1-27-17

8C — January 27 - February 9, 2017 — 2017 Forecast — M id A tlantic

Real Estate Journal

www.marejournal.com

B rokerage

By Robert Holland, The Kislak Company, Inc. Understanding the past can power reliable forecasts

casts are of- ten revealed through as- tute reflec- tion. As we look back at the record- breaking suc- cess of 2016, we know it is W

election and impacting the ag- gressive prices we have been seeing. The volatility in the

booms to bursting bubbles, and successfully weathered them all. Multifamily is still the strongest real estate market and a wonderful investment. More and more people are renting – from millennials to baby boomers. Tight mort- gage lending contributes to that, but many people of all ages are renting by choice for the freedom and flexibility it brings. As a result, multifam- ily continues to be one of the safest investments and there is still very strong demand. As we see interest rates rise and the bid/ask gap widen, our

jobs become that much more important. We are the eyes and ears of our clients, and we make it a priority to keep them informed about the mar- ket and the opportunities. We must be ready to explain and interpret market conditions accurately for buyers and sell- ers, with the goal of making a deal that satisfies everyone. In these circumstances, the Kislak team truly shines, and the work ethic established in 1906 proves to be as important and effective as ever. The organization is still firmly committed to achieving suc- cess by building long-lasting relationships and delivering unparalled customer ser- vice. And, in keeping with tradition, every member of today’s dynamic Kislak team approaches each deal with a combination of expertise, energy and dedication. To re- main a market leader for more than a century, you have to make the most of every chal- lenge and opportunity, and help clients do the same. Our dynamic group of real estate professionals is a calm- ing force in volatile times and always up for a challenge. From savvy veterans to rising stars, each one is ready to go the extra mile to get the deal closed. To complement our investment sales business, we are continuing to expand our commercial sales and leasing division. Our team’s special- ties include office/industrial sales and leasing and retail leasing/tenant representa- tion work on a regional basis. All of our sales and leasing professionals are backed by an administrative support team focused on helping them obtain exclusives and make deals. At Kislak, we never give up. No matter what the hur- dle, we find a way around, over or through it. Our 2017 forecast calls for continued tenacity and uninterrupted achievement. Robert Holland joined Kislak in 1984 and became president in 2012. Consis- tently, among the lead- ing brokers of apartment buildings in central and eastern Pennsylvania, Hol- land is one of Kislak’s all- time leading salespeople with sales totaling more than $3 billion. More in- formation about Kislak is available at www.kislak- realty.com. n

e may not have a crystal ball, but we know reliable fore-

of New Jersey, eastern Penn- sylvania, southern New York and Delaware, with a total of

“We must be ready to explain and interpret market conditions accurately for buyers and sellers, with the goal of making a deal that satisfies everyone.”

market and the uncertainty that accompanies a newWhite House administration require constant vigilance. Our team is well-prepared for the chal- lenge. In its 111 years, Kislak has experienced myriad mar- ket conditions, from bustling

143 closed transactions. While we celebrate those accomplishments, we are wise enough to know we cannot simply assume 2017 will bring more of the same. Although still historically low, inter- est rates are rising since the

Robert Holland

rooted in years of hard work and keen understanding of the business climate, our market, and most importantly, our clients. It was a great year for Kislak in our primary markets

Commercial Real Estate Brokerage

Long Branch, New Jersey 63 Residential Units Daniel Lanni ext 248

Harrisburg, Pennsylvania 160 Townhomes Robert Holland ext 285

Bucks County, Pennsylvania 180 Residential Units Robert Holland ext 285 Justin Lupo ext 225

Lacey, New Jersey 96,000 SF Retail plus Land Scott Davidovic ext 290 Michael Kossak ext 240 Investment Sales Commercial Sales and Leasing Mansfield, Pennsylvania Student Housing Robert Holland ext 285 Justin Lupo ext 225 Philadelphia, Pennsylvania 22 Residential Units Anthony Palmiotto ext 357

www.kislakrealty.com 732 750 3000

The Kislak Company, Inc.

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