18A — April 2023 — M id A tlantic Real Estate Journal
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M id A tlantic R eal E state J ournal
Network is comprised of privately held CRE firms CORFAC congratulates 2022 COR$TAR award winners
Welcome to The Professor’s Comedy Corner. This is the fourth in a series of humorous stories and jokes written by Professor Ron Shaw exclusively for the Mid-Atlantic Real Estate Journal . My granddaughter, Sarah, is in 1st grade in Mrs. Freedman’s class. One day, Mrs. Freedman asked Sarah if she knew her numbers. “Yes,” replied Sarah. “My grandfather taught me.” “Great. What comes after 3?” asks the teacher. “Four.” answers the young student. “What comes after 6?” asks Mrs. Freedman. “Seven.” responds Sarah. “Very good” says Mrs. Freedman. “Your grandfather did a great job.” “What comes after 10”? asks the teacher. Sarah replies, “A jack.” Professor Ron Shaw is a former corporate banker and university professor. He writes and performs comedy at corporate and university events such as conferences and seminars, training sessions, trade shows and industry programs, corporate retreats and outings, sales meetings and team building workshops. You can contact the Professor via email at: rms1023@ aol.com MAREJ The Professor’s Comedy Corner Neuman Commercial Group named 2022 Top Sales Firm Power Broker
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CORFAC International in St. Louis, MS, on a 200,000 s/f retail listing in Louisville, Kentucky, that evolved to in - clude the procurement of an additional 1-acre corner parcel. Largest Investment Referral - Dollar Value & SF Jeff Eichhorn of Henkle Schueler & Associates/COR - FAC International in Cincin - nati, OH, collaborated with David Boyd of Boyd Com- mercial/CORFAC Interna- tional in Houston, TX, on an investment land transaction in Houston, TX. Individual Member with the Most Referrals Bryan Wirt , senior director of retail at TRI Commercial/ CORFAC International in Sacramento, referred three transactions in the network last year. Firm with the Most Referrals Congratulations to the en - tire team at TRI Commercial/ CORFAC International for referring five transactions to other members in the network last year. About CORFAC Interna - tional: CORFAC International is a global network comprised of privately held entrepre - neurial commercial real estate firms with expertise in office, industrial and retail broker - age, tenant and landlord rep - resentation, investment sales, multifamily, self-storage, ac - quisitions and dispositions, property management and corporate services. MAREJ by BauerFinancial, Inc. Since 1983, BauerFinancial has relied upon this data in its judgment and in rendering its opinion (e.g. determination of star ratings). BauerFinancial, Inc. is not a financial advisor; it is an independent bank research firm. No institution can pay for or opt out of a BauerFinancial rating. Unity’s Board of Directors recently declared a cash divi - dend of $0.12 per common share. Such dividend is pay - able on March 24, 2023, to shareholders of record as of March 10, 2023. This repre - sents an 9% increase from the $0.11 dividend per com - mon share paid in the prior quarter, and a 20% increase from the $0.10 dividend per common share paid in March 2022. MAREJ
ORFAC Internation- al congratulates the winners of the 2022 COR$TAR Awards, which recognize member firms and individuals for their in-net - work referral transactions. The awards were announced during CORFAC’s 2023 Spring Conference in Orlando, FL, in early March. The COR$TAR Awards recognize the largest member-to-member referral transactions for both volume and square footage as well as the broker and firm with the most referrals the prior year. “Congratulations to all COR$TAR Award recipients and to everyone who collaborat - ed on transactions last year,” said 2023 CORFAC president Hayim Mizrachi, CCIM , principal of MDL Group/ CORFAC International . “These member-to-member transactions highlight the value of our affiliation with the CORFAC network. Our global platform provides the opportunity to do cross-market business for our clients. It’s my honor to recognize these mem - bers for thinking CORFAC first and using the network to its potential,” Mizrachi added. The 2022 COR$TAR Award winners include: Largest Industrial Referral - Dollar Value and SF David, James and Micah Stubblebine of The Stub- blebine Company/CORFAC International in Lexington, MA, collaborated with Kevin CLINTON, NJ — Unity Bank has earned the Top (5-Star) Rating for financial strength and stability from BauerFinancial, Inc. , one of the nation’s premier bank rating firms. BauerFinancial rates every federally-insured U.S. chartered bank with the same strict standards, and is pleased to report that Unity Bank continues to outperform its peers. “The 5-Star Rating by Bau - erFinancial indicates that Unity Bank excels in many different areas, including available capital, profitability and asset quality,” said Unity Bank President & CEO James A. Hughes. “The rating places Unity Bank in the top tier of financial institutions in the United States. We are hon - ored by the ranking and are
Joseph of Weber Wood Medinger/CORFAC Inter- national in Cleveland, Ohio on an industrial lease val - ued at $33.1 million totaling 308,779 s/f for metal manu - facturing company The Boston Group’s corporate relocation to Ravenna, OH. Largest Retail Referral - Dollar Value Mike Sotelo of TRI Com- mercial/CORFAC Inter- national in Sacramento, CA, collaborated with Phill Tomlinson of Commercial Properties Inc./CORFAC International in Scottsdale, AZ, on a $16.4 million sale of a retail property located in Phoenix, AZ. Largest Retail Referral - SF Suzanne Cheek, Will Dun- can, and Todd Whitchurch of Duncan Commercial Real Estate/CORFAC In- ternational in Louisville, KY, collaborated with Dan Dokovic of Intelica CRE/ committed to providing the highest level of service.” Established in 1991, Unity Bank has been a dedicated banking partner for the com - munity for 32 years. Making connections and supporting this community has been its hallmark since its incep - tion. Being rated 5-Stars by Bauer, the best, most trusted and most convenient place to go for a validated, statistical review of your bank’s finan - cial strength, is the fruit of its labor. Bank and Credit Union data compiled from financial data for the period noted, as reported to federal regulators. The financial data obtained from these sources is consis - tently reliable, although the accuracy and completeness of the data cannot be guaranteed 2023 CORFAC president Hayim Mizrachi, CCIM, principal of MDL Group/CORFAC Int’l. with James Stubblebine of The Stub- blebine Co./CORFAC Int’l.
mercial real estate brokerages in a respective market. This is the third time in the com - pany’s six-year history that Neuman Commercial Group is recognized as a Top Sales Firm Power Broker winner. Contrary to market trends, all the boutique firm’s 2022 transactions closed during the third and fourth quarter, after the Federal Reserve raised interest rates. MAREJ
BETHESDA, MD — Neu- man Commercial Group LLC , a Mid-Atlantic retail center and commercial in - vestment sales firm, has been named a Top Sales Firm 2022 Power Broker winner by Co- Star Group , the leading pro - vider of commercial real estate information and analytics. The award for highest annual transaction volume is mea - sured against all active com -
GREYHAWK names industry veteran Barba as independent board director
method scheduling, and claims avoidance and dispute resolu - tion. He has directed hundreds of assignments across a range of infrastructure, power, com - mercial, environmental, tran - sit, healthcare, hospitality, and industrial projects, as well as developments and acquisitions. Reacting to the appointment, Barba said, “I am pleased to be associated with GREYHAWK, a nationally recognized con - struction consulting firm, and I am looking forward to working with the GREYHAWK profes - sionals and to utilizing my years of industry experience to accelerate their growth to the benefit of their ESOP owners.” Barba currently serves as CEO of Philadelphia-based Barba Consulting, LLC. He previously worked as vice president with Hill Interna - tional, Inc., before starting his own firm in 1983. MAREJ
Unity Bank earns top, 5-star rating from BauerFinancial
MOUNT LAUREL, NJ — GREYHAWK , an award- winning construction man - agement and consulting firm, has named industry veteran Evans M. Barba, PE, PSP, CFCC , as the company’s new - est independent board director. Barba joins four others on the GREYHAWK board of direc - tors; board members represent employee and outside perspec - tives. “Barba brings decades of experience in construction con - sulting and advisory services, as well as keen entrepreneur - ial skills, to guide and pro - mote GREYHAWK’s growth,” said GREYHAWK chairman, Charles F. Boland, PE. Barba has over 40 years of executive level industry expe - rience in engineering design, construction program and project management, contract administration, critical path
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