2A — May 27 - June 9, 2016 — M id A tlantic
Real Estate Journal
www.marejournal.com
American Architectural Window & Door.................1B Arrow Steel..............................................................13B AW Meyer. ...............................................................17A Behr Building Services.......................................... IC-B Bennett Williams.....................................................11A Brasler Properties. ..................................................23C Capitol Aerials...........................................................2B Capstan Tax Strategies...........................................15A CenterPoint Properties. ............................................1C Crystal Window & Door Systems.............................6B Denholtz Associates.................................................12C Earth Engineering, Inc.. ...........................................9A E.B. Cohen.................................................................8B Elliott-Lewis. .............................................................3B Environmental Systems..........................................17A Fowler Companies...................................................18B Garden State Industrial............................................4C Gerard Construction Corp.. ......................................8A Goodman Birtcher...................................................13C Greater Reading Economic Partnership................21C Harvey Hanna & Associates...................................17C Heidenberg Properties. ......................................... 4-5A Heller Industrial Parks...........................................24C Hillcrest Paving & Excavating...............................17A Holt Construction....................................................16C Houlihan-Parnes Realtors. .......................................1A Hutchinson Mechanical Services............................12B IBS..............................................................................5B Investors Real Estate Agency.................................17A IREM.................................................................. 17-18B Kay Commercial Realty. .........................................17A Landmark Commercial Realty. ................................3C Lee & Associates......................................................25C M. Miller & Son.........................................................9B Marcus & Millichap......................................17A, BC-A Max Spann...............................................................14A Meridian Capital Group..........................................13A Merritt Properties. ....................................................2C NAI CIR. ....................................................................6C NAI Dileo-Bram.......................................................11C NAI Emory Hill. ........................................................8C NAI James E. Hanson.............................................10C NAI Keystone.............................................................9C NAI Summit...................................................... 17A, 7C NorthMarq Capital..................................................15A P. Cooper Roofing. ................................................ BC-B Premier Compaction Systems.................................14B Pfister Roofing. ........................................................12A Poskanzer Skott Architects.......................................4B RD Management.................................................... 6-7A RED Marketing Communications..........................15A Schmidt Construction & Consulting. .....................12B Sitex Group/JLL......................................................14C Sorce...................................................................... BC-C Stout & Caldwell. ....................................................10B Subway.....................................................................11A Total Cleaning Associates Ltd..................................2B Tulfra Real Estate...................................................15C USGBC.....................................................................15B Whitesell.................................................................IC- C MAREJ A dvertisers D irectory
M id A tlantic Real Estate Journal
M id A tlantic R eal E state J ournal Publisher .................................................................Linda Christman Publisher ....................................................................Joe Christman Senior Editor/Graphic Artist ..................................... Karen Vachon Production Assistant/Graphic Artist ............................... Julie King Associate Publisher ................................................. Alissa Aronson Associate Publisher ...................................................Eric Ballenger Associate Publisher .............................................. Barbara Holyoke Associate Publisher .....................................................Steve Kelley Office Manager .........................................................Joanne Gavaza Mid Atlantic R eal E state J ournal ~ Published Semi-Monthly Periodicals postage paid at Rockland, Massachusetts and additional mailing offices Postmaster send address change to: Mid Atlantic Real Estate Journal, 312 Market St. Rockand, MA 02370 USPS #22-358 | Vol. 28 Issue 10 Subscription rates: $99 - one year, $198 - two years, $4 - single copy REPORT AN ERROR IMMEDIATELY MARE Journal will not be responsible for more than one incorrect insertion Toll-Free: (800) 584-1062 | MA: (781) 871-5298 | Fax: (781) 871-5299 www.marejournal.com The views expressed by contributing columnists are not necessarily representative of the Mid Atlantic Real Estate Journal
John G. Udell
Create your dream career as a commercial real estate broker
M
ORRIS PLAINS, NJ — Contrary to a common belief held
by many, entering the cov- eted industry of real estate is not limited to residential brokerage. In fact, according to Weichert Commercial Brokerage , becoming a com- mercial real estate broker of- fers beneficial opportunities to pursue a successful career that one can build upon. For people seeking a real estate license or considering a change in career within the field, Weichert Commercial encourages these future or current agents to evaluate the benefits and opportunities of both residential and commer- cial real estate, as there are a few differences to explore. The main difference is in the re- lationships one builds within the industry. As opposed to residential real estate, which is home-centric, commercial real estate brokers with the proper training can work with high-income buyers who either run companies or are looking for retail, office, industrial or investment properties. These
relationships are long-term and can result in leveraging multiple business opportuni- ties over time. In addition to being im- mediately positioned in the high-level corporate business arena of real estate, commer- cial brokers with Weichert Commercial also have the benefit of being provided the highest number of leads of any other commercial real estate company, including existing relationships with many companies among the Fortune 1000. “Our goal as a full-service commercial brokerage compa- ny is to create deeper connec- tions with our customers and
vendors that last a lifetime,” said John Udell , president of Weichert Commercial Broker- age, Inc. “Becoming a broker in the commercial industry allows one to leverage their interpersonal skills on a whole new level to create high-end earning potential through new and existing relationships. We take pride in sharing that op- portunity with our team here at Weichert.” Thinking about kick-start- ing your career in real estate as a commercial real estate broker? Visit www.weichert- commercial.com, or call (973) 267-7778 to find out more about a career in commercial real estate. n
Meridian Capital Group arranges $1 million in bridge financing for a land parcel in NJ
LONG BRANCH, NJ — Meridian Capital Group , arranged $1 million in bridge
financing for a land par- cel located in Long Branch. T h e 1 2 - m o n t h l o a n w a s provided by Sharestates , a real estate
David Oheb
crowdfunding platform backed by institutional capital, and features interest-only payments for the full term. This transac- tion was negotiated byMeridian associate, David Oheb , who is based in the company’s New York City headquarters. The 119,400 s/f vacant lot is located at 888 Ocean Ave. just one block from the Atlantic Ocean in the Elberon neighbor- hood of Long Branch. Elberon began as a beach resort com- munity in the late eighteenth century and developed a repu-
888 Ocean Ave.
tation as the “Hollywood” of the East in the nineteenth century. Today it remains an upscale residential beachside neighbor- hood located within 90 minutes of New York City. “We are thrilled at the op- portunity to work closely with David Oheb, and a top-tier firm like Meridian, said Allen Shayanfekr , CEO of Shares- tates. “Our team at Sharestates couldn’t be happier with the ease and fluidity of our transac-
tion together—the first of many. We look forward to making our platform the go-to solution for creative projects that Merid- ian originates and structures with our underwriting team,” he added. “Meridian successfully met the client’s accelerated dead- line of just one week due to tremendous teamwork between the client, Meridian and the lending team at Sharestates.” said Oheb. n
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