TCN netWORKING:  TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights

The Novel Coronavirus (COVID-19) has touched the lives and businesses of our friends, colleagues, and clients across the globe. As the global situation evolves daily, safety is our utmost concern for our communities, industry and our family of TCN Worldwide members. Never have our personal and professional networks been more critical. While we may be working remotely, we do not need to be isolated. We live in a time of great technology to help us keep connected.

TCN Worldwide has long-established processes to ensure our daily operations will operate business as usual. We can assure our community of commercial real estate professionals that we will continue to provide high-quality resources and up-to-date information as we continue to carefully monitor the situation, and follow guidelines provided by the Centers for Disease Control and Prevention (CDC)/World Health Organization (WHO) and local authorities.

As we have done for thirty years, TCN Worldwide will continue to provide the leadership, knowledge, and connections to help facilitate success in our industry no matter the economic climate. Rest assured, we are here to help you navigate through these uncertain times and be a resource for you to interpret this constantly evolving situation.


  CRE Industry News, Top Stories

CRE Leaders Share Best Office Property Practices on Coronavirus Safety (WEBINAR)

Connect CRE: Listen to the 40-minute webinar on the impact of COVID-19, moderated by Daniel Ceniceros, CEO of Connect CRE. This webinar discusses the business-operation ramifications for tenants of the ongoing public health crisis posed by the coronavirus.

Low Interest Rates Fuel Retail Refis

Globe Many retail owners are able to reduce their current interest rate by 100 basis points when refinancing.

Barry Sternlicht of Starwood Capital Group Sees V-Shaped Recovery in Stock Market

Connect CRE: Starwood Capital Group founder Barry Sternlicht told CNBC he expects the stock market to mount a fast recovery once the worst of the coronavirus outbreak is over. Added Sternlicht, “I ran Starwood Hotels through 9/11, through SARS, though the financial crisis. Hotels came back. Everything came back. This will be even faster because this is really a health-care scare. And all the bad news is roughly out there.”

  TCN News, Deal Announcements & Member Highlights

2020 DNA of #CRE—Help Lead the #CRE Conversation

TCN Update: For its 5th anniversary, Buildout and theBrokerList rebuilt the DNA of #CRE survey from the ground up using feedback on what CRE professionals want to know about the industry. That's why we're excited to be a promotional partner for this year's survey—to make sure as many people as possible inform and get access to CRE's trends and best practices. Please take a moment to take this brief survey.

Norris & Stevens/TCN Worldwide Brokers $5.3M Sale of Office Building in Southeast Portland

Member Deal Announcement: The property consists of a half city block which contains a 19,667 square foot two-story building and 10,000 square foot surface parking lot providing 30 spaces. At the time of sale, the property was 100% occupied by three tenants. Raymond Duchek and Thomas McDowell with Portland-based Norris & Stevens, Inc. represented the Seller, Mr. Pierce and Ms. Fuller, and a confidential Buyer in the transaction.

Landmark Commercial Realty Inc./TCN Worldwide in Harrisburg Announces Recent Transactions

Member Deal Announcement: Landmark Commercial Realty Inc. announced the completion of several recent transactions. Congratulations to Thomas T. Posavec, Bo Mangam, Sean Fitzsimmons, Andy Kohr, Roy H. Brenner, Drew Bobincheck, and Chuck Heller.

Signature Associates/TCN Worldwide in Detroit Announced Several Recent Land Transactions

Member Deal Announcement: Signature Associates announced the completion of several recent land transactions, including the sale of 913 acres in Las Vegas and 181 acres in Van Buren Twp., MI.


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