Executive Networking with Tenant Advisory Group


May 8 Executive Networking Event

Every month, Tenant Advisory Group hosts an Executives Bruncheon to provide an opportunity for Chicago business leaders to build new, meaningful connections and discuss topics relevant to running a business.

During May’s Executives Bruncheon, attendees were prompted with two questions: “What is the best thing that’s happened to you in the last few weeks both personally and professionally?” as well as the “Best advice you’ve gotten?” Here are a few of the lessons shared in response:

Michael Alvarado, Partner, Davis Friedman- I brought over three new capital partners which will sustain the firm. I attended my first college visit with daughter. My son who is seven also did a lemonade stand, and made $20. Now my son wants to make $80 to give everyone in the family $20.

Advice: Drop everything for a new client. Focus on caring for the client.

 

Alex Newmann, Co-Founder & CEO, FinanceFuel- I closed some VC money, my team is growing, and things are moving forward. Half of business is a mental game. You have to focus on doing the right thing. I also get to be around my family more.

Advice: Learn how to sell and you’ll never go hungry.

 

Donncha Carroll, Partner, Axiom Consulting Partners- I built a product development team around data analytics. I’m also going to Ireland to visit family and friends.

Advice: Better to be approximately right than accurately wrong.

 

Joe Blandford, President, Greatline Communications- The economy is the good news which means I’m making money. My youngest daughter also wants to rejoin the business.

Advice: You can get what you want in life if you can help enough people get what they want.

 

GUEST LIST:

Colin Hogan, Managing Partner, Demo Duck

Konstantin Nedyalkov, President, Tiamat

Bob Domenz, CEO, Avenue Inc

Greg Maddox, Partner, Cultivate Advisors

Sam Pagan, Founder & CEO, Fundingdocs

Michael Alvarado, Partner, Davis Friedman

Len Llaguno, Founder & Managing Partner, KYROS Insights

Joe Blandford, President, Greatline Communications

Alex Newmann, Co-Founder & CEO, FinanceFuel

Donncha Carroll, Partner, Axiom Consulting Partners

Page Ciesemier, CFO, Gage Hospitality Group

Taylor Gaines, CEO, Social Gaines

Maverick Eguia, Co-Founder, Veme.ly

Glenn Hafner, Managing Partner, HD Investment Group

Tarik Khribech, Founder & CEO, ChoreRelief

Executive Networking With Tenant Advisory Group


Executive_Networking

Every month, Tenant Advisory Group hosts an Executives Luncheon to provide an opportunity for Chicago business leaders to build new, meaningful connections and discuss topics relevant to running a business.

During one of April’s Executives Luncheons, attendees were prompted with the question, “What efficient, creative and impactful ways do you use to stay on the radar of your clients, potential clients and networking partners?” Here are a few of the lessons shared in response:

Carol Cesaretti, Managing Partner, Quintairos, Prieto,Wood & Boyer- Ask clients what they want and give that to them. Basic monthly newsletters work, but also get out there to get to know them. Do free lunch and learns.

Jonathan Rothstein, Sr. VP, MB Bank- Set up a few in person meetings every day. Host breakfasts, lunches & dinners. People do business with people they like, so you need to be out there meeting people and making connections for others. Be involved in the community.

Bill Himmelstein, Founder & CEO, Tenant Advisory Group- I use a marketing and PR firm called Fetch for content generation. I also host events to bring people together.

Jon Berbaum, President, Highland Solutions-  I made a habit on Monday mornings to spend 30 minutes going through LI and CRM to touch base with people I haven’t talked to in a while. I also read a lot and forward those articles to people of interest.

Melissa Dotson, President/ Owner,  Rieke Corp- We host lots of events at our facility and help with our network’s fundraisers.

Mary Ann Rose, President, Tamar Productions, Inc- Write thank you notes, and hold special promotions.

Natasha Marriner, President, Klein Hall- Be relevant to clients. Get in front of them. Deliver gift baskets, and ask: what else can we be doing for you? Who can we introduce you to? Lead with value.

Tom Olivieri, President, Devon Bank- Stay in front of your network via social media.  I do lots of networking with COIs and even take prospects to see live music.

Paola Meinzer, Marketing Director, Manning Silverman- Identify their needs and try to meet them. Belong to organizations and associations and bring clients to those events.

Jelani Rucker, VP, BD at Zekelman Industries- Cultivate a huge presence on social media. Utilize interesting content that is relevant to the end user.

Morrie Elstien, Founder & CEO, MorrieConnects- Use the approach of helping people meet each other. Ask “How can I help you grow your business? and Who do I know that you’d like to meet?” That’s the best way to form a relationship.

 

TAG Executives Breakfast Guest List

Carol Cesaretti, Managing Partner, Quintairos, Prieto, Wood & Boyer

Stefanie Jenkins, Owner, Jenkins, Advising, Director of BD, Vault Innovation Group, Chief Fundraising Officer The Next Foundation

Thomas McMenamin, Managing Partner, Masuda Funai

Jonathan Rothstein, Sr. VP, MB Bank

Bryan Engel, Partner, PBG Financial Services

Bill Himmelstein, Founder & CEO, Tenant Advisory Group

Jon Berbaum, President, Highland Solutions

Morrie Elstien, Founder & CEO, MorrieConnects

Melissa Dotson, President & Owner, Rieke Corp

Mary Ann Rose, President, Tamar Productions, Inc

Jeff Asperger, Partner, Meltzer, Purtill & Stelle

Natasha Marriner, President, Klein Hall

Christopher Gandy, Founder, Midwest Legacy Group

Tom Olivieri, President, Devon Bank

Paola Meinzer, Marketing Director, Manning Silverman

Peter Karnowski, President, Great Point Capital

Jelani Rucker, VP & BD, Zekelman Industries

Erryn Cobb, CEO, Fetch IMC

A Beginner’s Guide to Investing in Commercial Real Estate


Beginner's Guide to Investing in Commercial Real Estate-min

Investing in commercial real estate is a great way to diversify your portfolio as well as make some extra money. Unlike stocks and bonds, commercial real estate is a hard asset that provides income via rent collection and, in most long term cases, an appreciation of value. The best way to begin investing in commercial real estate is to thoroughly research your options – we’ve compiled a few tips to help you get started.

What is Commercial Real Estate?

Investing of any kind requires a good amount of research and before taking the plunge you should understand what commercial real estate encompasses. Office buildings are the most commonly known category of commercial real estate, but it also includes apartment complexes and high rises, retail strip centers, industrial buildings such as warehouses and special purpose spaces like amusement parks, hotels and sports stadiums. Once you have an understanding of what commercial real estate is, then you can devise a plan to invest.

Be Patient

Investing in real estate should not be about the short term. It should be about the long term and building equity. Everyone wants to make a quick buck, but investing takes time. Before investing in a plethora of properties, start small and take on a just one or two investments that you are certain will cover any associated costs you have – like the mortgage, taxes and operating expenses. Keep in mind how much you can charge for rent, and from there, weigh the amount of loans you would need vs your projected income after all expenses are taken out to make the best decision.

Understand Hidden Costs

Make sure to do your due diligence and understand the real estate taxes on the property, the condition of the property, and what kind of financing your lender will provide. Additional costs such as renovations, licenses/permitting, and vacancies can arise during the investing process. By keeping your properties leased up, there are tremendous tax and cash flow advantages real estate ownership can provide.

Make Sure to Have the Right Advisors

To make the most of your commercial real estate investments, work with industry experts. Before signing your name or committing to any property, seek out the guidance of a knowledgeable broker who can show you properties that may not be listed, and advise you on locations that will be the most fruitful for your investment. Work with an attorney to ensure that there are no legal issues with your potential investment. By failing to work with an attorney, you could suffer financially if any unknown legal issues arise. Finally, set up a discussion with a lender before you begin looking into properties to get a better idea of your borrowing guidelines and a realistic understanding of what properties you can afford.

By doing the right research, understanding your financial situation and working with industry experts, you can start investing in commercial real estate knowing you made the best decision for your financial well-being and portfolio.

351 W Hubbard/414 N Orleans


commercial real estate. Broker. leasing.New space. Chicago buildings. Retail Space. Rental property. Negotiate. Sublease. Office Search

 

Description: Great River North location! This commercial space, located on the corner of Orleans and Hubbard, has a loft style/open ceiling with exposed brick and would be a great space for a tech company. It’s available 30 days after sublease signing. The space is $38/sf and the lease expiration date is 9/30/21.

Space includes:
1 large office
1 small conference room
8 workstations
1 reception desk
Fully furnished
Building Features:
Food service
Near brown line/ Merchandise Mart stop
Starbucks and Hampton Social are in the building
Next to East Bank Club
Size: 1,357 sf

Location: 351 W Hubbard St – Orleans Plaza-414 North Orleans, Chicago, IL 60654