcy_____Receivership_____Other (e.g. developer) 5) Recent Evaluation: $________________ _______Appraised Value___/___/____ (date) $_______________________Brokers Price Opinion___/___/____ (date) 6) Disposition Objective / Goal: (List in order of Importance 1,2,3) _____Timing_____Price_____Get off Balance Sheet 7) Clear / Marketable Title: _____Y_____N (date expected for completing curative issues) ___/___/____ 8) Days on Market: ____________________Currently Listed____Y____N (SVN or Other) circle one 9) Offers Received: _____N_____Y (how many in what price range) ________________________ 10) Due Diligence Items Available (e.g. updated title, environmental, financials) ____________________________________________________________ 11) Asset / Property Comments (positives and / or negatives) ____________________________________________________________
SVN Q4’ National SVN Q4’ National Commercial Online Commercial Online
AuctionAuctionInitial Client Initial Client Qualification Qualification
QuestionnaireQuestionnaire
August Boot CampAugust Boot Camp
Dates: August 22, 23, 24Location: Chicago, IL
Boot Camp is designed to give new to Sperry Van Ness Advisors the information they need to utilize the SVN systems, tools and resources. The 3-day event will be held in Chicago, IL. Breakfast and lunch will be provided each day. There will be an SVNI hosted cocktail mixer on Thursday evening.
**Advisors are responsible for their flight and hotel arrangements.
SIGN UP TODAY!Please contact [email protected] to
reserve your space. Spots are limited.
This Week’s Upcoming This Week’s Upcoming Calls and TrainingsCalls and Trainings
Wednesday, July 18th Best Practices “Webinar” with Diane Danielson
(8:30am PT / 12pm ET)
Featured ClosingsFeatured Closings
Touch of Mink | Salem, OR
Just Closed!
$475,000Transaction Highlights:•Bank owned
•Foreclosed upon owner was
buyer
•Private lender
Lindsey [email protected], OR
Curt Arthur, SIOR
811 Del Prado Blvd | Cape Coral, FL
Just Closed!
$1,015,000Transaction Highlights:•Medical Sale/Leaseback
•10% cap
•Tenant: Florida Cancer Specialist
(122 MD’s)
•Rent: $23.97 psf NNN, 5 year NNN
lease
•3 MD personal guarantees
•Located across from Cape Coral
HospitalMark Alexander, CCIM
[email protected] Myers, FL
Louis [email protected] Francisco, CA
Appletree Learning Center NNN | Grand Rapids, MI
Just Closed!
$1,400,000
Peter [email protected] Rapids, MI
Dave [email protected] Rapids, MI
Don [email protected], KY
Jerry [email protected], FL
John [email protected], GA
Transaction Highlights:•Referred from AuctionPoint.com to
SVNART/Auctions, to Peter Colvin &
Dave DeMaagd
•10.5% cap
•We found financing for the buyer
after they gave up
•Only 7 years left, local franchise,
challenging deal
The Public House | Fresno, CA
Just Closed!
$1,450,000
Mark J. [email protected], CA
Transaction Highlights:•New restaurant building
•Sold to existing tenant
•Sold below replacement cost
•Buyer received SBA loan
Maridale Villa | Glendale, AZ
Just Closed!
$1,958,103Transaction Highlights:•98 Unit Former Condo
Conversion
•43 Individual Sellers - Paid
Upwards of $80,000/Door Each
•60 Separate Parties Played Role
in Closing Deal
•New Owner Will Revert Back to
Conventional Apartments
•5+ Months From Contract(s) to
COE
•$19,980/Unit; $26.34/S.F.
Neil [email protected], AZ
Net Leased Goodwill | Lebanon, IN (Indianapolis MSA)
Just Closed!
$2,175,000Transaction Highlights:•Twelve years remaining on lease
•Built in 2009
•Five offers
•Sold at 8% cap
Adam [email protected] Wayne, IN
Mark [email protected] Wayne, IN
Park Plaza Retail Center | Sacramento, CA
Just Leased!
$8,575,000Key Lease Terms:•Tenant: Walgreens (Built to
suit)
•Lease term: 60 years, 25
years firm
•Began lease negotiations on
March 1, 2011
•Scheduled occupancy:
September 2013Don [email protected], CA
Announce Your Recent Announce Your Recent Property Management AssignmentsProperty Management Assignments
Total Inventory:Total Inventory:$33,858,000$33,858,000
Gross Fee Buy Side:Gross Fee Buy Side:$778,515$778,515
5th Avenue Apartments | Albany, OR
$795,000 | For Sale
$23,850 | Buy Side Fee
Offering Highlights:•8.16% cash on cash
•One block from Samaritan
Albany General Hospital
•New roof on one building, new
windows/sliders, parking lot just
resurfaced
Hugh [email protected], OR
Carson [email protected], OR
The Falls | Portland, OR
$1,100,000 | For Sale
$33,000 | Buy Side Fee
Offering Highlights:•61 Unit shovel ready multifamily
redevelopment
•Local university has expressed
interest in master leasing
approximate 1/3 of units
•Sellers will entertain a JV
partnership
Hugh [email protected], OR
Carson [email protected], OR
430 Lake Cook Road | Deerfield, IL
$1,250,000 | For Sale
$37,500 | Buy Side Fee
Offering Highlights:•Bank directed short sale
•Multi-tenant industrial property
•Existing income in place – 8.17% cap
•Investment or owner/user potential
•Fantastic location
Wayne [email protected], IL
Dan [email protected], IL
Big 5 Sporting Goods | Pocatello, ID
$1,860,000 | For Sale
$37,200 | Buy Side Fee
Offering Highlights:•Cap rate: 8.01%
•Strong location in established
retail corridor
•Corporate lease – Big 5 has over
400 stores
•Four years left on lease with four
5-year options to extend
Heidi [email protected], ID
Fairview Street Strip Center | Santa Ana, CA
$2,128,000 | For Sale
$63,840 | Buy Side Fee
Offering Highlights:•Established retail center – 5 long
term tenants
•NOI is $76,000 with below
market M-T-M rents
•Liquor store is included in the
price ($400,000 +/-)
•Owner user investment or
redevelopment
Dennis R. Moore, CCIM
Downtown LA Opportunity | Los Angeles, CA
$3,200,000 | For Sale
$48,000 | Buy Side Fee
Offering Highlights:•Prime downtown Los Angeles location
just a few feet from big mixed use
development project which was just
started
•Garment & Flower Districts
•Could be as an owner/user & income
or investment opportunity
•Great investment & development
opportunity
•A big lot with two street access; 8-10
parking spaces with monthly income
Jaleh [email protected] Angeles, CA
13714 Gamma Road | Dallas, TX
$1,100,000 | For Sale
$22,000 | Buy Side Fee
Offering Highlights:•10 Year IRR @ 28.55%
•14,745 Square Feet-Excellent
Owner User Opportunity
•Current Occupancy @ 63%
•Sales Price @ $74.60 per square
foot
•Anticipated Equity Requirement
@ $400,000
Bruce [email protected], TX
14240 Midway Road | Dallas, TX
$3,250,000 | For Sale
$65,000 | Buy Side Fee
Offering Highlights:•10 Year IRR @ 29.5%
•47,973 Square Feet-Excellent
Owner-User Opportunity
•Current Occupancy @ 67%
•Sales Price @ $67.75 per square
foot
•Anticipated Equity Requirement
@ $1,300,000
Bruce [email protected], TX
Green Meadows Apartments | Ft. Worth, TX
$1,400,000 | For Sale
$42,000 | Buy Side Fee
Offering Highlights:•Cap rate: 10.97% (actual)
•DCR: 2.37x
•Yield: 29.56% (based on
proposed financing)
•Recession proof “Control Your
Destiny” location
•Imbalance of Demand/Supply of
Commodity Workforce Housing
J. Scott [email protected], TX
Morningside Apartments | Ft. Worth, TX
$3,350,000 | For Sale
$100,500 | Buy Side Fee
Offering Highlights:•Cap rate: 10.30% (actual)
•DCR: 1.87x
•Yield: 14.66% (based on present
debt at 7.24% interest rate)
•Recession proof “Control Your
Destiny” location
•Imbalance of Demand/Supply of
Commodity Workforce Housing
J. Scott [email protected], TX
Office Depot Net Leased | Oklahoma City, OK
$3,425,000 | For Sale
$85,625 | Buy Side Fee
Offering Highlights:•Single tenant NN leased to Office
Depot
•8.5% cap rate on actuals
•Leased thru 11/30/18 with rent
increases in 2013, and renewal
options
•Attractive credit tenant and
excellent location
Michael [email protected] York, NY
Peter [email protected] Rapids, MI
Blake [email protected] City, OK
Comfort Inn West Charleston | Cross Lanes, WV
$11,000,000 | For Sale
$220,000 | Buy Side Fee
Offering Highlights:•Great highway visibility
•138 interior corridor rooms
•Lounge with 5 licensed slot machines
•Price includes Product Improvement
Plan & additional upgrades
•77% Occupancy $84 ADR -
outperforms competition
•Closest to Mardi Gras Casino & Race
Track
•Convenient to WV State College
•Near numerous demand generators ,
Yeager Airport, & Downtown Charleston
(State Capital)
•Best indoor pool & outdoor pool
Tom [email protected], CT
Conrad [email protected], VA
Thank you for joining us! Thank you for joining us!
For information about all of For information about all of
our listings please visitour listings please visit
www.svn.com
