NAIOP is proud to announce the 13th annual Developing Leaders Award honoring up-and-coming commercial real estate professionals, 35 years of age and under, for their valued contribution and commitment to the industry. The 2018 Developing Leaders Award will be presented to recipients who have shown exemplary achievements and demonstrated outstanding professional accomplishments in the commercial real estate industry.
Click here for details
Summer is around the corner and we’re proud to start up our ‘Knot Tied Down’ clothing drive benefiting high school kids that cannot afford business clothing. Clean out those closets and let’s help out Communities in Schools again this year with ties and business attire and help the next generation!
Big news from the committee! We’re banding together NAIOP members, family and friends to help renovate cottages for St. Jude’s Ranch for Children in Boulder City. We will be raising funds and material donations until August 15 to start with Phase 1 of the project. Come September, we will be getting dirty for a great cause!
CLICK HERE to check out how to get involved, donate materials, money or time and learn about the project & about Jude’s Ranch for Children Cottage Renovation Project!
Community Service Committee Chair
Chris Teachman, LEE & SAKAHARA ARCHITECTS, INC.
702-270-6600 | cteachman@leesaklv.com| www.leesak.com
DLI Class #8 was held in Downtown Summerlin and covered Marketing. The class was sponsored by 10 Nine Design Group and the presenters were Danielle Bisterfeldt, Vice President of Marketing – Summerlin at The Howard Hughes Corporation and Bridget Richards of Sunset Development Partners.
A variety of different types of marketing were covered such as brand awareness, personal brand along with target marketing. Methods of marketing included everything from developing marketing campaigns all the way to million dollar signage and digital ads. Key points from the class were to always be intentional with your marketing, knowing your audience, having a good call to action, having a multi-pronged approach and knowing that the industry and group of people is small and that word travels fast (good and bad).
Whether you’re a national developer like Howard Hughes or are marketing your first property, the best marketing is well thought out, targeted, relevant and genuine. Our DLI Class will incorporate these key points into our class projects and future marketing plans for sure!
2018 DLI Class Vice President
Brenden Graves, Director of Client Services
DC Building Group
702.434.9991 C: 702.957.0600
E: BrendenG@BuildWithDCBG.com
Getting Dirty for a Cause! The NAIOP Community Service Committee is preparing for one of its largest and most intricate projects and WE NEED YOUR HELP! As you may know, the Community Service Committee holds several donation drives and coordinates various volunteer opportunities throughout the year. We strive to find new ways to actively seek out and help those in need in Southern Nevada.
This year, we have been incredibly fortunate to give back to our community by partnering with St. Jude’s Ranch for Children to renovate four of their homes on site, which, along with the rest of the ranch, help to serve over 500 children per year.
St. Jude’s Ranch for Children is a registered 501(c)(3) and has a mission of rescuing abused, abandoned and neglected children and providing a safe and nurturing transitional home for them. Over the past 50 years, St. Jude’s Ranch has provided new lives and created opportunities for thousands of abused and neglected children in Nevada.
In keeping with our committee’s mission to assist organizations in need of supplies and services, our Chapter will be seeking both material and monetary donations, as well as LOTS of volunteers, to complete this project. Each house on the 40 acre site is approximately 1,200 SF and will be undergoing complete renovations including new roofing, flooring and sub-flooring, plumbing, potential abatement of the ceilings and HVAC repair, as well as receiving cosmetic makeovers with new appliances, cabinets, doors, fixtures and paint to create healthier living spaces for guests at St. Jude’s Ranch.
Our NAIOP Chapter will be financially responsible for the cost of renovating each home, as well as fully responsible for the physical completion of the project. Because of this, in addition to asking for material donations, we have set a fundraising goal of $40,000 for the first phase of the project. Along with material and monetary donations, we are asking that our membership come out to volunteer and join us and St. Jude’s in this amazing cause. The vision of St. Jude’s Ranch for Children is to break the cycle of abuse and neglect by mending spirits and renewing hope. Please help us renew hope by joining us to complete this project!
Stay tuned for donation lists and volunteer opportunities. If you are interested in getting involved, please contact the Community Service Chair, Chris Teachman at cteachman@leesaklv.com.
Click here for more on St. Jude’s Ranch for Children and Click Here for project details and how you can get involved today!
NAIOP Southern Nevada offers our deepest condolences to his family and friends. We are greatly indebted to Ed Lubbers who served on our Board from 1993 – 2001 and as Chapter President in 1999. An active and avid volunteer, Ed was always willing to lend a hand and received the “President’s Award for Volunteerism” in 1994.
He was very involved in the Chapter’s Government Affairs activities, instrumental in establishing our Political Action Committee. Ed also received the very first Citizen of the Month Award from then Mayor Oscar Goodman, who named the street by City Hall in Ed’s honor for that month.
In lieu of flowers, Ed’s family requests donations be made in his memory to his favorite dog rescue & non-profits including The Animal Foundation, Nevada SPCA, Anchors Up Rescue Group, Connor and Millies Dog Rescue and his favorite bell ringers, The Salvation Army.
Our 26th Annual Golf Tournament is at Spanish Trail Country Club. Player registrations are sold out, however there are Volunteers Opportunities Available!
If you are a NAIOP Member and would like to volunteer on the day of the tournament contact Stacy Blattner at 702-430-8109 or stacy.blattner@communityvision.com.
Thank you again to our event sponsors!
The Thursday, February 15th NAIOP Southern Nevada’s breakfast program was titled – “Lessons Learned from a Rich History of Development in Las Vegas.” That morning we were graced with The Moderator of moderators. None other, than Mr. Rick “It Matters” Myers, President of Thomas & Mack Development.
The panel that morning … whoooooooo weeeeeeee! The panel was a doozy!
Thank you to Michael Hoshue with Cox Communications for sponsoring!
It was so interesting how Rick opened the show. In the introductions he asked every panelist what year they started in the business. Look back up at the list of panelists. The year at the end of each name is when they started.
Those who attended this breakfast were seriously treated with three types of content which I will outline in just a moment. First, I want to rub it in a bit for those who were not there. Unless you lived it, where else, and how else would you be able to get the domain knowledge of Las Vegas commercial real estate development over the last 20-40 years?! This program was incredibly insightful. Fortunately, there are these Takeaways. But reading about it here is like getting ice cream from the freezer at home vs. the ice cream truck. It’s just not the same!
Ok. What were the three types of content shared?
First was an overall history and evolution of development from when Mark Fine put Raytheon in Summerlin when nothing else was around it to when America Nevada started development for Ford Motor Credit’s office in Henderson having only signed acceptance of responsibility for the engineering in order to obtain permits early. There were about a dozen such stories. Each one illuminating context in buildings that we drive by daily. In this era it would take 3 months to get entitlements and 6 months to put up a building. How do you like them apples?
Click Here to read the complete article.
Hayim Mizrachi, CCIM
President | Principal
MDL Group
T 702.388.1800 | C 702.340.9600 | hmizrachi@mdlgroup.com
www.mdlgroup.com
DLI Class #7 happened on April 9th, 2018. The topic was real estate operations from an owners’ perspective and was held at a redevelopment project that is currently under transformation by Harsch Investment Properties. The Sunset Airport Center is a good representation of how different types of owners analyze investments based on their business plan and the value that projects can bring to an area. We were taught about different ownership groups, types of acquisitions, dispositions, redevelopment, REITs and the value of each of these strategies.
Reed Gottesman, VP- Regional Director of Leasing for Harsch, discussed the value they bring to their portfolio, using Sunset Airport Center as an example of an opportunity where one group had to sell low because of mismanagement and their strength as a long-term holder and on-site management guru to stabilize and improve the asset. Between the low cost/sf basis and minor upgrades needed, Harsch was able to double rents and use the new equity for their next project in record time.
Natasha Conner, also with the company, spoke about leasing and property management, discussed property amenities and gave a tour of the building, including both completed buildings and one still in the midst of a remodel. The finished product looked awesome! The class took notes on how this might help them in their business and a common theme was… be the best at what you do! Many thanks to Harsch Investment Properties for sponsoring the class.
2018 DLI Class Vice President
Brenden Graves, Director of Client Services
DC Building Group
702.434.9991 C: 702.957.0600
E: BrendenG@BuildWithDCBG.com
Thank you to each and everyone who donated food & supplies at our Street Teens drive at the April 2018 Breakfast Meeting! Your donations will help the lives of local homeless teens.
June is around the corner and the weather is getting warmer so it’s that time again for our annual ‘Knot Tied Down’ at the June and July Breakfast Meetings. Clean out those closets and donate those fabulous Christmas ties you received and your slightly used business attire. All donations will benefit Communities in Schools for those young adults dressing for success.
Click here to check out details on our upcoming St. Jude’s for Children Renovation Project!
Community Service Committee Chair
Chris Teachman, LEE & SAKAHARA ARCHITECTS, INC.
702-270-6600 | cteachman@leesaklv.com| www.leesak.com
