Consulting Corps Travels to Houston
St. Andrew’s Presbyterian Church
A team of five Counselors recently provided its expertise and recommendations to the leadership of St. Andrew’s Presbyterian Church in West University Place, Texas, helping the institution leverage its real estate to meet operational and long-term goals.
The scope of the assignment was to develop a strategic plan for the highest and best use of St. Andrew’s real estate assets and recommend solutions to accommodate future growth of the congregation and student body. A utilization study also provided guidelines for the development of a predictable cash flow from the real estate that will contribute to the church’s mission and its long-term financial stability.
The Consulting Corps team consisted of Team Leader Steve Norris, CRE, MAI, principal of Norris Realty Advisors in Pasadena, CA; Bob Dietrich, CRE, MAI, vice president of Kidder Mathews in Los Angeles; Brent Palmer, CRE, MAI, executive vice president of New Tower Trust Company in Chelan, WA; Jerry Turner, CRE, MAI principal of T4 Investment Solutions LLC in Houston; and Ted Whitmer, CRE, MAI, of the Ted Whitmer Companies in College Station, TX.
Does your community or local nonprofit need help with a real estate challenge? Customized Consulting Corps teams provide objective analysis and strategic, market-driven counsel on how to best leverage a client’s real estate assets. Counselors volunteer their time and expertise, providing the highest levels of industry knowledge at well below market rates. Contact Samantha DeKoven at sdekoven@cre.org to suggest a project or for more information.
Disaster Response Group Takes Action
Counselors are known for supporting each other and giving back to their communities and industry. As the frequency and intensity of hurricanes and other disasters has increased in recent years, The Counselors of Real Estate has begun formalizing efforts through the new Disaster Response Group to assist members and their clients and communities. In addition to reaching out to members to offer support in response to disasters, we are assembling a volunteer team to take calls from Counselors seeking assistance in areas hit by disaster. In addition, we have developed a list of disaster-related resources with key insights from CREs. These resources will be available soon at cre.org and we welcome comments and additions.
Please contact Constantine Korologos, CRE, for more information or to join the Disaster Response Group.