Greek Real Estate Partners’ Post

Come check out the event and get your copy of this year's Annual Real Estate Magazine with excellent reporting from Kathy Bolten, Michael Crumb and Mathany Ahmed!

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One of my big take-aways from this morning's The Right Place, Inc. Investor Exchange event: we need to always remember that development dollars are mobile. Real estate investors (aka potential backers of local development projects) have the whole country (as well as international opportunities) at their disposal. The funding necessary to make a much-needed housing project viable in Greater Grand Rapids could just as easily be deployed in Florida, Texas or North Carolina if the financial returns are more attractive there. Just because a project "can pencil" here, doesn't mean it can move forward without help to attract this crucial funding. Especially now with traditional financing as expensive as it is. It was certainly a beautiful morning for about 200 of our closest West Michigan friends at Frederik Meijer Gardens & Sculpture Park. With a focus on regional development opportunities and trends, we heard from Randy Thelen why and how PLACE MATTERS 😁 in our communities, the many place-focused initiatives we're leading as an organization along with many collaborators, and highlighted our above-target progress on our strategic metrics. Brad Thomas of Progressive AE - our event sponsor - further emphasized place as an essential component of prosperity across our many sectors of West Michigan, and made an exciting announcement about his firm's branding and presence! The highlight of the morning was a candid, deep-dive panel discussion with Ben Smith of Heritage Development, Rachel Michaud of The Gillespie Group and Ryan Talbot of Talbot Development about the opportunities and challenges in the real estate development ecosystem in our area. While there's a lot of reason for optimism and tons of positive momentum, there are still headwinds out there to be sure. Huge thanks for their insights this morning, and investments in our region! Kudos to my big boss-man Tim Mroz for his expert moderation and setting the stage for discussion! Lots of fantastic connections, conversations and introductions made, which is a major value-add of these events. #placematters #greatergrandrapids #westmichigan #communitydevelopment #realestateinvestment #collaboration

The #hospitality and #retail market in #SouthFlorida is thriving. Increased development and investment in these sectors have positioned the market to be a top-tier opportunity for both domestic and international investors. For Commercial Observer's South Florida Multifamily & Mixed-Use Forum 'Hospitality & Retail: What Disruption and Innovation is Impacting the Market?' Panel — Nicholas Falcone (Rentyl Resorts), Benjamin Mandell (Tricera Capital), Jessica Goldman Srebnick (Goldman Properties), Cassie Resnick (Mast Capital) and Max Gross (Commercial Observer) discussed the latest developments in the region, the changing landscape and the impact of population on the market. According to Resnick, "We are creating new opportunities — South Florida remains strong and I think there is a lot of value in the land here." 📸 : Commercial Observer #CommercialRealEstate #COSouthFlorida

Urban Land Institute‘s national advisory service panel came to stl with a powerhouse team of international and local experts to talk about downtown and the future of the Gareway Mall. See the report below for the full report. Exciting things to come in stl!

A global hub, a sister city, and a “big city with a small-town feel,” Chicago’s essence remains unshakable. The 6-time champions city. The ‘85 Bears city. The 2005 World Series Champs city. The city that broke a century-old curse. The Stanley Cup city. 4-time MLS Champs town. The WNBA champions city. Chicago is a city of champions with a winning mentality. How do we sustain that mentality? How do we continue to succeed? We succeed by uniting to focus on what truly matters to our residents and by making Chicago a city people aspire to call home. Whether they come from another city, state, or country, Chicago should continue to be a beacon for those striving to build a better life for themselves and their families. With its abundant fresh water, vibrant air and rail system, remarkable architecture, rich art and culture, and ample green spaces, Chicago’s strengths far outweigh its challenges. Yet, our challenges offer us a unique opportunity to come together and find solutions. How can we do it? By focusing on fixing the fundamentals. Link in comments. 👇

Exciting news! Attending a CCIM event on the vital connection between Economic Development Corporations (EDCs) and Commercial Real Estate. Joining a panel discussion to explore synergies for community growth and real estate success. Can't wait to gain expert insights and collaborative strategies for shaping market dynamics and building prosperous communities from some of our top leaders. I hope to see you there! #CCIMEvent #TIBuilders #RealEstateSynergy #CommunityGrowth

In 2013, the Georgetown BID brought together a diverse group of Georgetown merchants, property owners, ANC members, restaurateurs, office tenants, architects, BID Board members, community leaders, and engaged citizens. The goal? To collaborate on enhancing the Georgetown experience for visitors, residents, business owners, and employees. After over 100 hours of meetings and input from 200+ members of our community, we developed a consensus plan with 76 recommendations to tackle key issues—ranging from transportation challenges to public space improvements, reducing office vacancies, and attracting unique shops and restaurants. This effort gave rise to the Georgetown 2028 15-Year Action Plan. By 2021, we completed or made significant progress on 67 of the 76 action items. Since then, we have adapted to changing priorities in a post-pandemic world, continuing to refine efforts to support our neighborhood’s evolving needs. Take a look at some of our progress below! https://bit.ly/4d9aENG

Celebrating Pi Day with Precision: A Slice of Atlanta's Real Estate Market As we embrace the spirit of Pi Day this March 14th, it’s not just a celebration of the infinite and intriguing mathematical constant π, but also a moment to reflect on the precision and endless possibilities within the Atlanta real estate market. Just as π is a fundamental constant in mathematics, foundational principles of diligence, foresight, and innovation are constants in real estate. At Sovereign Realty & Management, we recognize the value of precision and detail in our work. Whether it's in the calculation of investment returns, the assessment of property values, or the strategic planning of development projects, our approach mirrors the precision π embodies. This Pi Day, let's explore the infinite opportunities within Atlanta's real estate landscape. From bustling urban developments to serene suburban retreats, the diversity and dynamism of this market are boundless. Like π, the possibilities in real estate are infinite, and with the right approach, the outcomes can be just as sweet as pie. Join us in celebrating the mathematics of real estate this Pi Day. Let's delve into the Atlanta market with the precision, passion, and perseverance that π inspires in all of us. #PiDay #RealEstate #Atlanta #SovereignRM #PrecisionInRealEstate #Atlrealestate #Atlantarealestate 

See you in Houston? I’ll be giving a talk on how manufacturers can leverage product sourcing platforms to drive spec activity, and how the specification community can best leverage ARCAT’s library of over 1000 manufacturers’ proprietary CSI 3-part Guide Specifications when they’re writing “Basis of Design” specs. Yes, for the most part, I’ll be “singing to the choir,” just as I have these past four years of doing this. Truly, hope to see you there. It is a great group of people, many of whom I now count as friends of mine. However, if you can’t make the event, and want to hear the “song,” just let me know. I take requests. 😁 Love ARCAT’s place in this space, of bridging the gap between manufacturers and the design professionals who depend upon ARCAT for access to their product info. Free. Comprehensive. No registration. No doxing. And no exploitation of our users’ privacy. Just a clear path to the specification for the specifier, and ultimately a clear path to the commercial sale for the manufacturer client. #csi #specifiers #aia #architects #arcat #productsourcingplatform #bestinclass #detailedpodcast