Projects from Fall 2015

In LDEV 664 Market Analysis, our class was tasked with selecting a site for a CCRC/Mixed-use community in College Station. Requiring all aspects of development including market analysis, financial analysis, etc., our group came up with the following information and compiled to present at the end of our Fall 2015 semester. Due to the hard work and incredible design ability of Cole Ziegler, this is something I'm willing to show off:

https://www.dropbox.com/s/kk2yq5lfveaicid/FINAL-DRAFT-V1.0.pdf?dl=0

For our FINC 677 Land Development course, we were broken up into groups to analyze the retail for Century Square--a development next to Texas A&M University in College Station. Below is a link to our findings including a market analysis, financials, and data already made public about the tenants coming online for the development. It was an interesting project to be a part of and again, Cole Ziegler knocked it out of the park with his design abilities.

https://www.dropbox.com/s/1r7zy02k40kyrsh/677-Report-DRAFT-V1.3.pdf?dl=0

Economic Base Analysis

My hometown is Nacogdoches, TX. What I initially believe to be the basic employment of the area (without researching or calculating anything) is the SFA State University, the International Paper Mill, Pilgrim’s Pride, and Lone Star Feed and Fertilizer.

The following tables taken from the Bureau of Labor Statistics and breaks down the employment information of the area based on census data. http://www.bls.gov/

Location Quotients

Location Quotients calculated from Quarterly Census of Employment and Wages Data
Industry	Nacogdoches Co., TX
Base Industry: Total, all industries	1
NAICS 11 Agriculture, forestry, fishing and hunting	1.94
NAICS 21 Mining, quarrying, and oil and gas extraction	0.49
NAICS 22 Utilities	0.46
NAICS 23 Construction	1.08
NAICS 31-33 Manufacturing	1.66
NAICS 42 Wholesale trade	1
NAICS 44-45 Retail trade	1.23
NAICS 54 Professional and technical services	0.34
NAICS 55 Management of companies and enterprises	0.13
NAICS 56 Administrative and waste services	1.01
NAICS 61 Educational services	0.15
NAICS 62 Health care and social assistance	1.04
NAICS 48-49 Transportation and warehousing	0.23
NAICS 51 Information	0.35
NAICS 52 Finance and insurance	0.78
NAICS 53 Real estate and rental and leasing	0.83
NAICS 71 Arts, entertainment, and recreation	0.39
NAICS 72 Accommodation and food services	1.43
NAICS 81 Other services, except public administration	0.82
NAICS 99 Unclassified	0.26

The location quotients for Nacogdoches County show that agriculture/forestry, manufacturing, and accommodation and food services are the largest employers in the area. There's plenty of farming certainly and if chicken farming is included, the Alders family definitely contributes to that number. In keeping with that industry, Pilgrim's Pride has a food processing plant in the city and clearly that contributes to the jobs offered in Nacogdoches. As far as manufacturing, I know of a paper plant south of town as well as a Foretravel RV plant on the west side of town. Those must factor heavily into the area's employment.

Percentage of Employment

Percentage of Employment calculated from Quarterly Census of Employment and Wages Data
Industry	U.S. Total	Nacogdoches Co., TX
Base Industry: Total, all industries	1	1
Agriculture, forestry, fishing and hunting	0.0107	0.0206
Mining, quarrying, and oil and gas extraction	0.0073	0.0036
Utilities	0.0048	0.0022
Construction	0.0529	0.0572
Manufacturing	0.1052	0.1746
Wholesale trade	0.0503	0.0502
Retail trade	0.1328	0.1638
Professional and technical services	0.0722	0.0243
Management of companies and enterprises	0.0186	0.0025
Administrative and waste services	0.0742	0.0749
Educational services	0.0231	0.0036
Health care and social assistance	0.1549	0.1607
Transportation and warehousing	0.038	0.0086
Information	0.0236	0.0083
Finance and insurance	0.0487	0.038
Real estate and rental and leasing	0.0177	0.0147
Arts, entertainment, and recreation	0.0181	0.007
Accommodation and food services	0.1084	0.1549
Other services, except public administration	0.0366	0.03
Unclassified	0.0019	0.0005

Employment Data

Employment calculated from Quarterly Census of Employment and Wages Data
Industry	U.S. TOTAL	Nacogdoches County, Texas
Base Industry: Total, all industries	115568686	16583
Agriculture, forestry, fishing and hunting	1231162	342
Mining, quarrying, and oil and gas extraction	841879	59
Utilities	548993	36
Construction	6108673	948
Manufacturing	12156537	2895
NAICS 42 Wholesale trade	5815992	833
NAICS 44-45 Retail trade	15343711	2717
NAICS 54 Professional and technical services	8347995	403
NAICS 55 Management of companies and enterprises	2154136	41
NAICS 56 Administrative and waste services	8572145	1242
NAICS 61 Educational services	2668917	59
NAICS 62 Health care and social assistance	17904219	2665
NAICS 48-49 Transportation and warehousing	4391274	142
NAICS 51 Information	2732191	138
NAICS 52 Finance and insurance	5633839	630
NAICS 53 Real estate and rental and leasing	2040198	244
NAICS 71 Arts, entertainment, and recreation	2094615	116
NAICS 72 Accommodation and food services	12531941	2568
NAICS 81 Other services, except public administration	4235390	497
NAICS 99 Unclassified	214881	8

Donald Trump bio

Donald Trump is a household name these days. The unlikely popular 2016 presidential candidate makes headlines daily with his outlandish sound bites that increasingly polarize the GOP electorate. However, before his rise to national prominence as a politician, Trump’s career as a high-end real estate developer made him a by-word for American entrepreneurial achievement and the success found from shrewd business dealing, high risk, and hard work.

Trump was born the second to last of five children in Queens, New York, on June 14, 1946. His father, Frederick Trump, was a real estate developer and builder who specialized in middle class apartment housing. Mr. Trump sent his son to the New York Military Academy at 13 and after high school, Donald went to college at Fordham and after two years, transferred to Wharton at Penn State University where he graduated with a degree in Economics. He was still a college student when he joined his father’s company, “Elizabeth Trump and Son” in New York. With a great education and a family background in development, it was no surprise that Donald Trump would follow a career path in the real estate industry.

As an employee of his dad, Donald was able to convince Mr. Trump to leverage his equity in their apartments for bank loans in order to chase bigger deals in New York. At 25, he was given control of the company and moved to Manhattan where his career really started to advance. Realizing the economic strength of NYC, Trump took advantage of his new connections with influential New Yorkers and became involved with a number of large building projects that coupled design and function bringing higher profits.

There are a number of deals in Trump’s past that have gained him notoriety. One such example was The Grand Hyatt in New York City. The original hotel on the site, the Commodore was an unprofitable venture but in a great location. Using his negotiation ability, Trump convinced the city to abate his taxes on the property for 40 years, worked out a complex financing deal, and renovated the project in partnership with the Hyatt Hotel Corporation to bring a premier hospitality location to New York. The Grand Hyatt paid massive dividends financially but also began to polarize people about Donald Trump.

Throughout the later 1970’s and the 80’s, Trump’s reputation and deal-making ability brought him great success in real estate. Coupled with the strong economy, his net worth climbed at an astonishing rate. The nature of Trump’s driven and arrogant personality has been a constant for years before he ran for president. As a result, many of his projects were unpopular and a few never broke ground because of the grassroots movement to stop the Trump developments. When 1990 hit and the economy contracted, the Trump Organization lost billions of dollars and Trump was forced to file bankruptcy on many of his companies. However, in short time, Donald was back to making money and as of today is worth billions.

Donald Trump is successful, arrogant, and running for president. Most people know these things. However, if anyone has ever been cut out for a career in commercial real estate, it’s him.

http://www.biography.com/people/donald-trump-9511238#synopsis