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CIRE Magazine

Editor's Picks

by John Salustri
by Anthony M. Graziano, MAI, CRE, FRICS, and Matthew S. Krauser, CRE, FRICS
by Gregg van Kipnis and C. William Barnhill, CCIM
by Robert Hand, CCIM

Poll

What is the greatest challenge facing your commercial real estate market in 2014?

Deal Makers

After sending a “have” message on CCIM Mailbridge for a 478-unit Budget Storage property in Cabot, Ark., Rollin Caristianos, CCIM, of Trademark Real Estate in Hot Springs, Ark., received a response from Todd Rice, CCIM, of Colliers International in Little Rock, Ark. Despite the complexities of the transaction, the CCIM team was able to close the deal within 90 days. “Rollin’s experience as a fellow CCIM was critical in understanding how to dissect this complex property,” says Rice who represented the buyer, Mini Storage Service Co. LLC in the $2.7 million deal. Caristianos represented the buyer Robert Brooks Properties LLC and credits Mailbridge and cash flow analysis models in helping make this transaction a success. “As a fellow CCIM, Todd understood all the cash flows, rents, and details necessary to close the deal,” Caristianos says.  

CIRE Power Bar

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