Suzanne Snapper’s Post

Well, the (not so secret) secret is out! In June, I relocated to Dallas with my family to strategically align my location for KellyMitchell Group. San Diego will always have our hearts, and no doubt we will be back there someday in the future. However, the opportunity we see in front of us at KellyMitchell is simply too awesome to pass up. It puts me in the center of the ring for our growth strategy across Texas and the South, and allows me to be within close reach of many of our strategic customers. It’s our intent to build Dallas as our third major hub for KM, alongside Chicago, Saint Louis, and our markets across the Company. With all that said, there was a deeper reason that compelled me to move our family away. Back in 2020, the employees of KellyMitchell received some surprising news. Since our inception, we had always been a privately held organization owned and led by Mark LoCigno and Cassandra Sanford They had successfully built KellyMitchell over the last 25 years into one of the largest and most respected firms in our industry. After years of hard work and sacrifice, they made the decision to do something that so few owners do. They transitioned KellyMitchell into a 100% employee-owned organization, or an ESOP. This is rare air for companies; most entrepreneurs choose a different path. Private equity and acquisition are easier options for them, frankly. For those of you who don’t know, an ESOP is a company where a portion (in our case, 100%) of the ownership is gifted to the employees, who own individual shares of their employer. Think of companies like Publix, which remains my favorite grocery store. Over the last few years, I’ve come to realize that being an owner of an ESOP is very different than being an employee. 99% of staffing firm employees either work for their founders if privately held, or work mostly for strangers if they are public or private equity-backed. That’s not us at KellyMitchell. They say to whom much is given, much is required. In my role, I have been given a lot, and I wanted to do all I could to ensure I am positioned to lead our organization for our shareholders. That’s why we moved. Because at KellyMitchell, we work for each other, and that just hits a little different.

Great news! St James’s Place has revealed its cost-cutting plans, leading to a 20% jump in its shares. This strategic move is aimed at boosting efficiency and delivering more value to our clients. Read the full article in the Financial Times to learn more about our commitment to driving sustainable growth and maximizing returns for our stakeholders. #StJamessPlace #FinancialTimes #CostCuttingPlans https://ift.tt/UPrAp4N

Kicking off another House View with these delightful people, and still one of the best real estate research teams in the world! Ever six months we lock ourselves away to discuss everything real estate. This year we were joined by our new CIO Ulrich von Creytz bringing back insights from his recent tour of our European offices. All coming together over the next 5 or 6 weeks, look out for our new Strategic Outlooks in early December. #realestate #research #DWS

🚨 Chicago State of the Market 2024: Unpacking the Trends & Shaping the Future! 🚨 I had the opportunity to attend Bisnow Chicago State of the Market event, where industry leaders shared insights on the city’s development landscape, including high-impact projects, policy shifts, and the economic factors affecting our market. Here’s why this event was a game-changer for anyone invested in Chicago’s growth: •Top industry voices discussed the state and future of real estate development, touching on complex financial dynamics and trends. •We heard best practices for collaboration across development, design, and construction, inspiring partnerships that drive success. •Critical insights on interest rates and economic headwinds—and how they’re impacting development and expansion efforts in Chicago. •Strategies around sustainable infrastructure and policy frameworks, with a focus on creating equitable growth across all neighborhoods. As we look toward 2025, these conversations are essential to guiding the city’s ongoing transformation and ensuring we build a resilient, inclusive Chicago. #ChicagoDevelopment #RealEstateInsights #BisnowChicago #CityofTheFuture #EconomicTrends Michael Fassnacht Nashunda Jewels Williams Samuel Luckino Scott Sattler Robert Sevim Patrick Kearney Colleen Werner Mike Flanagan

Some great market overviews to come in the next few weeks that shall expand on this Momentum Markets report. For now though, I hope you find this insightful.

Evolving. Transforming. Polarised? Check out our latest M25 & South East research for: 1. A capital markets overview for the year ahead 2. Tips on how to navigate debt markets in 2024 3. An exploration of alternative uses through asset (Re)Positioning 4. A spotlight on innovation-led demand 5. A dive into the Momentum Markets that are embracing market disruption to drive growth Explore our latest insights here: https://bit.ly/3QZeCA1 Darren Mansfield Roddy Abram Simon Rickards Jack Riley Andy Nixon Emma Goodford Henry Wyld MRICS Iain Keys Lisa Attenborough Mark Routledge #M25andSouthEast #NationalOffices #LifeSciences #CapitalMarkets #RealEstate #KnightFrank

How can your organization successfully tackle Multifamily challenges for lasting success? In today's multifamily industry, businesses are grappling with significant challenges, such as rapid technological changes, varying interest rates, and the difficulty of keeping talented employees. To address these complexities, a strong support system is essential. By joining the Multifamily Innovation® Council, you gain access to valuable resources and a supportive community that can help turn these obstacles into opportunities for growth. Our members have seen increases in profitability, improved market reputation, and greater satisfaction among stakeholders, leading to notable improvements in their overall success. Seize this opportunity: https://lnkd.in/gwbW5DQ3 #WeAreMultifamily #MultifamilyLeadership #MultifamilyInnovationCouncil

⚡ ⚡As CREW New York Programs Chair, I just got off a speaker's prep call with Sam Chandan and Annemarie Germano DiCola and am even more excited for our upcoming CREW New York luncheon, "Navigating the Headwinds to the Economy and Commercial Real Estate," on February 6, 2024. ⚡⚡ Sam and Annemarie will be covering five critical topics on how we adapt and navigate the changes in a new economy: ✔ Mortgage Maturities - Especially Office: Delving into the looming deadlines and their implications for the office sector. ✔Interest Rates: Understanding the current trends and forecasting their impact on real estate. ✔Lending Activity: Analyzing the shifts in lending patterns and what they mean for investors and developers. ✔New Dynamics in Multifamily & Retail: Exploring the evolving landscapes of multifamily housing and retail spaces. ✔Finding Opportunity in the Change: Identifying and leveraging opportunities in this shifting economic environment. This luncheon will explore these critical issues, offering valuable perspectives for navigating today's complex real estate market. Take advantage of this opportunity to gain from our distinguished speakers' expertise and network with fellow industry professionals. Date: February 6, 2024 Time: 11:30 AM to 1:00 PM Location: Club 101, 101 Park Avenue @ 39th Street Register now to secure your spot: https://bit.ly/3SAa7Nx I am looking forward to seeing you there and diving into these discussions together! Trepp, Inc. NYU Stern School of Business CREW Network #CREWNY #RealEstate #EconomicInsights #NetworkingEvent #CommercialRealEstate #cre

"Discover the Top People and Companies in Chicago and the Midwest on February 23, 2024" Read the full article below..