Strong commercial real estate market lures national and international investors to San Francisco

April 11th, 2008

San Francisco, April 9, 2008 — Despite current residential housing woes and the U.S. Labor Department reporting 80,000 job losses in March 2008 (nearly 250,000 for 2008), the global commercial real estate market still is holding strong, especially in San Francisco, Calif. According to commercial real estate investing expert, Cherif Medawar, the Bay Area’s technological growth, steady employment, and weak U.S. dollar are contributing factors to the area’s robust commercial real estate market. 

“Export, employment, and retail sales growth have granted immunity to the Bay Area despite a grim economy,” says Cherif Medawar, founder of the Institute of Commercial Real Estate, and San Francisco local. 

Figures released from the Bureau of Labor and Statistics credit the strength and growth of the Bay Area’s technological sector for the region’s employment growth. Industry leaders such as Cisco Systems, Google, Apple Inc., VMware, and several technology companies continued to drive economic growth and stimulate profitable commercial real estate activity in 2007.  

Office and R&D markets in the Bay Area showed a net activity totaling more than $5.8 million for 2007. And the commercial real estate trend is forecasted to weather the national economic storm throughout 2008. The San Francisco Center for Economic Development substantiates those statistics in its 2007 commercial real estate update, citing 16 consecutive quarters of positive absorption, and sales of existing buildings remaining strong, with more than $6 billion in sales occurring in the first half of the year at prices exceeding $500 per square foot. In addition, occupancy rates showed continued growth.  

“We’re at a historical time, and there’s so much international money coming into the Bay Area,” states Medawar. “Asia has exceptionally deep pockets, and China and Japan are ready to pour millions if not billions into U.S. commercial real estate — hotels, motels, office space, buildings, and retail. With so much positive international cash flow coming into the U.S. — specifically the Bay Area for its low real estate prices and low interest rates — the opportunity for San Francisco residents to make a ton of money right in their own backyard is almost unfathomable.” 

Medawar adds, “Retailers spend more money per square foot in San Francisco than in any other area in the United Sates. The area is showing explosive tenant demand. And with guaranteed locked-in leases, it’s practically impossible not to get paid. People are lining up to invest, especially international investors who are focused on commercial transactions.” 

Encouraging future commercial future growth and profits, San Francisco will see more than 3 million square feet of new office space coming onto the market between 2008 and 2011, which marks the largest increase in new office space in San Francisco since 1985. Even Wall Street is showing faith in the San Francisco market, speculating the area to sustain rents as high as $100 per square foot by 2009.“

Based on past and present economic performance, and given the current tenant demand that’s as much as a million square feet, investors can make a killing in San Francisco’s commercial real estate market,” adds Medawar. “There’s a healthy appetite on both ends of the spectrum — both tenants and investors. Rather than feeding into the fear frenzy, new or seasoned investors simply need to understand the facts and statistics that make the Bay Area a money-making oasis!” 

The number of commercial transactions, sales volume, and average price paid per square foot in the San Francisco Bay Area has led Medawar to spawn his first free recession-proof commercial real estate investing workshop — all in an effort to help residents and investors of all levels understand the current recessive economy and how to help them protect their hard-earned dollars.  

Medawar says, “The San Francisco Bay Area is a ‘global market’ poised to not only weather but also exceed the current economy at measurable levels. I want to help investors reposition residential assets and transition them into commercial properties that are recession-proof and generate long-term income without having to pay a penny in taxes. Using a 10310 Exchange, people in the Bay Area can learn how to build wealth and keep more of their money.” 

Bay Area investors and residents interested in commercial real estate can register to attend one of Cherif Medawar’s free workshops scheduled from April 27 – April 30 at instituteofcommercialrealestate.com

About Cherif Medawar: Cherif Medawar, founder of the Institute of Commercial Real Estate (ICRE), is a commercial real estate investor with more than 18 years experience and a multi-million-dollar generating portfolio of residential and commercial properties across the U.S. and the Caribbean.  

Media Contact:  Ashlee Jones                
Business Manager, Institute of Commercial Real Estate                
407-206-6577, ext. 11710

Bob Proctor from The Secret will offer The Science of Getting Rich Workshop

January 3rd, 2008

ORLANDO, FLA. (Dec. 26, 2007) – Bob Proctor, one of the teachers featured in the blockbuster movie, The Secret, is launching a series of three-day workshops across the country to share “The Science of Getting Rich.”

Proctor, who was interviewed about his strategies on Oprah, said he believes his program will supersede any other program people have used in the past. He said these time-tested concepts will alleviate confusion many people have had about money.

The Science of Getting Rich program is designed to give participants a deep understanding of how to attract money and how to receive the riches they deserve. The program aims to inspire people in all areas of their lives – mental, physical, spiritual and emotional. As Wallace Wattles, author of The Science of Getting Rich noted, “There is a science of getting rich. It is an exact science, like algebra or arithmetic.” And that science is as “fundamental as gravity,” Wattles stated.

For 40 years, Proctor has been a renowned motivational speaker with direct ties going back to Andrew Carnegie, the financial and philanthropic titan. Proctor has worked with businesses and individuals alike to develop proven strategies that will enable financial and personal growth in a dynamic business world with growing personal demands.

Among the many benefits that will be offered through The Science of Getting Rich are a 180 page Workbook and Action Planner, 10 CDs and an MP3 player, pre-loaded with 15 hours of program content to maximize participants use outside the classroom.

Concepts covered in the wealth-generating workshop include:

     • Why risk-taking isn’t as risky as it seems.
     • How to rev-up self-esteem.
     • How to tap into creative power within.

    “I can’t stress enough how empowering this mental revolution is,” Proctor said.

    To find out more, including where you can attend a free Science of Getting Rich workshop, call 800-573-8127.

    LifeSuccess AcademyTM (”LSA”) is a trademark of Business Skills Corporation (”BSC”), a subsidiary of Telligenix Corporation (”TC”). LSA is a training institute, and individual performance depends upon the individual skills, time availability, and dedication of each student in the training program.

    B2G Institute Helps Businesses Tap into $327 Billion Government Contracts

    October 30th, 2007

    ORLANDO, FLA. (Oct. 30, 2007) Telligenix Corporation’s B2G Institute announced today that it is expanding its courses nationwide aimed at assisting business owners locate and secure government contracts.

    Cathy Simmons, B2G Institute’s business manager, said government contracts are a lucrative, stable source of income for many businesses – both small and large. But she said many entrepreneurs fail to take advantage of this revenue source because they hold misconceptions about the governmental process.

    “People often fear that the process is too complicated, that there’s too much paperwork or that small businesses can’t compete,” Simmons said. “Those are really myths that we dispel during our training.”

    Simmons said that B2G Institute “breaks down” the process during its comprehensive, three-day training program that teaches business owners how to assess opportunities, market their businesses and bid government contracts with confidence.

    The workshops are being offered at a time when a recent legal ruling opens the door for more contracts than ever to be awarded to small businesses, which already amounted to $70 billion in 2007.

    More than $327 billion in contracts will be available from the
    U.S. government in 2007.

    Hundreds of government agencies need competent, qualified small businesses to meet their agency contracting goals. In fact, these agencies are required by law to work with

    small businesses owned by minorities, women and veterans, among others.

    Todd Forbes, from northern California, took the B2G course and said “I had been involved with selling to the Federal government for several years but until I took the B2G training program in September, I was not fully committed.  I took the training and was absolutely thrilled.   Once the three day program is completed you are 100% ready to hit the ground running.  I landed my first project about a week after the training and then almost exactly a month to the day after I finished the program, I landed a bigger project and the profit from that covered more than the cost of the two of us to attend the program.”  Todd went on to say, “I won a 23K deal on FEDBID that I spent a total of 1 hour on. Not too bad for an hours worth of work!”

    For more information, visit B2G’s Web site, www.b2ginstitute.com, or contact B2G Institute Business Manager
    Cathy Simmons at cathys@telligenix.com.

    Commercial Real Estate Expert Offers Workshops

    August 30th, 2007


    ORLANDO, FLA. (Aug. 30, 2007) The Institute of Commercial Real Estate (ICRE) announced today that it will offer free workshops to help investors learn how to find success and build financial income
    through commercial real estate. The powerful, proven strategies presented in these workshops are based on the teachings of ICRE founder Cherif Medawar, an internationally-renowned real estate expert and self-made multimillionaire. 

    Medawar, author of How a Broker Can Make You Millions, said commercial real estate offers many advantages over other kinds of property investments. 

    “Commercial real estate can provide larger profits with lower risks,” Medawar said. He explained that commercial real estate tends to be more stable than residential property because its value is often tied to the revenue generated by leases and other streams of income instead of comparable sales, which often determines residential value. 

    Recent articles in The Wall Street Journal and a Forbes report noted that while there has been a lot of attention paid to the housing bust and rising foreclosures on residential mortgages, commercial real estate is booming. The Wall Street Journal pointed to the latest U.S. Census Bureau’s report that showed private, commercial construction spending jumped 17 percent in June over the same period a year ago. The Forbes report quoted billionaire Sam Zell who recently told investors that he did not think the thriving commercial activity would end because rising prices in oil and iron ore have created a world “awash with capital. Yet the supply of real estate assets is limited.” Investor’s Business Daily called this year’s activity a “property-buying binge,” with U.S. commercial real estate — offices, retail facilities, apartment complexes and warehouses — accounting for $225 billion in purchases during the first half of 2007, according to Real Capital Analytics, a commercial real estate research firm that tracks deals greater than $5 million.  

    Medawar, one of the largest, single owners of historical commercial properties in the
    United States and its territories, said people attending his free nationwide workshops will get insider tips on how to make money by finding choice commercial properties, determining potential income, negotiating deals and managing cash flow for steady income.
     

    ICRE reported some investors are hesitant to enter the commercial real estate market because they consider it too expensive or too complicated. But Medawar, whose properties have attracted tenants such as Tommy Hilfiger, Puma and Burberry, said that purchasing commercial property frequently costs no more out of pocket and often generates no more paperwork than buying a house. He said other advantages of commercial property include more funding options, maximum tax write-offs, and stable tenants who usually sign much longer leases than residential properties. 

    For more details about the workshops, go to www.myicre.com or call 888-294-8276. 

    About the Institute of Commercial Real Estate:  The Institute of Commercial Real Estate (ICRE) sponsors free workshops that share a comprehensive overview of how to find, acquire, and manage cash flow from commercial real estate. ICRE was founded by Cherif Medawar, a renowned international author and speaker on real estate investing. For more information, go to www.myicre.com or call
    888-294-8276.

    Telligenix Announces Launch of Growing Wealth™ magazine

    August 29th, 2007

    Orlando, Fla. – Telligenix Corp., a division of Dynetech Corp., recently launched Growing Wealth, a new magazine dedicated to providing entrepreneurs and investors with the information and support they’ll need to enrich their portfolios. 

    The magazine’s initial circulation totaled approximately 20,000, with an estimated 1,500 additional readers joining each month. The primary readership includes real estate investors, cash flow industry professionals, securities investors, small business investors, and independent sources of funding, as well as other service providers, such as business and financial consultants.  

    Growing Wealth features high-caliber writing, reporting photography, illustration, and design. The inaugural issue set a precedent as being the resource for individuals who are involved in, or want to be involved in, real estate, cash flow, franchising, and securities investing. Content includes profiles of successful entrepreneurs, informative pieces on how to grow and maintain wealth, tips and techniques from leading experts and practitioners, and investigative reports on various business opportunities.  

    The magazine published a premiere issue in August 2007 and evolved further with additional on-site staff and contributing writers for its September and October publications.  

    A monthly publication, Growing Wealth has a companion Web site, GrowingWealthMag.com, and will host annual conventions for readers and other investors who are looking for opportunities to successfully expand their portfolios and improve their economic situations beyond the boundaries of traditional growth products offered by banks. 

    For more information about Growing Wealth, contact Nicole Rego at 800-921-0408.

    Innovative Real-Estate Buying Program Launches Amid Forecast of Home Sales Increase

    July 30th, 2007

    ORLANDO, FLA. (July 30, 2007) The National Probate Institute will launch its new real-estate buying program, titled “Probate Profits in Real Estate™” on August 12 in
    Miami. The free workshop will share insider strategies about how to acquire property from probate at prices from 30% to 40% below market value.
     

    Diana Hill, founder of the National Probate Institute who has been quoted in “Fortune” magazine, said that purchasing probate real estate has several advantages. 

    “You don’t need an investor’s bankroll to be successful,” said Hill, a California State University graduate and tax accountant who amassed millions of dollars in net worth while building a national reputation as a probate real-estate expert. “Probate property is more consistent and predictable with typically below-market prices, eager sellers and simpler paperwork than other methods, such as foreclosures.” 

    Besides teaching techniques to find the right probate properties, National Probate Institute experts will show participants how to turn other estate assets into cash. Hill said she was offered an $8,000 Steinway baby grand piano for $800.  

    The free introductory workshop and three-day advanced follow-up program also aim to overcome myths people hold about probate real-estate buying, such as concerns about intruding on the feelings of grieving heirs. Hill, who has 18 years’ business experience, emphasized her program pertains only to property that is already in probate, meaning the process has already been initiated. 

    For more information call 888-294-8210 or visit www.nationalprobateinstitute.com. 

    National Probate Institute is a trademark of Telligenix Corporation based in Orlando, Fla. NPI is a training institute, and individual performance depends upon individual skills, time availability and dedication of each student in the raining program. Testimonials included may not represent typical results. Unique experiences and past performances do not guarantee future results.

    The Apprentice’s Troy McClain Joins National Mortgage Institute™and Launches New Educational Program

    April 18th, 2007

    ORLANDO, FLA. (April 18, 2007)  Troy McClain, whose street smarts and business savvy made him one of Donald Trump’s most popular The Apprentice contestants, announced today that he is lending his successful business tips, as well as his name, to the Orlando-based National Mortgage Institute™. The National Mortgage Institute™, working closely with Pinnacle Financial Corp., also based in Orlando, will begin a series of three-day, educational training programs in June. The programs are endorsed by well-respected industry leaders Barry Habib, CEO of Mortgage Market Guide, and Todd Duncan, founder of The Duncan Group. Additionally, Pinnacle Financial Corp. was named the nation’s “most ethical mortgage lender.” 

    The Mortgage Planner Training™ educational program is aimed at real estate beginners to seasoned professionals. Participants will receive in-depth training and insights on mortgage planning; and upon completion, they will have an opportunity to become a mortgage planner, loan originator or loan officer for Pinnacle or other lenders, contingent upon meeting company guidelines.  

    “There are tremendous money-making opportunities in today’s real estate market, if you know how to find them,” McClain said. “If you understand how credit and lending works, you can help people find the means to buy their dream house and make money doing it.” 

    Part of the training will include McClain’s “4 C’s of Lending,” which covers the secrets behind credit, capacity, collateral and character. The Mortgage Planning workshop will debut in
    Orlando, Fla., on May 20th.
     

    About National Mortgage Institute™. National Mortgage Institute™ (NMI) is based in
    Orlando, Fla., and works with Pinnacle Financial Corp. to provide mortgage-related educational programs. In 2006, Pinnacle received Consumer Advocate Harj Gill’s Seal of Approval as the nation’s most ethical lender.  NMI has the support of industry leaders, including Barry Habib, CEO of Mortgage Market Guide, and Todd Duncan, founder of The Duncan Group. For more information go to www.nationalmortgageinstitute.com or contact Janet Horvath-Pino, Executive Vice President, at 407-206-6512.

    TELLIGENIX CORPORATION ANNOUNCES GRANTING OF AUTHORIZED PROVIDER STATUS

    March 19th, 2007

    Orlando, Fla — Telligenix Corporation, a division of Dynetech Corporation, announced today that it has become certified by the prestigious International Association for Continuing Education and Training (IACET). This announcement recognizes all the training institutes of Telligenix Corporation as authorized providers of IACET-approved CEUs for all training programs, as well as any created during the time of certification, for the next five years.

    Telligenix has completed an extensive application process, has been reviewed and evaluated by IACET representatives, and has successfully demonstrated adherence to all IACET criteria and guidelines. The company has agreed to comply with IACET continuing-education standards and will now utilize the IACET name and logo on promotional course materials. In addition, Telligenix is now linked to the IACET Web site and is recognized as offering the very highest-quality continuing education and training programs.

    The primary goal in pursuing and obtaining IACET approval is that it represents a “stamp of approval” of Telligenix Corporation training programs and their excellence from an outside, third party.

    For more information about the training institutes of Telligenix Corporation or its IACET certification, please contact Edna Bautista, instruction and development director, at 407- 206-6561.