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BRC Advisors Opens New Mid-Wilshire Boulevard Office
 Targeted Expansion for Increased Demand from Buyers and Sellers throughout Los Angeles

BRC Advisors (http://www.brcadvisors.com), a leading commercial real estate brokerage firm in Southern California, proudly announces the opening of its new Mid-Wilshire office at 3440 Wilshire Boulevard, Suite 608. A reception scheduled for Thursday, October 18th, will be held at the office from 6-9 PM where clients, invited guests and members of the media will have an opportunity to meet the management team of the new office and other executives from BRC Advisors.

Overseeing the new office are three distinguished professionals, including: Eric Bae, Managing Director; Andrew Chung, Principal; and Tom Park, Office Manager. These individuals, all of whom enjoy strong ties within the Korean-American community of Los Angeles, are key representatives to the success of the Mid-Wilshire opening of BRC Advisors.

β€œThe new Mid-Wilshire office reflects our impressive growth, including $225 million in transactions in a 60-day period, complemented by increased demand from investors within this specific section of Los Angeles. Our credibility – which extends throughout Southern California and the Pacific Rim – is a testament to the resources, talented expertise and influence of BRC Advisors,” says James Huang, Founder and Partner of BRC Advisors.

"Along with the support of Andrew Chung and Tom Park, the grand opening of our Mid-Wilshire office is further proof of our longstanding work on behalf of Korean-Americans in this area. This office fills an important niche among the many distinguished citizens, entrepreneurs, developers and investors who work and reside in this district. I welcome the opportunity to oversee this strategic expansion on behalf of BRC Advisors and the clients we serve," says Eric Bae, Managing Director of the Mid-Wilshire office for BRC Advisors.

A Conservative and Disciplined Approach: BRC Advisors in Action
BRC Advisors applies a conservative and disciplined approach to its management. "Our emphasis on value, quality and comprehensive knowledge of the marketplace is critical to our success. BRC Advisors symbolizes this approach and allows individuals to be a part of our acclaimed leadership. That philosophy distinguishes our achievements, earning us respect and admiration from our peers and journalists nationwide," says Rich Enderlin, Managing Partner of BRC Advisors.

About BRC Advisors

Headquartered in Los Angeles, BRC Advisors combines over 30 years of brokerage and advisory experience within a strategically aligned network of programs. With its dedication to training and innovation, BRC Advisors is competitive in all market conditions and changing circumstances.

http://www.prweb.com/releases/2012/10/prweb9962220.htm
 

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A Return To Normalcy?

As the residential real estate market continues to recover, developments in Southern California point to new trends within Los Angeles and throughout the nation. Specifically, the economic crisis - and all the attendant developments related to the rise and fall of prices in the last few years - now offers a return to normalcy. That is, the push by investors to buy foreclosed properties and distressed homes, resulting in purchases at the expected resale price, now has owners in a holding pattern -- which is not necessarily a bad thing.

This situation, which furthers a more conservative buy-and-hold strategy among investors, is good for everyone: residential brokers have qualified clients who want to own something, prices have a chance to stabilize and the market as a whole - the historic criteria by which we measure financial appreciation - revert to more predictable standards. These events offer all real estate brokers a reliable example of how to respond to increased demand in their respective cities.

To the extent that investors view the Los Angeles housing market as an inviting opportunity, and my professional experiences underscore this fact, they believe we are in a new era - a more attractive environment - where speculation is less common and growth is more steady. Brokers should welcome this news because it gives them the strongest argument about buying residential real estate: that a home is an investment, something that can steadily grow, provide income (for rental properties) and weather economies of both expansion and contraction. Indeed, brokers should work even more ambitiously with investors; their assets - knowledge and analysis about long-term performance for housing within a certain city or neighborhood - are they key to transforming a home from an inflated commodity into a tangible source of success.

The lesson here is simple: brokers and investors can work together, so the outcome is a restorative one; both parties can identify properties where, despite competitive bidding by other investors, the price for a home - and its relative worth among similar homes in the same neighborhood - can foster a sense of patience. For the one thing this market does not need - the chief agent responsible for distorting prices - is wild speculation. Fueled with easy access to credit, and accelerated by inexperienced buyers with unrealistic expectations, those factors are (and were) a recipe for financial disaster. Hence the importance for brokers and seasoned investors to collaborate with each other, creating a climate of reassurance and economic vitality.

By following these principles, Los Angeles can go from city with an asterisk (denoting excess inventory and massive foreclosures) to a place where the real estate market is alive and well. Brokers in other cities can replicate the success of Southern California, and bring depressed neighborhoods back to life. This period may, in fact, become a new golden age of recovery, stability and ultimate success.

The duty rests with investors and brokers to devise a plan away from speculation and towards stability. These groups are already near that point; they simply need to continue working with each other, for their own mutual benefit and the good of the community. The rewards will reverberate far beyond Los Angeles and the rest of Southern California.


Ian Hollinger is Senior Investment Associate for BRC Advisors. Headquartered in Los Angeles, BRC Advisors combines over 30 years of brokerage and advisory experience within a strategically aligned network of programs. With its dedication to training and innovation, BRC Advisors is competitive in all market conditions and changing circumstances.

 

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BRC Advisors NNN Group Exceeds $178 Million of Investment Grade Net Leased Closings in the First Two Quarters of 2012

BRC Advisors (http://www.brcadvisors.com), a leading commercial real estate brokerage firm in Southern California, proudly announces that its NNN Group completed more than $178 million of investment grade net leased closings in the first two quarters of 2012.

One noteworthy transaction started as a disposition assignment on behalf on a Midwestern investor who was selling a 14-unit portfolio of net lease assets in various locales: all absolute NNN with full corporate guarantees. A bidding war ensued with two of the most capable Net Lease Funds in the country, competing head-to-head for the highly valued Investment Grade Portfolio.

The deal turned on one point that the seller required as negotiations unfolded. One highly credible buyer dropped out; and the only buyer in the country who could meet the seller's new unique deal point was identified, and a new deal was crafted to respond to the new deal terms. BRC sought them out and closed the deal.

BRC Advisors Net Lease Group served as consultant to the ultimate purchaser. In a separate and subsequent transaction, the original seller became a buyer acquiring another portfolio of investment grade assets from one of the purchasers in a multi-state/multi-unit transaction valued in excess of $100 million.

Both buyer and seller have, subsequently, engaged BRC NNN Group to provide marketing services for additional deals anticipated to close in the next sixty (60) days, aggregating for another series of multi-million transactions.

Sean O'Shea, Managing Director, BRC Net Lease Group, stated:

"We are a small boutique. What allows us to be effective on clients' behalf is our acute market knowledge and deal-closing intelligence, which starts with our proprietary NNN database of 64,000+ NNN properties. We can provide objective and accurate data to inform our clients' best decisions, whether buyers or sellers."

"Our Research Team of VP Taylor, Luis Estrada Curbelo and Thomas Hofvenschiold are considered by many, colleagues and competitors alike, to be the best in the NNN sector".

From James Huang, BRC Founding Principal:

"When I recruited Sean and his Net Lease Team, six (6) years ago, it was to complement our active BRC Multi-Family brokers, who were selling Apartments in Southern California for our traditional Client base, many of whom wanted to diversify into NNN assets with no management headaches after selling their apartment buildings, whether 6 units or 60 units at significant profits and defer capital gains liability."

"Having a credible Net Lease Group allowed us to provide a seamless series of transactions which disposed of their apartment buildings at record low market cap rates; and then, transition with Sean's data base to NNN properties anywhere in the country. Our Net Lease Group allows us to provide a more comprehensive quality of services in a timely and cost-effective (and highly competitive) manner."

About BRC Advisors
Headquartered in Los Angeles, BRC Advisors combines over 30 years of brokerage and advisory experience within a strategically aligned network of programs. With its dedication to training and innovation, BRC Advisors is competitive in all market conditions and changing circumstances.

 

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