85: A Look at Real Estate in North Alabama with D. Scott McLain

ACRE Data Analytics Coordinator Stuart Norton talk to D. Scott McLain, CCIM, principal and managing broker of Coldwell Banker Commercial McLain Real Estate about real estate and economic development in north Alabama including updates on retail, multi-family, land and residential sectors. 

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D. Scott McLain, CCIM, of Huntsville, Alabama, is Principal and Managing Broker of Coldwell Banker Commercial McLain Real Estate. McLain has served as Southern Division Chair of Governmental Affairs for the International Council of Shopping Centers (ICSC). Additionally McLain serves as Chair of the Retail Group of Coldwell Banker Commercial globally and also has served as member of the Coldwell Banker Commercial National Advisory Board. McLain is a retail developer, an advocate for downtown redevelopment, and a proponent of adaptive reuse of existing real – estate improvements. Very active in local, state, and national civic, political, and professional activities, McLain holds a degree in Public Policy from Duke University and a Juris Doctor degree from Cumberland School of Law. Most recently, McLain graduated from the Harvard University Graduate School of Design (GSD) for the Advanced Management Development Program (AMDP) designation in commercial real estate (2007), and serves on the Harvard GSD Alumni Council.

Scott is a member of ACRE's Leadership Council.

84: The Importance of Design, Functionality& Vision Collaboration with Callan Childs and Amanda Loper

Callan Childs, Director of Design and Development for Sloss Real Estate and Amanda Loper, Principal at David Baker Architects, join ACRE Data Analytics Coordinator Stuart Norton to share how they partnered together to create a unique space with intentional design at Pepper Place in Birmingham.

As urban placemakers, they create unique spaces to draw people back to Birmingham’s urban core. Working together, their synergy has been instrumental in the design and connectivity of Birmingham’s creative Pepper Place district. Their latest project was bringing James Beard award-winning ice cream maker, Jeni Britton Bauer, to Birmingham with her first-ever Alabama-based store and the first ground up building in Pepper Place in over 10 years. Childs and Loper talk through the space evolution, decision making process and lessons learned.

The focal point of Birmingham’s Lakeview Design District, Pepper Place is among Birmingham’s 24 commercial revitalization districts that are subject to design review protection. This highly visible renovation project has been celebrated in numerous newspaper and magazine articles and a CNN television feature.

83: A Conversation with 2021 CCIM Global President Tim Blair

2021 CCIM Global President Tim Blair joins ACRE Data Analytics Coordinator Stuart Norton to discuss CCIM's plans for 2021, his outlook for 2021, and the pandemic's impact to CRE development and brokerage activity.

Tim Blair is a partner at Shannon Waltchack in Birmingham, Alabama. Shannon Waltchack is a full-service real estate firm that manages, brokers, develops, and acquires property across the southeast. Blair leads the firm’s commercial real estate capital preservation fund which is focused on purchasing neighborhood centers in affluent communities with necessity-based service tenants. A veteran real estate professional, he has been in the real estate industry for more than 25 years and a principal at Shannon Waltchack since 2010.

In addition currently serving as CCIM Institute’s Global President in 2021, Blair was the 2017 National Association of Realtors Commercial Advocate of the Year and is also a Life Member of the Birmingham Association of Realtors’ Commercial Million Dollar Sales Club. Blair received his bachelor’s degree from Colorado College and his MBA from the University of Virginia’s Darden School of Business.

Blair is actively involved in multiple local non-profits including Mainstreet Alabama and the YMCA. After being Board Chair for several area branch YMCA’s, he currently serves as Chairman of the Board for the Birmingham Metro YMCA Association. He and his wife, Barbara, have two children and attend St. Francis Xavier Church.

82: Profiles in Real Estate - Chad Hagwood

ACRE Data Analytics Coordinator Stuart Norton interviews Lument Senior Managing Director & Southeast Regional Director, Originations Chad Hagwood about how he became interested in commercial real estate, his viewpoint on how coronavirus is affecting commercial real estate finance, and about Hunt Real Estate Capital's transition to Lument. Lument is a member of ACRE's Alabama Cabinet.

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CHAD'S MANTRA – “Go above and beyond every day!”

CHAD'S MISSION – It’s my mission to deliver outstanding value and exceptional service and results to my customers! I use my years of experience, knowledge, and deep relationships with the commercial real estate capital markets to ensure that my customers receive the best possible deal terms and that their transactions are closed with efficiency, certainty, and integrity and continue to serve their needs after the close.

RESULTS MATTER - "Customers pay for results, period. Results come from passion, expertise, and closing a lot of deals over many years and cycles in this business. CONSISTENT RESULTS alone are the ultimate standard that cut through the noise and separate those that can do from those that cannot." Chad Thomas Hagwood

WHAT CHAD DOES – I am a direct lender and an expert in financing multifamily properties and manufactured housing communities (MHCs) across the nation. I am an advocate for my great customers and carefully guide them through the nuances and pitfalls of commercial real estate finance while providing them with the white-glove service they expect and deserve. I am a leading specialist in Fannie Mae, Freddie Mac, FHA and CMBS loans. My team and I pride ourselves on delivering what others cannot, and by doing what we say we will do, when we say we will do it. Most importantly, I love what I do!

WHAT LUMENT DOES - LUMENT is a leading nationwide direct lender in multifamily, manufactured housing and commercial real estate finance. We are an entrepreneurial and customer-focused lender. WE ARE DEAL MAKERS - NOT BANK BUREAUCRATS. We are one of a small number of lenders to offer Fannie Mae, Freddie Mac, and FHA loans along with (real) bridge programs. Our proprietary loan options include our fixed-rate loans, bridge loans for acquisitions and rehabs, and mezzanine loans. LUMENT is also a leader in SBL, affordable housing, seniors housing, and healthcare loans.

81: Brokerlord with Derek Waltchack

ACRE Data Analytics Coordinator Stuart Norton is joined by Derek Waltchack, a Birmingham commercial real estate broker and developer and founding partner of Shannon Waltchack, to discuss his podcast Brokerlord. Derek is traveling the country to interview successful brokers from each of the 50 states for the podcast.

The goal of the podcast is to educate brokers looking to add rental income to their portfolios—but Brokerlord is not only for brokers. The ideas, advice and concepts are useful in any industry.

80: UNDERWATER: How Our American Dream of Homeownership Became a Nightmare with Ryan Dezember

Most young people aspire to buy their first home. Wall Street Journal reporter Ryan Dezember spent a decade trying to get rid of his. In UNDERWATER: How Our American Dream of Homeownership Became a Nightmare, Dezember provides a powerful, incisive story that chronicles the 2008 housing crash and its aftermath from a fresh perspective—the forgotten, middle-class homeowner.

Dezember joins ACRE Data Analytics Coordinator Stuart Norton on the podcast to discuss how decisions on Wall Street and in Washington played out on his street in a corner of the Sunbelt that was convulsed by the foreclosure crisis.

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RYAN DEZEMBER is a reporter for The Wall Street Journal, writing about financial markets and investors. He previously wrote about the oil industry from the Journal’s Houston bureau. Before that he worked as a reporter for the Mobile Register, reporting on the real-estate boom and bust for coastal Alabama’s daily newspaper. He lives in Brooklyn, New York.

79: New Construction (July 2020)

ACRE's Research Coordinator Stuart Norton shares data and insights on Alabama's residential new construction for July 2020. View all ACRE's commercial and residential data research at acre.culverhouse.ua.edu.

78: New Construction, Starts & Building Permits (June 2020)

ACRE's Research Coordinator Stuart Norton shares data and insights on Alabama's residential new construction, starts and building permits for June 2020. View all ACRE's commercial and residential data research at acre.culverhouse.ua.edu.

77: Crowdsourcing the CRE Leasing and Sales Data Marketplace with Compstak’s Lucy Burt

CompStak Senior Market Development Manager Lucy Burt joins ACRE Data Analytics Coordinator Stuart Norton to discuss CompStak's leading crowdsourced commercial real estate data platform that handles millions of data points each week to create a comprehensive, robust CRE data set and what she's been seeing happen on the platform during COVID-19.

For more information about CompStak, email Lucy at lucy@compstak.com

76: AHFA “Hardest Hit Alabama” Mortgage Payment Assistance Program with Cathy James

The Alabama Housing Finance Authority (AFHA) Business Development Manager Cathy James joins our podcast to provide information on their foreclosure prevention program Hardest Hit Alabama. The program provides up to $30,000 in short-term mortgage payment assistance to eligible homeowners who have lost employment or income due to COVID-19.

AHFA was established by the Alabama Legislature in 1980 to serve the housing needs of low- and moderate-income Alabamians and create housing opportunities through the affordable financing of single- and multifamily housing. Since 1980, AHFA has provided funding for more than 48,000 rental housing units and helped more than 70,000 Alabamians purchase a home.