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Executive Insight Series

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Real Estate Executive Insight Speaker Series Bob Lux – Inside the Mind of A Developer

 

Real Estate Executive Insight Series

Bob Lux – Inside the Mind of A Developer 

Event Details Tuesday, March 28th 2017 5:30 p.m. University of St. Thomas, Minneapolis Campus Schulze Hall, Room 127

A candid conversation with industry leader Bob Lux, Founder Alatus LLC

Quality real estate development requires innovative thinking. Bob Lux, founder of Alatus LLC, has been in the real estate development and investment business for over 30 years. His company’s mission is to provide innovative solutions and high quality projects by wisely using his team’s talents and strengths to achieve the client’s vision and form a better community.   Lux will discuss the challenges, opportunities and trends in developing residential and commercial real estate in the Twin Cities. Lux will also share his views on the condo market and as the largest private owner of parking facilities in Minnesota Bob will outline his expectations for future parking and infrastructure needs in the downtown area.

Agenda 5:30-6 p.m. Networking 6-7 p.m. Presentation by Bob Lux

Register Today
 
Commercial Real Estate, Development, Executive Insight Series, Investment Real Estate, Office Real Estate, Real Estate Brokerage, Upcoming UST Events

Spring 2014 Real Estate Executive Insights Speakers Announced

The Real Estate Executive Insight Series invites speakers from the real estate industry to provide valuable information and discussion about hot topics and current trends. This is a free program and is open to the public. Attendees who are interested in the MS Degree in Real Estate program are encouraged to participate in an optional class visit following the speaking presentation. Registration is required.

Schedule of Events
5:30  – 6:00 p.m.: Registration and networking reception
6 – 7:00 p.m.: Speaker presentation
7 – 9:00 p.m.: Optional class visit

Cost: Free

 

Wednesday, March 5
Commercial Real Estate Investment and Ownership
Speaker: Will Hoeg, Falcon Ridge Partners

Will Hoeg, Falcon Ridge Partners

Will Hoeg, Falcon Ridge Partners

Real estate investment involves a substantial amount of risk. Will Hoeg of Falcon Ridge Partners will discuss the challenges and opportunities of investing in and owning commercial real estate. Hoeg will also discuss how to create partnerships for the purpose of making successful real estate investments.

Falcon Ridge Partners, LLC is a commercial real estate acquisition, investment and asset management company. Projects include data centers, complete campus renovations, confidential startup growth incubators, notable towers, building repositioning, and overall corporate campus redevelopment. Total investment value has exceeded $1.2 billion with primary concentration in Minnesota and Silicon Valley.

This program has been submitted for one hour of real estate agent/broker continuing education credit through the Minnesota Department of Commerce.

 

Wednesday, April 23
Retail & Office Development/Asset Management
Speaker: Tim Murnane, Opus Holdings, LLC.

Tim Murnane, Opus Holdings, LLC.

Tim Murnane, Opus Holdings, LLC.

Tim Murnane has been a leader in the commercial real estate market in the Twin Cities for many years. He will discuss where he thinks the opportunities are for Opus Holdings and for the market in general as the commercial real estate climate continues to improve.

The Real Estate Executive Insights Series is presented by the Opus College of Business MSRE program. This series invites speakers from the real estate industry to provide valuable information and discussion about hot topics and current trends. This is a free program and is open to the public.

This program has been submitted for one hour of real estate agent/broker continuing education credit through the Minnesota Department of Commerce.

Commercial Real Estate, Development, Executive Insight Series, Office Real Estate, Retail Real Estate, Twin Cities Real Estate, Uncategorized, Upcoming UST Events

Fall 2013 Real Estate Executive Insights Speakers Announced

The Real Estate Executive Insight Series invites speakers from the real estate industry to provide valuable information and discussion about hot topics and current trends. This is a free program and is open to the public. Attendees who are interested in the MS Degree in Real Estate program are encouraged to participate in an optional class visit following the speaking presentation. Registration is required.

Schedule of Events

5:15  – 6:00 p.m.: Registration and networking reception
6 – 7:00 p.m.: Speaker presentation
7 – 9:00 p.m.: Optional class visit

Cost: Free

Speaker_JimStolpstad

Jim Stoplestad, Exeter Realty

Tuesday, October 15
St. Paul Post Office Apartment Conversion Project
Speaker: Jim Stolpestad, Exeter Realty

Jim Stolpestad of Exeter Realty Company will discuss the St. Paul Post Office apartment conversion project, the history of the project’s development and its progress. The 17-story central post office building is located on Kellogg Boulevard in downtown St. Paul. Exter plans to covert the building into 250 units of market-rate apartments overlooking the Mississippi River.

Exeter Realty Group develops and manages new office, retail, housing and mixed-use projects, as well as tax credit-driven historic and other office, retail and housing rehab projects. Projects are located in stable or emerging urban neighborhoods of the Twin Cities.

This program has been approved for one hour of real estate agent/broker continuing education credit through the Minnesota Department of Commerce.

Speaker_RickCollins

Rick Collins, Ryan Companies

 

Tuesday, November 19
Downtown East Development Project
Speaker: Rick Collins, Ryan Companies

Rick Collins of Ryan Companies will discuss current development projects, including the Downtown East development project surrounding the new Vikings stadium, as well as the challenges and opportunities in the development of commercial real estate. The Downtown East mixed-use development and three-block urban park/plaza consists of 1 million square feet of office space in two, 20-story office buildings with the capacity for more than 5,000 employees; 40,000 square feet of retail space on both street level and in the skyway; and 300 residential units.

Ryan Companies is a full-service commercial real estate firm with expertise in development, architecture & engineering, capital markets, construction and real estate management.

This program has been approved for one hour of real estate agent/broker continuing education credit through the Minnesota Department of Commerce.

Appraisal, Executive Insight Series

Rob Lunz Shares Insights on Real Estate Appraisal

The Real Estate Executive Insights Series is presented by the Opus College of Business MSRE program. This series invites speakers from the real estate industry to provide valuable information and discussion about hot topics and current trends. This program is free and open to the public. To view the full upcoming schedule, click here.

Rob Lunz, CRE, MAI

At the most recent UST Executive Insights event, Rob Lunz, principal at Nicollet Parnters shared insight gained over the course of several decades as a real estate appraiser. Nicollet Partners is a full-service appraisal, brokerage, and consulting firm headquartered in downtown Minneapolis. At the event, Rob introduced MSRE and MBA students to some the fundamentals of real estate appraisal. The standard definition of an appraisal is simply an analysis or opinion of value. Rob defines appraisal a little more broadly, and considers it to be the mission of appraisers to help ensure that real estate assets are employed to the best use possible.

Rob also shared some interesting situations he has come across over the course of his career in appraisal. One instance involved the appraisal of a lakeside residential property after the purchaser found a bald eagle’s nest in a tree over their deck. One might not think that a bird’s nest in a tree could significantly impact the value of a property, but they’d be wrong. Bald eagles are of course given protected status as an endangered species,  but their diet of small animals, the associated odors, and habit of throwing any leftovers out of the nest all make them unideal neighbors to have at a vacation home.

This unique case had Rob approaching wildlife biologists and the Department of Natural Resources in an attempt to determine what the owners could do about the eagles (nothing) and to evaluate what that might mean for the property owners. The impacts which Rob had to quantify included significant cleaning services expenses, reduced enjoyment of the property, and limitations on what future improvements the owners could make to the property. A prevalent theme in this and other stories Rob shared was the need for appraisers to be able to quickly learn about things they might previously have known little about, in order to accurately appraise real estate value.

Rob also provided insight into current trends in real estate. Nicollet Partners tracks development trends closely, including the current hot multifamily market. Rob noted that there are currently about 12,600 units of apartments either recently completed, under construction, or proposed in the Twin Cities, 55% percent of which are in the core cities of Minneapolis and St. Paul. He also sees improvement in the industrial market since the Great Recession, but believes that retail and office remain soft.
Executive Insight Series, Real Estate Programs, Uncategorized, Upcoming UST Events

Spring 2013 Executive Insights Speakers Announced!

The Real Estate Executive Insight Series invites speakers from the real estate industry to provide valuable information and discussion about hot topics and current trends. This is a free program and is open to the public. All sessions are held from 5:45 p.m. – 7:00 p.m. Registration is required.

We are excited to announce a great line-up of speakers and topics for spring term of 2013.

Tuesday, February 19
Valuation Issues in Today’s Commercial Real Estate Environment
Speaker: Rob Lunz, Nicollet Partners

Tuesday, March 5
Commercial Real Estate Finance
Speaker: Ken Dayton, Oak Grove CapitalUST Opus

Tuesday, March 19
Development Opportunities in Today’s Market
Speaker: David Kordonowy, Steiner Development

Tuesday, April 9
Property Management Challenges of an Iconic Office Property
Speaker: Jim Durda, IDS Center

Tuesday, April 23
Investment Sales Market Issues and Update
Speaker: Terry Kingston, C&W/Northmarq

Tuesday, May 7
Property Management Issues and Trends
Speaker: Frank Lang, Lang Nelson & Associates

Development, Executive Insight Series, Real Estate Programs, Retail Real Estate, Uncategorized, Upcoming UST Events

Real Estate Executive Insights Series: Downtown Minneapolis Whole Foods Market Development on December 11

Mark Shoening, Ryan Companies

Mark Shoening, senior vice president of retail at Ryan Companies US, will discuss current development projects, including the Whole Foods Market project in downtown Minneapolis, as well as the challenges and opportunities in the development of retail real estate. A pioneer in the design-build approach, Ryan Companies is a full service commercial real estate firm with expertise in development, architecture and engineering, capital markets, construction and real estate management.

The Real Estate Executive Insights Series is presented by the Opus College of Business MSRE program. This series invites speakers from the real estate industry to provide valuable information and discussion about hot topics and current trends. This is a free program and is open to the public.  Please register here to attend this event.

Commercial Real Estate, Executive Insight Series, Real Estate Programs, Upcoming UST Events

Real Estate Executive Insights Series: Real Estate Law with Mark Westra on November 27

Mark Westra of Faybanski, Westra, Hart & Thompson is a senior partner and real estate attorney with many years of experience working with all types of commercial real estate transactions. Westra will discuss current issues in real estate law and the challenges as they apply to commercial real estate.

Mark Westra

The Real Estate Executive Insights Series is presented by the Opus College of Business MSRE program. This series invites speakers from the real estate industry to provide valuable information and discussion about hot topics and current trends. This is a free program and is open to the public. Please register here to attend this event.

Commercial Real Estate, Development, Executive Insight Series, Real Estate Programs, Retail Real Estate, Upcoming UST Events

David Frauenshuh, CEO of Frauenshuh, Inc. to speak on Tuesday, October 9th

Learn about the opportunities and challenges of acquiring, developing, financing and managing real estate assets in the complex health care industry with David Frauenshuh, CEO of Frauenshuh, Inc. David Frauenshuh has experience running a full service commercial real estate firm with an emphasis on medical office, multi-specialty clinics and ambulatory care centers. 

David Frauenshuh, CEO of Frauenshuh, Inc.

David Frauenshuh is CEO of Frauenshuh, Inc. He has more than 35 years of experience in commercial real estate and currently has ownership interest in approximately 2.5 million square feet of real estate.

Frauenshuh, Inc. works in the development and financing of a wide variety of medical real estate complexes. David Frauenshuh also has expertise in headquarters development and acquisition of commercial real estate.

Frauenshuh is a graduate of Mankato State University and a native of the St. Paul area. He is a member of the National Association of Industrial and Office Parks and the Building Owners Management Association (founding member RPA designation). Frauenshuh serves on the board of many for-profit and nonprofit organizations.

The Real Estate Executive Insights Series is presented by the Opus College of Business MSRE program. This series invites speakers from the real estate industry to provide valuable information and discussion about hot topics and current trends. This is a free program and is open to the public.  Please register here to attend this event.

Executive Insight Series, Upcoming UST Events

David Wright of U. S. Bank Corporate Real Estate Group to speak on Tuesday, September 25th

In 2011 alone, U.S. Bank acquired 38 branch locations. Learn about the challenges of managing a large and growing corporate real estate portfolio from David Wright, vice president with the U.S. Bank Corporate Real Estate Group.

David Wright, U. S. Bank Corporate Real Estate Group

David K. Wright, RPA, FMA is a vice president with the U. S. Bank Corporate Real Estate Group, responsible for asset management of the company’s 32 million square foot real estate portfolio. Wright has been with the U. S. Bank Corporate Real Estate Group for 23 years, serving in a variety of roles over that period of time. Wright currently serves as a board member for Minneapolis BOMA. Wright also serves as the vice chair of the Minneapolis DID and the chair of the DID Budget and Service Operations Group.

A lifelong resident of the Twin Cities, Wright graduated from Mankato State University in 1982 with a B.S. in business administration and economics.

The Real Estate Executive Insights Series is presented by the Opus College of Business MSRE program. This series invites speakers from the real estate industry to provide valuable information and discussion about hot topics and current trends. This is a free program and is open to the public.  Please register here to attend this event.

Commercial Real Estate, Executive Insight Series, Property Management

Steve Wellington of Wellington Management Shares Development Insight

Stephen B. Wellington, Jr., Founder and President of Wellington Management, Inc.

It is not surprising the top 10 ranked developer Stephen Wellington, drew a large and attentive audience when he recently spoke at UST’s Executive Insight Series on development and property management.

For those who have not yet had the opportunity to meet Steve, he is an impressive and literally towering figure.  With a brilliant educational background (cum laude graduate of Yale University, a master’s degree in public affairs from the University of Minnesota and a second master’s degree from Stanford University’s Graduate School of Business), coupled with a largely successful professional track record – both as a entrepreneurial developer and as a leading public development official, all ears were finely tuned to hear what this CRE pro had to say.

As founder and President of St. Paul based, Wellington Management, Inc. (WMI), Steve communicated his company’s development and management approach as “disciplined and opportunistic.”  Through buying right and managing intelligently, the company chiefly operates through a buy and hold investment strategy. Currently, WMI’s portfolio is valued at $375 million, including approximately 90 properties located throughout the Twin Cities metro. Continue Reading