February 2014 Newsletter

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February 2014 Newsletter
February 2014
Newsletter of the Minnesota Commercial Real Estate Women
I
www.mncrew.org
Opportunities with MNCREW
n spite of record low temperatures, wind chill
factors that make you shudder and snow falls
that create havoc during rush hours, the new
year is off to a nice pace! There have already
been several opportunities to network, get
informed, get inspired and even get aligned.
2014 MNCREW President
Claire J. Roberts, SIOR
Vice President
NAI Everest
[email protected]
P: 612.424.8458
M: 612.991.2255
The year opened with the CREWCAST program
featuring panelists Andrea Christenson of
Cassidy Turley, Anna Coskran of Nelson Tietz &
Hoye and Tony Phelps of Opus Development;
Julie Yeazle moderated the panel. One hundred
and fifty-three people were in attendance for
this program, including a Finance & Commerce
reporter whose article was on page two the
following day.
The PR & Marketing Committee hosted a
Networking Mixer on Tuesday, January 28, at
Figlio Restaurant at the Shops at West End in
St Louis Park. Ten MNCREW members enjoyed
an afternoon of post-holiday networking and
building relationships.
A [email protected] event was held at the new
Mill & Main Luxury Apartments at St. Anthony
Main on Tuesday, February 4th. This event not
only gave MNCREW members a tour of this
amazing residential development (developed
and constructed by Doran Companies), but
offered an informative session by Dr. Chris
Hanson of NE Community Chiropractic, who
discussed how to keep your spine and your life
in perfect alignment.
Have you renewed your MNCREW
membership? Do you know of anyone who
would benefit from membership in MNCREW?
The strength of this organization is in its
members. MNCREW members represent every
aspect of the commercial real estate
transaction—one stop shopping, so to speak.
Invite a friend, colleague, client or co-worker to
attend the next program on February 19. They
will be intrigued and inspired! This program is
based upon Facebook COO Sheryl Sandberg’s
book Lean In, which presents the idea that
women face invisible, subconscious barriers in
the workplace from peers, supervisors, and in
large part, themselves. At the February
program we will continue a discussion about
women in leadership with a panel of women at
varying stages of their careers.
Stay warm, stay safe on the roads and take
advantage of the opportunities that your
MNCREW membership presents to you!
February
Program
Sponsors
MNCREW — Successful Deals. Quality Relationships.
MNCREW News n February 2014
Sheryl Sandberg’s LEAN
F
February Meeting
IN
a Discourse on Change
for Women in the Workplace
acebook COO Sheryl Sandberg’s feminist manifesto Lean In
presents the idea that women face invisible, subconscious
barriers in the workplace, from peers, supervisors, but—in
large part—themselves. At the February MNCREW program we
will continue the discussion about women in leadership, testing
Lean In theories with a panel of women at varying stages of their
careers to see how and where change is happening.
FEATURING:
hEaThER hOFFMaN
CyNThIa BURGER
Senior Vice President, Project Manager,
RJM Construction
Director, Western
Division, RMR
STEPhaNIE SEvERSON
Director, Real Estate
Advisory Services, Cushman
& Wakefield|Northmarq
The program will
be moderated by
Katie Tufford,
Senior Property
Manager, RMR.
DaTE:
LOCaTION:
PaRKING:
PRICE:
DEaDLINE:
DETaILS:
MaIL/FaX/EMaIL:
ONLINE:
QUESTIONS:
Wednesday, February 19, 2014
Radisson Plaza hotel – 35 S. 7th St., Mpls., MN 55402
Suggested parking ramps: Plaza VII Ramp, Macy’s
$40 MNCREW Members, $65 Non-Members
Friday, February 14
SPONSORS
11:30 a.m. - 1:15 p.m.
11:30 a.m. REGISTRaTION
11:45 a.m. SEaTING FOR LUNCh
12:00 p.m. PROGRaM
Pre-registration is required. To register, complete the form below. A $10 late fee will
be applied to registrations received after February 14. No refunds for cancellations
received after February 14. No Shows will also be billed.
MNCREW 4248 Park Glen Road, Minneapolis, MN 55416 Fax: 952.929.1318
[email protected]
www.mncrew.org. Members must login with password to receive member rate.
Jenna Berge, 952.928.4694 Direct, or 952.928.4669 General MNCREW line.
Name #1
american
Engineering
Testing, Inc.
RMR
Stoel Rives LLP
Company
MNCREW Member
Non Member
vegetarian Meal
Name #2
Email
Phone
Company
MNCREW Member
Non Member
vegetarian Meal
Name #3
Email
Phone
Company
MNCREW Member
vegetarian Meal
Non Member
Email
Phone
Express Check-in: If you are pre-registered and pre-paid, there’s no need to wait in line at the meeting. Use the Express Check-in table.
_____ Number of Members attending at $40 each
_____ Number of Non Members attending at $65 each
PayMENT:
Check - payable to MNCREW
VISA
TOTaL
$__________
$__________
$__________
MasterCard
AmEx
Please Note: If you do not pre-pay for the meeting, please bring your
payment (check, cash, or credit card) to the meeting. Payment will not be
accepted after the meeting.
Credit Card #
Expiration Date
Cardholder / Cardholder Address & Zip Code
Signature
MNCREW — Successful Deals. Quality Relationships.
Page 3
MNCREW News n February 2014
Recruiting the Next Generation of Appraisers
I
by Lori Welle, contributing writer at Finance and Commerce
NEW PRESIDENT OF aPPRaISaL INSTITUTE’S NORTh STaR ChaPTER OUTLINES hER GOaLS
“
like the investigative parts
of the job and the variety
of work I get to do,” says
Julie Bjorkland, a 25-year
appraiser who recently
became the new president
of the North Star Chapter of
the Appraisal Institute.
appraising the appraiser
profession
Bjorkland understands why
her profession might not be
on the radar of today’s
college grads. After all, it
wasn’t even part of her initial
career path.
Although she has fallen
After receiving a teaching
down a snow-covered
degree, she could only find
Photo by Finance &
Commerce
window well while
substitute teacher jobs.
measuring the outside of a
Since her husband at the
home and poked her head into
time was an appraiser, she knew a bit
countless stifling hot attics to check for
about the profession and decided to try
proper ventilation, the new president of
it herself. After taking entry-level
the North Star Chapter of the Appraisal
classes and finding a mentor, she soon
Institute wouldn’t trade her experiences
found she enjoyed the variety of work
for any other job.
involved with appraisals.
“I like the investigative parts of the job
and the variety of work I get to do. Plus,
I’m not stuck at a desk. I get to be
outside,” says Julie Bjorkland, who also
is a 25-year appraiser for BCL
Appraisals Inc. in Minneapolis, where
she specializes in residential real
estate.
As the association’s new president, one
of her goals is to spread the news
about her profession’s perks and
thereby encourage new blood to join
what she describes as a “graying
profession.”
Though appraisers typically are
employed by lenders to estimate the
value of commercial or residential real
estate involved in loan transactions,
they also provide opinions in litigation
cases, tax matters and investment
decisions.
The North Star Chapter has about 480
members, most of them from Minnesota
but also from North Dakota, South
Dakota, Wisconsin and Manitoba. The
chapter is part of the Appraisal Institute,
which includes nearly 23,000
appraisers in almost 60 countries.
Members join to learn, network,
advance professionalism and ethics
within the industry and more, all so they
can provide the best answer to the ageold question: “What’s it worth?”
A few years into the job, she wanted to
learn more so she joined the Appraisal
Institute and started working on various
committees. Fifteen years after joining
she earned her SRA designation (once
known as Senior Residential
Appraiser), signifying that she fulfilled
educational and experience
requirements beyond those required of
licensed appraisers.
As it turns out, Bjorkland’s road to
becoming a designated appraiser fits
with her 2014 goals for the North Star
Chapter: inspiring new people —
especially women — to join the
profession and encouraging current
members to become designated
through the chapter’s candidate
program. Candidates are supported by
mentors such as Bjorkland, who
currently advises four people going
through the two-year process.
Appraisers typically concentrate on
either commercial or residential real
estate. Bjorkland prefers residential
because she likes to focus on certain
types of neighborhoods and properties,
including those in the north metro and
those with acreage. She also enjoys
non-mortgage-related work, such as
appraising estates for probate
purposes.
commercial real estate, but a lot of
long-term members are SRA
designated, so her perspective on the
residential market will be really good,”
said Ron Lachenmayer, president and
owner of BCL. “They will have her as a
role model to become more involved in
the institute.”
Industry outlook
According to an Appraisal Institute
survey conducted in mid-2013, real
estate appraisers generally thought
their real estate markets — particularly
local residential markets — were
stronger than they had been a year
earlier.
Bjorkland said that top issues for the
local residential market include rising
interest rates, higher qualifying
thresholds for new mortgages, an
increase in property values and a trend
in people moving from the suburbs to
urban areas. Within the commercial
market she expects rents to remain
stable, construction to move toward
more build-to-suit properties and a
continued demand for rental housing.
Maribelle Cushman, executive director
of the North Star Chapter, thinks
Bjorkland is up for dealing with these
issues and more. “She will provide the
organization with a fresh, new, vibrant
approach because she is extremely
organized, well-grounded and has great
plans for the coming year,” Cushman
said. “She will not only encourage
growth within the organization, but also
help members realize the value of
becoming designated.”
Reprinted with permission of
Finance and Commerce, Inc.,
published Tuesday, January 21, 2014
“This industry is heavily focused on
MNCREW — Successful Deals. Quality Relationships.
Page 4
MNCREW News n February 2014
Committee Profile: Community Service
WHAT BOOK
ARE YOU
CURRENTLY
READING?
WOULD YOU
RECOMMEND
IT TO OTHERS?
aNGELa FEULNER, aIa,
LEED aP BD+C
CMA
I am currently reading The Dinner by
Herman Koch. I don’t know yet if I
would recommend it, I’m about half way
through it and so far it’s only
ok—hopefully the ending is amazing!
TaSha KIRK
Ameriprise Bank
The handbook of Commercial Real
Estate Finance. I’m currently in pursuit
of my Certified Mortgage Bankers
designation through the Mortgage
Bankers Association. Highly
recommended reading – especially if
you find yourself confined in the house
for 5 days straight due to a polar vortex
(insert sarcasm).
ChRISTy MENNEN, ESQ.
Guaranty Commercial Title
I just started reading have a New
husband by Friday by Dr. Kevin
Leman. It’s kind of starting out like Dr.
Laura’s The Proper Care and Feeding
of Husbands, and puts the focus on
what wives need to do if they want that
new husband. So, I’ll have to see
whether I finish it, and whether I’d
recommend it to others…check with me
after Friday!
DaRLENE PERSONIUS
Greywolf Partners
I’m currently reading The First Phone
Call From heaven by Mitch Albom.
The book is both interesting and
thought-provoking. Out of 5 stars I’d
rate it a 3.5.
aMy SIMONS
Interstate Parking Company
I am not currently reading any books
but I’d love to hear some
recommendations.
EMILy SEMO
Stinson Leonard Street
Billy Lynn’s Long halftime Walk by
Ben Fountain. I would definitely
recommend this. It is an interesting
mixture of comedy and drama that
deals with some very timely themes. It
also was a National Book Award finalist.
MNCREW — Successful Deals. Quality Relationships.
Page 5
MNCREW News n February 2014
Committee Updates and Member News
Sponsorship
Thank you January
program sponsors!
2014 MNCREW
aNNUaL SPONSORS
CaLhOUN LEvEL
Twin Cities Orthopedics
Wells Fargo Bank, N.a. (L-R): Janet Piper, Staci McLarnon, Christine Shrosphire,
Maureen Wollack, Marlene Dieterich
Thank you January program speakers!
(L-R): Moderator Julie Yeazle; Anna Coskran from Nelson,
Tietz & Hoye; Tony Phelps from Opus Development Company;
Andrea Christenson from Cassidy Turley
The 2014 Board was
sworn in at the January
program
(L-R):
n Shelly Rosett, Corporate Art
Force
n Tasha Kirk, Ameriprise Bank
n Jodi Johnson, Stoel Rives
LLP
n Jessica Mogilka, Cresa
Minneapolis
n Shari Bjork, Studio Hive, Inc.
n Michele Caron, Pinnacle
Engineering, Inc.
n Janet Piper, Wells Fargo
Bank N.A.
n Mary Jo Kelly, KrausAnderson Capital
n Andrea Fazendin, Art
Partners Group
n Claire Roberts, NAI Everest
Outgoing President Skye Cook swears in
n Not pictured: Diana Opitz,
incoming President Claire Roberts.
Target
haRRIET LEvEL
Duke Realty
Kraus-anderson Companies
PhaLEN LEvEL
associated Bank
CBRE
Corporate art Force
Cushman & Wakefield/NorthMarq
Dorsey & Whitney LLP
Sunrise Banks
LaKE OF ThE ISLES LEvEL
art Partners Group
Dougherty Mortgage, LLC
First american Title
Greystone Construction
hGa
Lindquist & vennum LLP
NaI Everest
The Opus Group
Perkins + Will
RIChMaC Funding LLC
RSP architects
Stahl Construction
Stewart Title
Stoel Rives LLP
TCF National Bank
Wells Fargo Bank, N.a.
COMO LEvEL
allied Parking Inc.
american Engineering Testing, Inc.
BMO harris Bank
Commercial Partners Title, LLC
Cresa Minneapolis
Fredrikson & Byron, P.a.
Guaranty Commercial Title, Inc.
historical Information Gatherers
Infinia Bank, a division of home
Federal Bank South Dakota
JE Dunn Construction
McGrann Shea Carnival Straughn &
Lamb, Chartered
Messerli & Kramer
Monroe Moxness Berg Pa
Nelson, Tietz & hoye, Inc.
Old Republic Title
Oppenheimer Wolff & Donnelly LLP
RMR
TRG Commercial
Wenck associates, Inc.
Winthrop & Weinstine, P.a.
MNCREW — Successful Deals. Quality Relationships.
Page 6
MNCREW News n February 2014
Committee Updates and Member News
Newsletter
WaNT TO INTRODUCE yOURSELF TO MNCREW MEMBERS?
The Newsletter Committee offers an excellent business development
opportunity for those of you seeking ways to introduce yourselves to other
MNCREW members. One of the primary components of the MNCREW
newsletter is the member profile. We would like to encourage any of you to join
us whether you are interested in compiling one or many profiles during the
year. It provides a great reason to sit down to coffee or talk over the phone
with another MNCREW member you have been wanting to meet! There is a
questionnaire already developed and a list compiled of those who have
already been interviewed, so the process is simple and painless.
2014 DUES RENEWaL
DEaDLINE: FEBRUaRy 14
have you renewed your
membership yet?
It’s quick and easy to renew online
and update your member profile
through CREWbiz. Click here
If you are interested in working with the committee, contact Co-Chair
holly Stein or (612) 359-4461.
FICTION: One needs to be a great writer to join the
Newsletter Committee.
FaCT: Several jobs on the Newsletter
Committee don’t involve any writing at all! We
need proofraders and individuals who are good
at collecting information. If you noticed a typo
in the last sentence, this committee would be
perfect for you! The most important quality we
look for is organizational skills.
FICTION: I’m too busy at my job! I can’t commit to
participating on a committee every single month.
FaCT: We share responsibilities on the
Newsletter Committee. Several of our
members participate only three times per year.
Flexible scheduling is our strength.
FICTION: I joined MNCREW to meet other women;
this won’t happen if I join the Newsletter Committee.
FaCT: Interviewing someone for a member
profile is the ultimate way to network! If you chat
with someone for five minutes at a monthly
lunch, will you really remember much about that
person? Interview that same person for a
newsletter profile and you’ll leave the meeting
with a new friend for life!
MNCREW's newsletter is produced 12 times a year
and focuses on highlighting information about and
opportunities for members. This newsletter is used
to promote MNCREW, elevate the visibility of its
members, and as a recruiting tool for new members.
Ready to join the Newsletter Committee? Contact
either co-chair:
holly Stein, Associated Bank, [email protected] (612) 359-4461
Melanie Walsh, TSI Appraisal, [email protected] (612) 867-7845
MNCREW — Successful Deals. Quality Relationships.
Page 7
MNCREW News n February 2014
Committee Updates and Member News
Member Services
although it may be hard to
believe, spring – and running
season – is just around the
corner!
Mark your calendar for
Sunday, September 28,
and plan to join us at
Women Run the Cities 2014!
MEMBER SERvICES
COMMITTEE IS LOOKING FOR
NEW MEMBERS!!
The Member Services Committee
provides members with programs that
are geared toward networking. This
includes progressive table networking
luncheons, social events, a golf outing,
the CREWie Awards, walking tours,
and the facilitation of business
opportunities between members. The
committee meets once a month on the
first Tuesday of the month from 11:301:00 pm.
Please contact Julie Kazeck with
Denison Parking at (763) 232-5167.
N EW M EM B ER S
Barbara Buss
TCF National Bank
11100 Wayzata Blvd
Suite 600
Minnetonka, MN 55305
(952) 512-6410
[email protected]
alicia Capes Coleman
First American Title Insurance
Company
801 Nicollet Mall
Suite 1900
Minneapolis, MN 55402
(612) 305-2015
[email protected]
MEMBERS IN TRaNSITION
This column identifies MNCREW
members in transition. If you would
like your name included, please email
[email protected]
Dianne Rentschler
District Mgr/Commercial
Furniture/Sales Mgr
(612) 720-5553
[email protected]
MNCREW — Successful Deals. Quality Relationships.
Page 8
MNCREW News n February 2014
Committee Updates and Member News
Networking
NETWORKING IN 2014
REMINDERS aND TIPS
MNCREW provides a perfect opportunity to network. Here’s a helpful list of
networking tips as you dive into your next opportunity.
n Give and you Will Receive
n Be Clear about What Networking Is and What Networking Isn't
n Move Out of your Comfort Zone
n The Make or Break handshake
n always have an Introduction Planned
n Entering and Contributing to a Conversation
n Cherish the Business Card!
n Little Things Count
n Follow Up
n It's Not all Face to Face
Stay tuned to the monthly newsletter section on networking as we highlight one
of these networking tips each month.
Even effective networkers have to practice, so we will continue to plan and
advertise impromptu social events for you test your skills...
Sincerely,
Your 2014 PR / Marketing co-chairs:
Christy Lewis, Doran Companies, LLC
Kristen Weise, The Opus Group
Community Service
MNCREW COMMUNITy SERvICE COMMITTEE –
2014
With the adoption of a new strategic plan by MNCREW’s
Board of Directors in 2013, and since selecting the Ann
Bancroft Foundation as the sole charity partner for
MNCREW and Women Run the Cities, the focus and goals
of the Community Service Committee have been updated.
The committee’s strategic focus is including new
audiences, and its primary goal is to forge a partnership
with organizations similar to MNCREW to increase
outreach to students of diverse cultural and financial
backgrounds to educate them on opportunities in
commercial real estate.
The Community Service Committee, with the assistance of
Board liaisons Skye Cook and Tasha Kirk, has started
planning for 2014 and is looking for MNCREW members
interested in shaping the future of this committee and its
offerings.
The committee meets the second Tuesday of the month at
12:00 noon in downtown Minneapolis. We welcome your
ideas, vision and volunteer spirit.
Please contact co-chairs Christy Mennen (612) 746-0426
or Sandy Spangler (612) 359-4476 if you are interested in
joining the committee or if you have any questions about
our volunteer opportunities.
Opportunities include writing brief submissions of
committee happenings for the monthly newsletter and
Wednesday Weekly and possible liaison and planning
opportunities (i.e. St. Cloud State real estate program,
Commercial Real Estate Diversity Collaborative, Ann
Bancroft Foundation and St. Thomas/MNCREW Women in
Real Estate Joint Program).
MNCREW — Successful Deals. Quality Relationships.
Page 9
MNCREW News n February 2014
B
Nationally Speaking
e sure to renew your CREW
membership if you haven’t done
so already! Here is some great
info about fellow CREW Network
members – you definitely want to be
“in” with these ladies…
CREW News
OUR MEMBERS
• CREW Network members represent
nearly every discipline within
commercial real estate including law,
brokerage, leasing, property
management, finance, title/escrow,
development, corporate real estate,
asset management, engineering and
more.
• Average 14 years of commercial real
estate experience
• Nearly 76 percent are presidents,
CEOs, partners or senior managers
of their companies
• Nearly 90 percent hold college or
graduate degrees
• 60 percent report annual incomes in
excess of $100,000
• 72 percent have given a referral to
another member in the last 12
months
• 54 percent reported receiving a
referral from another member in the
last 12 months
SChOLaRShIPS
CREW Network Foundation is currently
accepting 2014 scholarship applications
(scholarships are not less than $5,000
each!). So if you know a woman who
may qualify for one of the 2014
scholarships, please direct them to the
CREW Network website for more
information!
application deadline is april 25, 2014.
MNCREW — Successful Deals. Quality Relationships.
Page 10
MNCREW News n February 2014
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Sponsors
Historical Information Gatherers
Kraus-Anderson Companies
Wells Fargo Bank, N.A.
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Cushman & Wakefield/Northmarq
Stahl Construction
TRG Commercial
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American Engineering Testing
RMR
Stoel Rives LLP
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Cushman & Wakefield/Northmarq
Dougherty Mortgage, LLC
Fredrikson & Byron, P.A.
HGA
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American Engineering Testing
Guaranty Commercial Title
McGrann Shea Carnival Straughn & Lamb
Oppenheimer Wolff & Donnelly LLP
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Monthly meetings are typically
held on the 3rd Wednesday of
each month from 11:30-1:15 at
the Radisson Plaza Hotel.
www.mncrew.org
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Art Partners Group
Doran Construction
The Opus Group
Pinnacle Engineering
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Associated Bank
Commercial Partners Title
Messerli & Kramer P.A.
Stinson Leonard Street LLP
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SEND aLL MNCREW INQUIRIES TO:
Colleen ayers, Executive Director
MNCREW
4248 Park Glen Road, Minneapolis, MN 55416
Direct Phone: (952) 928-7465
General Phone: (952) 928-4669
Fax: (952) 929-1318
[email protected]
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Corporate Art Force
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Studio Hive
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Absolute Commercial Flooring
RJM Construction
TCF National Bank
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Dorsey & Whitney LLP
Lindquist & Vennum
First American Title
Stewart Title
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aUGUST
5
FRI
1
2 ‘14
3
CREWCaST
Jan* 159 10
6
7
May
SUN MON TUES WED THUR
NOvEMBER
JaNUaRy
DATES ARE SUBJECT TO CHANGE.
MaRCh
Unless otherwise noted, monthly programs
are on held the 3rd Wednesday of the month.
2014 Calendar
December
No Program
SEND NEWSLETTER INQUIRIES TO:
( holly Stein, Newsletter Co-Chairperson
Associated Bank
Phone: (612) 359-4461
[email protected]
( Melanie Walsh
TSI Appraisal
Phone: (612) 867-7845
[email protected]
MNCREW — Successful Deals. Quality Relationships.

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