3 Question Friday: Meet Our CRE Pros!

As I mentioned earlier, we wanted to devote Fridays to The Source’s own version of Twitter’s “Follow Friday”.  With three quick questions we can give everybody a chance to “meet up” with the commercial real estate pros that exemplify our community.  So let’s get started! Meet…

Let’s Meet…

Josh Floring

What’s your background in the commercial real estate industry?

I am entering my fifth year in the industry and I have found it to be professionally challenging and rewarding.  I originally shadowed a Senior Broker that focused on Industrial and office building sales and have slowly transitioned into the retail sales / leasing / development arena.

Josh Floring

I am currently representing national clients that require local expertise  in the Minnepolis / St. Paul market.  I focus on tracking economic development, real estate values, and businesses near the University of Minnesota, one of the largest urban college campuses in the nation.

What is your perspective and observations on commercial in your local market?

As a result of our midwest location, we have not seen the extreme distress some costal regions are witnessing, however, we’ve had our share. Hotels, retail, development, distressed bank loans, late condo developments, residential developments, etc.  Cash investors are scouring the landscape looking for business opportunities as well as real estate deals.  Apartments appear to to be picking up and there is a very competetive landscape in the student housing market.  SBA financing in Minnesota is helpong a lot of the smaller/midsize businesses pick up real estate and creative dealmakers are finding opportunity by taking some risk and understanding their core competencies. Transactions happen with a combination of aggressive, committed, and capitalized buyers merging with well-educated sellers who have the determination to exhaust all ideas.

What’s your favorite Halloween candy?

I can’t resist Snickers and Reese’s.  Oh, and Smarties.

You can reach Joshat josh@joshfloring.com.

Jodi Summers

SoCal Industrial Real Esate Blog

What’s your background in the commercial real estate industry?

With more than $100,000,000 in lister commercial inventory, as the founder of of the SoCal Investment Group, I have expertise in the costal investment real estate market.  As a top producer with Sotheby’s International Realty, my team and I know finance, rules, regulations, procedures and methods.  We’re accurate,  knowledgable, timely and aware of how government shapes the cities of southern California.

What is your perspective and observations on commercial in your local market?

Wise industrial buyers have been picking up all the parcels they can find, and the L.A. industrial real estate market is beginning its rise off a ten year low.  If you’re an owner/user, Small Business Loans are generous at this moment.  Truly, there is no better time for a hungry industrial buyer to dive into the marketplace.  Prime parcels are coming and going on a weekly basis.

What’s your favorite Halloween candy?

Bufferfinger.

You can reach Jodi at jodi@jodisummers.com or at 310. 392.1211


And lets’ close out 3 Questions Friday by meeting…

Neil Johnson

What’s your background in the commercial real estate industry?

Former investor / developer.  Currently Managing Director – Broker of SperryVan Ness / Landmark Commercial Rewl Estate in Geneva, IL. We are part of a national firm with approximately 160 offices around the country, inlcuding nine in the Chicago area.  Our local office does sales and leasing of office, retail, industrial, multi-family and land.

What is your perspective and observations on commercial in your local market?

Things remain slow but are picking up.  We have placed more than 50 tenants in 2009-2010 and entrepreneurs are driving much of the activity.  The strong demographics in Kane county help the local economy and create opportunities for many businesses and services.  Banks seems willing to entertain conversations with borrowers, but properties and credit have to be extremely strong to get a deal done.

What is your favorite Halloween candy?

Hershey’s Special Dark Chocolate.

You can reach Neil at neil.johnson@svn.com


29. October 2010 by Wayne Grohl
Categories: Property | 1 comment

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