Today we talk with David Verwer, Director of Real Estate Operations, Mode Commercial to discuss the ins and outs of property management as well as office vacancy and the return to the physical office to explore what David is seeing firsthand as the director of operations for a leading property management firm focusing on Office, Retail, and Industrial properties within the Phoenix metro area.
Today we talk with David Verwer, Director of Real Estate Operations, Mode Commercial to discuss the ins and outs of property management. David discusses several key components of property management, from leasing to maintenance as well as how years as a broker [David received the prestigious CCIM designation in 2002] have put him in the unique position of understanding all aspects of the commercial real estate business and allows him to relate to all sides of the table.
We also take a look at office vacancy and the return to the physical office to explore what David is seeing firsthand as the director of operations for a leading property management firm focusing on Office, Retail, and Industrial properties within the Phoenix metro area.
Key Discussion Points
[00:17] Welcome and introduction by Eric Odum
[00:31] About our guest, David Verwer
[01:11] Tell us about your background, your company, and your role with your company
[02:52] What is CCIM (a very prestigious certification)
[04:17] What markets do you cover?
[05:33] What are the boundaries of the services you provide?
[07:43] Tell us about your 3 main asset classes and how they're doing: Office, retail, and industrial
[09:28] How do you manage economies of scale?
[11:25] What's the difference between an engineer and a day porter?
[12:33] Do you do repairs "in-house" or do you outsource it?
[14:20] Are you seeing what the press is saying, that no-one wants to come into the office anymore?
[18:42] What is happening with office vacancy right now?
[21:15] Are you seeing companies trying to get their employees back in the office?
[22:37] How can folks get in contact with you?
David Verwer CCIM
Director of Real Estate Operations
Mode Commercial • TCN Worldwide
David Verwer joined MODE Commercial Property Management in 2017, with over 30 years of experience in Brokerage, Investment Sales and Commercial Leasing and Property Management. He began his career in Northern California as Senior Vice President of Property Management for more than 6,000 apartment units, and a decade later, Dave transitioned into commercial real estate brokerage building a new commercial investment division for RE/MAX Napa Valley, then moved on to Coldwell Banker Commercial Napa Valley. In 2002, David earned the prestigious CCIM Designation (Certified Commercial Investment Member), and moved his family to Scottsdale, where he obtained his Arizona real estate broker license.
He was the Central Arizona CCIM Chapter President in 2008 and Chair of Legislative Affairs for CCIM National in 2010. Dave earned a Bachelor of Arts degree in Business and Economics from Westmont College.
In his role as Director of Real Estate Operations he shares his leadership skills, experience and enthusiasm with the team. He focuses on company operations, long term strategies for clients and MODE Commercial, and is currently pursuing his Certified Property Manager (CPM®) designation.