Author: kEygrOup

Chattanooga, Tenn. (February 26, 2024) – Sperry Commercial Global Affiliates (SperryCGA), a leading commercial real estate firm specializing in the investment sales brokerage, leasing brokerage, business brokerage, property management and investment of commercial real estate, today announced that RealSmart, is joining SperryCGA as an affiliate under the name SperryCGA – RealSmart.

Led by owner Ben Van Gaasbeek, SperryCGA – RealSmart specializes in investment sales, property management and development of commercial and residential real estate in the Chattanooga, TN-GA MSA.  Throughout his 20-year career, he has completed transactions valued at over $100 million.  Additionally, he is currently developing both residential and commercial projects.

“Sperry has an impressive brand, offering many complementary services to its franchisees and clients,” said Van Gaasbeek. “The resources they provide are unmatched in the market. In addition, their knowledge and depth of experience to assist their national affiliate offices are exactly what we were looking for as we grow.”

Van Gaasbeek continued by saying “I was also drawn to Sperry because of the leadership and the culture.  The Sperry organization is very unique and collaborative in the services they offer their affiliates.  They are focused on my success with many resources and a great deal of teamwork that enables that to happen.”

“RealSmart is a great asset to our team and clients,” said Mark Hinkins, global president at SperryCGA. “We are aggressively and strategically looking to expand throughout the United States and internationally. Beginning in 2024, we are launching our master country franchise program in Vietnam and India and making them available for select countries around the world.  Sperry has the platform, collaboration, technology, and culture to attract key brokerage offices and teams to the firm.”

About Sperry Commercial Global Affiliates

Sperry Commercial Global Affiliates offers the highest level of leasing, investment sales, property management and investment commercial real estate services available through a thoughtful, cooperative, and ethical practice. Founded by CEO Randy Sperry, the firm is headquartered in Irvine, California.  Created for qualified experienced brokerage offices and teams, this value-based model allows the Affiliate to achieve national brand presence and collaborate with a network of Affiliates to compete with other national brands. For more information, visit www.sperrycga.com.

Will Expand the Company’s Presence in the Southeast

Irvine, Calif. (November 27, 2023) — Sperry Commercial Global Affiliates announced today that Integrated Assets, based in Memphis Tennessee, is joining as an affiliate serving the greater Memphis metropolitan area, northern Mississippi, and northeast Arkansas. Led by Principal Broker Glenn McDonald, Integrated Assets specializes in multi-family, property development, hospitality, retail, and small office.

“I’m excited to be part of the trusted Sperry team,” said McDonald.  “There’s an opportunity to network, build relationships, and continue to learn and grow through the training programs offered. Sperry is focused on helping affiliates succeed and there’s a great deal of collaboration. The core values of the organization strongly align with my focus and it’s a great fit.”

McDonald is a seasoned real estate professional with a comprehensive skill set. He is pursuing CCIM certification and MAI designation and is a member of the Appraisal Institute and the National Association of Realtors in Tennessee, Mississippi, and Arkansas. He is a Certified Distressed Property Expert, Independent Insurance Adjuster, and Licensed Real Estate Appraiser. McDonald has extensive local knowledge and resources in the Tri-state metro areas. He holds a Bachelor of Business Administration in Real Estate Finance and Development from the University of Memphis.

“Glenn is a great addition to our team,” said Mark Hinkins, global president at Sperry Commercial Global Affiliates.  “His skill set and ability to build relationships with clients have led to great success. He has great insights and extensive real estate knowledge and expertise. His experience will be valuable as we expand our footprint in this region.”

About SPERRY Commercial Global Affiliates, LLC

Sperry Commercial Global Affiliates, LLC offers the highest level of commercial real estate services available through thoughtful, cooperative, and ethical practices. The firm is headquartered in Irvine, CA, and has built a multi-disciplined franchise platform providing affiliates with the opportunity to provide clients with a full-service solution across leasing, sales, business brokerage, real estate finance, investment, property development, and property management. CEO Rand Sperry specifically designed the company to be able to weather the economic downturns and negative real estate trends that have occurred throughout history.  Created for successful market-leading local and regional brands and providing a springboard for smaller and regional brokerage houses and teams, the Sperry model allows the Affiliate to maintain national brand presence and collaborate with a network of Affiliates in order to compete with other national brands. Unique to Sperry Commercial Global Affiliates, LLC are a system of cutting-edge CRE tools for Affiliates named SperryCENTRAL, a custom designed marketing support software system called SperryLINK, and Sperry University for 24/7 access to training and coaching, among other immediate industry advantages. For more information, visit www.sperrycga.com.

Irvine, Calif. (May 30, 2023) — Sperry Commercial Global Affiliates (SperryCGA), a National commercial real estate firm, has announced the launch of its Commercial Property Resolution (C.P.R.) team. The C.P.R. team consists of consultants known to maximize the value and return of capital from commercial assets that may have a loan maturing, a low DSCR or high LTV. The team provides immediate underwriting solutions nationwide to real estate clients and financial institutions to address these challenged assets.

“By expanding SperryCGA’s consultancy services into a full-service national solution platform, we demonstrate our ability to adapt quickly to changing market dynamics while providing essential services to investors, lenders and special servicers,” said Mark Hinkins, CCIM, FRICS, President of SperryCGA. “SperryCGA’s franchise model has emerged as a competitive alternative to larger commercial real estate firms.”

With the help of strategically engaged partners, SperryCGA’s C.P.R. team will provide custom solutions to its clients based on their needs and business goals. Furthermore, the team will provide various options and creative strategies to protect the client’s interests as top priority.

Our National strategic partners include 1st Service Solutions, specializing in loan workout solutions and our preferred transaction platform is Ten-X, the world’s largest, online commercial real estate exchange. Other regional and local strategic partners include receivers, attorneys, and property managers.

“Our goal is to provide unparalleled services to our clients and act as their trusted partners throughout the entire process,” said David Baird, National Director of Institutional Investments at SperryCGA. “We are focused on a team approach to provide the best services nationwide, ensuring that our clients can make informed decisions about their commercial properties.”

“Overall, it is estimated that approximately $400 billion of commercial real estate loans will mature in 2023 and $500 billion will mature in 2024. At the same time, interest rates are increasing, property values are declining, vacancy rates are rising, regional banks are failing, inflation is soaring, and a recession is probable” said Ann Hambly, CEO and Founder of 1st Service Solutions. “There has never been a more important time than now in our industry to equip clients with workable solutions as they face this uncertain future. I am thrilled to be a part of this incredible resolution team.”

“Ten-X is very excited to be chosen as the preferred digital transaction platform for Sperry CGA’s newly launched Commercial Property Resolution (C.P.R.) team.” Said Brandon Lewe, VP of Sales at Ten-X, “ Over the past 14 years the Ten-X platform has been leveraged by Brokers and Investors to transact over $31B worth of commercial real estate online. We look forward to expanding our relationship with Sperry’s new C.P.R team and provide best in class service to their clients.”

SperryCGA has been built on the cornerstone of cooperation. The consultants on the C.P.R. team embrace this philosophy to maximize the resolution of their clients’ assets.

About SPERRY Commercial Global Affiliates, LLC
Sperry Commercial Global Affiliates, LLC offers the highest level of commercial real estate services available through thoughtful, cooperative, and ethical practices. The firm is headquartered in Irvine, CA, with 61 affiliate offices across the United States. The first international affiliate office was opened in April, 2021 in Mexico City. CEO Rand Sperry specifically designed the company’s value-based franchise model to be able to weather the economic downturns and negative real estate trends that have occurred throughout history.

About 1st Service Solutions, Inc.
1st Service Solutions is the nation’s leading borrower advocacy firm founded in 2005 by Ann Hambly. To date, the firm has advocated on over $35B of commercial real estate on behalf of owners. The firm specializes in assumptions and workouts on all property and loan types nationwide. We equip owners with the necessary insight, analytics, and knowledge of the rule book to allow them to make fully informed decisions.

About Ten-X
CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives. Ten-X, a brand within CoStar Group, is the world’s largest, online commercial real estate auction platform. The Ten-X platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close deals.

Media Contacts:
David Baird, David.Baird@SperryCGA.com, 702-349-4920
Cheryle Powell, Cheryle.Powell@SperryCGA.com, 720-330-4333

Irvine, Calif. (February 14, 2023) — Sperry Commercial Global Affiliates announced today that Venture Realty, based in Louisville, Kentucky, is joining as an affiliate to expand the company’s presence in the Midwest region. Venture Realty’s market reach spans in Indiana, Ohio, Kentucky, Tennessee and Texas. The brokerage, led by Wesley Odle III, Principal Broker, is a client-centric organization focused on creative, out-of-the-box deal structuring.

Venture Realty’s services include brokerage, investment, and development with specialties in industrial, retail, multi-family and land.

“Being part of Sperry will enable us to expand our presence and work beyond our immediate geography,” said Wesley Odle. “SperryCGA is highly regarded in the market and offers a national network of like-minded team members who support each other. They provide great support to all franchisees and offer exciting opportunities for expansion and growth.”

Through National Exchange groups, Venture Realty has developed creative ways to work through difficult situations and times.  They are able to adapt to the market whether rates rise or fall and always ensure clients achieve their objectives. This often involves multi-leg deals with several parties involved in a single transaction.

Odle is a multi-state licensed Real Estate Broker with more than 22 years of commercial experience. He has also served in the following capacities:

• Aero Club of Louisville – Life member and president (2011-2012)
• Lifestyle Private Adult Care Home – Owner/Operator
• City of Meadowview Estates – City Commissioner (2017-18, 2023)
• President/CEO – National Loss Prevention Services, Inc.
• Executive VP/GM – Sonitrol Loss Prevention of Louisville
• University of Louisville – Crime Prevention Institute Instructor
• Jefferson County Fire – Firefighter/EMT/Rescue/Diving
• KREE – Kentucky Real Estate Exchangors – Past President/Current Board Member

About SPERRY Commercial Global Affiliates, LLC

Sperry Commercial Global Affiliates, LLC offers the highest level of commercial real estate services available through thoughtful, cooperative, and ethical practices. The firm is headquartered in Irvine, CA, with 61 affiliate offices across the United States.  The first international affiliate office was opened in April 2021 in Mexico City. CEO Rand Sperry specifically designed the company’s value-based franchise model to be able to weather the economic downturns and negative real estate trends that have occurred throughout history.  Created for the smaller and regional brokerage houses & teams, this value-based model allows the Affiliate to maintain national brand presence and collaborate with a network of Affiliates in order to compete with other national brands. Unique to Sperry Commercial Global Affiliates, LLC are a system of tools for Affiliates that include a comprehensive real estate intranet and transaction management platform named SperryCENTRAL and a custom designed marketing support software system called SperryLINK, among other immediate industry advantages. For more information, visit www.sperrycga.com.

Irvine, Calif. (June 14, 2023) — Sperry Commercial Global Affiliates announced today that Laguna Hills-based MSC Business Brokers is joining as an affiliate to lead the company’s Business Brokerage Division for business owners seeing an exit strategy or diversification. The brokerage, led by Larry Kozin, CEO, and John Bellave, President, have over 40 years of experience and have sold more than 1,000 businesses nationwide.

“We’re excited to join Sperry and to establish a national network of Sperry affiliates that specialize in business brokerage, utilizing their platform and our expertise in this particular market,” said Larry Kozin. “It was a strategic move for MSC to affiliate with a company that has the credibility, the longevity, and the resources to help us reach our goals of national expansion and diversification into commercial real estate.”

“Sperry has a national presence, market credibility and reputation, and an impressive leadership team,” said John Bellave. “It’s exactly the type of organization we were looking to partner with.”

MSC Business Brokers specializes in licensing, a new area of expertise within business brokerage. The company has partnered with Sperry to provide a low cost of entry to interested affiliates and an ongoing royalty that is much lower than what other franchise systems charge. Affiliates also have access to a free lead system, MainStreetChamber, an organization that provides entrepreneurs and small business owners with resources to help them succeed. Business brokers can join Sperry as an affiliate, get their commercial real estate license, and expand into the other products and services that Sperry offers.

Larry Kozin serves as CEO of MSC Business Brokers. He has built sales teams in the thousands in multiple organizations. He is a co-author of the best-selling book Cracking the Code to Success, with renowned author and sales expert Brian Tracy.

John Bellave is President of MSC Business Brokers. His entrepreneurial spirit and leadership help drive the company’s vision. A dynamic speaker, he is well respected in the relationship marketing industry and is considered by many to be one of the most effective trainers and motivators.

About SPERRY Commercial Global Affiliates, LLC

Sperry Commercial Global Affiliates, LLC offers the highest level of commercial real estate services available through thoughtful, cooperative, and ethical practices. The firm is headquartered in Irvine, CA, with 61 affiliate offices across the United States.  The first international affiliate office was opened in April 2021 in Mexico City. CEO Rand Sperry specifically designed the company’s value-based franchise model to be able to weather the economic downturns and negative real estate trends that have occurred throughout history.  Created for the smaller and regional brokerage houses & teams, this value-based model allows the Affiliate to maintain national brand presence and collaborate with a network of Affiliates in order to compete with other national brands. Unique to Sperry Commercial Global Affiliates, LLC are a system of tools for Affiliates that include a comprehensive real estate intranet and transaction management platform named SperryCENTRAL and a custom designed marketing support software system called SperryLINK, among other immediate industry advantages. For more information, visit www.sperrycga.com.

Will Expand the Company’s Presence in the Dallas/Fort Worth Metroplex

Irvine, Calif. (November 2, 2023) — Sperry Commercial Global Affiliates announced today that The HKC Group is joining as an affiliate in the Dallas/Fort Worth Metroplex.  Led by Owner and Managing Director Heather Konopka, CCIM, The HKC Group specializes in navigating the intricacies of investment sales, land development, 1031 exchanges, industrial, and multi-family.

The HKC Group utilizes industry-leading marketing tools, statistical and analytical resources and extensive research to keep clients connected to market data and insights that enable them to capitalize on the local market. The brokerage provides solution-based services for clients based on market knowledge with an emphasis on caring for clients’ needs.

“We’re excited to join the Sperry team,” said Heather Konopka. “I was drawn to Sperry because of the culture and philosophy that Rand Sperry established many years ago. It’s a great fit for our organization where we foster lasting business relationships based on mutual trust and getting results for our clients.”

Heather Konopka has more than 25 years of commercial real estate experience. She has earned CCIM distinction and is a CCIM instructor. She received the Globe St. Women of Influence Award for Investment Sales in 2022 and the National Association of REALTORS (NAR) National Commercial Award in 2018. In 2017, she was awarded the William C. Jennings Texas Association of Realtors Outstanding Commercial Transaction of the Year.

About SPERRY Commercial Global Affiliates, LLC Sperry Commercial Global Affiliates, LLC offers the highest level of commercial real estate services available through thoughtful, cooperative, and ethical practices. The firm is headquartered in Irvine, CA, with 61 affiliate offices across the United States.  The first international affiliate office was opened in April 2021 in Mexico City. CEO Rand Sperry specifically designed the company’s value-based franchise model to be able to weather the economic downturns and negative real estate trends that have occurred throughout history.  Created for the smaller and regional brokerage houses & teams, this value-based model allows the Affiliate to maintain national brand presence and collaborate with a network of Affiliates in order to compete with other national brands. Unique to Sperry Commercial Global Affiliates, LLC are a system of tools for Affiliates that include a comprehensive real estate intranet