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LBCREC Newsletter 3-Dec-09

Brian Russell — Fri, 04 Dec 2009 02:24:51 GMT

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Hello [firstname],

Welcome to the LBCREC newsletter of upcoming events, articles, jobs and more from our membership.

Our 2009 Holiday Breakfast Meeting is Friday, December 4th at 7:30 at The Grand.

Please join us. We will not have a speaker tomorrow. Rather, we will have a gift exchange for items worth about $20.00.

We look forward to you joining us.

Happy Holidays

Brian C. Russell, President
Long Beach Commercial Real Estate Council

Save the Date
2010 Annual Luncheon
Thursday, April 8, 2010
11:30 - 1:30 PM
The Westin Long Beach

Our keynote speaker is Steve Hopkins, President of Hopkins Development.

Industry Update by the Real Estate Commissioner, State of California.

Stay up to date with our RSS feeds.

3-Dec-09 6:24 PM

LBCREC Newsletter 7-Jul-09

Linda Martinez — Tue, 07 Jul 2009 22:49:46 GMT

Welcome to the LBCREC newsletter of upcoming events, articles and more from our membership.

Your login information is listed below. To log into the site, visit http://www.lbcrec.com/en/ and enter your Username and Password.

Username: [username]
Password: [password]

If you have any questions please contact Site Administrator Chris Barbieri.

Upcoming Events

Join us this Friday at 7:30 AM for a special event - North Long Beach tour with Val Lerch

Guided Tour of North Long Beach by Val Lerch
Day: Friday 10-Jul-09 7:30 AM
Location: The Grand 4101 E. Willow Long Beach, CA 90815
Register Mapquest | Add to Calendar

Back by popular demand, we are presenting the North Long Beach Bus Tour for a reprise. Last year’s event was an overwhelming success. Vice Mayor Val Lerch will conduct a guided tour of his 9th District, highlighting areas that are scheduled for redevelopment and new construction. This is a great way to learn about RFPs in North Long Beach, where Enterprise Zones and incentive areas are located, and the inside track on future projects that can help you discover opportunities for investment and development.

Breakfast, coffee and orange juice will be served on the bus. The tour bus will depart promptly at 7:45 AM; please meet in front of the Grand at 7:30 AM so that you will have time to sign in and select your breakfast. Seating is limited so pre-registration is highly recommended.

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Tax Strategies for Investment Real Estate
Day: Friday 7-Aug-09 7:30 AM
Location: The Grand 4101 E Willow Long Beach, CA 90815
Register Mapquest | Add to Calendar

Long Beach Business Journal

Long Beach Business Journal Headline News

Stimulus Bill Slow To Stop Job Losses In Golden State

The slow pace of job creation under the $787 billion American Recovery and Reinvestment Act of 2009, or stimulus bill, is causing concern as unemployment numbers continue to rise both nationally and locally ... [More Info]

Local News

City Council To Take Up Solar Panel Fees On July 7
The Long Beach City Council will meet at 5 p.m. on July 7 at city council chambers, 333 W. Ocean St. in Long Beach. Included on the agenda is a proposal for a feasibility study on lowering city fees for the installation of solar panels. The proposal is sponsored by councilmembers Robert Garcia and Patrick O’Donnell. For more information, visit www.longbeach.gov

The Long Beach Mayors Oral History Series On July 9
The Historical Society of Long Beach will host The Long Beach Mayors Oral History Series with former mayor Erine Kell at 7 p.m. on July 9 at the Historical Society’s Main Gallery, 4260 Atlantic Ave. in Long Beach. Admission is $10. For more information, call 562/424-2220.

Carson Chamber Of Commerce Installation & Awards Luncheon On July 9
The Carson Chamber of Commerce will host its annual Installation & Awards Luncheon from 11:30 a.m. to 1:30 p.m. on July 9 at the DoubleTree Hotel Carson Civic Plaza, 2 Civic Plaza in Carson. Tickets are $75 per person. For more information, contact Lena Whittaker at 310/217-4590.

Tire Recycling Roundup On July 11
A recycling roundup will be held in from 9 a.m. to 1 p.m. on July at the Environmental Services Bureau, 2929 E. Willow St. in Long Beach. Tire rims will not be accepted at the recycling event, and residents are limited to five tires or fewer per car. For more information, visit www.longbeach-recyles.org

Visit LBCREC.com

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7-Jul-09 3:49 PM

Hermosa At The Beach - $100k Price Reduction

Brendan Erickson — Sat, 06 Jun 2009 02:00:00 GMT

319 Hermosa Avenue
Long Beach, CA 90802

Type:	Multifamily Garden/Low-Rise
No. Units:	17
Building Size:	7,724 SF
Lot Size:	6,247 SF
Occupancy:	90.00%
Price:	$1,475,000
Price/Unit:	$86,765
GRM:	9.95
Cap Rate:	6.00%
Year Built:	1933

Property Description:
319 Hermosa Avenue is a wonderful opportunity to purchase a well located and attractive apartment building in the quiet neighborhood of Alamitos Beach in Long Beach, CA. The property was constructed in 1933 and consists of two two-story buildings and a center patio/courtyard area. The unit mix consists of 9 Studios and 8 1 Bedroom/1Bath Units. The property is master metered and is in fair condition. This is a small scale fixer opportunity where a new owner can convert the meters and cosmetically rehab the units to raise rents and acheive a 6.5% CAP rate (with underwritten expenses of 40% of GSI) only four blocks to the beach.

Location Description:

Only 4 blocks to the beach 319 Hermosa is in the East Alamitos Beach neighborhood of Long Beach. Hermosa Avenue is one block east of Cherry, and the 300 block is 4 blocks north of the ocean. This location allows easy travel to Downtown LB, Belmont Shore, and all the attractions of the beach.

Click Here To Download 319 Hermosa Executive Summary

Contact

Brendan T. Erickson

Senior Associate

Marcus & Millichap
One World Trade Center
Suite 2100
Long Beach, CA 90831
License: CA: 01366932

(562) 257-1200 main

(562) 257-1234 direct

(562) 684-0408 fax
(310) 606-0637 mobile
brendan.erickson@marcusmillichap.com

5-Jun-09 7:00 PM

17 Units - 3 Blocks to the Water!

Brendan Erickson — Sat, 06 Jun 2009 01:00:00 GMT

1762 E. 3rd Street
Long Beach, CA 90802

Type:	Multifamily Garden/Low-Rise
No. Units:	17
Building Size:	7,772 SF
Lot Size:	8,246 SF
Occupancy:	100.00%
Price:	$1,850,000
Price/Unit:	$108,824
GRM:	10.39
Cap Rate:	6.20%
Year Built:	1923

Property Description:
The property was originally constructed in 1923 of 7,772 square feet on an 8,246 sq foot lot. The center-courtyard garden style construction has a unit mix of 14 single units, 2 1Bd/1Ba units, and 1 2Bd/1Ba unit. Additional income is generated by on-site laundry and four garages. All units are well maintained with many having undergone complete renovation. Amenities in most units include: hardwood floors, new kitchen and bathroom tile, built-in cabinetry, and modern fixtures. Exterior and structural improvements include: complete electrical submetering for each unit and complete rewiring, new facade and exterior paint, security lighting, landscaping, sprinkler system, new couryard tile surface, new fountain, and new remote saccessed garage doors. Major updates have also been made to the roof and plumbing. All units are currently rented and producing a 6.2% CAP rate with conservative expenses and a 3% vacancy reserve.

Location Description:
This is a greate opportunity to own only 4 blocks to the beach in the high rental demand neighborhood of Alamitos Beach. The property is one block West of Cherry Avenue and is less than two miles to the East of Downtown Long Beach, and just a short bike ride under one mile to Belmont Shore.

Click Here To Download Property Flyer

Contact

Brendan T. Erickson

Senior Associate

Marcus & Millichap
One World Trade Center
Suite 2100
Long Beach, CA 90831
License: CA: 01366932

(562) 257-1200 main

(562) 257-1234 direct
(562) 684-0408 fax
(310) 606-0637 mobile
brendan.erickson@marcusmillichap.com

5-Jun-09 6:00 PM

Three Contiguous Commercial Buildings For Sale

Steve Bogoyevac — Fri, 29 May 2009 02:00:00 GMT

Marcus & Millichap is proud to announce an opportunity to purchase three contiguous retail assets in prime San Pedro. On the corner of 6^th and South Pacific is a large multi-tenant office/retail structure that with its complete renovation has achieved over 93% occupancy of leasable space, while its large common areas give it a feeling of openness that the strong tenant base enjoys. Tenant list includes a prominent chiropractor, law firm, wine store, art gallery, fitness center, and a school. Next door at 624 South Pacific is a 5400 square foot storefront property with a 5400 square foot usable basement area. This is currently on a NNN lease until April of 2011 and being sold at above an 8% cap rate. The final building is at 630 South Pacific, on the corner of Pacific and 7^th. This building has 2 storefront retail spaces, with one currently vacant, and the balance of the large 22,500 square foot building consists of a owner operated self storage business. This basement plus two story building has high ceilings and is in great shape with unlimited potential for development.

There is a large public parking area behind the properties as well as other well visited shopping plazas nearby. Historic Warner Grand Theatre is across 6th street around the corner on 6th street, where the street hosts a popular farmers' market on occasion. San Pedro is in the midst of an exciting transformation that began with the Waterfront Gateway Project in 2004 and has included many newly completed condo and loft projects within a short walking distance from this property. As these high end units steadily fill, the need to service the residents will continue to grow in the area. The two neighboring buildings are also available for sale, enabling an investor and/or developer to control the entire block.

Click here for map to property

Contact:

Steve "Bogie" Bogoyevac

sbogoyevac@marcusmillichap.com

(562) 257-1200 phone

Rob Laurie
rob.laurie@marcusmillichap.com

(562) 257-1200 ext. 1266
(562) 394-0641 efax
(949) 842-0620 mobile

28-May-09 7:00 PM

Retail Space for Lease

Linda Martinez — Fri, 29 May 2009 01:30:00 GMT

Property Address:
130 132 W. Anaheim

Long Beach, CA 90813

Property Description:
Two story, 2,400 SF free standing building (2,100 SF ground level and 300 SF second level) under construction, directly adjacent to state-of-the-art car wash. Divisible to 500 SF. Estimated completion in July 2009. Excellent street frontage of 230 FT (150 FT on Anaheim and 80 FT on Pacific). Could be perfect for convenience store, fast food, coffee and bakery - check with City.

Location Description:
Located on the busy Anaheim Corridor with traffic counts in excess of 55,000 daily on the signalized SE corner of Anaheim & Pacific. This area is undergoing urban revitalization and the property is eligible for Long Beach Enterprise Zone tax credits. Easy access to 405, 605 and 710 freeways, as well as public transportation.

Highlights:

New construction 2400 sq ft retail building
Build to suit lease - divisible to 500 sq ft
Second level could be used for storage or private offices
Traffic counts in excess of 50,000 ±
Located in Enterprise Zone, Eligible for Tax Credits
Close proximity to Downtown Long Beach and Pine Ave.
Call agent for more details

Asking Rate:
Negotiable

Square Feet:
2,400 SF building on a 14,000 SF lot

Lease Price:
Negotiable

Floor Plan:
Download

Flyer:

Download

Map:

Google Map
Downloadable Map

For more information, contact:

Linda Martinez
First Team Commercial
562-346-5013 - office

714-658-2721 - cell

562-684-4735 - fax
LindaMartinez@FirstTeamCommercial.com

28-May-09 6:30 PM

School Wants Space to Lease in Orange County

Linda Martinez — Fri, 29 May 2009 00:00:00 GMT

Private school is looking for space to lease in Orange County; preferably, Tustin, Santa Ana, Orange or Irvine. Minimum of 4,000 sq ft with classrooms. Pre-school, K-8 students so a playground would be ideal. They want to be ready for the fall semester. Must have ample parking.

Contact:

Linda Martinez

First Team Commercial

562-346-5013 - office

714-658-2721 - cell

562-684-4735 - fax

28-May-09 5:00 PM

7 Apartment Units

Steve Bogoyevac — Thu, 28 May 2009 00:00:00 GMT

160 East 57th Street

Long Beach, CA 90805

No. Units: 7

Building Size: 5,656 SF

Lot Size: 5,606 SF

Price: $890,000

Price/Unit: $127,143

GRM: 9.90

Cap Rate: 7.25%

Year Built: 1964

INVESTMENT HIGHLIGHTS

All Two-Bedroom/Two-Bath Units

On-Site Laundry

All New Security Doors

All Copper Plumbing

All Plastic Sewer Piping

Property Description:

A seven-unit apartment constructed in 1964 of wood frame and stucco, tenants enjoy a well-maintained commonarea with on-site laundry equipment along with three garages. The unit mix consists of all two-bedroom/two-bath units. The property also features separately metered gas and electric. The current owner has thoroughly updated the property with all copper plumbing, plastic sewers, new security doors and a fresh coat of paint. The property is very close to the 405 and 710 Freeways, which creates easy access to employers and keeps the units in very high demand. This property is a great opportunity for an investor looking for solid cash flow with rental upside in a very strong rental market.

Location Description:

This building is located on 57th street in Northwest Long Beach near the borders of Lakewood, Bellflower and Paramount.

Click here for map to property

Property Brochure:

Download 160 East 57th Street Executive Summary

Contact:

Steve "Bogie" Bogoyevac

sbogoyevac@marcusmillichap.com

562-257-1232 - ph

27-May-09 5:00 PM

Commercial Land For Sale

Linda Martinez — Sun, 10 May 2009 23:00:00 GMT

Development Opportunity

1522 Firestone Blvd.
Los Angeles, CA 90001

Description

>>Land Area: Approx.14,622 SF

>>Zoning: LCC 3 — Commercial

>>APN: 6044-001-009, 6044-001-010, 6044-001-011

>>Year Built: 1931

Overview

The Property is a single-tenant retail building totaling approximately 1,640 SF with 120 Ft. Frontage on Firestone Boulevard. Another tenant leases the 9,748 SF Parking Lot. All three parcels total 14,622 Square Feet. The value is mainly in land.

Location

The property is located on Firestone Boulevard east of Compton Ave. in the city of Los Angeles. Click here for directions to 1522 Firestone

List Price

$410,000

THE OPPORTUNITY

This development opportunity is three contiguous commercial lots totaling 14,622 square feet on heavily trafficked Firestone Boulevard near Compton Ave. An existing building is used as an appliance store but value is mainly in land. There are two tenants: one is month-to-month; the other has a short term lease that expires in early 2011.

Total 120’ frontage on Firestone. LCC3 zoning allows for virtually all commercial uses (verify with County of Los Angeles for specific use).

INVESTMENT HIGHLIGHTS

» Land can be purchased for development or owner/user retail.

» Two existing tenants; lease expires in early 2011

» Traffic counts in excess of 38,000+ in every direction

» Zoning allows for many commercial uses

» Seller Financing Available

LOCATION HIGHLIGHTS

» Easy access to 405, 110 and 105 freeways

» Easy access to public transportation

» TGNO 704-F2

» Excellent visibility from Firestone Blvd.


	CLICK ON MAP FOR DIRECTIONS

For more information contact listing agent:

Linda Martinez	(562) 346-5013

10-May-09 4:00 PM

Truly Unique Industrial For Sale

Rob Laurie — Tue, 28 Apr 2009 16:00:00 GMT

Marcus & Millichap is pleased to present for purchase this creative loft/office building in the Los Angeles/Mid-Cities area. Situated immediately off of the I-10 Freeway Washington Boulevard exit, it is 6,650 square feet reinforced block structure on a 6,538 square feet lot.

For more details on this property download our full marketing package at: http://www.5600washington.com/5616

The interior space is an incredibly designed “creative office space.” Features include two bedroom areas, two living room areas with fireplaces and high ceilings, and a fountain area. There is also a full modern kitchen on the second floor as well as a smaller “ convenience” kitchen on the ground floor. All walls on the second floor are non-load-bearing allowing for a new investor to change the layout to their specifications. Amenities include three separate airconditioned zones, tiled floors, full bath with tub and another with a sealed steam shower. The interior of this building is a must see!

There is approximately 3,000 square feet of parking area in a privately gated rear area. Also the alley way behind the building is fenced and lockable adding to the secure nature of this property.

Located seconds from the I-10 Freeway, blocks from popular Culver City, and only a few miles from Beverly Hills and Downtown Los Angeles, this is an ideal location. It provides a truly unparalleled experience perfect for those seeking an upscale workplace full of extra features.

For more details on this property download our full marketing package at: http://www.5600washington.com/5616

All measurements are from seller to be confirmed by buyer.

28-Apr-09 9:00 AM

LBCREC Board Member Earns 2009 Broker of the Year at Firm

noemail@lbcrec.com — Fri, 22 Jan 2010 02:00:00 GMT

Business Team Business Sales and Acquisitions, which is the largest business- for-sale brokerage in the Western United States, has announced George Hicks as their “2009 Broker of the Year” and their “2009 Producer of the Year” at an awards ceremony on January 13^th. This is the first time in the Torrance company’s fourteen year history that both awards were presented to the same broker. The awards recognize the top dollar producer and the top transaction volume producer respectively at Business Team for the previous year.

Hicks, an eight year veteran says, "In spite of what you may read to the contrary, small business transactions are alive and well. SBA buyer financing is active again and baby boomers are retiring. We expect a break out year in 2010".

On behalf of the entire Long Beach Commercial Real Estate Council, we congratulate our friend and colleague George Hicks for this terrific acheivement says Brian C. Russell, President of the Long Beach Commercial Real Estate Council.

George's success, in my view, is due to his integrity, solid communication skills and his knowlege of industry continues Russell. His clients see these traits in him and so do we his colleagues at the Council.

Congratulations George! Well Done!

Scott K. Lunine, Executive VP/Managing Director of R.R. Winston & Company

noemail@lbcrec.com — Wed, 05 Aug 2009 20:00:00 GMT

Scott Lunine serves as Executive Vice President/Managing Director for T.R. Winston & Company, a New Jersey based full service financial services company. Lunine’s primary focus has been building a national sales organization specializing in the marketing and sales of real estate investment products, including REITS, vulture funds, TICs/DSTs, joint ventures and private equity. In his tenure he has opened offices in Miami, San Francisco, Orange County, Washington DC, Chicago, and Los Angeles. In adverse economic conditions he has increased sales by 32.6%. Prior to joining T.R. Winston and Company, Lunine was Managing Director of SCI Real Estate Investments. At SCI he established 23 offices throughout the United States and developed one of the top performing sales teams in the nation with annual sales in excess of $700 million. Prior to joining SCI, Lunine spent eight years as Sr. Vice President/Managing Director for Sperry Van Ness one of the largest investment real estate companies...

Marcus & Millichap's Michael Derk: How To Get The Best Deal For Your Loan

noemail@lbcrec.com — Wed, 20 May 2009 18:00:00 GMT

LONG BEACH—May 20, 2009 - Michael Derk, Senior Director of Marcus & Millichap Capital Corporation (MMCC), will discuss getting the best loans for investment deals at the Long Beach Commercial Real Estate Council (LBCREC.com) on June 5, 2009 at the Grand, 4101 E. Willow, Long Beach. Michael will give the inside on who is still in the market, who is lending, and the type of borrower that can get a loan in today’s market. Attendees will learn what borrowers can do to improve their chances on obtaining financing in this uncertain environment. Michael Derk has excelled year over year while overseeing loan originations at Marcus & Millichap. In 2008, he closed 54 transactions for a total of just over $170 million in loans. Since joining the company in 2002, Michael has closed in excess of $650 million in loan dollars. Michael will share his insight on selecting the best loan from different financing options and diverse sources at the June LBCREC First Friday Breakfast. LBCREC’s First...

CRE Industry Leaders to Headline LBCREC First Friday Breakfast

noemail@lbcrec.com — Sat, 21 Feb 2009 23:00:00 GMT

LONG BEACH—March 15, 2009) Prominent commercial real estate leaders will comprise a panel of speakers at the Long Beach Commercial Real Estate Council (LBCREC) Past Presidents Forum on Friday, April 3 at The Grand in Long Beach. The panelists, all former presidents of LBCREC, will discuss how to seize opportunity and prosper in the commercial real estate industry during the current economic environment. Former LBCREC presidents scheduled to share their insight and solutions for thriving in this difficult market are: Chris Barbieri, ANR Asset Management Brokerage; Stephen Bello, INCO Company; Becky Blair, Blair Commercial; Randy Jones, Bank of America; Brad Miles, INCO Company and Gregory Williams, Blair Commercial. Stephen Bello, INCO Company (LBCREC President 1998) commented: Some may see this economy as a challenge, but I like to see it as an opportunity for growth. With patience and persistence the rewards will be abundant when the economy turns around. Having worked through...

B of A Sr. VP Forecasts Changes in Value, Opportunities

noemail@lbcrec.com — Sun, 02 Nov 2008 21:00:00 GMT

Editor's note: Allen Greer will be the speaker at LBCREC's First Friday Breakfast on November 7, 2008. Click here for details. If you thought that enthusiasm had been siphoned out of the commercial real estate brokerage world in the wake of the economic crisis, you wouldn’t have known it if you attended last week’s AIR Broker Networking event. A standing room only gathering of over 100 people turned out at the Pacific Club in Newport Beach to hear an informative, candid and entertaining presentation by Everett (Allen) Greer, Real Estate Risk Assessment Senior Vice President and director of research for Bank of America. Joy De La Cruz, AIR COO, called the event one of the largest attended Networking events ever. Establishing the backdrop for his comments by reporting that nearly a trillion dollars had been lost in the REIT and Commercial Mortgage Backed Securities (CMBS) Markets from 2007-2008,...

David Robertson, expert appraiser, guest speaker at LBCREC's First Friday Breakfast

noemail@lbcrec.com — Thu, 18 Sep 2008 20:00:00 GMT

LONG BEACH—September 19, 2008 – David Robertson, MAI, president of Robertson & Associates, will be the featured speaker at the Long Beach Commercial Real Estate Council’s (LBCREC) First Friday Breakfast on October 3, 2008, at the Grand in Long Beach, CA. Robertson, a Long Beach-based real estate appraiser, specializes in the valuation of fractional ownership interests such as limited liability company (LLCs) member interests, limited partnership (LPs or FLPs) interests, and tenant-in-common (TICs) interests. He is often called to negotiate valuation with the Internal Revenue Service in audited estate and gift tax returns. Mr. Robertson will talk about the current unstable market conditions and their effect on the appraisal process, real estate values, and the availability of bank financing. Attendees will learn more about what brokers can do to ensure an appraisal that will reflect fair market value and comply with federally mandated requirements for banks and other lenders....

RREEF, Newcastle Partners JV on $350M Project in Long Beach, CA

noemail@lbcrec.com — Fri, 08 Aug 2008 08:00:00 GMT

Soft Economy Appears to Be No Impediment for Mammoth Project on Former Boeing Aircraft Land Rendering of the office portion of Douglas Park, one of the largest developments in Long Beach in more than a decade. A San Francisco developer has formed a joint venture with RREEF to acquire nearly 55 acres for a $350 million mixed-use business park on the site of the former Boeing aircraft manufacturing plant in Long Beach, CA. Construction has already started on the first phase of what the developers call a business community slated to include a total of 4 million square feet of commercial space on 261 acres at build out. Newcastle Partners, Inc., a developer of industrial, office and business park properties in California, and RREEF Alternative Investments acquired the land for the first two phases of office, industrial, retail and hotel development called Douglas Park. Phases I and II will total about one million square feet in a...

Breakfast with Mayor Foster August 1st at LBCREC

noemail@lbcrec.com — Wed, 30 Jul 2008 16:00:00 GMT

LONG BEACH—July 30, 2008 – Long Beach Mayor Bob Foster will be the featured speaker at the Long Beach Commercial Real Estate Council’s (LBCREC) First Friday Breakfast on August 1, 2008, at the Grand in Long Beach, CA. Mayor Foster will address the Long Beach commercial real estate industry about his upcoming bond proposal that will be on the November ballot. The Mayor’s tax plan, The Long Beach Infrastructure Reinvestment Act, will bring the city $571 million for infrastructure improvements and must have approval of two-thirds of the voters to pass. The Long Beach Infrastructure Reinvestment Act is designed to repair streets, sidewalks and alleys. It would also provide improvements to public buildings such as fire stations, libraries, and wetlands restoration. LBCREC President Brian C. Russell commented: This is one of the most important issues facing the Long Beach commercial real estate owners and their tenants this year. To hear the Mayor’s message first hand and have the ability...

Schipske Calls for Fiscal Accountability Package

noemail@lbcrec.com — Wed, 23 Jul 2008 17:00:00 GMT

July 22, 2008 - In less than 24 hours from listening to an overflow crowd at the El Dorado Senior Center, Fifth District Councilwoman Gerrie Schipske today called upon the Mayor and the City Council to support a package of fiscal accountability charter reform proposals which would send the message to voters that its local government is serious about fixing its fiscal problems. It was abundantly clear that the residents attending the meeting last night want the City to put into place fiscal accountability measures before we ask them to pay a parcel tax, says Schipske who organized the community meeting so that residents could hear details about the proposed parcel tax and the pending FY 2009 budget. I am putting forth the following fiscal accountability measures that would revise our City Charter and put in place some much needed reforms. I encourage my council colleagues to support these measures and to add others that would help clean up the financial mess this City faces. ...

Greg Kight, RA, LEED AP, Speaker at LBCREC June 6 Breakfast

noemail@lbcrec.com — Fri, 30 May 2008 02:00:00 GMT

LONG BEACH—MAY 30, 2008 - Greg Kight, Project Architect with Jacobs Engineering, will be the featured speaker at the Long Beach Commercial Real Estate Council’s (LBCREC) First Friday Breakfast on, June 6, 2008, at the Grand in Long Beach, CA. With more than 15 years of experience in the field of design, Mr. Greg Kight serves as project architect at Jacobs Engineers, working on LEED Projects. With a passion for integrating sustainability in today's designs, Mr. Kight is LEED accredited (Leadership in Energy and Environmental Design) and is knowledgeable in a variety of alternative project materials and components. Mr. Kight has been a member of the Long Beach Green Ribbon Committee, helping to formulate green building policy for the City of Long Beach. In addition, Greg sits on the Children Today Steering committee as a green consultant for a new facility to be developed in Long Beach. Mr. Kight holds a Master of Architecture from the Southern California Institute of Architecture,...

Message from the President

Thu, 04 Mar 2010 20:55:12 GMT

March 2010 Downtown Long Beach Retail Visioning As you may have noticed on our home page, the Dowtown Long Beach Associates (DLBA) has convened a Retail Visioning Steering Committee to guide strategic planning for the retail growth in the downtown. I have been focused on this matter for a few months now. We have a comprehensive plan that will be presented to the public Thursday, March 4 at 6:00 at the First Congretional Church. Commercial Real Estate Credit Crunch We are still experiencing a big credit crunch in the commercial real estate marketplace. It used to be that our clients could bring 25% cash down payment with decent credit and take down their project. Now, on a good day, it's 40-50% cash down if a number of other variables in-synch. At the risk of sounding self-serving, when commercial properties trade, typically many tradesman are put to work in the flooring, electrical, plumbing construction, etc. That one transaction generates economic activity. No doubt...

LBCREC

Tue, 02 Mar 2010 20:34:47 GMT

UPCOMING EVENTS DLBA Retail Visioning - March 4th Downtown Retail Visioning Meeting March 4 from 6-8PM. The Downtown Long Beach Associates and the redevelopment agency will host the final community meeting of the strategic retail vision for downtown from 6-8 p.m. at the First Congregational Church, 241 Cedar Ave. The retail-visioning project also aims to align the programs involved in retail recruitment, strengthen downtown’s retail environment and clarify the recruitment process. Your LBCREC President Brian Russell is a member of the Retail Visioning Steering Committee and looks forward to your input and attendance. March5, 2010 First Friday Breakfast Meeting Speaker: Blair Cohen, Executive Director Bixby Knolls Improvement Association Friday, March 5th, 2010 - 7:30AM - 9:00AM Same Location - The Grand Conference Center 4101 E. Willow (at Grand Ave.) Long Beach, CA Born and raised in Long Beach and lived in a great neighborhood on the east side that...

LBCREC Board Member George Hicks Earns Broker of the Year at Firm

Fri, 22 Jan 2010 03:00:03 GMT

Long Beach Commercial Real Estate Council President Brian C. Russell congratulates fellow board of directors member George Hicks for receiving top honors in 2009. "It goes to George's two main traits; 1) Integrity and 2) Knowoledge.

His clients obviously see it and so do we at the Long Beach Commercial Real Estate Council. "George is a consumate professional" continues Russell, "he is a welcome addition to our board of professionals involved in the commercial real estate industry.

Congratulations George from all of your friends and colleagues at the Council!

To speak with George Hicks call (310) 539-8300 x211.

George Hicks, CBI, CBB

Sr. Vice President

Business Team Business Sales and Acquisitions

2293 W. 190th Street

Torrance, CA 90504

Events

Tue, 01 Sep 2009 01:00:58 GMT

Pam Summerfelt chairs the Events Team. The team organizes networking events and venues, such as:

First Friday Breakfasts
The Annual Luncheon
LBCREC Holiday Party

Bruce Patterson leads the Speakers Committee. His committee oversees the booking of speakers for the First Friday Breakfasts and special events and coordinates speaker information with the Communications Team.

Joining the Events Team is an excellent opportunity to closely network with the real estate community. If you are interested in joining this dynamic team, contact Pam Summerfelt at (562) 852-8980.

Contact LBCREC

Tue, 01 Sep 2009 00:58:08 GMT

Web Site Chris Barbieri Political Advisory Committee Corporate Governance Brian Russell Memberships, Events, Speakers Pam Summerfelt Corporate Sponsorship Christopher Scott Bank of America Scholarships Randy Jones Finance Committee Randy Jones LBCREC Annual Luncheon ...

Benefits

Tue, 01 Sep 2009 00:40:05 GMT

Online Membership Application LBCREC is a network of professionals with a limitless supply of talent, motivation and spirit that are ready to make it happen. Are you ready? Join LBCREC and: Associate with the heavy hitters - commercial real estate professionals who have real clout in the industry - and work with them toward creating positive change. Take advantage of an array of business and social events to expand business contacts, strengthen relationships and build camaraderie with other successful real estate professionals. Access the industry gurus at LBCREC's monthly meetings, which feature trends in business, real estate and career development. Stay informed about the crucial real estate trends and issues affecting the industry, people and local events, with weekly newsletter email updates. Get to know the organization the easy way—starting with a one-on-one welcome from LBCREC's President Brian Russell. Develop and promote your professional expertise by...

LBCREC Membership Application

Tue, 01 Sep 2009 00:37:41 GMT

Printable Membership Application

Mail completed application and check payable to LBCREC:

Pam Summerfelt

LBCREC Membership Director

International City Escrow

5000 E. Spring Street, Suite 120
Long Beach, CA 90815

(562) 852-8980

If you prefer to pay by credit card rather than check, click here to renew online and pay through our secure server.

Education Team

Tue, 01 Sep 2009 00:12:31 GMT

The Education Team is comprised of the following committees:

Programs
Leadership Development
Educational Outreach
Bank of American Scholarship Foundation

The Education Team is co-chaired by Randy Jones. For more information, contact Randy Jones.

Communications Team

Fri, 10 Jul 2009 04:04:31 GMT

The Communications Team's mission is to articulate the value of LBCREC to its existing and potential membership base through media channels, the newsletter and LBCREC.com. The Communications Team is led by Chris Barbieri and is comprised of the following committees: Website Branding / Advertising Media Newsletter The Website committee is responsible for developing and maintaining LBCREC.com. They also work with the committee liaisons to ensure all LBCREC needs are being met. The committee is chaired by Chris Barbieri and Todd LaPlante. The Media committee is responsible for developing and coordinating LBCREC public relations and exploring press opportunities. The committee chair position is available. Branding/Advertising is responsible for managing the LBCREC brand, including the production of print, advertising collateral, and the creation of print and online ads. The committee chair position is AVAILABLE. The Newsletter committee is responsible for...

LBCREC Newsletter

Wed, 08 Jul 2009 16:59:44 GMT

click here to sign up for our newsletter Join LBCREC discussions on Upcoming Events Guided Tour of North Long Beach by Val Lerch Day: Friday 10-Jul-09 7:30 AM Location: The Grand 4101 E. Willow Long Beach, CA 90815 Register Mapquest | Add to Calendar Back by popular demand, we are presenting the North Long Beach Bus Tour for a reprise. Last year's event was an overwhelming success. Vice Mayor Val Lerch will conduct a guided tour of his 9th District, highlighting areas scheduled for redevelopment and new construction. Breakfast, coffee and orange juice will be served on the bus. The tour bus will depart promptly at 7:45 AM; please meet in front of the Grand at 7:30 AM so that you will have time to sign in and select your breakfast. Seating is limited so pre-registration is highly recommended. Register Now>> 2009 LBCREC Annual Luncheon LBCREC will hold its 2009 Annual Luncheon on Thursday, September 24 at the Westin Hotel in Long...

Mayor Foster's Infrastructure Improvement Plan

noemail@lbcrec.com — Thu, 21 Aug 2008 22:00:00 GMT

Objectives:

Release Date: 21-Aug-08 3:00 PM
Expiration Date: 19-Nov-08 3:00 PM

We would like to know your thoughts on Mayor Foster's Infrastructure Reinvestment Act, the proposed tax to fund infrastructure repairs in Long Beach.

Click here to view the Mayor's Plan.

The survey has multiple choice questions and also allows you to enter your comments on this important issue.

Click on the icon below to take the survey NOW!

Network Meeting Scheduling

noemail@lbcrec.com — Sun, 08 Jun 2008 20:00:00 GMT

Objectives: The LBCREC wants to know if our monthly First Friday Breakfast at 7:30 AM is a good time for you or if there is a time that is more convenient to meet and network. Click on the icon above to take the survey and select the time that will best fit your schedule.

Release Date: 8-Jun-08 1:00 PM
Expiration Date: 6-Sep-08 1:00 PM

Let the LBCREC know if our monthly First Friday Breakfast hour should change or remain the same. Click on the icon to take the survey or send your comments to LindaMartinez@FirstTeamCommercial.com

Michael_Derk_Breakfast_6_5_2009 059

Thu, 11 Mar 2010 19:47:40 GMT