THO Claims Hermes Awards

The Hoyt Organization was recently awarded three Hermes Creative Awards for 2011:

Hermes Creative Awards, Gold Winner 
Push Communications, “Jonathan Lansner on Real Estate”
Lee & Associates 

Hermes Creative Awards, Gold Winner 
Media Writing, “Masters of Modern Retail Design”
RTKL 

Hermes Creative Awards, Honorable Mention 
Online Placement, "Chris Cooper as New CEO"
Charles Dunn Company


View the entire winner list here.

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Lee & Associates Opens Office in Kansas City

The leading national commercial brokerage company strengthens its Midwestern presence

KANSAS CITY, Kan. — April 11, 2011 — Lee & Associates, one of the largest commercial real estate brokerage firms in the country, has taken another important step in strengthening its Midwest presence by opening an office in Kansas City, Kan.

Kansas City-based Harbinger Property Group joins Lee & Associates, giving Lee its second office in the Kansas region (accompanying St. Louis, Mo.) and helping Lee expand its Midwest footprint to eight offices. Lee & Associates now has 42 offices nationwide and remains committed to its expansion campaign that is scheduled to continue through 2011.

Edward J. Indvik, chairman of the Lee Advisory Board and vice chairman of Lee & Associates Investment Services Group, called Lee’s new office another important link in the firm’s national strategy.

“Kansas City marks an important strategic hub for our Midwest expansion plans,” Indvik said. “It provides expanded scale and coverage to our other seven Midwest locations in the states of Illinois, Michigan, Missouri, Wisconsin and Indiana, which just opened in September, thereby providing additional value to our existing national presence and client base.”

Read the full story here at Lee & Associates corporate website. 

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Obama Administration Overhauling Mortgage Market

The Obama administration on Friday release its long-awaited proposal for overhauling the mortgage market, calling for gradually shutting down bailed-out Fannie Mae and Freddie Mac and reducing the government's now huge role in housing finance.

In a move that would affect Southern California and other high-cost areas, the 32-page plan calls for phasing in an increase in the down payment required for loans by Fannie and Freddie to 10%, while reducing the maximum size of mortgages they can back.

Read the full article at the Los Angeles Times.

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Making the Most of Today’s Markets Video

Vice Chairman at Lee & Associates Ed Indvik was featured on Commercial Property Executive's TV section in an interview titled, "Making the Most of Today's Markets." Indvik provides insight on finding opportunities in today's market and also what's in store for Lee & Associates. Check out the entire video above or on CPE-TV.

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THO Snags Five PRSA Awards

The firm received one PRism award and four awards of excellence from the PRSA 

TORRANCE, Calif. - Nov 30, 2010 – The Hoyt Organization, a full-service public relations agency based in the South Bay, received one Prism award and four awards of excellence from the Public Relations Society of America, Los Angeles chapter (PRSA-LA). The agency, which specializes in representing national real estate and professional services firms, was honored for feature article writing on behalf of RTKL Associates Inc., excellence in its ongoing public relations program for Lee & Associates, as well as the firm’s corporate newsletter, digital push communications tactics and an online media placement for Charles Dunn Company. 

(L to R) Kent Barrett, Medha Paliwal, Mike Besack, Ashley-Marie Olgado, Erik Hamilton, Amy Hanoa, Jordan Ikeda.

“This is a testament to the dedicated team we have working for our clients,” said Leeza Hoyt, APR, president of The Hoyt Organization. “This is an extremely competitive event and we compete with major national public relations firms. We are truly honored with this recognition.”

The 2010 PRism Awards was open to all public relations firms in the Los Angeles area, which included major national firms vying for awards in 65 categories.

To date, The Hoyt Organization has won more than 100 awards from national communications associations including the PRSA. Based in Torrance, Calif., the 25-year old agency has represented some of the industry’s most prestigious firms including Lee & Associates, a national real estate brokerage firm; RTKL, an international architectural firm; and Coldwell Banker Residential Brokerage, a leading national residential brokerage firm.

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Gumbiner Savett's VP on Distressed Assets

Real Estate Tax Planning for 2010: Dealing with Distressed Assets

By David Thaw, Vice President, Gumbiner Savett Inc.

With the continued downturn in the real estate markets, the one topic that many will wrestle with at this time of year is their year-end tax strategy: What do we do with these distressed assets?

There are a number of options when it comes to dealing with non-performing assets, and much of it depends on the status of the property. The loan may be heading for default or the owner may have already completed a workout with the lender. No matter what the action, it is prudent to consider the tax consequences to ensure that your choice provides the best outcome in the long run.

View David's full article here.

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Nadel's Greg Lyon Speaks at ICSC

SAN DIEGO, Calif.-Tenants are warming up to urban areas and are starting to expand again despite the recession. The main reason, says Greg Lyon a design principal at architecture firm Nadel, speaking here at the recent International Council of Shopping Centers conference. He also tells us why the mall isn't dead.

View the full video here

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