TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

Shannon Waltchack Partner Derek Waltchack launched Brokerlord, a new podcast that features interviews with top commercial real estate dealmakers who began their careers as commercial brokers and have made a name for themselves as owners and landlords. Derek travels across the country to interview 50 brokers from 50 states, aiming for one in each state. Click to learn more.

The first season features five TCN members including, Texas with Bob Cromwell, II, California with Barry Beitler, Arizona with Jon Rosenberg, Colorado with Marc Lippitt, and Alabama with Len Shannon. Each episode begins with the story of their first deal and continues with successes and failures along the way. Brokerlord explores how to make the transition to ownership, sourcing equity, finding deals, life lessons and so much more.

“I hope this show will empower thousands of brokers to take their first steps towards ownership. It’s been my experience that 90% of brokers will never own assets that they understand better than most. I hope to change that,” said Waltchack.

Pandemic Creates Surging Demand for Cold Storage Industrial

GlobeSt.com: The new demand will require that food-delivery service companies re-structure their supply chain and expand their real estate footprint.

How Loan Workouts Are Going, According To The Experts

Bisnow: One of the most important ways successful borrowers are doing that is by being realistic about the extent of relief they can get from their lenders, the panelists said.

A Closer Look at Energy Retrofit Financing

Commercial Property Executive: More aggressive approaches to funding are needed in order to meet long-term climate goals, according to a recent ACEEE webinar.

Triumph Real Estate Investment Fund II Agrees to Acquire Industrial Flex Property for $4,675,000

Member Deal Announcement: Triumph Real Estate Investment Fund, a Canadian Investment Fund associated with TCN member firm Barclay Street Real Estate, agrees to acquire industrial flex property for $4,675,000. Jon Rosenberg, Jason Reddington, and Keri Davis with Levrose Commercial Real Estate/TCN Worldwide negotiated this acquisition on behalf of Triumph.

Pacific Coast Commercial/TCN Worldwide in San Diego Sold 8705-8707 Complex Drive for $2,300,000

Member Deal Announcement: The current surgical center sold for $2,300,000 and closed escrow on 9/15/2020. The buyer plans to remodel the building which will become a state-of-the-art facility for the Cardiovascular Institute of San Diego. Congratulations to Bo Gibbons, Liam Teer, and Vince Provenzano who represented the seller.

Unique Properties/TCN Worldwide in Denver Welcomes Three New Broker Associates

Member Announcement: Welcome to Emma Schilling, Will McCauley, and Luke Stephens! Emma Schilling joined Unique Properties as a broker associate and both Luke Stephens and Will McCauley joined Unique Properties' Apartment Group as broker associates.