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Colorado Among Top 5 States for Doing Business>> Press Release: KW Commercial Announces Parent Company Climbs to 3rd Largest in U.S. AUSTIN, TEXAS (March 2, 2009) — KW Commercial and Keller Williams® Realty Inc., announced last week at its annual convention in Orlando, Fla. that it is now the third-largest real estate franchise in the United States, surpassing RE/MAX® International. According to Steve Murray of REAL Trends, a leading source of analysis and information in the residential real estate industry, the Austin, Texas-based company claimed the number three spot with 72,794 U.S. associates at the end of 2008. “The success of Keller Williams Realty can be directly attributed to the hard work and perseverance of our associates and the soundness of our economic and organizational models,” said Mark Willis, CEO of Keller Williams Realty, Inc. “While others might be looking at this market and seeing fear and uncertainty, we have always approached it as our opportunity to shine and grow. And that mindset has paid off.”
The company has been gaining ground for the last three years, outpacing pervasive downward trends in the real estate industry.
Press Release: NNN Investment Group affiliates with KW Commercial (July 20, 2009) KW Commercial today announced that it will partner with the National NNN Investment Group to offer triple net lease real estate investments.
Triple net, also known as NNN (net, net, net), real estate refers to commercial leases where the tenant pays the property taxes, insurance, and maintenance (the three 'Nets'). Typically, these types of NNN investments are most attractive to long-time apartment property owners and passive investors seeking “hands-off" real estate to provide themselves a long-term and stable income. Many owners sell their current management-intensive properties and purchase an NNN investment as part of a “1031 tax-deferred exchange."
“Our ultimate objective is to ensure that KW Commercial clients acquire the best quality triple net properties with the fewest surprises and National NNN Investment Group has the experience and track record to make this happen.
"A triple net investment offers an exit from management-intensive real estate into properties that provide long term, passive income" stated Barnes, “This is particularly important to our clients nearing the end of their investment life cycle. For instance, they may have started out with a residential duplex twenty years ago, gradually traded-up along the way, and can now be proud owners of a commercial property leased for 25 years to Walgreens. In many ways, an NNN investment offers features similar to a corporate bond, with the continuing benefits of real estate ownership."
Press Release: KW Commercial Names Steve Hewson as Director Denver, CO, September 15, 2008 -- KW Commercial is pleased to announce that Steve Hewson has been named as a Director in the recently launched KW Commercial division of Keller Williams Realty International.
Hewson is also a member of a newly formed KW Commercial Group in the Denver-Boulder Metro area along with experienced commercial REALTORS®, Dennis Quinn and Steve Bimm. The Commercial Group’s market specialties include office, industrial, retail, land, investment, and multi-family. Their commercial services provide for brokerage, leasing, residential and commercial development, consulting, property management, and M&A business brokerage.
The requirements for a KW Commercial Director include a recognized level of experience and volume of closed transactions, client and customer references, and a commitment to a high level of commercial real estate education.
As a Director at KW Commercial, Hewson will bring a new focus to developing and marketing the commercial division’s capabilities in the Colorado marketplace. In addition, he will be involved in training and educating other real estate agents.
“I look forward as a Director to working with this newly formed commercial division within Keller Williams Realty”, commented Hewson. “It provides an opportunity to bring a vast set of resources, training and an extensive agent network to assist our clients.”
Press Release: Steve Hewson, Dennis Quinn, & Steve Bimm Form a KW Commercial Group DENVER, CO—June 1, 2008—The Denver Northwest Market Center of Keller Williams Realty International today announced the formation of a KW Commercial Group, comprised of REALTORS® Steve Hewson, Dennis Quinn, and Steve Bimm.
“For some time, our market center has been providing our clients with both commercial and residential services,” commented Team Leader Heidi Greer Mosher. “The formation of the Commercial Group provides a new focus. These three agents bring many years of experience in providing commercial and investment real estate services to clients.” The Commercial Group’s market specialties include office, industrial, retail, land, investment, and apartments. Their commercial services provide for brokerage, leasing, residential and commercial development, consulting, and business brokerage. “This commercial capability combines with the well-known Keller Williams residential strength to bring an even wider array of services to our clients,” remarked Steve Hewson. “Many clients have a need for both services, and now, they can find it all under one roof.”
Press Release: Keller Williams Realty International Announces Plans for Commercial Division, Buddy Norman joins the company as division president AUSTIN, TEXAS (July 16, 2008) - "Our goal is to expand our platform and make Keller Williams Realty the real estate company of choice in both the residential and commercial worlds by providing our associates the technology, marketing tools, and resources to succeed in the commercial business,” said Mark Willis, CEO of Keller Williams Realty. “We want to create synergy and referrals between the residential and commercial sides of our Keller Williams offices, increasing the income and production potential of all our agents.”
Buddy Norman, a veteran of commercial real estate has joined Keller Williams as president of the new division. Norman has more than 18 years of experience in the commercial real estate industry, including leadership within international firms, such as The Staubach Company and Burnham Real Estate, which was acquired by Cushman & Wakefield. He has led the development of new business divisions and trained commercial agents all over the U.S. including Dallas, Atlanta, Washington D.C. and San Diego. A consistent top producer, Norman has averaged approximately 400,000 square feet per year of commercial leasing and sales transactions over the last 10 years.
“There’s such a wide spectrum of commercial real estate experience within Keller Williams Realty,” said Norman. “We intend to build a strong commercial division paralleling the success and growth of the Keller Williams residential division." Announcement: KW Commercial Launch AUSTIN, TEXAS-March 20, 2008-We are pleased to announce that 2008 will mark the launch of the Keller Williams Realty Commercial Division [KW Commmercial]. Our goal is to make Keller Williams the commercial real estate platform of choice by providing our commercial associates the technology, marketing tools, and resources to succeed in their commercial businesses… We are also honored to announce that Buddy Norman, a true leader in commercial real estate, has joined the Keller Williams family to spearhead this new venture. Buddy has more than 15 years of experience in the commercial real estate industry — including leadership within international commercial firms, such as Cushman & Wakefield and The Staubach Company. He has built new divisions and trained commercial brokers all over the U.S. — including Dallas, Atlanta, Washington D.C. and San Diego. A consistent top producer, Buddy has averaged more than 400,000 square feet per year of commercial leasing and sales transactions over the last 10 years. Buddy will serve as the President of Keller Williams’ Commercial Division, and will be working closely with a Commercial Advisory Council (CAC) of top commercial brokers within our company that will guide the launch and implementation of this new division. We know that with the leadership of Buddy, our Commercial Advisory Council, and your input, we can truly build a Commercial Division that will create the commercial real estate platform of choice… Mark Willis, CEO, Keller Williams Realty, Inc.
Mary Tennant, President and COO, Keller Williams Realty, Inc. Press Release: Bimm Joins Keller Williams and KW Commercial
Contributed by: Laurie Anderson (and amended) DENVER, CO-January 7, 2008-The KW Commercial Group and the Denver Northwest Market Center of Keller Williams Realty International announced today that Steve Bimm has joined its team . "We are thrilled to have Steve join our team with his extensive background in land development and construction," said Heidi Greer Mosher, the Market Center Team Leader. "His experience will help carve a niche for himself in the Denver Northwest Market Center." Bimm has 30 years experience in the land development, heavy construction management, and civil engineering industries. In addition to real estate, he is the principal of his own land development consulting firm, Advanced Development Services Group, LLC. In real estate, Bimm specializes in vacant land sales and acquisition, marketing of development parcels, and bulk lot disposition and sales to builders. Heidi Greer Mosher, Team Leader/CEO, Keller Williams Realty Professionals Press Release: Keller Williams Realty International Launched a New Commercial Division Called KW Commercial
Provided by: Keller Williams Realty
Contributed by: Laurie Anderson DENVER, CO-August 25, 2008-Commercial real estate veteran Eric Nesbitt has joined KW Commercial to assist in the launch of the division in the Colorado marketplace. Nesbitt, a former broker with Jones Lang LaSalle, a real estate attorney, and the incoming President of the Denver Metropolitan Commercial Association of Realtors, is looking forward to the launch of the new division. "I am extremely excited about the launch of KW Commercial and the untapped commercial real estate opportunities that will be derived by networking with the more than 2,800 Keller Williams agents throughout Colorado."
Press Release: Keller Williams® Realty Vice Chairman Mo Anderson Honored by the Council of Real Estate Brokerage Managers AUSTIN, TEXAS (July 24, 2008) —Keller Williams Realty Vice Chairman Mo Anderson, CRB, has been announced as this year’s inductee into the Council of Real Estate Brokerage (CRB) Managers’ Hall of Leaders. The Hall of Leaders Award was established to honor CRB designees whose significant contributions shape and influence the real estate industry locally and nationally. Press Release: Keller Williams Realty Makes Strong Showing on Industry Surveys AUSTIN, TEXAS (June 26, 2008) — Every year, RisMedia and REAL Trends release two of the real estate industry's most comprehensive surveys: the RISMedia Power Broker Report and the REAL Trends 500. Both surveys rank the largest residential real estate brokerages in the U.S. based on both transaction sides and sales-dollar volume, and this year, Keller Williams Realty offices proved that they can thrive and grow during an up or down market, by making an impressive showing on the lists.
In RISMedia’s Power Broker Report, Keller Williams Realty had more offices listed in the top 700 offices than any other franchise brand. The survey also showed that Keller Williams Realty is the industry leader in the support and fostering of agent teams, with more agent teams than any other brand. Keller Williams offices also represented 55 percent of offices declared “Companies to Watch” in the industry, with the next closest competitor taking up only 9 percent of the list. On the REAL Trends 500 report, Keller Williams had the second highest number of offices in the top 500 compared to competitors.
Press Releae: Keller Williams Realty Continues Growth in 2007 AUSTIN, TEXAS (February 27, 2008) —Keller Williams® Realty Inc., the fourth largest real estate company in North America, announced positive growth numbers for 2007, showing an expansion in market centers to 659 and a growth in its roster of active licensees to 79,643. CEO Mark Willis emphasizes the significance of the company’s growth given the well-publicized downturn in the real estate market. “Research shows that the U.S. residential real estate market peaked in late 2005. In 2006 and 2007, the market experienced a two year decline of more than 20 percent in closed units,” says Willis. Yet, during that same period, Keller Williams Realty’s sales increased 8.4 percent. That means that over the last two years our company’s market share has increased by 36 percent nationwide.” “During the same two year period, we have seen a 42 percent increase in gross commission income and a 25 percent increase in the profit that we return to our associates through profit sharing,” adds Willis.
Announcement: Fort Collins Real Estate merges with Keller Williams
Fort Collins, CO (September 2008)--Fort Collins Real Estate is joining forces with Keller Williams of Northern Colorado to create the region’s only full-service residential and commercial company under a single roof, according to Keller Williams Operating Principal JoAnn Johnston.
The merger represents a ground-floor opportunity to launch Keller Williams International’s new commercial division in Northern Colorado, said Mike Jensen, who has owned Fort Collins Real Estate since 2003. Fort Collins Real Estate specialized in commercial, investment and residential real estate. Keller Williams of Northern Colorado has offices in Fort Collins, Loveland and Greeley, focusing primarily on residential sales. Fort Collins Real Estate’s 25 brokers and agents will join KW’s force of 192.
Press Release: People on the Move Denver Post (August 30, 2006)--The Colorado Association of Realtors awarded Steve Hewson, a Realtor with Keller Williams Realty Professionals, the Master of Real Estate designation. |