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What's New!Dear NAIOP Members and Prospective Members:
I would like to take this opportunity to remind you that NAIOP recognizes the extraordinary challenges that you are facing in today's uncertain markets. Slowly thawing capital and credit sources, a turbulent global economy, and the decline in transactions and employment have significantly affected our industry. While these areas are beginning to show signs of improvement, recovery to a more normalized environment is still a few years away, at least. In tough economic times, members need NAIOP more than ever. Recently, NAIOP launched its Four-Point Promise to its members, a pledge that captures the specific steps NAIOP will take in 2010 to protect your interests, provide solutions and keep you in-touch—all with the goal of sustaining your businesses and returning the health of the industry. As a chapter, we stand behind that promise to deliver services, information and member value to you. Here are the steps we'll take to support you in 2010 and beyond: 1. Seek Solutions to the Credit and Capital Crisis NAIOP maintains a commercial credit and capital advisory board of experts to interpret trends and advise members on strategies for accessing capital. In addition, NAIOP's government affairs team will continue to work for public policy solutions that increase capital sources, create jobs and assist commercial real estate in its recovery. At the chapter level, our programs offer insight into the capital markets sector so you stay informed on up-to-the-minute developments in the changing market. 2. Provide Critical Education and Information NAIOP has expanded its array and delivery method of industry education to include online courses and webinars, chapter-delivered programs and traditional, live courses and conferences. NAIOP will continue its popular online "Solutions Series" briefings that offer real-time viewpoints and practical strategies about industry trends, opportunities and strategies. In addition, our members-only Real Estate Insider lunches provide information from experts in a one-on-one setting, and offer insights not found anywhere else. 3. Identify Innovation and Trends that Yield Opportunity NAIOP will share news on innovation, positive trends and key strategies that will advance the industry via member communications and the NAIOP website. The NAIOP Research Foundation will continue to produce forward-looking studies and vital reports that identify future development opportunities, assess employment trends and reveal the vital role commercial real estate plays in the economy. 4. Protect the NAIOP Member Advantage NAIOP is offering complimentary membership to long-standing NAIOP members who become unemployed, while they are seeking employment within the industry. Additionally, NAIOP will dedicate resources to support Developing Leader members (members age 35 and younger) and strengthen the chapter structure so that members are afforded local networking and education opportunities. Thanks for your involvement in NAIOP and if you are not yet a member, your interest in this vibrant organization which is
at the forefront of Bay Area commercial real estate. Please do not hesitate to contact me (twilson@broadreachcp.com) or
Lisa Brown, NAIOP executive director, if either of us can be of any assistance.
NAIOP Honors Local Chapters with Annual Chapter Merit Awards and Bestows 25 Chapters with Special Recognition HERNDON, Va., — NAIOP, the Commercial Real Estate Development Association, honored several NAIOP chapters for their outstanding achievements during its annual Chapter Merit Awards ceremony, held in Washington, D.C., on February 2. Nearly 120 nominations were received by NAIOP for chapters in the small, medium and large division category, as well as recommendations for chapter of the year and outstanding performance by a volunteer, chapter executive and chapter president. "NAIOP has a long tradition of honoring its chapters, and this year's event was no exception," said Thomas J. Bisacquino, NAIOP president. "Every nomination this year was excellent, and our volunteer panel of judges were challenged to narrow down the award winners. On behalf of the association, I congratulate each and every nominee, and offer special recognition to the 25 chapters who were honored during our celebration." The following is a list of Chapter Merit Awards given to the NAIOP San Francisco Chapter: 2. Provide Critical Education and Information NAIOP has expanded its array and delivery method of industry education to include online courses and webinars, chapter-delivered programs and traditional, live courses and conferences. NAIOP will continue its popular online "Solutions Series" briefings that offer real-time viewpoints and practical strategies about industry trends, opportunities and strategies. In addition, our members-only Real Estate Insider lunches provide information from experts in a one-on-one setting, and offer insights not found anywhere else. Branding Special Events Technology The Chapter Merit Awards are a traditional highlight of the association's Chapter Leadership and Legislative Retreat (CL&LR), which brings together more than 265 chapter leaders and executives representing NAIOP's 56 chapters throughout the United States and Canada. This annual gathering provides exceptional education sessions and the opportunity to network with chapter leaders from across the country. The educational sessions are broken down into concurrent sessions focusing on the specific chapter roles of each attendee. This year's sessions focused on leadership, management, membership and government affairs. Mark Mengelberg and Lisa Brown from the San Francisco Chapter met with staff from Senators Boxer and Feinstein's offices on Capitol Hill Day, held during CL&LR on February 3. During meetings, members were able to advocate on behalf of the commercial real estate industry and help advance important elements of NAIOP's 2010 government affairs agenda. The meetings came at a critical time, with tax provisions important to the industry, such as 15-year qualified leasehold improvement depreciation and brownfields expensing, having expired at the end of 2009, and additional federal action in the area of commercial real estate credit and markets clearly needed to deal with oncoming waves of maturing commercial debt that will need to be refinanced. NAIOP members also engaged policymakers on energy efficiency in commercial buildings, and the need for increased investment in the nation's infrastructure. The importance of avoiding damaging tax increases on our industry, such as increases on "carried" or "promoted" interests on real estate partnerships, was also a major topic of discussion with federal elected officials. About NAIOP Click here for recent news about the NAIOP San Francisco Bay Area Chapter.
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