NAIOP Charlotte News
 
NAIOP is the nation’s leading trade organization representing the commercial real estate development industry including industrial, office, mixed-use, retail, multi-family, and related commercial real estate providers. NAIOP Charlotte Chapter offers opportunities for networking, education, advocacy and business exchange. Visit www.naiopcharlotte.org for more information.
 
   Upcoming Events
 
O C T
24
Tues
Developing Leaders Leadership Lunch Club - SOLD OUT
Join your peers at NAIOP Charlotte’s Leadership Lunch Club event on Tuesday, October 24. Jim Merrifield, Managing Partner, Merrifield Patrick Vermillion, will lead a discussion at this exclusive Developing Leaders event.
 
 
D E C
TBD
NAIOP Charlotte Annual Meeting
More information coming soon.
 
 
 
 
M A R
22
Thurs
Save the date for the 2018 NAIOP NC Conference on March 22-23, 2018 at the Pinehurst Resort. Registration will open in November.
 
 
 
   Member News
 
We are proud to introduce our new association members.
 
On September 19, 2017, NAIOP Charlotte hosted a breakfast that discussed Moving people and products into, around and outside of Charlotte with bikes, automobiles, trucks, airports, light rail, and trains.
 
Thank you to everyone who came out on Monday, October 2 for the NAIOP Charlotte and CRCBR Annual Golf Tournament at Carolina Golf Club. Congratulations to all of our tournament winners.
 
Are you interested in going beyond local NAIOP relationships by networking with other executives from across North America in your industry segment? Learn about the benefits of participation, eligibility requirements and how to apply to the three types of Forums.
 
Members on the Move
We want your news! Send us updates on your company, job changes, new projects, etc. Send press releases and more information to info@naiopcharlotte.org.
 
   Legislative
 
After months of discussions behind closed doors, a group of six policymakers is scheduled to pull back the shades this week – perhaps as soon as Tuesday – and put out an outline for comprehensive tax reform. After the outline is released, “the tax-writing committees are going to take feedback and input, and then they’re going to go produce their bills in the weeks ahead,” House Speaker Paul Ryan says.
 
Lawmakers are focusing their attention on tax reform this month. The Senate Finance Committee will hold a hearing this week to collect testimony about business tax reform proposals. That follows a similar session last week to discuss individual reform.
 
On Thursday, September 7, the United States Senate voted to pass a three-month extension of the National Flood Insurance Program (NFIP). The House of Representatives is expected to pass the legislation on Friday, September 8, 2017, and the President is expected to quickly sign the bill into law later in the day.
 
   Industry News
 
Between rising costs, dwindling talent pools and looming uncertainty, today’s construction leaders are grappling with some seriously disruptive forces. But a closer look at each of these “disruptions” reveals some serious opportunities, too, as the sector begins to ramp up its technology strategy.
 
What do office and retail property owners need to know about triple net leases? A commercial real estate project’s value is typically based on its net operating income, which equals rental income minus operating expenses. The allocation of operating expenses between the landlord and tenants is, therefore, an important factor in the project’s value. Most commercial leases use some variation of two basic operating expense allocation models.
 
Millennials, Gen-Xers and baby boomers have distinct demographic profiles and approach jobs, debt and their living situations differently, Pew Research Center senior researcher Richard Fry, Ph.D., tells GlobeSt.com. Fry will be presenting the session “Piecing Together the Population Puzzle” during NAIOP’s CRE.Converge conference in Chicago Oct. 10-12.
 
 
NAIOP Charlotte
1300 Baxter St., Ste. 360
Charlotte, NC 28204
704-940-7383
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Thank you to our 2017 Cornerstone Sponsors
Capstone
Archstone
Bohler Engineering | Choate Construction Company
InterCon Building Corporation | Northwood Office LLC
Rodgers Builders | The Fallon Company
Foundation
Beacon Partners | Childress Klein Properties | Clancy & Theys
ECS Carolinas | Elliott Davis | GreerWalker
Horack Talley Pharr & Lowndes | KDC Real Estate Development
Land Design | Lincoln Harris | MCI | SteelFab, Inc.
The Keith Corporation | Trinity Capital Advisors