Public Announcements

 

2020 IREM CCIM Economic Forecast

Commercial real estate experts tout a sizzling and robust Phoenix and Arizona market at 13th Annual IREM-CCIM Economic Forecast

PHOENIX, ARIZONA (January 22, 2020) – The theme of the 13th Annual IREM-CCIM Economic Forecast was “The Real Scoop.” Judging by the comments of economists and industry panelists, the message that resonated was “Phoenix and Arizona are on fire.”

“Last year we talked about being late in the game and would there be extra innings,” said keynote speaker Elliott D. Pollack. “Where do we stand in the cycle now? Well, Phoenix is the most affordable major market in the Western U.S. We’re growing at three times that of other U.S. cities and still need to figure out how to deliver affordable housing. We’re likely to remain one of the top five metro areas in the country. Overall, I’d say the picture is positive.”

The Valley’s premier real estate outlook recently drew a crowd of more than 400 at the Omni Scottsdale Montelucia. Besides Pollack, the Economic Forecast featured panelists who specialize in office, industrial, multifamily and retail properties. The takeaways from each panel:

>> Office: The center of all activity continues to be Tempe, around Arizona State University and the Grand at Papago Park Center. Overall vacancy in that submarket is in the single digits. SkySong has added three more buildings, a hotel and an 800-unit multifamily project.

“We certainly have created an urban environment, a true live-work-play lifestyle,” said panelist Stan Shafer with Holualoa Companies, one of the developers of SkySong.

Medical office presents opportunities for brokers and owners alike, said Kate Morris with Transwestern.

“We don’t have enough doctors and facilities,” she said. “We certainly have more room for facilities. Right now, we have two hospitals under construction and more expanding. You don’t see that on the East Coast any longer.”

Added Johns Orsak with Lincoln Property Company:

“Our (the Valley) roster is now the Oracles of the world, financial companies. The diversity of the market has put us on sound footing here.”

>> Multifamily: While Arizona is enjoying a booming multifamily cycle, there are still issues on the horizon that could affect an industry that pumps $3.8 billion annually into the local economy.

“Last year is the first year we actually built enough units to meet the demand,” said John Carlson with Mark-Taylor. “The core of what creates demand is jobs. It’s all about jobs. But what keeps me up at night is rent control. It’s now an issue in 41 states.”

A lack of affordable housing is also a concern. More than 70 percent of all units built in the past few years have been specifically in Phoenix, Scottsdale and Tempe.

“The cycle is dynamic, and we have a lot of runway left,” said John Rials with Western Wealth Capital.

>> Retail: The new moniker for this property type, according to the panelists, is consumer real estate. A property type in which consumers want and expect an experience, whether it’s shopping or eating in a restaurant.

“Retail real estate is the best of all property types,” said Kalen Rickard with Western Retail Advisors. “We’ve had to reinvent ourselves. But think how we affect other property types, including multifamily and office. It’s still true that retail follows rooftops, especially in the Valley.”

“Retail is an amenity to attract workers and residents,” added Ari Spiro with ORION Investment Real Estate.

Trends? Josh Simon with SimonCRE said a popular trend is the unanchored retail center. “Retail is getting more localized,” he said.

>> Industrial: As new transportation corridors open around the Valley – namely the loops 202 and 303 freeways – the industrial market has flourished, panelists agreed.

“The Southwest Valley is experiencing an increase of larger big-box users because the land is cheaper out there,” said Jeff Foster with Prologis. “It’s e-commerce, food and beverage that is serving and fulfilling the population growth out there. The Loop 202 (South Mountain Freeway) is going to be a huge game-changer.”

The East Valley is also in demand of product, from 10,000 SF to 100,000 SF, according to Steve Larsen with JLL.

“The pent-up demand is now playing out,” Larsen said. “In-migration. Affordable housing. Pharma, aerospace and defense … industrial is being backfilled with lots of employment.”

Rusty Kennedy with CBRE agreed.

“The labor story is really what is driving activity in the Southeast Valley,” he said. “There are six or seven applicants for each job posting. Human resources is on the first tour. They want to know where the labor is coming from, where the kids will be going to school, where employees with be shopping.”

E-commerce, Megan Creecy-Herman said, is one of the darlings of the industrial sector. Data centers are the other.

The event was co-sponsored by the CCIM Central Arizona chapter (Certified Commercial Investment Member), commercial real estate’s global standard for professional achievement; and the Greater Phoenix Chapter of IREM (Institute of Real Estate Management), which comprises more than 280 professional commercial and residential real estate managers.

The recipient of this year’s Impact Award, Grand Canyon University President Brian Mueller, echoed the remarks made by Gov. Doug Ducey at his recent State of the State Address.

“This is one the best places to live and work,” Mueller said. “One of the biggest decisions the school made was to stay in West Phoenix. It’s a wonderful neighborhood of immigrants. What it needed was an economic catalyst. A lot is now going on west of Central Avenue. I feel extremely blessed to be at Grand Canyon and contribute to our local economy.”

Added Valley icon and long-time local businessman Jerry Collangelo, who presented Mueller with the award:

“Grand Canyon University is one of the greatest business and education stories in the country today. Brian could teach people a lot about real estate. He is very bullish on our economy. This is a very exciting time for all of you to be in this industry. Phoenix is on fire.”

 

United Food Bank Collection by Chapter

IREM Greater Phoenix collected 250 lbs. of canned food for United Food Bank helping feed 208 families for our community. Pictured Melissa Boyle, CPM.

 

Meet your 2020 IREM Greater Phoenix Chapter President

Rosalinda

Rosalinda Moehn, CPM® is the V.P. of Operations for NLR Management/G.A. Haan Development.

Positions held previously include Sr. Regional Manager for Milestone Management, Director of Property Management for Bridge Property Management where she managed conventional, market rate and tax credit communities. She graduated from Arizona State University with her Bachelor’s Degree in Business Administration/Marketing.

She is a licensed AZ real estate broker and received her CPM® in 2007. She received the CPM® of the Year award in 2015.

Rosalinda has a son, Tristan, her beloved pooch Bella, and is getting married on 12/31/19 to Terry Bridges (Congratulations!)

 

MEB Commercial Group adds real estate professional Tyrel Williams to Phoenix office

Tyrel

PHOENIX, ARIZONA (July 29, 2019) – MEB Commercial Group, a provider of comprehensive commercial management services throughout Metro Phoenix, is pleased to announce the addition of another industry professional at its Phoenix office.

Tyrel Williams has joined the commercial team as Vice President of Commercial Real Estate.  Williams is a seasoned professional with a rich background in real estate management, risk management, and business operations and holds his Certified Property Manager (CPM ®) designation from the Institute of Real Estate Management (IREM ®).

“We are very excited to announce Tyrel Williams as our Vice President of Commercial Real Estate. Having Tyrel join our leadership team expands the depth of our expertise and therefore allows us to bring greater value to each of our clients. This comprehensive and accomplished team enables us to continue with our strategic growth plan,” said MEB Principal Libby Ekre, CPM ®.

Williams brings a wealth of experience from his professional career serving in several positions of high responsibility with leading companies such as CBRE, Coldwell Banker Commercial, University of Utah and Allstate Insurance Company. He has managed multimillion-dollar commercial real estate portfolios, overseen several large construction and development projects, and managed risk through insurance strategies for various property owners and businesses.

Williams holds a Bachelor of Science degree in facility and property management and holds active real estate and insurance licenses in Arizona.

 

MEB Management Services Principal Libby Ekre honored by Globe St. as a 2019 Woman of Influence in commercial real estate

MEB Management Services Principal Libby Ekre honored by Globe St. as a 2019 Woman of Influence in commercial real estate

http://madrid-media.com/news-updates/meb-management-services-principal-libby-ekre-honored-by-globe-st-as-a-2019-woman-of-influence-in-commercial-real-estate/

PHOENIX, ARIZONA (July 23, 2019) – Libby Ekre, Principal of MEB Management Services, one of Arizona’s prominent women-owned firms, was among the winners of the 2019 Globe St. Women of Influence in commercial real estate.

Since 1983, Globe St. and Real Estate Forum have recognized women who significantly influence the real estate profession and drive the industry forward. Entries are evaluated based on a number of factors including professional reputation, career highlights, innovation, creative thinking and dedication to advancing the role of women in real estate.

Ekre, CPM®, was named a Woman of Influence in the Property/Facility Manager of the Year category. She is among eight Institute of Real Estate Management (IREM) members who were honored.

“I am truly honored to be recognized, along with my fellow IREM executives, as one of Globe Street’s Women of Influence of 2019,” Ekre said. “At MEB, our purpose is to enrich the lives of our clients, residents and team members by creating value. Our team exemplifies these values and owns this mission every day. This recognition is due in large part to this dedication and I’m grateful to be a part.”

 

Avana at the Pointe JOINS the Elite Group of Sustainable Properties

CSP
Avana at the Pointe JOINS the Elite Group of Sustainable Properties
 
Congratulations on achieving the IREM Certified Sustainable Property certification, a mark of distinction for existing office, multifamily, and retail properties. The certification is awarded to this multifamily center community: Avana at the Pointe Phoenix, AZ 85020 Owned by: Greystar Investment Group Managed by: Greystar Management Services, AMO® Property Type: Multifamily Community Date Certified: December 31, 2018 Renewal Application Due By: December 31, 2021
IREM believes that exceptional management is crucial to the continued performance of sustainable and energy-efficient properties – and to maximizing the value of investment real estate. You have demonstrated your commitment to this cause by earning the IREM Certified Sustainable Property certification for your shopping center, and we commend you on this achievement. #iremphx
 
To learn more about this prestigious recognition: https://www.irem.org/credentials/for-properties/irem-sustainability

 

Happy Valley Towne Center JOINS the Elite Group of Sustainable Properties

CSP
Happy Valley Towne Center JOINS the Elite Group of Sustainable Properties
 
Congratulations on achieving the IREM Certified Sustainable Property certification, a mark of distinction for existing office, multifamily, and retail properties. The certification is awarded to this shopping center community: Happy Valley Towne Center Phoenix, AZ 85085 Owned by: UBS Realty Investors, LLC Managed by: Vestar, Property Type: Shopping Center Date Certified: December 31, 2018 Renewal Application Due By: December 31, 2021
IREM believes that exceptional management is crucial to the continued performance of sustainable and energy-efficient properties – and to maximizing the value of investment real estate. You have demonstrated your commitment to this cause by earning the IREM Certified Sustainable Property certification for your shopping center, and we commend you on this achievement. #iremphx
 
To learn more about this prestigious recognition: https://www.irem.org/credentials/for-properties/irem-sustainability

 

The Palms on Scottsdale JOINS the Elite Group of Sustainable Properties

CSP
The Palms on Scottsdale JOINS the Elite Group of Sustainable Properties
 
Congratulations on achieving the IREM Certified Sustainable Property certification, a mark of distinction for existing office, multifamily, and retail properties. The certification is awarded to this multifamily community: The Palms on Scottsdale Owned by: UBS Realty Investors, LLC Managed by: Greystar Management Services, AMO® Property Type: Multifamily Community Date Certified: December 31, 2018 Renewal Application Due By: December 31, 2021
IREM believes that exceptional management is crucial to the continued performance of sustainable and energy-efficient properties – and to maximizing the value of investment real estate. You have demonstrated your commitment to this cause by earning the IREM Certified Sustainable Property certification for your shopping center, and we commend you on this achievement. #iremphx
 
To learn more about this prestigious recognition: https://www.irem.org/credentials/for-properties/irem-sustainability

 

Best of NAOIP Nominates Diablo Technology Park

Genna

Diablo Technology Park nominated as Best of NAOIP 2018 - congratulations to Genna Goldberg, CPM!

 

Meet our Newest CPM's, ARM's and ACom!

March Installations

Super Congrats to our newest Best of the Best: CPM's: Kelsie Whipple, Michael Chadwick; ARM's: Norma Bruley, Mark Covey, Valerie Rios; ACoM: Arnold Cosgrove! Your hard work has paid off and IREM Greater Phoenix is very proud of you!

 

Broadstone Waterfront/Scottsdale JOINS the Elite Group of Sustainable Properties

CSP
Broadstone Waterfront/Scottsdale JOINS the Elite Group of Sustainable Properties
 
Congratulations on achieving the IREM Certified Sustainable Property certification, a mark of distinction for existing office, multifamily, and retail properties. The certification is awarded to this multifamily community: Broadstone Waterfront Scottsdale, AZ 85251 Owned by: J.P. Morgan Asset Management Managed by: Alliance Residential Company, AMO
IREM believes that exceptional management is crucial to the continued performance of sustainable and energy-efficient properties – and to maximizing the value of investment real estate. You have demonstrated your commitment to this cause by earning the IREM Certified Sustainable Property certification for your shopping center, and we commend you on this achievement. #iremphx
 
To learn more about this prestigious recognition: https://www.irem.org/credentials/for-properties/irem-sustainability

 

CPM & ACoM Installations December 2018

Genna Goldberg, CPM and 2018 Chapter President recognizes Whitney Delgado, CPM; Jasmine Greene, CPM; Heather Knudson, CPM; McKenna Drummond, CPM; Ana Ramirez, CPM and Mark Hanneken, ACoM

 

2018 Appreciation Award Jim Kowalski & Daniel Mazzon

   

 

2018 President's Award Tyrel Williams, CPM

 

2018 Associate of the Year Briana McReynolds, MODE Commercial

 

2018 AMO of the Year MEB Management Services, AMO

 

2018 CPM of the Year Tom Coughlin, CPM

 

REME Award WINNER: MEB Management Services, AMO of the Year

reme

MEB Management Services, AMO won the REME Award, AMO of the Year, at the IREM Global Summit Conference in Ft. Lauderdale (9/29/28).  We're so proud of Libby Ekre, CPM, and her team!

 

 

Member Spotlight...Jennie Miller, CPM

jennie miller

Market Edge Realty LLC was founded by Jennie Miller, CPM. Jennie is an award winning Real Estate Broker who has exceeded quotas, earning company and industry recognition for TOP sales performance and customer satisfaction annually AND Jennie has been featured on News Channel 3 in Phoenix! Originally from Chicago, Jennie has lived and worked and lived in the Phoenix area for nearly 30 years. Jennie holds a Bachelor's' Degree in Accounting; is working toward her MBA.

The Real Estate experiences and education she has acquired undauntedly will pave the road of her success for years to come. Market Edge Realty LLC uses the talents of being an articulate communicators and skilled negotiators to educate and empower their customers to alleviate the stress of managing their property making it a smooth transition. Market Edge Realty LLC also offers buyer/seller services to help clients acquire and liquidate investment properties.

Jennie took advantage of IREM's education towards the prestigious CPM designation, and recently obtained her CPM in August.

 

Member Spotlight...Patty Hartley, CPM Candidate

p hartley

Patty Hartley, IREM CPM candidate and member of CCIM, has 25 years of commercial property management experience. Patty brings property management leadership and expertise to MODE Real Estate Management Services. Prior to MODE Patty spent 10 years as the Director of Real Estate for the Central Region of the U.S. at Healthcare Realty Trust, one of the largest medical REITs in the nation. The financial successes of her building portfolios are largely due to recognizing that a primary focus is to increase property values by maximizing leasing and occupancy income and minimizing operating expenses. Patty’s recent intern program is very successful; it allows ASU students to work for MODE, thus giving undergrads an opportunity to build resumes with commercial real estate experience

I joined IREM for the opportunity to earn my CPM credentials. The elite CPM designation reflects the highest ethical standards of practice and education achievable in our industry and is proof of a Manger’s maintenance of high moral standards and integrity. The networking and sharing of experiences and practices is invaluable.

 

2018 Real Estate Management Excellence Awards Finalists

meb

Congratulations MEB Management Services, AMO, on being nominated as a finalist for the AMO Company of the Year and the Employee & Leadership Development Category.

The IREM REME Awards highlight the people and companies who manage to make a difference™ in our industry, and celebrate real estate management by emphasizing innovative business practices and sharing successful initiatives to foster further advancement, locally, nationally and globally.

Though their programs and initiatives may vary, the shared commonality between all of the 2018 REME Award Finalists is a commitment to add value to their teams, their clients, and their properties. All of the 2018 finalists are not only working to improve themselves/their companies, they really demonstrated a commitment to perpetuating the real estate management industry itself. It is an honor for IREM to be able to champion these companies and individuals and to highlight the wonderful work that they are doing.

The REME Awards winners will be announced from among the finalists at the Inaugural Gala Dinner and REME Awards celebration during the IREM Global Summit on September 29 in Hollywood, FL. To see the list of finalists and learn more about them visit: h
ttps://www.irem.org/events/reme-awards/remefinalist2018

 

Member Spotlight...Ed Valerio, CPM

I would like to become more involved with the Phoenix Chapter because I am a Past President of the Milwaukee Chapter and feel like I can bring value and perspective to the board having served in another region of the country.  The majority of my first two years in Phoenix has been spent learning the market and re-establishing our business, so I have not had the opportunity to meet as many property management professionals as I would have liked.  It’s important to me to be connected within our industry and to help maintain the high level of professionalism that owners, brokers, tenants and clients have come to expect from us.  IREM has helped me grow professionally, so I feel it’s important to give that back to our membership.

 

ED VALERIO, CPM®

Director, Property Management  | Knight Management

DIRECT 602.682.0196 | CELL 414.255.6540 | [email protected]

 

 

Member Spotlight...Ana Ramirez, CPM Candidate

Ana

Ana L Ramirez, LEED GA, Senior Property Manager 
3200 E Camelback Road Suite 119 | Phoenix, AZ 85018
Direct +1 602 957 4077 Mobile +1 480 239 8805
[email protected]WWW.LPCPHX.COM

Ana is a Senior Property Manager for Lincoln Property Company and an IREM CPM Candidate. She joined IREM in 2017 and is pursuing her CPM designation. She has over 14 years’ experience in managing retail, office and industrial portfolios for institutional and non-institutional owners. Her current portfolio of 1.2 million square feet, consists of Class A office and industrial properties.

Ana states, "I joined IREM to not only pursue my CPM designation and extend my network, but to be part of an organization that can influence the real estate community."

Ana is married with three daughters and enjoys playing soccer on inter-city leagues in Phoenix, Arizona.

 

Tempe Marketplace JOINS the Elite Group of Sustainable Properties

CSP
Tempe Marketplace JOINS the Elite Group of Sustainable Properties
 
Congratulations on achieving the IREM Certified Sustainable Property certification, a mark of distinction for existing office, multifamily, and retail properties. The certification is awarded to this shopping center: Tempe Marketplace Tempe, AZ 85281 Owned by: AEW Capital Management L.P. Managed by: Vestar Properties, Inc.
IREM believes that exceptional management is crucial to the continued performance of sustainable and energy-efficient properties – and to maximizing the value of investment real estate. You have demonstrated your commitment to this cause by earning the IREM Certified Sustainable Property certification for your shopping center, and we commend you on this achievement. #iremphx
 
To learn more about this prestigious recognition: https://www.irem.org/credentials/for-properties/irem-sustainability

 

Member Spotlight...Terry Loo, CPM

terry

Terry Loo is a CPM® and “veteran” in property management having spent his career across numerous fields from Multi-family to Class A Commercial.  He has been with CBRE, Inc. for the last 17 years and as a General Manager, he and his team of 22 currently manage a mixed portfolio of Office and Industrial assets totaling 2.5 million square feet.  Terry’s philosophy is simply “constant improvement.”  Purposeful evaluation drives improvements to people, systems/processes and assets by using technology, knowledge and experience.  This focused review process will consistently return the most value on the things we invest in.

Being a member of IREM® Greater Phoenix provides numerous benefits, whether through networking, education or access to Industry Partners, careers are enhanced with IREM®. IREM® designations are well recognized in the greater Real Estate and Property Management community and reflect expertise and dedication that separate you from the field.

 

IREM President Genna Goldberg, CPM, highlights our Association!

Read the article online at https://azbigmedia.com/irem-president-helps-association-face-forward-and-move-up/

 

VOLUNTEER OPPORTUNITIES

IREM®  Volunteer Opportunities

  • 2019 IREM® Volunteers – Click here to learn more about the NEW process for volunteering and to apply today! Deadline to submit applications is June 15th.
  • 2019 Governing Councillors – Click here to learn more about serving on the Governing Council and to apply today! Deadline to submit applications is July 15th.
  • 2020-2021 Regional Vice Presidents (RVPs) for Regions 1, 3, 4, 7, 9, 10 – Click here to learn more about the RVP position and to apply today!  Deadline to submit application is July 15th.

 

IREM & Ghaster Painting & Coatings 20th Annual Golf Tournament

The Golf Tournament held on April 20th at McCormick Ranch was a huge success!  Sponsors and Players raised over $5,000 for UMOM and over $3,000 for IREM Educational Scholarships for Members to pursue their IREM Credentials!

 

IREM Social Feeds Ryan House

IREM Greater Phoenix Social Committee provided dinner at Hospice of the Valley on February 19, 2018. We were honored to sponsor a dinner for the children and families at Ryan House!  In collaboration with New Song Center for Grieving Children, Hospice of the Valley hosts a bereavement support group for the families of Ryan House who have lost a child to assist their transition to the future. Enduring Ties, the name of the bereavement support group, is held twice a month and is a very important time for the parents and siblings as they go through different workshops each session to learn to cope.