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California Real Estate Broker and Attorney, Chad Bleiler has joined Gateway Financial Real Estate as an Associate Broker and is bringing over 10 years of experience in the legal field (5 years as a practicing attorney), ranging from employment litigation, personal injury litigation, and real estate law. His legal experience in negotiations and contract drafting and review bring an added benefit to the company’s commercial real estate clients. Chad has had a long standing interest in being involved in real estate transactions, which began during his undergraduate studies at San Diego State University where he received a B.A. in Business Administration (Real Estate). Throughout his law school career, he continued his focus on real estate law and graduated with honors from Thomas Jefferson School of Law. Having lived his whole life in San Diego, Chad also brings local knowledge and longtime connections in San Diego to the benefit of the company’s commercial real estate clients.  

 

Corporate broker blazes own trail, loves what he does By PADMA NAGAPPAN, The Daily Transcript Thursday, December 6, 2012 Being around the construction and development business his whole life, James Pieri Jr. found himself always drawn back to the industry even while he explored other career options. The Torrey Pines High School and San Diego State University finance graduate thought about going into law — and even took the LSAT and got accepted into law school — but instead went to work for MountainWest RealEstate in 2003, the commercial real estate firm his father owns and heads. His father Jim Pieri is a commercial developer in Chula Vista who began with apartment projects in the 1970s and ‘80s, and then expanded to Class A office and retail space. It influenced Pieri Jr., 32, to get his realtor’s license after college. He had already spent his college years working for the company on a part-time basis, starting out in maintenance and facilities management, and then moving on to the security side of property management. After college, he worked his way up and around the different departments, eventually becoming vice president of real estate. “One of the things my father instilled in me is that if someone comes to you about the business, if you have worked in every area, then you know what they’re talking about, so I worked every aspect and it was a real educational process,” Pieri said. Before leaving to strike out on his own in 2010 by founding Gateway Financial Real Estate, he and a team of 35 managed about half-a-million square feet of commercial space. The size and complexity of the business required endless meetings and Pieri felt bogged down by it, which motivated him to blaze his own trail. “I wanted to take on the role of leader and go with my own vision. But I also wanted to focus on what I am passionate about versus management — I was tired of so much of the minutiae of the day-to-day operations,” he said. “I really enjoy what I do. But for a period of time, I stopped loving what I do because I was tied down with management issues.” Now he likes the change of pace of being an entrepreneur with the flexibility and freedom to pursue his own goals. “I don’t have employees, I have 1099 partners.” Pieri took advantage of co-working spaces and has an office in UTC and another downtown where he meets clients and brainstorms with others, in addition to a home office. When he began Gateway, initially about 75 percent of his business came from representing landlords in lease negotiation. “I started off with tenant landlord lease negotiation because it’s the easiest part of commercial real estate to get into,” he said. “I picked up business on behalf of several landlords and that grew into tenant representation, too.” In two short years, things have changed and today three-quarters of his business comes from representing tenants — as he discovered that being in property management was not so easy — although initially he had wanted to represent more landlords. He is inspired by private real estate firms like Irvine Company and Hines Company, having observed their projects in San Diego. “They’re top-notch and I’ve always admired the work they do,” he said. He partners with commercial brokerage firms like NAI San Diego and NAI Global, as well as Cushman & Wakefieldand CB Richard Ellis, bouncing ideas off of them and discussing deals, he said. Pieri’s clients are across the board — from professionals such as doctors and attorneys, to retail shops and office tenants — and he’s been involved in transactions from local mom-and-pop startups to international firms. A common scenario he runs into often is clients who are unhappy with the space they presently occupy, but are locked down in long-term leases and are unable to relocate. Pieri finds satisfaction in being able to show them their options and helping them find a place that suits their budget and needs. “One of our clients was paying market rent in a Class B area, but we found we could move them to a downtown Class B+ or A- building with some parking, so they ended up moving into a brand new downtown penthouse with twice as much space and ended up saving money with rent concessions,” he said. Compared to two years ago, the market has continually, steadily increased Pieri said, with a slow, steady climb as more businesses open new locations.

 
James Pieri, Jr.
James Pieri, Jr. on Jun 11, 2014 in News

Harcourts Conference 2014-Notes from CAR’s Chief Economist We just returned from our annual conference energized and focused after being acknowledged as part of the top 30 agents in the company's U.S offices for 2013. We enjoyed 2 full action packed days of Keynote speakers and economic breakouts. Our own Nicole even took part in a Rock-Star Agent Panel to share tips with new agents to the industry. We also spent a day golfing for charity and raised over $3,000 that was later donated to Operation Smile, Braam Malherbe our day 2 keynote Speaker's foundation for children with cleft palates. It was our privilege to be able to meet in a small breakout session with Leslie Appleton Young, our California Association of Realtors VP and Chief Economist. Throughout the discussion, the statement she made that resonated with us is that this market “could not possibly be a ‘bubble’ because there are so many buyers purchasing with cash”. With the government tapering and Fannie Mae & Freddie Mac purchasing over 80% of the mortgages in 2013, by December 2013 85% of all sales in California were equity sales. For a market that was 60% REO’s back in January 2009, we have seen a huge improvement to distressed sales with only 5% being REO currently in California. In 2009 over 35% of homeowners were underwater which has now decreased to 13%. Overall absorption in Ca is at 3 months, which is still not a balanced market but is heading there. Delinquency rates are back to long term trending. In 2013 82% of investment purchases were turned into rentals versus “flipped”. In San Diego our median price is up overall by 15%. In California there is strong foreigner purchasing presence, with 30% of buyers from China, 13% from Mexico, 9% from Canada, and 6% from India. 38% of these foreign transactions were done in cash. Dollar volume decreased 60% from 2006 to 2011 and has been sturdily improving the past 3 years. The overall message? Don’t miss out on the current opportunity to purchase with rates historically low! The increase in rate will decrease individual purchasing power because payments will be higher and loans will be harder to qualify for.

 

Harcourts Conference 2014 - Notes from CAR's Chief Economist

 
Nicole Hazelton
Nicole Hazelton on Feb 25, 2014 in Local News

        An interesting call came from one of our client recently concerned his digital identity had been stolen because TV shows were appearing on his Netflix queue that he was not adding. After a few minutes of questions and brain racking we narrowed breach in his account to a TV he had purchased at a major retailer then later returned due to being defective. It seems the retailer had just marked the TV down and resold it with his Netflix account still unknowingly attached.

 
Daryl Craig-Jones
Daryl Craig-Jones on Feb 17, 2014 in Technology

        An interesting call came from one of our client recently concerned his digital identity had been stolen because TV shows were appearing on his Netflix queue that he was not adding. After a few minutes of questions and brain racking we narrowed breach in his account to a TV he had purchased at a major retailer then later returned due to being defective. It seems the retailer had just marked the TV down and resold it with his Netflix account still unknowingly attached.

 
Daryl Craig-Jones
Daryl Craig-Jones on Feb 17, 2014 in Local News

"It's like everyone tells a story about themselves inside their own head. Always. All the time. That story makes you what you are. We build ourselves out of that story." – Patrick Rothfuss

 
Frances Naty Go
Frances Naty Go on Jan 12, 2014 in Branding

Google provides a lot of tools for business, but two stand out among all the rest:  Google Apps for Business and Google Adwords.   

 
on Sep 03, 2013 in Local News
Gateway Financial Real Estate specializes in Commercial and Residential Real Estate Brokerage, Construction and Development, Marketing, Asset and Property Management throughout San Diego County and abroad. Gateway Financial offers a complete real estate solution including Tenant and Landlord representation, leasing, investment sales, asset management, market analysis, financial analysis, development and property management. The company serves all commercial property types including industrial, investment, office, medical, retail, multi-family, restaurant/fast food, and land acquisitions throughout San Diego County. For additional information about Gateway Financial Real Estate, please browse our site www.igatewayfinancial.com and add your comments to our Blog page. GATEWAY FINANCIAL Real Estate Office: (619) 565.2400 email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
 
James Pieri, Jr.
James Pieri, Jr. on Aug 19, 2013 in Local News

Statistics from the National Federation of Independent Business state that one million businesses are co-owned and managed by married couples. Many married couples decide to run a business together, each performing those tasks that are most closely aligned with their individual skill set.

 
Richard Renkin
Richard Renkin on Aug 08, 2013 in Local News
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